McDonald's Halts Reopening Plans as U.S. Coronavirus Cases Grow

McDonald's is pausing the reopening of dine-in service in the U.S. as coronavirus cases continue to spread across states.

 
Pizza Hut and Wendy's Franchisee NPC Files for Bankruptcy

The nation's largest Pizza Hut and Wendy's franchisee, filed for bankruptcy and will put its burger restaurants up for sale after failing to reach a deal with Pizza Hut parent Yum Brands.

 
Apple to Shut Dozens of Stores as Coronavirus Flares

The company had been reopening locations but is now temporarily closing dozens of stores in Texas, California and other states.

 
Major Tech Company CEOs to Testify Before Congress

Top executives of Amazon, Apple, Facebook and Google will appear before the House Judiciary Committee later this month.

 
SoftBank Seeks to End Partnership With Wirecard

SoftBank Group is looking to distance itself from Wirecard, after the Japanese tech conglomerate helped arrange an investment months before the German payments company went bust.

 
FAA's Handling of Boeing 737 MAX Issues Faulted in Review

Safety fixes after the first Boeing 737 MAX crash became snarled in Federal Aviation Administration delays and repetitive analyses, wasting any chance U.S. regulators had to prevent the second fatal accident, according to an investigation by the Transportation Department's internal watchdog.

 
Coronavirus Vaccine Candidate from Pfizer, BioNTech Produces Positive Results

Researchers said an experimental coronavirus vaccine from Pfizer and partner BioNTech showed promising signs of working in an early-stage study.

 
Novartis Finalizes Settlement of Speaker Program Litigation in U.S.

As part of the settlement, Novartis said, it "agreed to new corporate integrity obligations with the Office of Inspector General of the U.S. Department of Health & Human Services that will change how the company delivers peer-to-peer programs in the U.S."

 
Semper Investment Firm Received PPP Loan

A $2.5 billion investment firm owned by Richard Parsons and Ronald Lauder received a forgivable loan from the federal government's small business loan program.

 
Coca-Cola to Close Odwalla Juice Business

It is one of the biggest brands Coke has eliminated, and is the latest sign of big brands narrowing their focus during the coronavirus pandemic.

(END) Dow Jones Newswires

July 01, 2020 23:00 ET (03:00 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.