Pandemic Continues to Hurt Restaurant Companies: Earnings at a Glance
Financial results in the restaurant industry showed the impact of Covid-19 lockdowns.
As Trump Administration Seeks WeChat Restrictions, Tencent Profit Surges
Tencent Holdings downplayed threats from the Trump administration's potential restrictions on its flagship WeChat app, as increased spending through its services and videogames pushed the Chinese internet giant to better-than-expected profit and revenue in the second quarter.
Goldman Sachs Vies for GM's Credit Card, Betting on Connected Cars
The Wall Street firm is among a small number of bidders for the auto maker's credit-card business, which has about $3 billion in outstanding balances, according to people familiar with the matter. Barclays is also in the running.
Sumner Redstone, Media Mogul, Dies at 97
Sumner Redstone, who turned his family's movie-theater company into a global media empire spanning television, movies, radio and books, and who famously proclaimed that "content is king," has died.
NFL Executive and League's Highest-Ranking Woman Steps Down
NFL chief operating officer Maryann Turcke, the No. 2 at the league offices, is stepping down from her position as part of a broader shake-up inside the NFL's headquarters.
Off-Price Retailer Stein Mart Files for Bankruptcy
Stein Mart has filed for bankruptcy with plans to permanently close all or most stores, becoming the latest distressed department-store chain to succumb to the coronavirus pandemic.
Nautilus Is Too Pumped Up
The Covid fitness-equipment boom has caused the company's stock to surge, but shareholders have reason to sweat.
Aerospace Suppliers Brace for Hard Landing
Companies that make parts for Boeing and Airbus jets, and provide airlines with everything from engine spares to window shades, are shrinking rapidly in the wake of the pandemic-driven travel downturn.
Qualcomm Seeks 5G Riches After Bruising Antitrust Battle
Qualcomm's legal victory in a high-stakes battle with the U.S. government raises the opportunity for the smartphone chip giant to enjoy a period of relative calm and growth propelled by rising appetite for new 5G handsets.
Rapid-Response Covid-19 Test Makers Face Outsize Demand
Doctors, nursing homes and federal officials are scrambling to get rapid-response Covid-19 antigen testing supplies from the two companies that secured emergency approval to produce them.
