April 20, 2020

Burger chain Shake Shack to return $10 million government loan

Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain’s chief executive said on Monday, making it the […]
April 20, 2020

Ray-Ban maker EssilorLuxottica to scrap dividend, eyes cost cuts

Oakley and Ray-Ban maker EssilorLuxottica said on Monday it would scrap its dividend and might also consider cost cuts as the coronavirus pandemic chokes its business. […]
April 20, 2020

Asia shares turn cautious, U.S. crude crushed

Caution gripped Asian share markets on Monday amid expectations a busy week of corporate earnings reports and economic data will drive home the damage done by […]
April 19, 2020

Coronavirus relief deal for U.S. small businesses may come Monday: Trump

U.S. Democrats and Republicans are near agreement on approving extra money to help small businesses hurt by the coronavirus pandemic and could seal a deal as […]
April 19, 2020

Oil drops further, U.S. futures at lows not seen since 2001

Crude oil futures fell in electronic trading on Sunday evening, with U.S. futures touching levels not seen since November 2001, extending last week’s weakness on the […]
April 19, 2020

Wynn Resorts CEO calls for Las Vegas Strip to conditionally reopen in mid- to late May

Wynn Resorts Chief Executive Officer Matt Maddox on Sunday called on the Nevada governor to begin to reopen the Las Vegas Strip in mid- to late […]
April 19, 2020

Stock market gains alongside economic pain; some worry about over-optimism

The U.S. stock market has rebounded swiftly despite a raft of terrible economic news, driven by a massive boost from the Federal Reserve, hopes of a […]
April 19, 2020

Amazon to extend French warehouse closures after union dispute

Amazon will keep its six warehouses in France closed until at least April 22 after a stand-off with unions over sanitary conditions amid the coronavirus outbreak, […]
April 19, 2020

Exclusive: Neiman Marcus to file for bankruptcy as soon as this week – sources

Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the […]
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