Starbucks coronavirus recovery begins as most stores reopen globally
Shares of Starbucks have surged more than 5 percent in after-hours trading as 97 percent of its company-operated stores around the world have reopened, including 99 percent of stores in China and 96 percent in the United States.
Dow falls 200 points as coronavirus dents quarterly results and relief bill stalls
Coronavirus relief negotiations with House Democrats, who passed a larger relief bill months earlier and criticized the GOP plan as insufficient, are ongoing.
McDonald's to close 200 US stores, majority of which are inside Walmart locations
McDonald's expects to permanently close 200 of its U.S. locations this year, over half of which are located within Walmart stores where sales have fallen.
Raytheon defense business drives quarterly profit beat
Raytheon said it achieved a record backlog of $73.1 billion from its defense business in the second quarter, pointing to strong demand from the U.S. government and international customers.
Pfizer sales fall as drugmaker races toward COVID-19 vaccine
The company's candidate vaccine to protect against Covid-19, which it is developing with BioNTech, began Phase 3 testing this week.
JetBlue's loss deepens as coronavirus devastates air travel
The Long Island City, New York-based air carrier lost $320 million in the three months through June as ticket sales plunged.
McDonald's global sales suffer as coronavirus lockdowns limit operations
McDonald's Corp on Tuesday reported a bigger-than-expected drop in global same-store sales and missed profit expectations, as its restaurants were shut due to the COVID-19 pandemic, limiting operations to only drive-thru and delivery.
Harley-Davidson starts 5-year overhaul as coronavirus slams business
Harley-Davidson is planning a strategic overhaul after losing $92 million in the second quarter as COVID-19 slammed business.
Homebuilder DR Horton hits sales record amid coronavirus pandemic
The Arlington, Texas-based homebuilder booked a fiscal third-quarter profit of $630.7 million, or $1.72 per share, as revenues rose 10 percent to a record $5.4 billion.
3M posts 12% fall in revenue as coronavirus crisis hammers demand
Industrial conglomerate 3M Co reported a 12% drop in quarterly revenue on Tuesday as demand for its products took a hit due to the global economic slowdown caused by the coronavirus crisis.
Stock futures trade cautiously on big earnings day, ahead of Fed meeting
The Federal Reserve begins a two-day meeting on Tuesday
Stocks jump on coronavirus vaccine progress, $1T stimulus package in the works
U.S. equity markets rallied and gold hit a record high as Republicans readied a $1 trillion coroanvirus relief bill.
Hasbro loss narrows as coronavirus snarls supply chain
Hasbro's lost $33.9 million in the second quarter as store closures and supply-chain issues impacted its ability to meet demand.
Stocks futures rise ahead of a big week for earnings
A dozen of the 30 Dow Industrial companies are set to report, along with 179 companies in the S&P 500
Tech stocks slide dragging S&P, Dow down for week
Stocks end a choppy week lower.
Verizon revenue drops as pandemic slows phone shopping
Verizon, which temporarily closed its retail stores as the coronavirus pandemic spread across the U.S., said its device-upgrade rate fell to 3.7% from 4.3% a year earlier.
Schlumberger cuts 21,000 jobs amid historic oil downturn
Schlumberger recorded $3.7 billion in impairment charges in the second quarter, including about $1 billion in severance charges.
American Express profit plunges 85% as coronavirus zaps spending
American Express, which earned $257 million in the second quarter, said cardholder spending hit bottom in April before improving in May and June.
Stock futures fall on increased US-China tensions
Dow members Verizon and American Express will report earnings
Dow sinks as Microsoft, Apple fall while gold hits record
Initial jobless claims for the week ended July 18 rose by 1.416 million, raising the total number of first-time filings to more than 52 million since COVID-19 stay-at-home orders began.




















