A surge in Uber's food delivery business was unable to counteract a 75 per drop in global ride-sharing, dragging the company's overall revenues down 29 per ...
Uber narrowed losses, and saw a spike in demand for its food delivery *service* during the second quarter. However, the company's core ride-sharing business ...
Uber Freight's revenue rose strongly in the second quarter of 2020 compared to last year while its negative earnings before interest, taxes, depreciation and ...
Uber reported its second-quarter earnings Thursday, and buried in the blizzard of less-than-rosy numbers is a stunning figure that illustrates how much the ...
California Superior Court Judge Ethan P. Schulman heard arguments from Uber and Lyft, as well as lawyers representing the people of California, regarding the ...
In a hearing in San Francisco Superior Court, the companies said the classification would irreparably undermine their business models, with Lyft's lawyer Rohit ...
(Reuters) - California and three of its largest cities urged a state judge on Thursday to issue a preliminary injunction requiring Uber Technologies Inc and Lyft Inc ...
A judge said Thursday he would probably decide “within a matter of days, not weeks,” whether he will order Uber Technologies Inc. and Lyft Inc. to immediately ...
The last time the weekly claims number was this low was March 14, just as the coronavirus hit pandemic status and the U.S. economy came to a standstill in an ...
The number of jobless claims declined by 249000 from the previous week, after rising for two straight weeks, and it was the lowest total since mid-March.
In recent weeks the recovery from America's jobs crisis seemed to have hit a roadblock, but last week's claims for first-time unemployment benefits fell more than ...
Capital One has agreed to pay $80 million to settle federal charges over a 2019 hack of its computer systems that was one of the largest financial data breaches ...
New York (CNN Business) The US government and Federal Reserve on Thursday took action against Capital One in response to the bank's massive 2019 data ...
Capital One has been fined $80 million by a Treasury Department bureau in connection to a 2019 breach that led to the data of around 100 million current and ...
A top banking regulator has fined Capital One $80 million over a data breach last year that exposed the personal information of more than 100 million people.
Dow Jones futures: Apple and other tech giants pushed the Nasdaq to a high, but sell-offs in Fastly and Datadog signal clouds for the stock market rally.
A golden cross has formed in the Dow Jones Industrial Average, more than five months after a bearish chart pattern materialized in the aftermath of the...
Technology stocks rallied with risk-oriented assets after US jobs data printed better-than-expected figures. AUD/USD is trading at a key cross-section ahead of ...
London (CNN Business) Demand for air travel will not fully recover until 2024 "at the earliest," Lufthansa said on Thursday as it unveiled a record quarterly loss ...
Lufthansa put German workers on notice of compulsory lay-offs on Thursday, saying tumbling air travel and slow progress in union negotiations meant cuts were ...
Lufthansa Group will not rush into a disposal of assets, but expects to focus more on its core operations as it progresses towards recovery from the air transport ...
Lufthansa does not expect air travel demand to return to pre-coronavirus crisis levels until at least 2024, as the German airline posted a 1.7 billion euro ($2 ...
Gilead said it plans to produce more than 2 million treatment courses of the drug by the end of the year and anticipates being able to make "several million more" ...
Gilead Sciences said on Thursday that the drug company has gone into hyperdrive creating the antiviral drug remdesivir, the first treatment shown to be effective ...
Utah Attorney General Sean D. Reyes joined a bipartisan multistate coalition in sending a letter request to U. S. Health and Human Services (HHS), the National ...
The benevolent corporate overlords who decide who lives and dies have generously revealed how much it'll cost to get a five-day supply of Remdesivir, a drug ...
Caesars Entertainment Inc.'s CEO expects to see a strong recovery in the local convention industry. Group business has taken a major hit since onset of the ...
Washington (CNN) Georgie Lou's Retro Candy store is one of 5 million small businesses that received an emergency loan from the federal government's ...
As Congress debates a series of sweeping stimulus measures to boost the economy during the pandemic, a multitiered forgiveness process for Paycheck ...
