BlackRock Softens Stance in Argentina Restructuring Talks
BlackRock is proposing that a key group of Argentina's creditors accept greater losses in a restructuring ahead of a potential default on the country's sovereign debt later this week.
Property Investors Report Rent Slump Amid Pandemic: Earnings at a Glance
Property investors reported a decline in rent payments, as tenants struggle with the effects of the coronavirus pandemic.
Economy Could Spoil Home-Improvement Party
Consumers' uptake of DIY projects provided a boost to both Home Depot and Lowe's, but uncertainty in the housing market obscures growth prospects.
Ford's Production Restart Hits Bump
Ford Motor closed its Chicago assembly plant for several hours on Tuesday after two employees tested positive for Covid-19, an early indication of the challenges the auto industry faces as production resumes after a two-month shutdown.
Hertz Lenders Brace for Losses From Formerly Triple-A Bonds
Bonds backed by Hertz Global Holdings' fleet of rental cars had the same credit rating as the U.S. government just a few weeks ago. Now the company's financial woes are stoking fears that investors are headed for a loss.
Panasonic Takes 20% Stake in Blue Yonder
Panasonic is taking a 20% stake in supply-chain software provider Blue Yonder, deepening their relationship as the two companies work together to develop digital technology in managing retail and manufacturing goods.
Elkann's Fiat Chrysler Deals Are Under Pressure
One deal that John Elkann, the scion of Italy's Agnelli family, sealed has come undone and the other-a merger between Fiat Chrysler and Peugot-is threatened by the fallout from the coronavirus pandemic.
Stitch Fix Needs a Refresh
The fashion styling service's business is likely to weather the pandemic, but it may need a new model.
U.S. Arrests Former Green Beret, Son Tied to Ghosn's Escape From Japan
The U.S. arrested a former Green Beret and son in connection with former Nissan Motor Chairman Carlos Ghosn's escape from Japan to avoid a corruption trial.
Luckin Coffee Shares Tumble After Nasdaq Lifts Trading Suspension
Shares of Luckin Coffee resumed trading following a six-week hiatus, tumbling early after the Nasdaq Stock Market told the Chinese coffee chain that it could be delisted.
