 | | | | Electric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, the companies said on Monday. | | | | | | Luckin Coffee Inc said on Monday co-founder and chairman Charles Zhengyao Lu has stepped down and will be replaced by acting Chief Executive Officer Jinyi Guo. | | | | | | The S&P 500 and Nasdaq ended lower on Monday, pulled down by Amazon, Microsoft and other recent big-name leaders of Wall Street's recent rally. | | | | | | Tulsa, Oklahoma, is an oil-industry town with a 75-foot (23 m) statue called "The Golden Driller." | | | | | | Southwest Airlines Chief Executive Gary Kelly told employees on Monday that he was concerned about the impact of a recent rise in COVID-19 cases and quarantines on already-weak travel demand and said passenger numbers would need to triple by the end of the year to prevent job cuts. | | | | | | World equity benchmarks reversed course after hitting a five-month peak on Monday while safe-haven U.S. government bonds and gold gained, as optimism about a global economic recovery was overtaken by renewed fears amid record numbers of new coronavirus cases in the U.S. | | | | | | The dollar edged lower on Monday as investors looked to U.S. corporate earnings and upcoming retail data to gauge whether guarded optimism on the economic outlook was justified. | | | | | | EasyJet's new chief operating officer, Peter Bellew, will face a vote of confidence from pilots this week, the British Airline Pilots Association (BALPA) said on Monday. | | | | | | The fried chicken chain KFC has closed dining rooms in corporate-owned stores in Florida because of the escalation in coronavirus cases in the state, according to a letter seen by Reuters. | | | | | | American Airlines is preparing to send notices of potential furloughs, as well as early retirement packages to encourage voluntary departures, to its workers later this week, two people familiar with the matter said. | | | | | | Apple Inc has told its staff that a full return to U.S. offices will not occur before the end of the year, Bloomberg News reported on Monday, citing an internal video message. | | | | | |
