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 to cut jobs during the coronavirus pandemic.
Nike Inc said on Thursday store closures in North America will hurt its retail and wholesales businesses in the fourth quarter.
LOS ANGELES: 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 statement said on Thursday (May 14), removing one of the company's hurdles to reopening its popular theme parks. The ...
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 statement said on Thursday, removing one of the company's hurdles to reopening its popular theme parks.
One Thursday morning seven weeks ago, Federal Reserve Chair Jerome Powell made a rare appearance on NBC's "Today Show" to offer a reassuring message to Americans dealing with economic fallout from measures to contain the coronavirus outbreak.
The United States condemned on Thursday attempts by "cyber actors and non-traditional collectors affiliated" with China to steal U.S. intellectual property and data related to coronavirus research, U.S. Secretary of State Mike Pompeo said in a statement.
A near decade-long battle to clear his name has ended in victory, but the star rainmaker credited with playing a pivotal role in saving one of Britain's biggest banks from a government bailout in 2008 is still waiting to put his life back on track.
Goldman Sachs Group Inc plans to buy a boutique wealth management custodian and technology company called Folio Financial Inc for an undisclosed amount of money, according to a letter that Folio sent to its customers on Thursday and was viewed by Reuters.
Most of Ford Motor Co's U.S. dealers received payroll protection loans from the U.S. government amid the coronavirus pandemic, the automaker's chief operating officer said on Thursday.
The coronavirus crisis led to dramatic changes in Americans' finances as millions of workers faced layoffs or other cutbacks in their jobs, with low-wage workers taking the biggest hit, according to a report released by the Federal Reserve on Thursday.
