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.

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 US 

Novartis on Wednesday said it finalized an agreement with the U.S. Attorney's Office for the Southern District of New York, the New York State Attorney General and relator Oswald Bilotta, which will see it pay a $678 million settlement.

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.

Car Sales Fell in the Second Quarter, Despite Deals and Covid-19 Stimulus 

Major auto makers reported sharp drops in second-quarter U.S. vehicle sales, as sweet discounts and financing deals weren't enough to offset factory and dealership closures from the Covid-19 pandemic.


(END) Dow Jones Newswires

July 01, 2020 21:15 ET (01:15 GMT)

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