Remote Workers, Learners Power Dell Sales
Dell's computer sales benefited in the second quarter from strong demand in the government sector and in education.
Beware of the Working Capital Safety Net
Could government stimulus be creating a false sense of security?
American Airlines to Suspend Flights to 15 U.S. Cities
The service cuts will take place once the terms of federal aid requiring the flights expires.
Don’t Let COVID-19 Kill Your Deal
Tech startups eager to complete M&A and venturing financings during the pandemic will want to follow these best practices.
The Prospect of Higher Taxes Could Spur Rush of Year-End PE Deals
Many PE players are starting to assess which way the political and fiscal winds are blowing and to work on getting deals done.
MetLife Earnings Tumble 43% to $758M in Q2
The insurer's profit drop reflected a 13% decline in net investment income and $710 million in net derivative losses.
The Hidden Tax Obligations in Financial Restructuring
Since a restructuring always creates a taxable event, stakeholders must carefully consider where the tax liability goes and how it may impact them.
Virgin Atlantic Files for Chapter 15 Bankruptcy Protection
The U.K. based carrier is pursuing a $1.5 billion restructuring.
U.S. Consumer Spending Rises 5.6% in June
"The explosion of COVID-19 infections ... is casting doubt on the magnitude of the expected surge in third-quarter consumer spending."
California Pizza Kitchen Files for Bankruptcy
“For many restaurants, the COVID-19 pandemic will be the greatest challenge they will ever face; for some, it may also be their last.”
GE Beats Revenue Estimates, Reports Q2 Loss
Revenues were mainly driven by sales in the power and renewable energy divisions.