Cheesecake Factory Fined Over COVID Disclosures
In the first enforcement action of its kind, the SEC says the company falsely claimed its restaurants were "operating sustainably" during the pandemic.
2021 Wish List
Remote work, small businesses, the federal government's balance sheet, health care — they will all require attention.
Warner Bros. to Release 2021 Movies on HBO Max
The studio's departure from the traditional distribution model could "fundamentally change the way people watch movies years after coronavirus fades.”
Do You Remember?: The Quiz
Take our quiz on these finance news stories to see how many you might have already forgotten.
Exxon to Take Record Writedown, Slash Spending
The "high-grading" of Exxon's asset base will enable it to "manage future commodity price cycles while working to maintain a reliable dividend."
U.S. Consumer Spending Growth Slows to 0.5%
Amid the surge in coronavirus infections, “We are increasingly worried that the monthly gains in consumption will be weaker."
Core Capital Goods Orders Rise 0.7% in October
The continued improvement in the key measure of U.S. business investment suggests manufacturers are optimistic about a return to normalcy next year.
Unlocking Digital Value Creation
Three areas are the key to success in this new normal: cloud-based collaboration tools, advanced analytics, and adaptability.
Merck Buys OncoImmune in COVID Treatment Move
The $425 million deal gives Merck access to a promising therapy for treating seriously ill COVID-19 patients.
Norwegian Air Files for Bankruptcy in Ireland
The filing follows the decision of Norway’s government last week not to provide the low-cost airline with further financial aid.
Airbnb IPO Filing Shows Rebound From Virus Shock
“Our business rebounded faster than anyone expected, and it showed that as the world changes, our model is able to adapt."