While the circuit breaker saw some businesses rethinking how they can engage clients, the benefits of an enhanced online browsing experience may be set to stay even though the circuit breaker is over.
The best way to help the economy is either to let zombie companies resurrect themselves through the bankruptcy process or just return to the grave, say business observers.
Men's Wearhouse owner Tailored Brands Inc said on Wednesday it may have to seek bankruptcy protection or discontinue operations, if the COVID-19 crisis continues to pummel sales.
European food ordering firm Just Eat Takeaway.com NV on Wednesday announced a US$7.3 billion deal to buy U.S. food delivery firm Grubhub Inc and create the world's biggest food delivery company outside of China.
Amazon.com Inc said on Wednesday it was implementing a one-year moratorium on the use of its facial recognition software by the police following backlash over the use of racially biased surveillance technology amid ongoing protests in the United States.
Boeing supplier Spirit AeroSystems Holdings Inc announced on Wednesday a 21-day layoff for staff doing production and support work for Boeing's 737 program.
Nikola Corp , a maker of hydrogen-fueled vehicles, is in the process of picking a partner to produce its Badger pickup truck, while also aiming to start deliveries of its electric commercial big rigs next year, founder Trevor Milton said on Wednesday.
Ford Motor Co said on Wednesday it will recall 2.15 million U.S. vehicles with potentially faulty door latches.
WASHINGTON, DC: With the economy still reeling from the damage inflicted by the coronavirus pandemic, the Federal Reserve confirmed on Wednesday (Jun 10) it will keep the benchmark interest rate at zero until the recovery is underway. At the conclusion of its two-day meeting, members of the Fed's ......
Twenty-six drug manufacturers were sued on Wednesday by the attorneys general of most U.S. states and several territories, which accused them of conspiring to reduce competition and drive up generic drug prices.
