CNBC Business

Tapestry's gross margins grew to 69.8% during the fiscal fourth quarter, up from 66% a year ago. And management said sales online are carrying higher margins than sales in stores.

American could announce route reductions as early as next week and the changes would likely affect small to midsize cities.

Investors rallied behind AMC Entertainment on Thursday, one week ahead of the theater chain's highly anticipated reopening.

LeBron James has teamed up with Upper Deck to sell his game worn sneakers online. For $15,000 to $30,000, individuals or businesses purchase a single shoe, with its match being added to a "wall of shoes" in James' I PROMISE school in Akron, Ohio.

Before the pandemic, only 20% of Brinker International's sales came from takeout and delivery. Now, about half of its sales are off-premise.

Kroger and CVS Health are both pitching Covid-19 testing programs to employers to help them reopen and operate safely as the pandemic continues.

Continued slow activity suggests that Manhattan's real estate and economic troubles could extend well into the fall or beyond.

Stein Mart has filed for bankruptcy and now the retailer is kicking off going-out-of-business sales at all of its stores. Deals are for up to 30% off merchandise.

Democratic vice presidential pick Sen. Kamala Harris blamed President Donald Trump for the severity of the coronavirus outbreak in the United States.

Many small business owners say they are bearing the brunt of costs for coronavirus-related safety measures rather than raising prices to consumers, according to the CNBC|SurveyMonkey Q3 Small Business Survey.

As the automotive and tech sectors have collided in the past decade with the rise of connected, electric and autonomous vehicles, the competitive landscape for top talent has increasingly become more challenging.

Tropical Storm Josephine formed in the Atlantic Ocean on Thursday morning, making it the earliest "J-named" storm in a record-setting hurricane season.

Coach and Kate Spade owner Tapestry reported a narrower-than-expected loss Thursday, as a strong online business helped offset the impact of closed stores during the coronavirus pandemic.

World Health Organization officials are holding a press conference on Thursday to update the public on the coronavirus outbreak that has infected more than 20 million people across the globe.

Hotels and travel booking sites have seen massive declines in business due to the coronavirus, but there are hospitality sector bright spots, including vacation rentals and extended stay properties.

The S&P 500 will attempt to reclaim its record high hit before the coronavirus pandemic.

Musician John Legend and former AOL CEO Tim Armstrong are among the big money backers behind credit.ai, a new fintech banking and credit platform, including its Unicorn Card, designed for millennials distrustful of big banks.

The Sports Broadcasting Act of 1961 sports, part of the United States Code, currently prevents the NFL from airing games on Friday and Saturday from September through December under certain conditions.

Critics of Sweden's controversial coronavirus strategy have called on the country's health officials to put measures in place to prepare for, and prevent, a potential second wave of the virus in the fall.