Month: May 2021

The pandemic sent business through the roof for DoorDash and Uber Eats, but they’re still trying to cook up secret sauce for profitability. Grubhub calls restaurant delivery a “crummy business.”

Johnson & Johnson and the FDA expect to announce within days that contamination problems at the plant are resolved, clearing the way for millions more doses to become available.

Nike ended its endorsement deal with the soccer player last year after the company began investigating an allegation by an employee that he had sexually assaulted her in a New York City hotel room, people familiar with the matter say. He denies the allegation.

The case, which hasn’t been previously disclosed, is one of the most advanced in the world looking at Google’s dominance as a provider of tools for buying and selling ads across the web.

The airline rejected Belarus’s account of the diversion of one of its planes, angrily condemning the forced landing in a private letter and calling on the government to identify three passengers the company said it suspects are security-services agents.

The oil giant may have to overhaul its business and cut its oil output faster than it had planned, analysts and investors said.

Facebook has ended its ban on posts asserting Covid-19 was man-made or manufactured, reflecting a deepening debate over the origins of the pandemic.

Exxon Mobil and Royal Dutch Shell’s significant defeats on climate change are expected to force the oil-and-gas industry to more fully confront how fast the landscape is shifting under pressure from environmentalists and investors.

The company’s purchase of the movie studio, in a deal valued at $6.5 billion, excluding debt, aims to bulk up its Prime Video platform in a race against Netflix, Disney and others.