 | | | | Nasdaq Inc is expected to report higher second-quarter earnings on Wednesday as hopes of a rapid recovery from the coronavirus pandemic sent technology stocks surging, sending its benchmark Nasdaq 100 index to record highs. | | |
| | | U.S. firm eBay Inc has agreed to sell its classified ads business to Norway's Adevinta in a deal worth $9.2 billion, creating the world's largest classifieds group, the companies said on Tuesday. | | |
| | | Microsoft Corp , Nike Inc , Starbucks Corp , Unilever NV and five other industry titans from various sectors are teaming up to help businesses globally achieve zero carbon emissions. | | |
| | | Carlyle Group Inc said on Tuesday that Glenn Youngkin will step down as co-chief executive to dedicate himself to public service, leaving Kewsong Lee as sole CEO of one of the world's biggest private equity firms. | | |
| | | Coca-Cola Co reported a 28% drop in adjusted quarterly revenue on Tuesday as sales of its sodas were battered by the closure of restaurants, theaters, and sporting venues due to lockdowns to contain the spread of the novel coronavirus. | | |
| | | World shares climbed to their highest since February and the euro briefly hit its strongest since March on Tuesday, after European Union leaders sealed a 750 billion-euro ($857 billion) post-pandemic recovery plan after marathon talks. | | |
| | | Backlights off, music quiet and poles bare, strip clubs across the United States closed earlier this year in the face of COVID-19 social-distancing measures that precluded the up-close nature of the exotic dancing industry. Like many businesses, these cabarets, lounges and gentlemen’s clubs hoped a $660 billion Small Business Administration (SBA) loan program would help them weather the lockdown. | | |
| | | Coach handbag maker Tapestry Inc said on Tuesday Chairman and Chief Executive Officer Jide Zeitlin has resigned from the company for personal reasons, effective immediately. | | |
| | | German payments company Wirecard has hired Alix Partners for a forensic investigation of the accounting scandal that led to its collapse, people close to the matter said. | | |
| | | Germany’s Robert Bosch GmbH, the world’s largest auto parts supplier, said on Tuesday it is consolidating its software and electronics expertise in a single division, in order to get new digitalized vehicle functions on the road significantly faster. | | |
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