Nasdaq grabs new record as stocks post weekly gains
US stocks end week on a positive note ahead of earnings season.
Carnival sales plunge 85% as coronavirus docks ships
The Miami-based cruise operator’s revenue plunged 85 percent from a year ago to $740 million, driving its loss to $6.07 per share.
Nasdaq powers higher as Dow drops over 361 points
Initial jobless claims for the week ended July 3 totaled 1.314 million, meaning nearly 50 million Americans have filed for first-time unemployment benefits since mid-March.
Walgreens loses $1.7B as coronavirus snarls overseas sales
Walgreens Boots Alliance lost $1.7 billion in its fiscal third quarter as the coronavirus caused a sharp drop in sales.
Stocks jump, Nasdaq resumes record run
The Nasdaq has its best first five days of the second half of a year since 2003.
New OECD data sheds light on multinationals profit-shifting to cut taxes
Data indicates corporations tend to book profits in low tax financial hubs rather than where they really do much of their business
Samsung projects 23% jump in profit on strong chip sales
Finalized earnings will be released later this month
Nasdaq hits 22nd record as new quarter begins
U.S. equity markets built on gains from the best second quarter in two decades amid a gradual nationwide reopening from coronavirus lockdowns.
World's largest gold mining complex beats first-year targets despite coronavirus
Nevada Gold Mines, the joint venture between Barrick Gold and Newmont, is mining almost 4 million ounces a year.
Macy's takes $3.2B coronavirus hit
Macy's took a $3.2 billion first-quarter writedown due to the impact of COVID-19.
FedEx says coronavirus shopping helped offset commercial slowdown
Shares of FedEx surged more than 8 percent in after-hours trading on the company's earnings report
Dow posts best quarter since 1987 as stocks rebound from coronavirus lows
US stocks post the best quarterly performance in decades.
The future of fast food has arrived ahead of schedule
These chains have responded to the crisis by reducing menu options, closing dining rooms and offering better deals. As a result, customers have been returning in large numbers.
Nike posts $790M loss after coronavirus pandemic shuttered stores
Nearly all of Nike's stores were forced to close for two months as the pandemic worsened.
Olive Garden owner Darden slims down menus for coronavirus era
Businesses built around in-restaurant dining were hit especially hard by coronavirus lockdowns that forced them to refocus on pick-up and delivery.
Vitamin chain GNC files for bankruptcy, may close 1,200 stores, sell
Business operations will continue, and fewer than 500 stores remain closed because of the pandemic.
Sherwin-Williams raises sales guidance as consumers doing DIY projects drive unprecedented demand
The Sherwin-Williams Co. on Monday increased its sales guidance for the second quarter, citing greater-than-expected demand in its North American architectural business.
Wirecard says missing $2.1B likely did not exist; withdraws forecasts
Chief Executive Officer Markus Braun quit on Friday
Hard seltzer, beer sales surging amid coronavirus
FOX Business' Grady Trimble on why beer and hard seltzer sales soared
Nasdaq wins as Dow, S&P fall in volatile end to week
Stocks post weekly gains amid a surge in volatility.