 | | | | Apparel retailer Gap Inc reported a 13% rise in quarterly comparable sales on Thursday, with shoppers buying Old Navy and Athleta clothing online as its stores remained shut due to the COVID-19 pandemic. | | | | | | Dell Technologies Inc on Thursday posted a smaller-than-expected drop in quarterly revenue and beat profit estimates on robust demand for its notebooks and software products for remote work and online learning. | | | | | | China's ByteDance told engineers of its popular short-video app TikTok this week to make contingencies should it need to shut down its U.S. operations, even as it works toward divesting them, people familiar with the matter said on Thursday. | | | | | | Workday Inc on Thursday appointed Chano Fernandez as co-chief executive officer and raised its annual subscription forecast, sending the business software provider's shares up nearly 12% in extended trading. | | | | | | U.S. energy companies on Thursday were organizing crews to evaluate offshore Gulf of Mexico platforms and assess damage to coastal operations as Hurricane Laura took its fierce winds inland. | | | | | | The S&P 500 and the Dow advanced but the Nasdaq closed lower on Thursday as investors digested the U.S. Federal Reserve's new strategy to adopt an average inflation target and restore the United States to full employment, as well as a promising development in the fight to contain the coronavirus pandemic. | | | | | | A telephone call on coronavirus economic relief between U.S. House Speaker Nancy Pelosi and an adviser to President Donald Trump ended on Thursday with no breakthrough, and Pelosi said talks would not resume until the Trump administration agreed to $2.2 trillion in aid. | | | | | | A gauge of world equity markets and the dollar rose on Thursday after the U.S. Federal Reserve said it would roll out an aggressive new strategy that aims to boost employment and allow inflation to run a bit faster for longer than in the past. | | | | | | German drugs company Bayer AG's $11 billion settlement of thousands of U.S. lawsuits over its Roundup weed killer is less defined than the company disclosed, a judge overseeing the suits said, Bloomberg News reported on Thursday. | | | | | | Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country. | | | | | |
