CNBC Business

"We have never shipped so many PCs and it was really driven by the demand we see for people working from home and learning from home," HP CEO Enrique Lores said.

Joe Biden's running mate, Kamala Harris, unloaded on President Donald Trump for his response to the coronavirus. More than 180,000 Americans have died so far from Covid-19.

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

"If you know your fellow passengers don't have the virus, you'd be a lot more willing to fly or book a cruise," the "Mad Money" host said.

Gap said Thursday when it reported quarterly earnings that it brought in $130 million in sales during the latest period for its face masks. That includes sales to individuals and to businesses.

Analysts and industry watchers say TikTok fits into Walmart's broader strategy to expand its reach with customers, collect valuable consumer data and amp up its e-commerce business to fend off Amazon.

Trump plans to use his speech at the Republican National Convention to announce the deal, a White House official said.

Walmart said TikTok's integration of e-commerce and advertising "is a clear benefit to creators and users in those markets."

Gap Inc. said Thursday its total sales tumbled 18% during the latest quarter, as e-commerce revenue surged 95% from a year ago, but those gains were offset by a 48% drop in store sales during the coronavirus pandemic.

"People really missed the cinemas and wanted to go back into the big screen,"Cineworld CEO Mooky Greidinger told CNBC.

Take a look at the stocks making headlines in midday trading.

"Retail is obviously struggling," Related Cos. Chief Executive Jeff Blau told CNBC's "Squawk Box" on Thursday morning.

United Airlines said on Thursday it will need to cut 2,850 pilot jobs between Oct. 1 and Nov. 30 if the government does not extend an aid package to help airlines cover employee payroll for another six months while they weather the coronavirus pandemic.

"As long as you can reduce fixed costs, this shift to digital can be profitable," Abercrombie & Fitch CFO Scott Lipesky said in a phone interview.

"Everyone who wants a test does not necessarily need a test," CDC Director Dr. Robert Redfield said in a statement late Wednesday.

All three NBA playoff games scheduled for Wednesday also have been postponed, with players choosing to boycott in their strongest statement yet against racial injustice.

Although many perils are covered under the standard part of your homeowners insurance policy, some weather-related events qualify for coverage differently — and some may not be covered at all.

"The frustration that the players feel is something that's felt broadly among the ownership group, too. We want to see change," Sacramento Kings co-owner Chris Kelly told CNBC.

White House senior advisor Jared Kushner said Thursday that the NBA players refusing to play in protest of a recent police shooting are lucky to be rich enough to be "able to take a night off from work."

Abbott Laboratories said on Wednesday it won U.S. marketing authorization for a Covid-19 portable antigen test that can deliver results within 15 minutes and will sell for $5. CEO Robert B. Ford explains how it is a gamechanger.