CNBC Business

Despite the massive squeezes, GameStop short sellers are doubling down on their bearish bets.

The conglomerate has paid down its debt during the pandemic and cut costs, including through layoffs in its aviation business.

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

A champion of social justice and financial literacy, football veteran Michael Thomas has been nominated for this year's Walter Payton NFL Man of the Year award.

Houston-based Axiom Space unveiled that real estate investor Larry Connor and Canadian investor Mark Pathy will launch on its mission with SpaceX next year.

Elon Musk's SpaceX and Jeff Bezos' Amazon are sparring in front of the FCC over the satellite internet projects Starlink and Project Kuiper.

SPAC Powered Brands priced earlier this month, with the goal of creating a global conglomerate made up of sustainable and digitally focused beauty brands.

Britain has been hit particularly hard by the pandemic that emerged in the country almost a year ago.

Also on Tuesday, Jefferies raised its 12-month price target on Etsy to a Street high of $245 per share.

"We see the demand, the need, from front-line health care workers and first responders. That's still our priority," 3M Chairman and CEO Mike Roman told CNBC.

FedEx Ground CEO Henry Maier is set to retire after 35 years with FedEx and will be replaced with FedEx Freight CEO John Smith, the company said.

San Francisco-based Fast announced its $102 million funding round on Tuesday, led by Stripe and other investors.

Cici's has filed for Chapter 11 bankruptcy and announced its sale to D&G Investors, its primary lender.

Mexican and Caribbean beach resorts scramble for Covid tests as new U.S. travel requirements take effect.

Tilray's products will treat patients with neuropathic pain, epilepsy and multiple sclerosis who aren't getting relief from existing treatments.

"When I look at GE, I'm thinking 'Houdini,' miraculous, incredible," CNBC's Jim Cramer said. He's also encouraged by Raytheon's quarter.

Beyond Meat and PepsiCo announced Tuesday that they've formed a joint venture to create, produce and market snacks and drinks with plant-based substitutes.

Some state officials want to raise taxes on the wealthy to plug Covid-era budget gaps. The policy meshes with an unequal pandemic recovery, economists say.

The mass rollout of safe and effective coronavirus vaccines is thought to be the biggest logistical challenge the world has ever seen.

Major League Baseball could use its permissions around sports gambling to entice offers for its Monday and Wednesday package.