Air France-KLM on Thursday announced a second-quarter loss of 2.6 billion euros ($3.1 billion), thanks to grounded flights during the virus pandemic, adding that the twin airlines must "significantly reduce" the workforce.
The United States announced sanctions Thursday against Havin Bank LTD, a London-based Cuban entity also known as Havana International Bank, dealing a blow to the Cuban financial system.
Juul Labs Inc said on Thursday it submitted an application to the U.S. Food and Drug Administration that would allow it to keep selling e-cigarettes, which face heightened scrutiny over a surge in teenage vaping.
As the clock ticks toward the U.S. presidential election in November, state election officials are devoting more time - and money - to educating voters about the dangers of disinformation while reassuring them that the system is fundamentally sound.
Revenue at Maybelline maker L'Oreal fell sharply in the second quarter even as online sales surged during lockdowns to fight the COVID-19 pandemic, though the French beauty group managed to contain any major erosion of profit margins.
Public health researchers at New York University are launching a coronavirus safety training for ride-hail workers at a time when many Uber and Lyft drivers are expected to return to the road as federal unemployment benefits expire.
The COVID-19 pandemic has complicated merger and acquisition deal making, as social-distancing and restrictions on travel have made it harder for top executives to meet face-to-face, the head of Intercontinental Exchange Inc said on Thursday.
United Airlines has told its pilots it may need to furlough more than originally planned this year and next due to the impact of a recent increase in COVID-19 cases on its business, a memo reviewed by Reuters showed.
Exxon Mobil Corp is preparing deep spending and job cuts, according to people familiar with the matter, as it fights to preserve a 8per cent shareholder dividend with a multi-billion-dollar quarterly loss looming.
Exxon Mobil Corp is preparing deep spending and job cuts, according to people familiar with the matter, as it fights to preserve a 8per cent shareholder dividend with a multi-billion-dollar quarterly loss looming.
