May 7, 2020

Tesla’s Musk delays release of Roadster sports car, repeats coronavirus lockdown criticism

Tesla Inc Chief Executive Elon Musk said in a podcast interview released on Thursday that the company’s planned Roadster sports car would take a backseat to […]
May 7, 2020

Wall Street gets PayPal lift as Nasdaq wipes out 2020 declines

Wall Street’s indexes climbed on Thursday, with the Nasdaq erasing losses for 2020, following a clutch of upbeat earnings reports led by PayPal as investors looked […]
May 7, 2020

Uber sees encouraging signs in reopening markets, posts $2.9 billion loss

Uber Technologies Inc said on Thursday it saw encouraging signs in markets hit by the coronavirus epidemic as it posted a 14% rise in revenue growth, […]
May 7, 2020

Michigan governor allows coronavirus-hit manufacturers to reopen on May 11

Michigan Governor Gretchen Whitmer on Thursday said the state’s factories can reopen on May 11, removing one of the last major obstacles to North American automakers […]
May 7, 2020

Exclusive: U.S. companies got emergency government loans despite having months of cash

When American companies recently applied for U.S. government loans meant to help small businesses survive the coronavirus crisis, they had to certify they needed the cash […]
May 7, 2020

‘The government is failing us’: Laid-off Americans struggle in coronavirus crisis

For Claudia Alejandra, unemployment has become a full-time job. Powered by WPeMatico
May 7, 2020

Luxury department store chain Neiman Marcus files for bankruptcy

Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to […]
May 7, 2020

Harley appoints turnaround specialist Jochen Zeitz to revive sales

Harley-Davidson Inc on Thursday appointed board member and turnaround specialist Jochen Zeitz to the role of chief executive officer, as the struggling motorcycle maker looks to […]
May 7, 2020

After the triumph of Animal Crossing, a thin pipeline for Nintendo

The runaway success of Nintendo Co Ltd’s island life simulator Animal Crossing: New Horizons has overshadowed an uncomfortable fact for fans of the Switch console – […]
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