Uber has reportedly approached Grubhub with a takeover offer. Greg Roumeliotis, Akanksha Rana, and Lisa Baertlein reported the news for Reuters: Uber Technologies Inc is in negotiations to buy online food delivery company Grubhub...
Tesla has reopened its car factory in Fremont despite a county health authorities order for all non-essential businesses to remain shut down. Claudia Assis reported the news for MarketWatch: Tesla Inc. escalated a showdown...
Neiman Marcus is the latest victim of the Covid-19 crisis, filing for bankruptcy on Wednesday. Lauren Hirsch and Lauren Thomas reported the news for CNBC: Neiman Marcus, saddled with debt and hit by the...
Uber will lay off 3,700 employees as it suffers Covid-19 blow. Lauren Feiner reported the news for CNBC: Uber said Wednesday it will lay off 3,700 employees and that CEO Dara Khosrowshahi will forgo...
Disney reported a $1.4-billion decline in profits for the first quarter mostly on the back of shut down theme parks. Munsif Vengattil and Lisa Richwine reported the news for Reuters: Walt Disney Co (DIS.N)...
Dominic Gates is the aerospace reporter at the Seattle Times and is the lead reporter on the paper’s coverage of the 737 Max crisis, which on Monday won a Pulitzer Prize for national reporting....
J. Crew has become the first national retail chain to file for bankruptcy amid the coronavirus pandemic. Anne D’Innocenzio reported the news for the AP: Struggling fashion brand J.Crew has filed for bankruptcy protection,...
A team of Seattle Times reporters won a Pulitzer Prize for national reporting on Monday for its coverage of Boeing Co. and the 737 Max crisis. The Times staffers mentioned included Dominic Gates, Steve...
Warren Buffett’s Berkshire Hathaway has sold all its holdings in four U.S. airlines with Buffett himself citing the high degree of uncertainty about the future of the industry. Thomas Franck and Leslie Josephs from...
Ford is preparing to reopen its closed factories next month with strict health checks. CNBC’s Michael Wayland reported the news: Ford Motor expects to begin calling back salaried employees who have been working remotely...
