Category: Business

Starbucks reported an adjusted loss per share of 46 cents for its fiscal third quarter. The company estimated that it lost $3.1 billion in revenue due to the coronavirus pandemic. … Read More

AMC Theaters agreed to show Universal Pictures films on the big screen once more and grant Universal a smaller theatrical window so it could make its titles available on-demand sooner. … Read More

Senate Republicans unveiled the details of their latest $1 trillion coronavirus relief package Monday night, which includes $70 billion in funding for elementary, middle and high schools nationwide.  Overall, Republicans … Read More

Planet Fitness CEO Chris Rondeau proposed gyms as "part of the solution" to the coronavirus pandemic. Rondeau said exercising should be viewed as part of health care, as fitness and … Read More

The Federal Trade Commission or FTC said that German carmakers Volkswagen and Porsche repaid more than $9.5 billion since 2016 to car buyers, who were deceived by “clean diesel” ad … Read More

The International Monetary Fund warned back in April that inequality was likely to rise during the pandemic. The institution expects the world economy to contract by 4.9% in 2020, with … Read More

A renewed increase in coronavirus cases around the world is presenting challenges from China to Germany. In the U.S., National Security Adviser Robert O’Brien tested positive, while an outbreak in … Read More

Weeks after California Governor Gavin Newsom identified the Imperial Valley as the state’s hardest-hit region, he announced at his daily news conference that the state’s Central Valley was the new … Read More

The lockdown was declared Friday afternoon. The North's official Korean Central News Agency said the suspected virus patient is a runaway who fled to South Korea three years ago before … Read More

/ Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. The U.K. said … Read More