Many small business owners who participated in the federal Paycheck Protection Program might be ready and able to apply to have their loans forgiven soon ...
Senate Majority Leader Mitch McConnell (R-Ky.) said Thursday that the Paycheck Protection Program “desperately needs to be renewed,” though Congress ...
Moderna, the first pharmaceutical firm to conduct human trials of a coronavirus vaccine in the U.S., is charging as much as $37 per dose for its experimental ...
Cadillac has been making automobiles for well over a century but on Thursday evening the carmaker unveiled its first vehicle produced that lacks an internal ...
Your author has already seen it, back in March, and has had to wait until today to show you the new Cadillac Lyriq electric luxury crossover. We were excited ...
GM unveiled the Cadillac Lyriq crossover Thursday night as the “next chapter” of the American luxury brand and a “technology spearhead” for the automaker.
The government reported on Thursday that nearly 1.2 million workers filed new claims for state unemployment benefits last week. It was the lowest weekly total ...
There are quite a few more new stories than normal about mortgage rates today. Most of them are wrong. This one is not, and it's pretty easy to see why. Freddie ...
If it seems like you keep hearing about mortgage rates hitting yet another record low, that's because you are. The 30-year mortgage rate just hit its eighth record ...
While often overlooked, a 20-year mortgage can provide significant advantages. Check out today's 20-year mortgage rates and find out if it's the right term for ...
Second quarter revenue grew 68% year-over-year to $140 millionStrong growth of larger customers, with 1015 $100k+ ARR customers, up from 594 a year ...
Second quarter 2020 revenue was $266 million, 35% lower than the $412 million reported in the second quarter of 2019.Adjusted EBITDA1 in the second ...
Alteryx, Inc. (NYSE: AYX), a leader in analytic process automation (APA), today announced financial results for its second quarter ended June 30, 2020.
Hasbro says it is pulling a Trolls doll from store shelves after a petition with over 150000 signatures accused the toymaker of promoting child abuse by placing a ...
Toymaker Hasbro said Wednesday that it's in the process of removing the “Trolls World Tour Giggle and Sing Poppy” from the market amid complaints it ...
DreamWorks' Trolls franchise has quickly become an immensely popular property for young audiences, between its hit original music written and performed by ...
From Best Products. That box of mac 'n cheese in your cabinet is about to look so boring, because there are new Cheetos Mac 'n Cheese boxes that are bursting ...
Novavax soared the day after it released data on the first human trial of its Covid-19 vaccine, the stock is soaring and analysts say that the data looks ...
Novavax, Inc (NASDAQ: NVAX) disclosed Wednesday it had entered into an agreement with the Serum Institute of India Private Limited for development, ...
Uber Technologies Inc. generated more revenue from delivering food than transporting people for the first time last quarter, but it failed to offset a steep and ...
Norwegian Cruise Line Holdings Ltd reported a bigger-than-expected quarterly loss on Thursday as travel curbs and no-sail orders due to the COVID-19 ...
The Bank of England has held interest rates steady and maintained its existing level of asset purchases, but warned it is anticipating a slower economic recovery ...
The Governor of the Bank of England has backed the government's decision to end its furlough scheme in October. Andrew Bailey told the BBC it was important ...
Aug 6, 2020. Virginia Launches Covidwise App. RICHMOND, Va. (AP)- Virginia has rolled out a smartphone app to automatically notify people if they might have ...
The Virginia Department of Health has rolled out an app that notifies users if they've come into contact with a Covid-positive individual. COVIDWISE will help ...
No mask? No flight. Alaska Airlines has intensified its mask mandate as the coronavirus pandemic continues, requiring all passengers over the age of 2 to wear ...
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Trump administration officials have urged the president to delist Chinese companies that trade on U.S. exchanges and fail to meet U.S. auditing requirements by ...
The Trump administration has issued its recommendations to ban Chinese companies that do not comply with US accounting standards from listing on American ...
