The fast-food giant is seeking to recoup tens of millions of dollars it paid to Steve Easterbrook in severance and benefits, alleging that he lied to the board about sexual relationships with employees before his ouster last fall.145
Marriott posted a larger-than-expected quarterly loss, though a budding recovery in China offered signs of hope as the pandemic continues to pound the lodging industry.
IAC/InterActiveCorp. has spent just over $1 billion to build a 12% stake in MGM Resorts and plans to help the casino operator expand its online-gambling business.
Kodak shares lost more than a quarter of their value Monday after news that a planned $765 million loan to the company was put on hold amid congressional and regulatory scrutiny.
Toilet paper and frozen vegetables are making a comeback, but other backlogs in the supply chain are causing bare shelves and higher prices. Here is a charts-filled look at supermarket shelves during the pandemic.
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Nikola says it secured an order to make at least 2,500 electric garbage trucks for refuse giant Republic Services, fulfilling one of the electric-vehicle startup’s three major business goals for the year.
Carvana, an online-only seller of used vehicles, is generating new interest from both car buyers and Wall Street as its business benefits from the burst in internet shopping.
Heard on the Street
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Heard on the Street
