Spotify Strikes Exclusive Podcast Deal With Joe Rogan

His full library, dating back 11 years, is to hit the service Sept. 1, and become exclusive to Spotify after that, before the end of the year. 


 
Santander Settles Predatory Auto-Lending Claims for $550 Million

The bank's deal with nearly three dozen states addresses charges it engaged in predatory auto lending to borrowers with low incomes and subprime credit scores. 


 
Stay-at-Home Essentials Boost Some Retailers: Earnings at a Glance

Consumers stocking up on stay-at-home essentials because of the Covid-19 pandemic boosted Walmart's results, while other retailers didn't fare as well. 


 
Walmart Sales Surge as Coronavirus Drives Americans to Stockpile

The company is reaping the rewards of being one of few retailers positioned to successfully navigate a global pandemic, reporting a surge in quarterly sales as consumers turned to its giant stores to stock up on food and household goods. 


 
Disney+ Loses Its Architect as New Rivals Launch

Kevin Mayer, who built and launched Disney's flagship streaming service, departs as the unit has become a bright spot for the company during the pandemic. 


 
Nasdaq Moves to Delist China's Luckin Coffee

Luckin, an upstart rival to Starbucks in China, said in a regulatory filing that it received a written notice from the exchange's listing qualification staff, who have determined that its shares should be delisted. 


 
Home Depot Reports Higher Revenue Despite Coronavirus Impact

The company's revenue in the fiscal first quarter outpaced expectations of Wall Street analysts as the average customer transaction size rose by 11%. 


 
Bankrupt Pier 1 Imports Says Stores to Permanently Shut Down

After nearly 60 years of selling home décor, Pier 1 Imports is permanently closing its retail stores in the wake of the coronavirus pandemic, though it hopes to sell its intellectual property and e-commerce business. 


 
Landlords Fume as Starbucks, Other Chains Seek Extended Rent Cuts

Starbucks, Chipotle Mexican Grill and Shake Shack are among the restaurant and cafe operators asking property owners to renegotiate leases or offer deferred rent payments. 


 
Sony to Acquire Full Control of Financial Unit for $3.7 Billion

Though little known outside Japan, Sony Financial Holdings is a significant presence in Sony's home country, offering life insurance, auto insurance and banking products such as foreign-currency accounts.