US Business

McDonald’s says it will require all U.S. customers to wear masks in its stores beginning next month, joining Walmart and other companies that decided that face coverings are needed to help prevent the spread of the coronavirus.

The wholesale and retail power company will add more than three million customers throughout the U.S. and Canada with the acquisition, which will widen its geographic footprint.

The world’s largest oil-field services company is cutting about 21,000 jobs as oil producers slash spending in response to a historic drop in prices amid the coronavirus pandemic.

Projects take longer. Collaboration is harder. And training new workers is a struggle. “This is not going to be sustainable.”

The $305 million offer from Sparc, the apparel venture backed by Authentic Brands and Simon Property Group, kicks off the contest to buy the iconic American retailer out of bankruptcy.

Intel reported stronger second-quarter earnings, buttressed by a work-from-home economy that has spurred demand for computing power, but it signaled a delay in its development of superfast chips.

The entertainment giant is making more changes to its movie-release schedule, including canceling the planned August release of “Mulan,” as the coronavirus pandemic continues to roil Hollywood.

Elon Musk’s plan to build Tesla’s fourth vehicle assembly factory represents the next phase in his effort to reshape the auto maker.

Some companies regret sharing information with the tech giant and its Alexa Fund. “We may have been naive in believing they weren’t competitive with us,” said one executive.

Walmart is selling its Indian stores to Flipkart, the e-commerce startup it controls, consolidating its operations in the world’s second-most-populous country as it works to fend off Amazon.com.