Coca-Cola Plans Layoffs, Offers Buyouts to US Staff

This post was originally published on this siteCoca-Cola Co. KO 0.15% said it planned to lay off some employees and offer voluntary separations, affecting thousands at the company, as it

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Best Buy Online Gains Offset Lost Store Sales

This post was originally published on this siteBest Buy Co. BBY 2.96% said its online sales surged in the latest quarter as consumers bought laptops, appliances and other items that help them

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DraftKings Posts Wider Loss Amid Limited Sports Activity, Cites Pickup in Betting

This post was originally published on this siteDraftKings Inc. DKNG -6.80% posted a steeper-than-expected loss for the recent quarter, and shares fell 7%, though it said users have started

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CVS Raises Full-Year Expectations, Benefits From Insurance Business

This post was originally published on this siteCVS Health Corp. CVS 1.75% raised its expectations for the full year as its insurance business booked lower health-care benefit costs due to the

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Booking.com Plans to Lay Off Up to 25% of Workforce

This post was originally published on this siteBooking Holdings Inc. BKNG 0.16% said it plans to cut up to a quarter of Booking.com’s global workforce, or roughly more than 4,000 people,

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Google to take $450 million stake in ADT

This post was originally published on this siteGoogle has agreed to buy a 6.6% stake in security-monitoring provider ADT Inc. for $450 million, as part of the search-engine company’s effort

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Clorox Posts Higher Sales as Consumers Stock Up on Disinfectants

This post was originally published on this siteClorox Co. CLX 2.27% reported a 21.9% gain in sales for the latest quarter as consumers stocked up on cleaning goods and personal-care items due to

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Cigna profit and revenue top estimates

This post was originally published on this siteCigna Corp. booked higher profit and revenue for the second quarter, reflecting lower medical costs from deferred care due to the Covid-19 pandemic.

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Southwest Swings to Loss as Rise in Covid-19 Cases Stalls Improvements

This post was originally published on this siteSouthwest Airlines Co. LUV -0.95% posted a loss for the second quarter after improvements in passenger traffic stalled in July as some states in the

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New York Times Names Meredith Kopit Levien as CEO

This post was originally published on this siteThe New York Times Co. NYT -0.04% said it named Chief Operating Officer Meredith Kopit Levien as president and chief executive, succeeding Mark

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