With stadiums, theaters closed, Coke 2Q revenue plunges 28%
Coca-Cola’s revenue plunged 28% in the second quarter, but the company says things are improving as lockdowns ease globally By DEE-ANN DURBIN AP Business Writer July 21, 2020, 3:15 PM…
Tech rebound powers US stocks higher, snaps 2-day S&P slump
Technology companies helped power stocks broadly higher on Wall Street Tuesday, snapping the market’s two-day losing streak. The rally followed the U.S. government’s decision to temporarily ease off proposed restrictions…
Sears files for Chapter 11 amid plunging sales, massive debt
Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated the American retail landscape. But the big question is whether…
Bad week in social media gets worse; Twitter hammered
Interested in Twitter? Add Twitter as an interest to stay up to date on the latest Twitter news, video, and analysis from ABC News. Cracking down on hate, abuse and…