Moderna Q3 Revenues Beat Estimates
The biotech is preparing for the global launch of its potential COVID-19 vaccine.
Boeing Posts $466M Loss, Announces Job Cuts
The company is battling reduced demand amid the COVID-19 pandemic, with commercial aircraft sales down 56% in Q3.
Cloud Growth Drives Microsoft Earnings Beat
Microsoft has benefited from businesses accelerating the shift to cloud infrastructure and applications due to the COVID-19 pandemic.
HSBC Beats Estimates, May Resume Dividend
“These were promising results against a backdrop of the continuing impacts of COVID-19 on the global economy."
SAP Shares Fall 23% on Q3 Results, Guidance
“COVID-19 has created an inflection point for our customers," the company said as it announced a "strategic pivot" to cloud computing.
China’s Economy Grows Nearly 5%
“China's economy continued its rapid rebound last quarter, with the recovery broadening out and becoming less reliant on investment-led stimulus.”
Recurring Revenue Makes Forecasting the Recovery Easier
Software companies that generate recurring revenue effectively dodge the planning and forecasting ambiguities confronting other finance teams.
Wells Fargo Fires Over 100 Employees for Alleged COVID-19 Relief Fraud
The bank’s internal investigation found up to 125 employees applied for relief intended for small businesses.
7 Ways COVID-19 Will Transform Health Care
The pandemic could promote disruptive innovation to lower costs, but it will take pressure from the business community to make it happen.
Disney Reorganizes to Focus on Streaming
The reorganization comes as the coronavirus pandemic has closed parks and stalled film production.
Is Remote Work Working?
CFOs are using months of experience with remote work and the uncertainty of COVID-19’s path to plan for a post-pandemic workplace.