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 […]
April 19, 2020

U.S. banks seek term changes as Fed finalizes Main Street Lending Program

U.S. banks are pushing the Federal Reserve to change the terms of a $600 billion lending program for small and medium-sized businesses, including reducing minimum loan […]
April 18, 2020

Exclusive: Amazon deploys thermal cameras at warehouses to scan for fevers faster

Amazon.com Inc has started to use thermal cameras at its warehouses to speed up screening for feverish workers who could be infected with the coronavirus, employees […]
April 18, 2020

Beer may lose its fizz as CO2 supplies go flat during pandemic

Dwindling supplies of carbon dioxide from ethanol plants is sparking concern about shortages of beer, soda and seltzer water – essentials for many quarantined Americans. Powered […]
April 18, 2020

Walmart to hire 50,000 more workers in coronavirus-driven hiring spree

Walmart Inc said on Friday it would hire 50,000 more workers at its stores, clubs and distribution centers to meet a surge in demand for groceries […]
April 17, 2020

U.S. judge puts Amazon challenge to Pentagon JEDI contract on hold

A U.S. judge on Friday put on hold a suit by Amazon.com Inc challenging the Pentagon’s decision to award a $10 billion contract to Microsoft Corp […]
April 17, 2020

Occidental shareholders get first say on Anadarko deal with vote on Berkshire financing

Occidental Petroleum shareholders next month will get their first say on the oil company’s troubled acquisition of Anadarko Petroleum when they vote on issuing shares and […]
April 17, 2020

Exclusive: Norwegian Cruise taps Goldman Sachs to explore stake sale – sources

Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in […]
April 17, 2020

Main Street bailout rewards U.S. restaurant chains, firms in rural states

Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after coronavirus lockdowns. Powered by WPeMatico
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