Ford Motor Co on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants.
Starbucks Corp said on Tuesday it expects comparable sales in China to decline between 25% and 35% in the current third quarter, hurt by the coronavirus pandemic that has forced it to close stores and limit operations.
Starbucks Corp said on Tuesday it expects comparable sales in China to decline between 25% and 35% in the current third quarter, hurt by the coronavirus pandemic that has forced it to close stores and limit operations.
Uber Technologies Inc's Chief Technology Officer Thuan Pham has resigned, effective May 16, the ride-hailing company said in a regulatory filing https://bit.ly/2SiLDZB on Tuesday.
As low crude oil prices leave U.S. producers struggling to eke out profits, investors will focus on production hedges and cost-cuts to determine winners from losers as first quarter earnings roll out in coming days.