Uber Stock Up as Company Cuts Costs, Continues GrubHub Talks
Uber is cutting more jobs and looking to boost food delivery as the pandemic pummels the ride-sharing business.
Uber is cutting more jobs and looking to boost food delivery as the pandemic pummels the ride-sharing business.
As if he wasn’t rich enough, Jeff Bezos could become a trillionaire by 2026 and Amazon critics are already sharpening their knives.
Even as Ford plants reopen the coronavirus has cut demand and rattled the supply chain, as well as shareholders.
Facing regulatory probes at the federal and state levels, Facebook plays defense with Oversight Board and offense with American Edge lobbying group.
TSMC will build a silicon chip manufacturing plant in the U.S. and that changes the competitive landscape for AMD and rival Nvidia.
The economic hit from the coronavirus pandemic is showing up in mortgage delinquencies and that’s bad for Fannie Mae.
Altria’s investments in Juul and Cronos Group weigh on investor sentiment even though core tobacco business looks strong.
Canadian pot company Aphria is well positioned in the medical and recreational sectors. It has eyes on Europe but the coronavirus has stalled legalization efforts in the U.S.
Snapchat’s augmented reality technology could change analysts’ and investors’ views of Snap stock.
Shopify has flourished as more companies use its platform to build e-commerce websites. It’s now Canada’s largest company by market cap.
Cannabis stocks have disappointed but the coronavirus lockdown might boost consumer demand.
Chesapeake stock runs out of energy as coronavirus cuts demand for oil faster than producers cut supply.
With solid financials and a likely shift to domestic manufacturing in some sectors, CSX is well placed to benefit from coronavirus recovery.
Uber is reportedly in talks to buy Grubhub. The coronavirus lockdown is boosting the food delivery business, but that could also raise the regulatory bar for a deal.
Additional Spanish-language channels and coronavirus lockdown broaden Roku's subscriber base.
Amazon stock looks immune despite concerns about the reopening of the American economy.
Beyond Meat hopes to gain a larger share of the market as beef prices rise because of production disruptions related to COVID-19.
The value of "The Last Dance," ESPN's 10-part Michael Jordan series, isn't lost on Nike, which features a trailer for the show on its website.
J.C. Penney is widely expected to seek bankruptcy protection as soon as this week.
Thanks to shelter-in-place orders around the globe, Facebook usage is way up. But the tech giant faces strong headwinds due to declines in advertising.