Lyft to require passengers and drivers to wear masks
Lyft will require both passengers and drivers to wear masks and complete a health certification program, including confirming before each ride that they are not displaying symptoms associated with the novel coronavirus, the company said on Thursday.
Asia stocks poised to rise as upbeat earnings trump jobs gloom
Asian stocks were set to track Wall Street gains on Friday, after upbeat corporate earnings took the focus off upcoming data that is expected show the worst U.S. unemployment rate in more than 70 years.
Neiman Marcus’s attempt to manage crushing debt undone by COVID-19
On March 17, about a week after the World Health Organization declared COVID-19 a pandemic, Neiman Marcus Group had no choice but to close its 67 stores.
Government aid for Brazil’s airlines shrinks, while Panama’s Copa shrugs off bailout
Stress has been mounting for Latin American airlines as carriers brace for a slow recovery from the coronavirus pandemic, but Brazil’s government on Thursday reduced the loan aid available for carriers, while Panama’s Copa Airlines said it did not need…
Uber sees rides recovering from coronavirus lows, banks on food-delivery momentum
Uber Technologies Inc’s ride service bookings slowly recovered in recent weeks as the company expects a coronavirus-related slowdown will delay the goal of becoming profitable by a matter of quarters, not years, Chief Executive Dara Khosrowshahi said …
The great potato giveaway: U.S. farmers hand out spuds to avoid food waste
When Tina Yates pulled her truck up to a mall in western Washington state on Thursday, workers waved her past hundreds of cars waiting to pick up free russet potatoes.
Ford plans to restart North America production from May 18
U.S. automaker Ford Motor Co said on Thursday it is planning to restart production and operations in North America in a phased manner, starting May 18.
Macy’s delays first-quarter results to July 1, citing COVID-19 disruption
Department store chain Macy’s Inc on Thursday delayed its first-quarter earnings report to July 1, citing significant business disruption due to the COVID-19 pandemic, which has also led to delay in financial statement preparation.
Uber sees ride business up from coronavirus lows in some U.S. markets
Uber Technologies Inc’s ride service bookings rose last week and the company expects a coronavirus-related slowdown will delay the goal of becoming profitable by a matter of quarters, not years, Chief Executive Dara Khosrowshahi said on Thursday.
World stocks climb on China trade relief, while U.S. jobs data dents dollar
World shares rose on Thursday after China’s exports came in far stronger than expected, suggesting an economic recovery was under way, but the dollar fell from two-week highs as U.S. data showed millions more Americans joined the ranks of the unemploye…
