Tinder Hires Ex-CBS Interactive Boss Jim Lanzone as CEO
The leadership change at Match Group's flagship dating app comes as the coronavirus pandemic is redefining the online dating industry.
LVMH Profit Plunges Amid Boutique Closures
French luxury conglomerate LVMH said net profit plunged in the first half, as the company struggled to cut costs in the face of sweeping boutique closures during the coronavirus pandemic.
Garmin Says Cyberattack Made Its Software Unavailable
The navigation-systems company said no customer data was compromised in the attack over several days and that its systems were being restored.
Visa, Mastercard Fined Wirecard for Dubious Transactions
Defunct payments processor Wirecard miscoded gambling transactions and had high levels of stolen card purchases and reversed transactions, leading to big fines from card networks, according to people familiar with the matter.
Walmart, Kroger Bottle Their Own Milk and Shake Up American Dairy Industry
Supermarket chains aim to price the staple as low as possible to draw in shoppers, squeezing old-line companies with premium brands. Farmers are part of the collateral damage.
Toys Are Selling, but Mattel and Hasbro Aren't Cashing In
Toys from Barbie dolls to board games are flying off the shelves, literally and virtually, as parents look for ways to entertain their children during the coronavirus pandemic. But retailers haven't rushed to restock their inventory.
Walgreens CEO to Step Down, Become Chairman
The pharmacy chain said Stefano Pessina has decided to step down as chief executive after five years in the role, and will become executive chairman once the company names his successor.
Tech-Oriented Companies Profit From Demand for Select Products: Earnings at a Glance
The Covid-19 pandemic had a limited impact on Atos, Hangzhou HIK Vision Digital Technology and SAP.
Moderna's Covid-19 Vaccine Begins Final-Stage Testing
The pivotal trial will evaluate, in 30,000 subjects across the U.S., whether two doses prevent symptomatic Covid-19.
Google to Keep Employees Home Until Summer 2021 Amid Pandemic
The tech giant will keep its employees home until at least next July, making the search-engine giant the first major U.S. corporation to formalize such an extended timetable.
