Author: Reuters

The We Company, owner of WeWork, said its first-quarter free cash outflow grew 60% sequentially, according to an email the company’s chief financial officer sent to employees on Thursday and reviewed by...

General Motors Co’s self-driving car unit Cruise told staff on Thursday it has decided to lay off workers, the latest start-up in the nascent industry to cut jobs during the coronavirus...

Nike Inc said on Thursday store closures in North America will hurt its retail and wholesales businesses in the fourth...

U.S. President Donald Trump signaled a further deterioration of his relationship with China over the novel coronavirus, saying he has no interest in speaking to President Xi Jinping right now and going so far as to suggest he...

Global equity benchmarks gained late on Thursday, with safe-haven bonds also rising as investors shrugged off disappointing U.S. jobs data and took comfort in the possibility of states re-opening after lockdowns and fueling an...