Tyson Foods temporarily pauses operations at beef facility in Dakota City
Tyson Foods Inc is halting operations at a beef facility in Dakota City, Nebraska until May 4 to complete a deep cleaning of the plant...
U.S. economy faces hard slog back from pandemic, Fed chief says
The head of the Federal Reserve on Wednesday dashed lingering hopes for a fast rebound from the coronavirus pandemic, saying the U.S. economy could feel...
Facebook sees ‘signs of stability’ in ad spending after coronavirus drop
Facebook Inc beat analysts’ estimates for quarterly revenue on Wednesday and said it has seen “signs of stability” for sales in April after a plunge...
VW, Toyota delay U.S. production restart, citing supplier concerns
Volkswagen AG and Toyota Motor Corp said on Wednesday they will delay restarting U.S. production amid the coronavirus pandemic and concerns about the automotive supply...
Microsoft revenue beats as remote work feeds cloud demand, boosts Teams
Microsoft Corp reported quarterly revenue above Wall Street estimates on Wednesday, boosted by higher demand for its cloud platform Azure and collaboration app Teams, and...
Austria says it might demand Lufthansa stake for Austrian Airlines aid
Austria might demand a stake in Lufthansa in exchange for granting emergency aid to the German flag carrier’s unit Austrian Airlines, the country’s conservative chancellor,...
Facebook, beating revenue estimates, sees signs of stability in ad spending
Facebook Inc beat analysts’ estimates for quarterly revenue on Wednesday and said it has seen “signs of stability” for sales in April after a plunge...
Tesla’s profit streak not derailed by coronavirus as auto industry braces for losses
Tesla Inc on Wednesday posted its third quarterly profit in a row, but said the novel coronavirus was hurting deliveries and lockdown restrictions made it...
Qualcomm second-quarter results beat estimates, shares rise
Qualcomm Inc on Wednesday beat Wall Street estimates for quarterly results and forecast current-quarter sales largely in line with expectations even though several other chipmakers...
Exclusive: Chesapeake Energy preparing bankruptcy filing
Chesapeake Energy Corp , the oil and gas exploration and production company that was at the forefront of the past decade’s U.S. shale boom, is...