Lyft Reports 70% Drop in Ride Volume
Tech & Gadgets

Lyft Reports 70% Drop in Ride Volume

Bottoming out during the second week of April.

Tesla Stocks Reach Milestone Unlocking Elon Musk's Record $706 Million USD Payout
Automotive

Tesla Stocks Reach Milestone Unlocking Elon Musk's Record $706 Million USD Payout

The biggest payday for any U.S. executive in history.

Balenciaga to Open Flagship Store on London's Bond Street
Fashion

Balenciaga to Open Flagship Store on London's Bond Street

It’s expected to be two stories.

Disney's Q1 2020 Profits Plummet by 91%
Entertainment

Disney's Q1 2020 Profits Plummet by 91%

Largely due to theme park closures amid the coronavirus pandemic.

Airbnb Cuts 25% of Employees as Business Is "Hit Hard" Amid Pandemic
Travel

Airbnb Cuts 25% of Employees as Business Is "Hit Hard" Amid Pandemic

CEO Brian Chesky detailed the move in a letter to employees.

Gold's Gym Files Chapter 11 Bankruptcy Protection
Sports

Gold's Gym Files Chapter 11 Bankruptcy Protection

Following closures of its various locations amid the coronavirus pandemic.


J.Crew Files for $400M USD Chapter 11 Bankruptcy
Fashion

J.Crew Files for $400M USD Chapter 11 Bankruptcy

After the coronavirus crisis caused a direct impact on business operations.

Tesla Applies for License to Become U.K. Electricity Provider
Automotive

Tesla Applies for License to Become U.K. Electricity Provider

The company may be attempting to introduce its Autobidder platform.

Macy's to Reopen 68 U.S. Stores on Monday
Fashion

Macy's to Reopen 68 U.S. Stores on Monday

Sales are expected to be at one-fifth of its normal volume.

Jeff Bezos Says Amazon Will Spend $4 Billion USD on COVID-19 Expenses
Tech & Gadgets

Jeff Bezos Says Amazon Will Spend $4 Billion USD on COVID-19 Expenses

“If you’re a shareowner in Amazon, you may want to take a seat.”

Apple Reports Strong Q1 2020 Revenue of $58.3 Billion USD
Tech & Gadgets

Apple Reports Strong Q1 2020 Revenue of $58.3 Billion USD

Wearables and accessories performed particularly well despite the coronavirus crisis.

Coach's Parent Company Plans Soft Store Reopening
Fashion

Coach's Parent Company Plans Soft Store Reopening

Tapestry is prepping, among other things, contact-free curbside delivery.

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