Lyft’s Path to Profits Could Stall in Traffic
Even Lyft can stand a break from the rat race. The road to recovery has been slow for the ride-hailing…
U.S. Unemployment Claims Fell Last Week After Recent Rise
New applications for unemployment benefits fell last week after a recent jump, an indication that the labor market recovery is…
Refrigerators, Ovens Get a Hygiene Makeover During Covid-19 Pandemic
SEOUL—The roughly $500 billion home-appliance industry is making a hard pivot toward hygiene as the coronavirus pandemic shows no sign…
Sephora to Set Up Shop Inside Kohl’s
The beauty wars are heating up. Sephora plans to install 850 shops inside Kohl’s Corp. stores by 2023, upending the…
GM, Nikola Agree to Scaled-Down Supply Agreement
General Motors Co. will supply fuel cells to Nikola Corp. for commercial trucks but will no longer take an equity…
Britain Braces for Logistics Havoc as Brexit’s Final Act Looms
The U.K. faces a logistics nightmare that could bring delays and shortages in essential goods after the country completes its…
Salesforce, Delta Air Lines, Best Buy: Stocks That Defined the Week
Salesforce.com Inc. Which business-software giant will become the go-to provider in a work-from-home world? Salesforce . com could put pressure…
India’s GDP Shrinks as Covid-19 Keeps Stranglehold on One of World’s Largest Economies
NEW DELHI—The coronavirus pandemic has strangled one of the most powerful engines of economic growth in the world: spending by…
Midwestern Governors Seek More Federal Covid-19 Aid for Businesses
A growing number of governors are calling for another round of coronavirus-relief legislation from Washington, saying they are unable to…
U.S. Unemployment Claims Rose to 778,000 Last Week
Jobless claims rose for the second straight week, to 778,000, a sign the surge in virus cases was starting to…
Best Buy Continues Gains From Home Products, Online Sales
Best Buy Co. continued benefiting from online sales and items that help consumers work, learn and cook from home during…
Merck to Buy OncoImmune Amid Race for Covid-19 Treatments
Merck & Co. is buying the biopharmaceutical company OncoImmune, which has reported positive results from a late-stage study of a…