Treasury Secretary Steven Mnuchin on Tuesday criticized the top Democrats for what he categorized as idiosyncratic tactics and refusal to discuss any “reasonable deal” to provide relief to U.S. consumers and businesses affected by the Covid-19 pandemic. Wall Street had hoped that Mnuchin would support reports published on Monday night …
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Quest Diagnostics, one of the largest providers of diagnostic tests in the country, said late Monday that it has reduced its coronavirus testing turnaround time to one to two days for all patients, down from more than seven days a month ago. The company and other labs are struggling to …
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Canoo CEO Ulrich Kranz likes to call his first model of the EV subscription a ‘spaceship’ rather than an ‘air on wheels’. Soon he expects to need the money to build Canoo’s initial model, which looks like a cross between a van and a shuttle bus. “This is going to …
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A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Kohl’s revenue fell 23% during the fiscal second quarter, the retailer said Tuesday, which was not as bad as analysts feared as the coronavirus pandemic forced stores to close in the US …
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(Reuters) – Amazon.com Inc. is in preliminary talks to invest in U.S. cloud service provider Rackspace Technology Inc., people familiar with the discussion said Monday. PHILO PHOTO: Signage seen at an Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly The deal …
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