Dick's Sporting Goods (DKS) – The sporting goods retailer will furlough an unspecified number of workers starting April 12. It will pay workers until April 11, and provide health benefits throughout the furlough. A similar announcement comes this morning from Party City (PRTY), which is furloughing 90% of its store employees and 70% of those who work
Levi Strauss (LEVI) – Levi Strauss reported quarterly profit of 40 cents per share, 5 cents a share above estimates. The apparel maker's revenue
Tesla (TSLA) – Tesla will furlough all non-essential workers and cut salaries as the virus outbreak shuts down the automaker's production. Tesla currently plans to resume production on May 4.
Amazon (AMZN) – Amazon is suspending its "Amazon Shipping" service in June, according to the Wall Street Journal. The service is a competitor to United Parcel Service (UPS) and FedEx (FDX) that delivers non-Amazon packages and is available in only a few U.S.
Walt Disney (DIS) – Disney may require visitors to have their temperatures checked when it reopens its theme parks, according to Executive Chairman Bob Iger. He told Barron's the temperature check is one way to make the public feel safe about returning to the parks.
Wynn Resorts (WYNN), NCR (NCR) – Wynn and NCR raised a total of $1 billion in separate debt sales Tuesday, the first unsecured junk bond offerings since the
Boeing (BA) – Boeing is implementing two new software updates for its grounded 737 Max jet, as it moves toward securing regulatory approval to return the jet to service.
UnitedHealth (UNH) – UnitedHealth is moving to speed up payments to doctors and hospitals, with the nation's largest health insurer saying it was making the move to ease the financial stress experienced by health care providers. The accelerated payments will begin with $2 billion next week.
Zoom Video (ZM) – Zoom is the target of a class-action suit, accused of overstating privacy standards and failing to make adequate disclosures about its security.
Perrigo (PRGO) – Perrigo said it saw a sales boost in the first quarter due to the