24 Hour Fitness Uses Phone Calls to Cut Staff Across the U.S.
Gym chain 24 Hour Fitness Worldwide laid off an undisclosed number of employees in multiple states via a series of phone calls, as it struggles to address the financial impact of closures during the coronavirus pandemic.
Grubhub Nears Deal With Just Eat Takeaway.com
Grubhub is nearing a deal to combine with Just Eat Takeaway.com in a transaction that would value Grubhub at roughly $70 a share. The move comes as Grubhub prepares to turn its back on weeks of negotiations with Uber.
Amazon Suspends Police Use of Its Facial-Recognition Technology
The company said it is halting law-enforcement use of its facial-recognition technology for a year, as Congress takes steps to regulate such tools amid widespread criticism about racial and gender bias.
States Sue Drug Companies, Executives Over Alleged Price Fixing
The Connecticut attorney general, along with 50 other states and territories, has filed a third lawsuit against generic drug manufacturers and executives for allegedly inflating prices.
Tyson Foods Cooperating in Price-Fixing Probe
The leading U.S. chicken producer said it is aiding in a Justice Department price-fixing investigation under a leniency program that would allow the company to avoid criminal prosecution.
Volkswagen Delays Key Electric Car Launch Amid Software Troubles
The German auto maker said its flagship electric car model, the ID.3 hatchback, wouldn't be delivered to customers until September, several months later than originally planned after software glitches delayed production.
Tesla Shares Soar Past $1,000 on Plan to Move Forward With Semi Truck
Tesla investors pushed the auto maker's stock to more than $1,000 a share, lifting its valuation nearer to Toyota's, after Elon Musk told employees it was time to begin volume production of the company's long-promised, all-electric semitrailer truck.
Looming Hertz Delisting Pulls Shares Back to Earth
Hertz shares, after a brief head-scratching rally, are now in danger of being ejected from the New York Stock Exchange, calming a speculative frenzy around the bankrupt car-rental company.
Simon Property Ends Taubman Deal as Coronavirus Hits Retail
Simon Property Group is terminating its $3.6 billion deal to acquire Taubman Centers, saying the rival mall owner didn't respond appropriately to the business challenges caused by the coronavirus pandemic.
Fox News Host Tucker Carlson Leaves the Daily Caller
Tucker Carlson is leaving the Daily Caller, the conservative digital publication he co-founded a decade ago, a move that he said would help him focus on his opinion show on Fox News.
