Tech Giants Aim to Solve West Coast Housing Shortage
New announcements from Google and Apple shed light on how billions of dollars pledged by tech companies for affordable housing are being deployed.
Blackstone Is Buying Alaska Permanent Fund Infrastructure Assets
Blackstone Group is buying a nearly $1 billion infrastructure investment portfolio from Alaska Permanent Fund Corp., according to a person familiar with the matter.
AMC Postpones Reopening of U.S. Theaters Until August
The chain is pushing back the reopening of its U.S. theaters to mid- to late August, after a number of summer blockbusters delayed their release dates because of the Covid-19 pandemic.
Consider Harvesting Gains at Tractor Supply
Rural lifestyle retailer Tractor Supply posted impressive growth last quarter, but its share prices are also getting precariously high.
Amazon Met With Startups About Investing, Then Launched Competing Products
Some companies regret sharing information with the tech giant and its Alexa Fund. 'We may have been naive in believing they weren't competitive with us,' said one executive.
Drop in Demand Hits Car Makers: Earnings at a Glance
Auto makers reported results dragged down by lower customer demand brought on by the Covid-19 pandemic.
Hershey Braces for Halloween Hit From Coronavirus
The candy maker said a subdued Halloween this year because of the coronavirus pandemic could hurt candy demand during a holiday that typically generates a tenth of its sales.
Ubisoft Chief Pledges Changes to Culture After Executives Were Accused of Misconduct
The French videogame maker promised to overhaul its workplace culture following allegations of misconduct and inappropriate behavior that have led several senior executives to leave the company.
Twitter Adds More Users, but Revenue and Profit Fall
Twitter reported strong user growth but experienced lingering impacts from the coronavirus pandemic in its latest quarter, as the platform will have to navigate a rocky advertising climate and the fallout from a security breach.
Ann Taylor Owner Files for Bankruptcy as Virus Lockdowns Upend Retailers
Ascena Retail Group, the parent company of Ann Taylor and Lane Bryant, has filed for bankruptcy, the latest apparel seller unable to ride out the economic damage caused by coronavirus restrictions.
