May 12, 2020

Stocks falter as anxiety grows over second coronavirus wave

Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first […]
May 12, 2020

Hyatt to restructure and lay off 1,300 employees

Hyatt Hotels Corp said late Monday it would restructure roles and lay off employees across its operations worldwide, which would impact about 1,300 staff, amid a […]
May 12, 2020

Potbelly settlement with activists includes twist: stock, not cash, for outlays

Sandwich maker Potbelly Corp on Monday promised to reimburse activist shareholders’ expenses with stock not cash, creating a situation that lawyers call an outlier for now […]
May 12, 2020

Montana judge upholds ruling that canceled Keystone XL pipeline permit

A federal judge in Montana on Monday upheld his ruling last month that canceled an environmental permit for the long-delayed Keystone XL oil pipeline and threatened […]
May 12, 2020

Logitech sales rise nearly 14% as work from home boosts demand

Logitech International reported a 13.6% rise in fourth-quarter sales on Tuesday, as more people used its products while working from home due to the coronavirus crisis. […]
May 11, 2020

Tesla’s Musk says ready for arrest as he reopens California plant against local order

Tesla Inc Chief Executive Elon Musk on Monday said production was resuming at the automaker’s sole U.S. vehicle factory, in California, defying an order to stay […]
May 11, 2020

Bitcoin goes through third ‘halving’, falls vs U.S. dollar

Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the […]
May 11, 2020

Trump ‘not interested’ in reopening U.S.-China trade deal after report of Beijing discontent

U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers in […]
May 11, 2020

United to notify flyers about full flights after social media backlash

United Airlines Holdings Inc said on Monday that starting next week it will notify passengers ahead of time if their flight is expected to be “closer […]
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