CNBC Business

The 2019 NBA Finals MVP will also hold two board of directors seats after joining X2 as part of a Series D funding round.

"The reason I participated in this trial was because I think the vaccines are so important," Ohio Republican Sen. Rob Portman told CNBC on Tuesday.

Taylor Swift has confirmed that the rights to her first six albums have been sold by Scooter Braun to a private equity firm.

The British airline said it was only expecting to fly about 20% of its planned capacity in the final three months of 2020.

A coronavirus vaccine won't be the silver bullet to end the pandemic, Singaporean minister Lawrence Wong said despite "promising" news from pharmaceutical firms.

Colorado Gov. Jared Polis explains why the federal government needs to step up in several ways as the coronavirus pandemic surges across the country.

"They've spent four or five years building the capability, creating that capability from the outside," CEO Nikesh Arora said of its $800 million Expanse buy.

"There doesn't seem to be a price that [young investors] won't pay, at least for the moment," Jim Cramer said Monday on CNBC's "Mad Money."

"Clearly, we would hope there is no disruption because of the transition," Operation Warp Speed chief Dr. Moncef Slaoui told CNBC.

President-elect Joe Biden said "more people may die" from the coronavirus if the Trump administration doesn't coordinate the vaccine's distribution.

"They see good news and then they buy, and then no one comes forward to sell," CNBC's Jim Cramer said Monday. "We haven't seen this pattern ever."

These are the stocks posting the largest moves after hours.

Retail takes the earnings spotlight this week. Oppenheimer's Ari Wald and Gina Sanchez of Chantico Global and Lido Advisors discuss.

Lordstown Motors says production of its all-electric Endurance pickup remains on track for next year, sending the company's share up as much as 27%.

Moderna said preliminary phase three trial data shows its coronavirus vaccine is more than 94% effective in preventing Covid-19.

President-elect Joe Biden hosted a joint meeting Monday with union leaders and the CEOs of Target, GM, Gap and Microsoft.

"If we can do that we will be back to a normal state by the end of next year," Dr. Carlos del Rio of Emory University told CNBC.

Many retailers have taken a huge financial hit during the coronavirus pandemic after stores were temporarily closed to halt the virus's spread.

"Those countries that are letting the virus run unchecked are playing with fire," WHO Director-General Tedros Adhanom Ghebreyesus said on Monday.

Online searches on Etsy and Pinterest indicate that holiday shoppers are seeking out meaningful holiday gifts, from personalized items to handmade goods.