A Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one, a source tells CNBC's Kayla Tausche.Marketsread more
Bank of America says investors should still look to stocks for value rather than bonds.Investingread more
Check out the companies making headlines in midday trading:Market Insiderread more
"I fear that's what we're headed into" here in America, warns the former Treasury secretary.Economyread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
Kohl's stores are getting a bit of a refresh, and are being infused with new brands, ahead of this holiday season.Retailread more
Online travel company Booking Holdings has dropped out of Facebook's libra, joining a growing list of firms that have exited the embattled cryptocurrency project.Technologyread more
Apple will release the iPhone SE2 early next year for $399, analyst Ming-Chi Kuo says.Tech Driversread more
State polls show that Trump's standing has weakened in some states hurt by the trade war.2020 Electionsread more
Sanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.2020 Electionsread more
White House press secretary Stephanie Grisham said in a Twitter post that while President Trump had not seen the video depicting him going on a bloody rampage in a so-called...Politicsread more
"If you talk to any of the young consumers that really are passionate about the Nike brand, they would all tell you that clearly, there's a symbolism here that's been adopted by a group of folks that they don't want to be associated with," said Mike Jackson, CEO of Motus One and founder of 2050 Marketing.
In 2016, students at a high school in Michigan waved the 13-star flag during a football game, causing the head of the NAACP's local chapter at the time to say that the flag had been "co-opted by exclusionary movements," including groups advocating for racial supremacy.
But Jackson said Nike's decision to pull the shoes was smart and that it should return to the messaging it presented back when it supported Colin Kaepernick's right to protest or when it was encouraging young women to enter the sports field.
"That's consistent with the culture around the Nike brand and positioning," he said. "When you start to stray into using a version of the flag that has different meaning for different people, that's a line you don't want to cross."
Nike found itself embroiled in controversy after releasing sneakers featuring a flag commonly associated with Betsy Ross, but pulled the shoes after Kaepernick, a former NFL football player, said he considered it offensive.
Historians, however, are still not immediately certain of the flag's relationship to white supremacy movements, and many simply see it as a common historical flag.
In a statement to CNBC, Nike said the company decided to stop distributing the shoes "based on concerns that it could unintentionally offend and detract from the nation's patriotic holiday."