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American Airlines and Others Given Go-Ahead to Reduce Route Coverage

The Transportation Department informed 15 airlines late Friday that it will allow them to cancel flight service to about 60 cities where there …

Facebook Workplace Hits 5 Million Paid Users As Remote Work Demand Rises

Facebook Inc. (FB) has seen the number of paid users of its Workplace software, which is used for corporate chats and video calls, …

NYSE to Reopen Its Trading Floor on Tuesday

The New York Stock Exchange will partially reopen its trading floor to some, but not all, brokers tomorrow after closing it in late …

Agilent Up 5% On Solid Revenue Beat, But Top Analysts Stay Cautious

Shares in Agilent Technologies (A) rose 5% on Friday after the company reported revenue of $1.24B which beat Street estimates by $40M and came …

Facebook-Backed Reliance Launches Powerful Online Grocery Service In India

Reliance Industries has now launched its JioMart online grocery service across cities in India, with their new JioMart website also going live. The …

European Launch of Kylie Skin Boosts Coty Stock by 15%

Shares of Coty (COTY) rose by 15% on Friday to $3.85, after the company announced that its Kylie Skin products are now available …

Boeing Cuts 25% Of Its Workforce At Winnipeg Site; Top Analyst Slashes PT To $155

Boeing Co (BA) will lay off 400 employees at its aerospace manufacturing facility in Winnipeg as a result of the economic impact of …

AngloGold Halts Production At World’s Deepest Gold Mine, Due To Covid-19 Outbreak

AngloGold Ashanti (AU) has confirmed that operations at its Mponeng gold mine – which were running at 50% capacity – have been temporarily …

IBM Is Said To Make Far-Reaching Job Cuts Across The U.S.

IBM Corp. (IBM) is said to reduce the number of employees across the U.

Twilio To Power New York’s COVID-19 Contact Tracing Initiative; Shares Jump 7.5%  

Twilio (TWLO) announced that it will provide the communications platform to power New York City’s coronavirus contact tracing initiative sending shares up 7.5% …

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