AMC Theatres furloughs CEO, corporate employees due to virus
AMC Entertainment Holdings Inc , the world’s largest theater operator, has placed its chief executive and all of its corporate employees on furlough to preserve...
SoftBank Group’s share rally ends after Moody’s downgrade
SoftBank Group Corp’s shares fell 8% in early trade on Thursday, ending a 55% rally in the stock, after Moody’s downgraded the tech conglomerate’s debt...
Airlines turn to cargo for revenue as U.S. Senate nears industry aid vote
Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S....
Home-bound users fume as video apps do not sync with TVs
Kat Volpe laid out an exercise mat and tried to sync her iPhone with her big screen TV for a fitness class webcast on Instagram...
Coronavirus-stricken U.S. companies pop poison pills
More U.S. companies are rushing to adopt so-called poison pills, dusting off a nearly 40-year-old takeover defense tool to ward off hostile bidders and activist...
S&P 500 rallies for second day as investors await $2 trillion aid package
The S&P 500 rallied for a second straight session on Wednesday as the U.S. Senate appeared near a vote on a $2 trillion package to...
Exclusive: Amazon pauses sellers’ loan repayments amid coronavirus
Amazon.com Inc on Wednesday said it temporarily would not require sellers in its marketplace to repay loans it had made to them, as merchants confront...
S&P 500 rallies for second day as investors await economic aid package
The S&P 500 rallied for a second straight session on Wednesday as the U.S. Senate appeared to near a vote on a $2 trillion package...
Oil prices settle higher on stimulus package, fuel demand sinks
U.S. crude prices settled higher on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, even as government data showed the coronavirus...
Computer chip makers seek U.S. permission to work during pandemic
A group representing major United States semiconductor companies on Wednesday said it was working with federal officials to make clear to state and local officials...