Microsoft Pauses Advertisements on Facebook, Instagram Globally
The company is concerned over the content that runs next to its ads.
Shale Oil Company Chesapeake Energy Files for Bankruptcy
The company said it will eliminate $7 billion in debt though the restructuring.
Olive Garden Owner Reports Better-Than-Expected Q4
As of June 22, 91% of the company's dining rooms were open with at least limited capacity.
Congress Looks to Support Charities With Tax Breaks
Two senators want to let taxpayers deduct charitable donations even if they don’t itemize their deductions.
Grocery Retailer Albertsons Plans to Raise $1.3B in IPO
The company will be valued anywhere between $10.45 billion and $11.61 billion based on the lower and upper ranges of its IPO price.
DoorDash Sued for Flouting Gig-Worker Law
The California lawsuit contends that the delivery company willingly misclassified employees to reduce business costs.
BP Faces $17.5B Q2 Hit
The oil giant lowered its oil price expectations through 2050 due to the COVID-19 pandemic.
Instacart Worth $14B After Latest Financing Round
The COVID-19 pandemic created a "massive shift" in the grocery industry space, Instacart says.
Johnson & Johnson to Start COVID-19 Vaccine Trials in July
The healthcare giant moved up the coronavirus human clinical trials timeline by about two months.
Starbucks Sees ‘Rapidly Evolving’ Consumer Preferences
The coffee chain said it expects to accelerate the development of pickup locations in major U.S. cities over the next 18 months.