Whole Foods CEO John Mackey discusses the surge in sales from delivery services and how trends will change after the coronavirus pandemic ends. Kroger Co raised its annual profit forecast on Thursday, although the U.S. supermarket chain missed expectations for quarterly sales as the pace of its coronavirus-driven online growth […]
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Walmart’s Flipkart to spin off digital payments business
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Walmart Inc-controlled Indian e-commerce firm Flipkart said on Thursday it was partially spinning off PhonePe to widen the digital payments platform’s access to capital to fuel its growth. Continue Reading Below PhonePe, which competes with Alibaba-backed home-grown […]
US Congress passes bill that could delist Chinese stocks from US markets
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. The U.S. House of Representatives passed a law to kick Chinese companies off U.S. stock exchanges if they do not fully comply with the country’s auditing rules, giving President Donald Trump one more tool to threaten Beijing […]
United Airlines, American halt non-stop flights to Shanghai
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. American Airlines Group Inc and United Airlines said on Tuesday they halted non-stop flights to Shanghai from the United States and included Seoul on the route. Continue Reading Below GET FOX BUSINESS ON THE GO BY CLICKING […]
Men’s Wearhouse parent emerges from bankruptcy protection
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Tailored Brands said on Tuesday it has emerged from bankruptcy protection following a financial restructuring process that helped the U.S. men’s fashion retailer eliminate $686 million of debt from its balance sheet. Continue Reading Below GET FOX […]
Oil prices down Tuesday amid concerns over mounting supply after top producers delayed talks on 2021 output policy
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. TOKYO – Oil prices slipped on Tuesday amid concerns over mounting supply after leading producers delayed talks on 2021 output policy that could extend production cuts as the coronavirus pandemic continues to sap fuel demand. Continue Reading Below […]
Two coronavirus vaccines available in US in coming weeks: health secretary
Moderna CEO Stephane Bancel provides updates on the coronavirus vaccine after requesting an emergency authorization of the product. WASHINGTON (Reuters) – The first two vaccines against the novel coronavirus could be available to Americans before Christmas, Health Secretary Alex Azar said on Monday, after Moderna Inc became the second vaccine […]
UK secures 2M more doses of Moderna’s COVID-19 vaccine
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Britain has secured two million doses of Moderna Inc’s COVID-19 vaccine candidate, to be available in Europe as early as the spring, the government said on Sunday, in addition to the 5 million doses it secured from […]
Suspected North Korean hackers targeted coronavirus vaccine maker AstraZeneca
FOX Business Network’s Blake Burman has the latest on AstraZeneca’s COVID-19 vaccine trial. Suspected North Korean hackers have tried to break into the systems of British drugmaker AstraZeneca in recent weeks, two people with knowledge of the matter told Reuters, as the company races to deploy its vaccine for the […]
Oil prices mixed Friday, day after US Thanksgiving holiday
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. TOKYO – Oil prices were mixed on Friday in quiet trade due to the U.S. Thanksgiving holiday, with West Texas Intermediate (WTI) dropping more than 1% amid concerns about oversupply and doubts about a vaccine to end the […]