The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Airlines continue to delay when they plan to have the planes back again with no sign from regulators on when the planes will be approved again.Airlinesread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
Today's rally clearly indicates that the market is happy for the moment with just a partial deal. But the Dow gave up 200 of its 500-point gain in the final half hour as...Trader Talk with Bob Pisaniread more
Fisher was initially defiant amid the backlash in an interview with Bloomberg, in which he said he had "given a lot of talks, a lot of times, in a lot of places and said stuff...Personal Financeread more
Turkey's invasion of northeastern Syria began Wednesday after Trump ordered U.S. troops to pull back from the area.Politicsread more
SpaceX and Boeing are each in the final stages of developing the spacecraft needed for the U.S. to once again fly astronauts.Investing in Spaceread more
Typhoon Hagibis made landfall south of Tokyo on Saturday evening. By Sunday around 376,000 homes were left without electricity, and 14,000 without running water across Japan....Weather & Natural Disastersread more
While Warren's ad about Facebook isn't true, the company's own policy allows politicians to make such false claims in paid advertising.Politicsread more
California's Tehachapi Pass is already home to one of the largest wind farms in the world, and now Amazon is coming, building a huge wind project in the area. How...Powering the Futureread more
Lumber Liquidators CEO Robert Lynch unexpectedly quit on Thursday, less than a month after the embattled company's chief financial officer also stepped down.
Shares of Lumber Liquidators plunged 17 percent at the open. The stock has lost more than two-thirds of its value since late February. (Get the latest quote here.)
Earlier this month the company said it was halting sales of all its Chinese laminate flooring effective immediately. The move came in the face of dozens of lawsuits over the safety of the products, as well as looming criminal charges concerning foreign sourcing.
Lumber Liquidators has been under fire since early March, when the CBS News program "60 Minutes" aired a report saying the Chinese laminate flooring contained high levels of formaldehyde, a known carcinogen.
The company's insurers are now balking at covering it over customers' claims.
Whitney Tilson, the prominent money manager who first brought the story to the CBS program, has been prominently shorting the stock. Tilson said Thursday he was "shocked" by Lynch's departure. He added that he was not adding to his bet against the company but was "comfortable keeping it as my largest short."
Thomas Sullivan, the company's founder, will serve as the acting CEO while the company conducts a search for Lynch's replacement.
Lumber Liquidators also said John Presley, its lead independent director, has been appointed as non-executive chairman of the board of directors. Both appointments are effective immediately.
Lynch's departure comes about three weeks after the company said CFO Daniel Terrell would leave in June.
—With reporting by CNBC's Scott Cohn and Scott Wapner