Pork producer says it needs flexibility on virus guidelines
O’FALLON, Mo. (AP) — The world’s largest pork producer told a judge in Missouri on Thursday that it was working as quickly as it can to comply with federal guidelines that seek to slow the spread of the coronavirus but that it needs some flexibility in an...
McDonald’s says 25% of stores closed as 1Q sales fall
McDonald’s says it has likely reached the trough of global restaurant closures due to COVID-19, with 25% still shuttered. But business has been slow to return as lockdown orders continue to disrupt consumers’ routines.McDonald’s said Thursday its sales...
Twitter stock slips amid pandemic-caused revenue uncertainty
OAKLAND, Calif. (AP) — Twitter’s stock tumbled Thursday after the company failed to show that it’s weathering the pandemic-borne digital advertising slump the same way its bigger rivals Facebook and Google are. The San Francisco-based social...
Wall Street’s best month in 33 years closes with whimper
A crush of dismal data about the economy helped send markets lower Thursday, a meek ending to a historic, juggernaut month for stocks. The S&P 500 fell 0.9% after reports showed millions more U.S. workers filed for unemployment benefits last week and the European...