Harley appoints turnaround specialist Jochen Zeitz to revive sales
Harley-Davidson Inc on Thursday appointed board member and turnaround specialist Jochen Zeitz to the role of chief executive officer, as the struggling motorcycle maker looks...
Luxury department store chain Neiman Marcus files for bankruptcy
Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response...
‘The government is failing us’: Laid-off Americans struggle in coronavirus crisis
For Claudia Alejandra, unemployment has become a full-time job....
Wall Street jumps as PayPal outlook, China data fuel recovery hopes
U.S. stocks jumped on Thursday as investors were encouraged by PayPal’s outlook and an unexpected rise in Chinese exports, which raised hopes of an economic...
After the triumph of Animal Crossing, a thin pipeline for Nintendo
The runaway success of Nintendo Co Ltd’s island life simulator Animal Crossing: New Horizons has overshadowed an uncomfortable fact for fans of the Switch console...
Next enters British beauty contest in former Debenhams stores
British clothes retailer Next will open five standalone beauty halls in former Debenhams stores across the country as a first step in its ambition to...
Lufthansa seeking 9 billion euro bailout
Lufthansa on Thursday said it is negotiating a 9 billion euro ($9.71 billion) “stabilisation package” with Germany’s Federal Economic Stabilization Fund, confirming an earlier Reuters...
Twilio shares surge 32% after results crush Wall Street estimates
Twilio Inc shares surged 32% to a record high after the cloud communication provider’s quarterly results and forecast smashed Wall Street estimates on increased demand...
Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs
Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber’s results on Thursday, after Lyft indicated a slow recovery in demand...
U.S. demand for cars expected to rebound while travel, dining lag: ad agency
Consumer demand for cars could begin to recover this month in the United States after steep declines due to the coronavirus pandemic, but the hard-hit...