WeWork reports higher free cash flow in first quarter: CFO email
The We Company, owner of WeWork, said on Thursday that for the first time quarterly revenue surpassed $1 billion and free cash flow increased 60%...
Nike warns of fourth-quarter hit from virus-related store closures
Nike Inc said on Thursday store closures across the globe will hurt its retail and wholesales businesses in the fourth quarter, even as it ramps...
GM self-driving unit Cruise cuts jobs as pandemic hits sector
General Motors Co’s self-driving car unit Cruise told staff on Thursday it has decided to lay off workers, the latest start-up in the nascent industry...
Nike warns of fourth-quarter impact in North America business
Nike Inc said on Thursday store closures in North America will hurt its retail and wholesales businesses in the fourth quarter....
Trump says he doesn’t want to talk to Xi right now, could even cut China ties
U.S. President Donald Trump signaled a further deterioration of his relationship with China over the novel coronavirus, saying he has no interest in speaking to...
Equities edge higher, bonds rise on hopes of stimulus
Global equity benchmarks gained late on Thursday, with safe-haven bonds also rising as investors shrugged off disappointing U.S. jobs data and took comfort in the...
Wall Street closes with strong gains as recovery hopes offset pandemic fears
Wall Street surged on Thursday as investors weighed the prospect of economic recovery against bellicose remarks from President Donald Trump regarding U.S.-China trade and a...
Walt Disney World and unions agree on safeguards for returning to work
Walt Disney Co and unions representing workers at Florida’s Walt Disney World have reached an agreement on safeguards to protect employees from coronavirus, a union...
Disney reaches deal with Walt Disney World unions on safeguards for returning to work
Walt Disney Co and unions representing workers at Florida’s Walt Disney World have reached an agreement on safeguards to protect employees from coronavirus, a union...
Your small business and COVID-19 questions, answered
Small businesses are among the hardest hit as the coronavirus pandemic continues to cause economic uncertainty in communities across the United States....