Wirecard, one of Europe's biggest and fastest-growing fintech companies, said auditors can't locate more than EUR1.9 billion of its cash. The disclosure shook investors and the firm's shares fell by nearly two-thirds.
The number of workers applying for and receiving jobless benefits has stabilized at historically high levels, signs that while the labor market is healing hundreds of thousands are still losing their jobs each week.
Americans have skipped payments on more than 100 million student loans, auto loans and other debts since the coronavirus hit the U.S.
Marathon Petroleum is in talks with potential buyers of its Speedway gas-station unit, reviving an effort that fell apart in March.
A Dentsu-owned digital-ad firm, 360i, is advising clients to support an ad boycott against Facebook called for by civil-rights groups.
Carnival reported a preliminary quarterly loss of over $4 billion and said it could breach a loan agreement in a prolonged sailing pause.
The S&P 500 reversed early losses to close less than 0.1% higher, while the Nasdaq gained 0.3%. The Dow industrials fell 0.2%.
T-Mobile is cutting jobs faster than planned after its Sprint merger. AT&T, meanwhile, has detailed plans to drop thousands of workers.
AMC Entertainment plans to reopen nearly all its U.S. theaters by July 24 following four months of closures.