Apollo Leads Deal to Provide Trucking Firm Yellow With Bankruptcy Loan
Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash
2023-08-02 00:55
Pfizer 2Q numbers tumble and COVID-19 vaccine, treatment sales dry up
Crumbling COVID-19 vaccine and treatment sales chopped Pfizer’s second-quarter earnings, but both the drugmaker and Wall Street expect a rebound in the back half of 2023
2023-08-02 00:49
JetBlue warns of a possible 3Q loss as it ends a deal with American and faces flight disruptions
JetBlue shares are losing altitude as the airline warns that third-quarter and full-year results will be worse than it had previously expected
2023-08-01 23:15
Ford restarts electric pickup truck factory after retooling to increase output, says orders are up
Ford is resuming production of the F-150 Lightning electric pickup after closing a factory in Dearborn, Michigan, for six weeks to triple production capacity
2023-08-01 23:00
Job openings fall to lowest level in 2 years as demand for workers cools
U.S. employers posted fewer jobs in June, a sign that the red-hot demand for workers that has been a key feature of the post-pandemic economy is cooling a bit
2023-08-01 22:56
Thermo Fisher Scientific settles with family of Henrietta Lacks, whose HeLa cells uphold medicine
The family of Henrietta Lacks is settling a lawsuit against a biotechnology company it accuses of improperly profiting from her cells
2023-08-01 22:29
Overstock officially launches Bed Bath & Beyond domain online in US
Overstock has officially relaunched Bed & Bath & Beyond site online Tuesday in the U.S., after acquiring the bankrupt retail chain’s intellectual property assets for $21.5 million
2023-08-01 21:54
GM recalls nearly 900 vehicles with Takata air bag inflators, blames manufacturing problem
General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash
2023-08-01 21:47
Dutch ministry says a fire that blazed for nearly a week on a cargo ship appears to have burnt out
The Dutch government says a fire that had been burning on board a cargo ship carrying thousands of new cars appears to have burnt itself out after nearly a week
2023-08-01 21:24
Uber Posts First Operating Profit as Ridership Hits New Record
Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a
2023-08-01 21:22
Amazon adds video telemedicine visits nationwide to its virtual clinic
Amazon is adding video telemedicine visits in all 50 states to a virtual clinic it launched last fall, as the retail giant takes a deeper step into care delivery
2023-08-01 21:16
Pfizer trims 2023 revenue outlook as profits tumble
Pfizer reported a steep drop in profits Tuesday on much lower Covid-related revenues as it curtailed its full-year sales outlook, in part due to tornado...
2023-08-01 20:53