CNBC Business

Shares of Nikola dropped 14.9% in heavy trading Tuesday after an insider lockup period expired on up to 166 million shares of the electric truck start-up.

With roughly 360.9 million shares of company stock outstanding, Milton is by far Nikola's largest single shareholder.

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

The retail trade group expects 2020 holiday sales to rise by between 3.6% and 5.2% year over year, as Americans spend less on travel and dining out.

For Shake Shack, the coronavirus pandemic provide some opportunities to fuel its long-term expansion, according to CEO Randy Garutti.

If enough people get immunized, the U.S. pandemic could be under control in the second half of 2021, the Trump administration's Covid vaccine chief said.

A Centers for Disease Control and Prevention panel is voting on who will be first in line to get the coronavirus vaccine.

"It's really, hopefully, going to be the beginning of the end," OhioHealth CEO Dr. Stephen Markovich told CNBC.

Hahn intended to give Meadows "an update on where things stand" with vaccines and therapies for Covid-19, a senior administration official told CNBC.

As retailers look to prevent crowded stores during the pandemic, the holiday shopping season has grown longer.

Nonprofits helping those directly impacted by the coronavirus crisis could get an unprecedented bump on Giving Tuesday.

Amazon Web Services announced on Tuesday that Boom Supersonic is going 'all-in' as a cloud-computing customer.

General Motors and Nikola announced a reworked, smaller agreement that abandons plans to build Nikola's Badger pickup truck for consumers.

Airbnb said it expects to price between $44 and $50 per share.

The electric vehicle maker will be the largest company ever to be added to the S&P 500.

If authorization is granted, it could enable use of the vaccine in Europe this month, BioNTech said.

The economic outlook on Main Street has dipped, but it's the election more than Covid-19 causing the small business pessimism, CNBC|SurveyMonkey data reveals.

As he started to think about plans for his advisory firm in 2021, Dennis Morton of Morton Brown Family Wealth wrote down five lessons he learned this year.

The Dow is set to soar Tuesday, setting up Wall Street to start December with a strong rally after the best month for blue chips since 1987.

Germany was widely seen as a poster-child for its approach to tackling the coronavirus in the spring, but its second wave is proving more deadly.