 | | | | Nike Inc on Thursday reported a loss for the fourth quarter, as retailers had to shut stores for weeks due to lockdowns spurred by the COVID-19 pandemic, sending shares of the world's largest footwear company down 3.5%. | | | | | | Wall Street's main indexes closed higher in choppy trading on Thursday, with bank stocks soaring ahead of annual stress test results and helping to offset investor jitters over alarming increases in new coronavirus cases. | | | | | | Global equity benchmarks moved higher in choppy trading on Thursday as investors gauged the potential economic impact of a surge in U.S. coronavirus cases and loosening restrictions on the U.S. banking sector, while perceived safe-haven assets, including U.S. Treasuries and the dollar, edged higher. | | | | | | Walt Disney Co said on Thursday it will renovate its Splash Mountain theme park ride to feature Tiana, the entertainment company's first Black princess and the star of 2009 animated film "The Princess and the Frog." | | | | | | The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil Corp , BP Plc, Chevron Corp, and Royal Dutch Shell Plc for "systematically and intentionally misleading" consumers about the role their products play in causing climate change, the latest action by a U.S. attorney general against the oil and gas industry. | | | | | | Harley-Davidson Inc said on Thursday it will cut about 140 jobs in the United States following the motorcycle maker's decision to adjust production volumes. | | | | | | The U.S. dollar gained on Thursday due to safety buying as fears grew over a rapid rise in coronavirus infections in some U.S. states, and as trade tensions worsened between the United States and the European Union. | | | | | | Amazon.com Inc has secured the naming rights to the new home stadium for the National Hockey League's Seattle franchise and pledged to make it the first ever net-zero carbon certified arena, the online retailer said on Thursday. | | | | | | Markets for stocks and other risky assets could suffer a second swoon if the coronavirus spreads more widely, lockdowns are reimposed or trade tensions surge again, the International Monetary Fund warned on Thursday. | | | | | | Oil prices rose about 2% in a volatile session on Thursday, buoyed by signs of a marginal improvement in the U.S. economy and a tepid rise in fuel demand, but price gains were limited by rising cases of COVID-19 in some U.S. states. | | | | | | Gulf airline Emirates needs to redefine its strategy after the coronavirus pandemic brought global aviation to a near halt, its chief operating officer said on Thursday, flagging an increased focus on bringing more visitors to Dubai. | | | | | |
