U.S. GDP Contracts 5% in Q1 as Corporate, Consumer Spending Plunge
The coronavirus pandemic triggered 'rapid changes in demand' as governments issued stay-at-home orders.
Workday Beats Estimates on 23% Sales Growth
The enterprise software maker lowered its full-year guidance, citing the effects of the coronavirus crisis on new business bookings.
Tuesday Morning Joins Retail Chapter 11 Parade
The discounter's in-store sales only business model left it unable to weather the fallout from the coronavirus pandemic.
Merck Enters Race to Develop COVID Vaccine
The world's largest vaccine maker is no longer on the COVID sidelines after acquiring an Austrian biotech and teaming up with a nonprofit.
The Case for a Partnership Between Trade Credit Insurers and the U.S. Government
Lack of support for the trade credit industry means eliminating a safety net that keeps many businesses going.
Rolls-Royce to Cut 9,000 Jobs Amid Coronavirus Crisis
Most of the cuts will come in the civil aerospace division, which makes engines for Boeing and Airbus.
How Cannabis Cultivator Grassroots Upped Its Digital Game When States Shut Down
Grassroots had to pivot almost overnight when shelter-in-place mandates were ordered.
4 Behaviors That Empower CFOs to Lead With Compassion
What can finance leaders do to promote a healthy psychological and emotional perspective on the current crisis?
JCPenney Files Chapter 11 Despite Turnaround Gains
The iconic retailer says the progress it had been making after years of declining sales "was wiped out with the onset of COVID-19."
Video Game Sales Hit Record $10.8B in Q1
Consumers confined to their homes by COVID-19 are turning to games not only as a diversion but also for social connection.
Denny’s Off-Premise Sales Soften COVID Impact
With dine-in sales shut down, the company has waived delivery fees, provided curbside pickup and launched shareable family meal packs.