Nasdaq turns positive for 2020 as investors bet on economic recovery
As more states reopen for business, investors are betting on an economic recovery.
Hess posts quarterly loss, deepens spending cuts on coronavirus-fueled oil rout
Hess reported a quarterly loss Thursday after a coronavirus-induced drop in demand for oil and gas.
Coronavirus travel restrictions send JetBlue to first-quarter loss
JetBlue Airways Corp. swung to a loss for the first quarter as the coronavirus pandemic has decimated travel.
Hilton scrapes out profit in early phase of coronavirus
The McLean, Virginia-based hotel operator's first-quarter profit fell 89 percent from a year ago to $18 million, or 6 cents per share.
Budweiser brewer hit by coronavirus pandemic, but sees bright spots in US, China
A coronavirus-fueled shutdown of bars, nightclubs and other drinking venues around the world hammered sales for Anheuser-Busch InBev SA in the first quarter.
Peloton sees strong sales during coronavirus, subscriber growth despite mixed 3Q earnings report
Peloton sales have surged 66 percent in the fiscal third quarter as the coronavirus pandemic led to an increase in home workouts.
Fox in 'strong' position to weather coronavirus pandemic
Fox Corp.'s quarterly results beat Wall Street expectations.
Dow, S&P fall as US-China tensions rise over coronavirus crisis
The ADP national employment report released Wednesday morning showed U.S. companies cut 20.2 million jobs in April as the COVID-19 pandemic forced them to close at least temporarily.
5 things to know about Nintendo ahead of annual earnings call
The Kyoto, Japan-based company dates back to the 19th century, and it’s been in the home videogame business since 1983.
Wingstop gets coronavirus sales boost from housebound customers
Sales surged as states issued 'stay-at-home' orders to curb the spread of the COVID-19 pandemic.
General Motors ekes out profit as coronavirus slams business
General Motors posted a first-quarter profit of $294 million even as the COVID-19 pandemic brought business to a standstill.
Shopify first-quarter loss widens, sees spike in new store creation
Shopify recorded a larger quarterly loss for the first quarter of 2020 compared to the same period last year.
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.