CNBC Business

Members of the Koss family alone sold $31 million of the stock, according to SEC filings

With Ford and fellow automaker General Motors up nearly 30% year to date, two traders say electric vehicles will be a key factor in their race to profits.

Some airlines and labor unions are seeking another $15 billion in federal payroll aid as the pandemic continues to strain carriers.

Interesting wagers include a $3.4 million bet on the Tampa Bay Buccaneers and if the opening kickoff will be returned for a touchdown.    

Elon Musk's SpaceX disclosed on Thursday that its Starlink satellite internet service now has "over 10,000 users in the United States and abroad."

Ford is cutting production at plants in Michigan and Missouri that produce its profitable F-150 pickup trucks due to a global semiconductor chip shortage.

LA Rams player Andrew Whitworth has been nominated for the Walter Payton Man of the Year Award. He's also committed to serving others.

With new shoppers patterns, Nordstrom said it plans to focus its investments on smaller-format stores, building its off-price Rack business and e-commerce.

Many IPOs still reflect the mostly white male Silicon Valley stereotype. Diverse venture capitalists have a plan to get in on start-ups near public offerings.

The National Football League said it has not traced any outbreaks from fans attending 116 games this season.

Chief Executive Michelle Gass said digital sales represented more than 40% of net sales during the period, growing more than 20% year over year.

The PRO Act aims to boost workers' bargaining rights during the pandemic but is unlikely to get through the Senate.

Instacart will deliver online purchases to Family Dollar customers' homes in as quick as an hour.

Ford CEO Jim Farley says he will provide a clear and decisive plan for the company as the auto industry transitions to electric vehicles.

Tapestry said its online business grew at a triple-digit rate from the previous year.

American Airlines warned employees last week that another round of furlough notices could be coming.

Covid-related dining room closures outside the U.S. weighed on same-store sales growth at KFC and Pizza Hut.

A growing list of companies new to advertising will be shelling out roughly $5.5 million to show their stuff during the Super Bowl.

Drone-delivery start-up Zipline plans to distribute Covid-19 vaccines with end-to-end cold chain capabilities.

Merck CEO Ken Frazier will be succeeded by the chief financial officer Robert Davis, the company said.