Disney Seeks to Remove Racist Themes at Splash Mountain Rides
Walt Disney is redesigning its famed Splash Mountain rides-inspired by a racist movie from the 1940s-to be based on a newer film featuring the company's lone black princess character.
FDIC to Lift Postcrisis Curb on Banks
Federal agencies moved to roll back financial regulations that could free up tens of billions of dollars for major banks and allow them to invest more in venture-capital funds, delivering Wall Street one of its biggest wins of the Trump administration.
Darden, Olive Garden Owner, Prepares for Dining Transformed by Covid-19
Darden Restaurants is simplifying its menus, enhancing carryout options and revamping dining rooms at its Olive Garden, LongHorn Steakhouse and other chains as states emerge from pandemic lockdowns.
Home-Cooking Trend Is Mixed Bag for Spice Giant
Consumers have been stocking up on McCormick's spices, dry baking mixes and other pantry staples. Its restaurant customers are another story.
Macy's to Cut 3,900 Corporate Jobs
The retailer is eliminating 3% of its workforce as it anticipates a gradual recovery of business from the coronavirus-induced economic crisis.
Japan Plans National Champion to Challenge Huawei
Japan's top telecommunications company is taking a $600 million stake in a leading telecoms hardware maker, seeking to build a national champion that can take business from China's Huawei Technologies Co.
NYSE Set to Host Albertsons IPO With Coronavirus Restrictions
The New York Stock Exchange is looking to show it's back in business as it hosts the initial public offering of Albertsons Cos., the first major IPO since its famed trading floor reopened.
Chuck E. Cheese Parent Seeks Bankruptcy Amid Extended Restaurant Closures
Chuck E. Cheese parent CEC Entertainment filed for chapter 11 bankruptcy protection on Thursday, as it grapples with the financial strain of prolonged closures sparked by the coronavirus pandemic.
Wirecard Files for Insolvency After Revealing Accounting Hole
German fintech company Wirecard has filed for insolvency proceedings, days after revealing that more than $2 billion in cash missing from its balance sheet probably didn't exist.
Food Exporters Resist China's New Coronavirus Restrictions
As China tries to stave off a resurgence of Covid-19, the customs authority requested that companies sending food products to the country sign documents declaring that their food hasn't been contaminated by the virus.
