Airbnb cuts 1,900 jobs as coronavirus hits home rentals
Airbnb Inc is laying off 25% of its workforce, or nearly 1,300 employees, the home rental startup said on Tuesday, as the COVID-19 pandemic brings...
Gronk, Big Ben favorites for Comeback Player of Year award
Tampa Bay Buccaneers tight end Rob Gronkowski is a trendy favorite to win NFL Comeback Player of the Year honors now that he’s ended his...
Mattel readies Baby Yoda toys for Christmas as factories come back online
Mattel Inc will have a new line of “Baby Yoda” toys ready to hit shelves in time for Christmas, the toymaker said on Tuesday, as...
Wall Street rises as lockdowns ease, healthcare shares jump
Wall Street’s main indexes gained on Tuesday as healthcare stocks rallied, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions...
Breakingviews TV: Debt games
Could President Trump refuse to pay back the $1.1 trln the U.S. owes to China? While markets would hate the idea, it’s theoretically possible thanks...
Republicans demand tax cuts, liability curbs in next U.S. coronavirus bill
U.S. Republicans underscored the need for tax cuts and business liability protections in any new coronavirus legislation on Tuesday, while preventing Democrats from requiring transparency...
Walt Disney misses quarterly profit estimates
Walt Disney Co missed Wall Street expectations for quarterly profit on Tuesday, offering the first assessment of the damage wreaked by the COVID-19 pandemic on...
Harrington accidentally unveils Luke Donald as Ryder Cup vice-captain
Europe captain Padraig Harrington let slip that former world number one Luke Donald is one of his vice-captains at this year’s Ryder Cup during a...
First major city in Brazil declares lockdown as virus spreads
Brazil’s São Luis became the nation’s first major city to begin a coronavirus “lockdown” on Tuesday, a measure that underscores widespread fears that health services...
Beyond Meat suspends 2020 forecast on COVID-19 concerns; posts sales beat
Beyond Meat Inc posted better-than-expected quarterly sales on Tuesday, but suspended its 2020 forecast as the COVID-19 pandemic hit demand for the company’s plant-based meat...