INVESTING
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The pandemic has shown that Amazon is essential—but vulnerable
In the summer of 1995 Jeff Bezos was a skinny obsessive working in a basement alongside his wife, packing paperbacks into…
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Want to buy a used car? Rental car companies are offering up some good deals
New York (CNN)With travelers staying close to home and airports turned into virtual ghost towns, rental car companies have taken…
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Amazon posts higher 1Q sales on coronavirus-driven spending, sees $4B in 2Q costs
Amazon (AMZN) reported first-quarter sales that topped consensus expectations and grew over last year, as consumers increasingly turned to the…
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Shell Announces First Dividend Cut Since WWII
he coronavirus pandemic will change the world and the oil industry forever, oil and gas supermajor Shell said on Thursday…
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Coronavirus: A visual guide to the economic impact
The coronavirus outbreak, which was first detected in China, has infected people in 185 countries. Its spread has left businesses…
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Coronavirus: Airbnb restricts UK bookings to coronavirus key workers
Home rental firm Airbnb is to temporarily restrict UK bookings to key workers and “essential stays” because of the coronavirus…
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Coronavirus: Six industries crying out for help
As the coronavirus pandemic continues, more and more sectors of the economy are feeling the strain. And with banks under…
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Bank earnings preview: As industry profits get cut in half, the winners will emerge next year
The first quarter of 2020 was the worst on record for two broad bank-stock indexes. Investors quickly fled the group…
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Amazon to suspend delivery service competing with UPS, FedEx
(Reuters) – Amazon.com Inc <AMZN.O> will suspend a delivery service that aims to compete with UPS <UPS.N> and FedEx <FDX.N>…
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Meat plants are shutting down as workers get sick
New York (CNN Business)Across the country, major meat processors are starting to shut down plants as employees are getting infected…
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