Category: Business

A Delaware judge has denied a request by attorneys for Tesla shareholders to pursue a lawsuit seeking to prevent CEO…

One in three of the small businesses that have shut down since the coronavirus pandemic hit don’t expect to ever…

A surge in Target Corp’s (TGT.N) online sales due to panic buying during the coronavirus crisis helped the big-box retailer…

Google has pledged to stop building customized artificial intelligence (AI) tools that help oil and gas firms to extract fossil fuels…

Apparel retailer Urban Outfitters Inc (URBN.O) on Tuesday projected a 60% decline in same-store sales in the second quarter due…

EasyJet announced on Tuesday that it has suffered a major cyber attack from a “highly sophisticated” source. The budget European…

Johnson & Johnson said Tuesday that it is discontinuing its talc-based baby powder in the United States and Canada as demand…

Kohl’s Corp (KSS.N) said the coronavirus crisis would have a material impact on results this year as it removed eight…

Lufthansa is bracing for hundreds of aircraft to remain grounded due to the coronavirus pandemic well into 2022 and that…

Five McDonald’s (MCD.N) workers in Chicago filed a class action lawsuit against the chain on Tuesday, accusing it of failing…

Facebook Inc (FB.O) is launching Shops, a service that will allow businesses to display and sell products on the world’s…

Mitsubishi Motors Corp (7211.T) will focus on cutting fixed costs by 20% or more in the next two years after…

Walmart Inc’s (WMT.N) first-quarter U.S. comparable sales rose 10% and the retailer reported a 74% rise in online revenue on…

SoftBank Founder and CEO Masayoshi Son said Monday he was “foolish” for his firm’s multibillion investment in WeWork. His comment in an…

SoftBank is selling part of its stake in T-Mobile through a secondary offering, CNBC’s David Faber reported Monday. Morgan Stanley and Goldman Sachs will underwrite the…

Uber Technologies Inc (UBER.N) will concentrate on its core businesses in ride-hailing and food delivery and cut 23% of its…

Ryanair is negotiating pay cuts, unpaid leave and up to 3,000 job losses with its employees and trade unions, as coronavirus…

Since Covid-19 shelter-in-place orders came into effect in the U.S. in mid-March, the workforce has undergone a complete transformation. Remote work has…

The U.S. auto industry is slowly returning to life, with vehicle assembly plants scheduled to reopen on Monday and suppliers…

Emirates Group is planning to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, which will bring down…

Uber will from Monday require all riders and drivers to wear face masks or coverings before embarking on a journey,…

A piece of J.C. Penney’s proposal to emerge from bankruptcy includes spinning its real estate into a publicly traded real estate…

A California state panel on Friday rejected a request from Elon Musk’s SpaceX for $655,500 in state job and training…

J.C. Penney Co Inc filed for bankruptcy protection on Friday with plans to permanently close some stores and also explore…

The Boring Company, Elon Musk’s underground transportation project, has completed work on a second tunnel in Las Vegas. Musk, who…

Fitbit, which makes wearable devices including fitness-trackers, is shifting its supply chain to make emergency-use ventilators, CEO James Park told…

Shark Tank” investor Mark Cuban believes the market is overvalued as coronavirus induced uncertainty over consumer spending persists. The Missing…

One trader bought 250,000 barrels of oil and secured a rare payout at a time when oil prices turned negative,…

Walt Disney Co (DIS.N) and unions representing workers at Florida’s Walt Disney World have reached an agreement on safeguards to…

Qatar Airways has said it will give away 100,000 free tickets to the front-line healthcare professionals to commend them for…