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Latest North America news

19th June
Apple to close 11 of its stores in 4 U.S. states as COVID-19 cases continue to rise
19th June
CarMax tops analysts’ estimates for earnings and revenue in the fiscal first quarter
18th June
Amazon says it will hire 3,000 new employees in South Africa for a range of work from home positions
18th June
Carnival Corp’s preliminary Q2 results report a record £3.54 billion in losses
18th June
Kroger tops analysts’ estimates for earnings and revenue in the first quarter
17th June
Southwest Airlines says its cash reserves are sufficient to sustain business for two more years
17th June
Oracle tanks 5% as the company reports a 6% year over year decline in Q4 revenue
16th June
Royalty Pharma’s market value increases by more than 50% as it begins trading on Tuesday
16th June
McDonald’s says its global sales dropped 30% in the first 2 months of the current quarter
16th June
Lennar reports a 27% year over year increase in Q2 earnings despite COVID-19 restrictions
15th June
Hertz announces a £400 million share sale to help creditors recover more claims
15th June
Nokia announces Broadcom as its third partner to develop 5G chips
13th June
Commerzbank chairman rejects Cerberus’ demand for two seats on its supervisory board
13th June
Cineworld abandons its £1.32 billion merger deal with Cineplex
12th June
Adobe releases an upbeat Q2 earnings report on a higher demand for digital products
12th June
Lululemon’s sales decline 17% as Coronavirus shuts stores in the first quarter
11th June
Exxon to restart the sale of its British North Sea assets after a delay due to COVID-19
11th June
Regeneron Pharmaceuticals starts human trials of its candidate antibody cocktail for COVID-19
10th June
Red Robin’s quarterly loss widens more than expected as Coronavirus weighs on performance
10th June
Starbucks estimates a £2.50 billion hit to its revenue in Q3 due to the Coronavirus pandemic
9th June
Tiffany & Co. comparable-store sales tank 44% in Q1 as Coronavirus shuts stores
9th June
Stitch Fix swings to a £26.80 million net loss in Q3 as Coronavirus disrupts the supply chain
8th June
PG&E to raise £4.54 billion via public offerings to exit bankruptcy
5th June
Bombardier to slash 2,500 aviation jobs as COVID-19 weighs on travel demand
5th June
Broadcom’s revenue jumps to £4.53 billion in the second quarter
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