News Highlights: Top Company News of the Day
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
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
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
(END) Dow Jones Newswires
July 01, 2020 23:00 ET (03:00 GMT)
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