What's News: Business & Finance -- WSJ
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (June 30, 2020).
Banks have pulled back sharply on lending to U.S. consumers
during the coronavirus crisis, in part because they can't gauge
NPC International, the owner of more than 1,200 Pizza Hut
restaurants and 385 Wendy's stores, is preparing to file for
Uber is in talks to buy Postmates for about $2.6 billion, the
latest in a series of moves to consolidate the food-delivery
BP agreed to sell its petrochemicals business to British
chemical company Ineos for $5 billion.
Reddit and Amazon-owned Twitch suspended channels used by Trump
and his supporters, saying content there violated the firms'
Ford, Clorox and Denny's joined an ad boycott against Facebook
over the company's handling of speech on its platforms.
The Fed's Powell, in prepared remarks, said the economy reopened
sooner than expected but that the push has brought new
U.S. stocks climbed, with the Dow, S&P 500 and Nasdaq
gaining 2.3%, 1.5% and 1.2%, respectively.
Gilead detailed its pricing plans for Covid-19 drug remdesivir,
saying it will charge U.S. hospitals $3,120 for a typical
Las Vegas Strip hospitality workers sued casino operators,
accusing the companies of failing to protect employees from
(END) Dow Jones Newswires
June 30, 2020 02:47 ET (06:47 GMT)
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