CNBC Top Stories

Reddit Co-founder Alexis Ohanian on Friday announced his resignation from the company's board, saying he was stepping down and urging the company to replace him with a black person.

National Football League commissioner Roger Goodell released a recorded video to admit the league was "wrong" for not listening to players who protested against social injustice and police brutality.

Critics have said that Google bundles its ad tools so that rivals can't afford to match its offerings and that its operation of search results, YouTube, Gmail and other services hinder ad competition. Google has argued it has a slew of ad-tech competitors.

Attorney General William Barr says law enforcement officers were already moving to push back protesters from a park in front of the White House when he arrived there Monday evening, and he says he did not give a command to disperse the crowd, though he supported the decision.

California will allow schools, day camps, bars, gyms, campgrounds and professional sports to begin reopening with modifications starting next Friday.

The Fed is expected to assure markets it will keep the stimulus coming, and that should help keep investors betting on an economic rebound.

Trump floated ideas such as a payroll tax cut and stimulus checks, while Democrats want state and local relief and unemployment insurance.

White House health advisor Dr. Anthony Fauci made his comments Friday on CNBC.

"It starts with the systemic racism. Before you can get to help your company, you need to understand some things to make these adjustments," said "Shark Tank" investor Daymond John.

The NBA Hall of Famer and Charlotte Hornets owner said $100 million donation would also assist black people with social justice and greater access to education.

McGuire has held court with several high profile political strategists recently, and and at least one city political power player is working the phones on his behalf.

Kelly, who also served as secretary of Homeland Security in the Trump administration, reiterated the importance of preserving the Department of Defense's apolitical nature.

Markets cheered on Friday as new data showed a surprising decline in unemployment, but black workers have little to celebrate.

Airbus recorded no new orders in May as the company adjusts to the harsh reality of airlines canceling or deferring orders for new planes in a bid to save cash.

Minneapolis agreed Friday to ban chokeholds by police and to require officers to try to stop any other officers they see using improper force.

The Bureau of Labor Statistics reported a 13.3% unemployment rate for May. The real jobless figure likely exceeds 16%.

A Marriott spokeswoman said the U.S. Treasury Department had ordered the company to wind down its operation of the Four Points Sheraton in Havana by Aug.31.

Stocks rallied after a historic and surprising gain in U.S. jobs raised hope the economy is starting to recover from the coronavirus pandemic.

Nonfarm payrolls in May were expected to decrease by 8.333 million while the unemployment rate was seen rising to 19.5%, according to economists surveyed by Dow Jones.

Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney out of bankruptcy should the U.S. department store chain's negotiations with its creditors fail, three people familiar with the matter said on Friday.