Wendy's profit down 50% in coronavirus pandemic
The restaurant chain reported flat quarterly U.S. same-store sales for the first quarter ended March 31, as strong demand for its latest breakfast menu offset limited earnings from delivery and take aways.
Papa John's swings to first-quarter profit; revenue misses expectations
Papa John's reported a first-quarter profit, but revenue missed analysts' expectations despite sales growth amid coronavirus pandemic.
Barrick profit surges 55% as gold prices spike
Barrick's adjusted profit rose to $285 million, or 16 cents per share, in the first quarter ended March 31.
CVS Health profit spikes as coronavirus drives sales surge
CVS Health's first-quarter profit spiked 41 percent year-over-year to $2.01 billion.
Virgin Galactic stock price launched by NASA deal, spaceflight deposits
More than 400 people have put down deposits for Virgin Galactic’s future spaceflights, representing more than $100 million in potential future business.
Coronavirus cost Disney theme parks $1 billion, company says in mixed earnings report
The pandemic caused major interruptions at Disney’s lucrative theme parks and cruise lines in the U.S. and abroad.
Stocks trim gains on Fed speak as oil soars
More American cities are reopening for business.
Wayfair's online furniture sales boosted by coronavirus shutdown
Chief Executive Niraj Shah said that the Covid-19 pandemic has brought first-time customers to Wayfair's online store as people stay at home during the public-health crisis.
Gold miner Newmont posts 641% jump in profit
Newmont Corp. earned $837 million in the first quarter as gold prices surged.
Marathon Petroleum logs $9B loss in first quarter, cuts capital spending
Marathon Petroleum Corp. reported a more than $9 billion loss in the first quarter as the company logged over $12 billion in noncash impairments.
DuPont first-quarter sales fall in coronavirus, despite PPE demand
DuPont de Nemours Inc. posted lower sales and swung to a loss for the first quarter as the Covid-19 pandemic led to higher demand for personal protective equipment but also disrupted supply chains.
Shake Shack sales plunge as coronavirus hurts burger chain's business
Shake Shack withdrew its guidance for fiscal 2020 due to uncertainty related to the pandemic.
Stocks erase losses as Nasdaq leads rebound
Stocks curbed the majority of losses in a choppy session.
Tyson Foods expects coronavirus to continue crimping production
Tyson Foods Inc. said it expects continued challenges maintaining meat production for its current fiscal year amid the coronavirus pandemic.
Disney, hit hard by coronavirus, to face Wall Street questions on impact on company
Disney's second-quarter financial report on Tuesday will offer the first assessment of the damage the coronavirus has wreaked on its global business.
Warren Buffett: 'American magic' will overcome coronavirus
Warren Buffett says the accomplishments of the U.S. in 231 years -- just 46 years longer than the combined lifespans of himself and his longtime partner Charlie Munger -- are "beyond what anybody could have imagined."
Buffett's Berkshire Hathaway reports nearly $50B loss as investments drop
Berkshire Hathaway Inc. said it lost $49.7 billion, or $30,653 per Class A share, during the first quarter.
Stocks slump as coronavirus hits big tech, oil earnings
The month of May began on down note after the Dow and S&P 500 wrapped up their strongest months in 33 years.
Honeywell becomes latest aero supplier to pull 2020 outlook on weak demand
Honeywell withdrew its full-year outlook on weak demand Friday due to coronavirus lockdowns.
Chevron dividend 'safe and secure,' CEO promises
The oil giant entered the downturn with a strong balance sheet, CEO Michael Wirth told Maria Bartiromo.



















