CNBC Business

Urban Outfitters shares tumbled after the apparel retailer reported disappointing holiday sales and announced its current chief executive is set to depart.

The potential foray into personal air mobility was announced as part of Cadillac's portfolio of luxury and EV vehicles.

A more infectious coronavirus strain first identified in South Africa is "disturbing" and could pose a threat to Covid antibody drugs, Dr. Anthony Fauci said.

A slower-than-expected rollout of the coronavirus vaccine could have a domino effect on the 2021 movie slate, with possibly devastating effects on the industry.

Check out the companies making headlines in after hours trading.

These are the stocks posting the largest moves in midday trading.

The states' focus on vaccinating health-care workers and nursing homes has created a bottleneck, the official said.

The government is changing the way it allocates Covid vaccine doses, now basing it on how quickly states can administer shots and size of their elderly population.

The National Basketball Association has already postponed two games this week due to Covid-19 outbreaks.

Sunday's CBS game between the New Orleans Saints and Chicago Bears attracted over 28 million viewers, and its kids' version drew approximately 2 million.

Walmart is launching the pilot as more customers look for convenient and contact-free ways to stock their fridges.

The EV600 van will be the first vehicle under a new commercial business unit within GM called BrightDrop.

New York will turn Citi Field, home of the Mets, into a 'mega' Covid vaccination site, aiming to give as many as 7,000 shots a day, Mayor Bill de Blasio said.

The retail giant interacts with millions of customers, including some who don't have a relationship with a bank or a financial advisor.

The partnership is expected to assist the start-up in lowering its purchasing costs and accelerating the launch of an electric "flying car."

Boeing's 2020 aircraft cancellations were the worst on record as pandemic hit sales.

Starbucks will invest $100 million over the next four years in community development projects and small businesses in areas populated by people of color.

Cuomo said further expanding to those 65 and older will open eligibility to about 7 million people, but the state is only receiving about 300,000 doses a week.

The Trump administration will issue new guidelines that expand vaccine eligibility to everyone age 65 and older, a senior official told CNBC.

"The South African variant ... is the one of concern. It has more dramatic mutations to that spike protein," Eli Lilly CEO Dave Ricks said.