Month: October 2020

The coffee giant forecasts a return to sales growth next year.

The struggling oil giant said it expects to make the cuts over the next year as the coronavirus pandemic continues to batter the oil-and-gas industry.

U.S. transportation officials and airlines are at odds with public-health officials over whether people who test negative for coronavirus before they travel should still have to quarantine when they arrive in the U.S., according to people familiar with the matter.

Homebound drinkers bought more beer online and at supermarkets, boosting organic sales at AB InBev and cushioning the revenue lost at restaurants and bars amid Covid-19 restrictions.

Tiffany agreed to accept a lower price in its takeover by LVMH, ending a dispute between the luxury-goods companies that erupted after the coronavirus pandemic upended the industry.

Gilead Sciences’ revenue rose 17%, helped by sales of its antiviral drug Remdesivir that has become a standard treatment for hospitalized Covid-19 patients.

A Senate hearing in which lawmakers tangled with leaders of the largest social-media companies reflected deep discontent with their power to shape political discourse—and equally deep divisions over how to address it.

The U.S. auto industry, hobbled this spring by the Covid-19 crisis, has bounced back stronger and faster than many expected with some companies reporting record profits in the third quarter.

Pinterest posted strong revenue and user growth in the third quarter, as the social-media company saw significantly greater pandemic-fueled engagement than it did in the spring.