Month: June 2020

Walt Disney said it aims to begin a phased reopening of its Disneyland Resort in July. Disney parks have been shut down since March.

Grubhub agreed to combine with Europe’s Just Eat Takeaway.com, turning its back on Uber Technologies in a surprising twist in the scramble for mergers among food-delivery companies.

The leading U.S. chicken producer said it is aiding in a Justice Department price-fixing investigation under a leniency program that would allow the company to avoid criminal prosecution.

A surge in online ordering overwhelmed Thrive Market, one of a host of retailers trying to compete against the Amazon retail juggernaut. “It felt like a pick-your-poison moment,” said co-founder and CEO Nick Green.

The market value of Nikola, a little-known electric-truck startup that went public last week, has surged as investors continue to bet on the growth potential of electric transportation.

AMC Entertainment Holdings, the world’s largest movie-theater chain, registered a $2.2 billion net loss in the first quarter, underscoring the devastating economic blow the pandemic has had on the exhibition industry.

Shares in the online automobile seller soared in their first day of trading, adding Vroom’s name to a list of companies that had strong public showings in the past few weeks.

The global airline industry is forecast to lose a record $84 billion this year with a return to profitability coming in 2022 at the earliest.

From meat plants to post offices, many older workers have continued clocking in despite their heightened risk of serious complications if they get the novel coronavirus.

The economy of the country’s biggest city was on lockdown for more than two months as New York girded itself against the coronavirus pandemic. On Monday the Big Apple opened for business again.