(Bloomberg) -- A high-powered group of U.S. regulators said stock exchanges should set new rules that could trigger the delisting of Chinese companies, ...
ViacomCBS plans to launch a new premium streaming *service* next year, which will feature original *content* from CBS All Access and Showtime. A "super-sized" ...
ViacomCBS' international unit will in 2021 launch a premium subscription streaming *service* in key markets, including Australia and Latin America, ...
ViacomCBS reported domestic streaming and digital video sales – which includes streaming subscription and digital video advertising revenue – rose to $489 ...
Police have confirmed an armed suspect who robbed a liquor store that triggered a lockdown at all Ford buildings at the Rouge site in Dearborn has been ...
Whether it's in eastern Washington or elsewhere, a go-to cleaning product for millions of households across the country will struggle to stay on shelves.
Good teachers make learning sweet, inspiring Krispy Kreme to treat educators with free food next week. Continue Reading Below. The upcoming school year ...
Teachers always deserve our appreciation, and this school year, with its particular challenges, they do more than ever. So how to show it? There's always the ...
NEW YORK (Reuters) - Global equity markets slipped and bond yields fell on Thursday as investors awaited an agreement on a U.S. aid package to mitigate the ...
Livongo's stellar Q2/2020 results are overshadowed by the announced Livongo/Teladoc merger. Livongo shareholders are seemingly getting a bad deal, and ...
The merger of Livongo and Teladoc, two of the largest publicly traded companies in digital health, came together in less than three months and played out ...
NBCUniversal has reorganized its entertainment unit and shuffled its executive ranks as part of a consolidation effort aimed at better positioning the company for ...
Less than a week after an investigation was launched into claims of his toxic behavior, NBC Entertainment chairman Paul Telegdy is leaving the company.
T-Mobile claims that it now has more customers than AT&T — at least, depending on how you count them. In its second quarter earnings report, T-Mobile ...
T-Mobile has surpassed AT&T to become the second largest carrier in the U.S. The company reported strong fiscal first quarter earnings and added 1.25 million ...
T-Mobile US Inc. undefined shares surged in the extended session Thursday after the wireless provider said it surpassed AT&T Inc. undefined in number of...
Following the Cruise Lines International Association extension of the no sail through October 31, 2020, Royal Caribbean has updated when they expect their ...
The Cruise Lines International Association (CLIA) on Wednesday voluntarily suspended U.S. cruise operations until at least Oct. 31. This marks the third time the ...
In the wake of Royal Caribbean suspending all of its cruises for many months to come, the cruise line offers guests more flexible cancellation terms under the ...
Carnival said it will voluntarily extend its coronvairus-related hiatus on voyages from the Port of Charleston and other U.S. destinations through at least Oct. 31, ...
The news landed just after 9 p.m. U.S. Pacific time: the investment chief at California's massive state pension fund was abruptly stepping down. Before dawn the ...
Ben Meng, the investment chief of the $400bn Californian employee pension fund, has resigned days after a blog published allegations that he had made ...
A new report from the CDC that looked at 15 adults who drank hand sanitizer found to contain methanol spells out the consequences of this in clear terms: 4 ...
People are getting sick and even dying after drinking hand sanitizer -- which more people have around their homes in the days of the coronavirus pandemic, the ...
Fifteen adults have been poisoned after drinking hand sanitizer that contained methanol, the Centers for Disease Control and Prevention reported Wednesday.
The U.S. Centers for Disease Control and prevention released a study Wednesday that revealed a total of 15 people have been hospitalized due to ingesting ...
(Bloomberg) -- Turkey's lira tumbled to its lowest level against the dollar as interventions by state banks failed to keep a lid on the currency's depreciation.At the ...
ISTANBUL/LONDON (Reuters) - Turkish central bank head Murat Uysal has stuck to the rate-cutting script since President Tayyip Erdogan hired him to lift Turkey ...
Intercontinental Exchange, the owner of the New York Stock Exchange, said it would acquire mortgage-software firm Ellie Mae, a landmark bet by the exchange ...
