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Latest North America news

29th May
Costco tops analysts’ estimate for revenue but falls short on earnings in the third quarter
28th May
Abercrombie & Fitch reports a 34% decline in Q1 sales as Coronavirus weighs on performance
28th May
HP Inc. revenue tanks 11% in Q2 despite higher demand for PC equipment
27th May
Amazon to buy Zoox to expand its footprint in autonomous vehicles
27th May
Papa John’s and Domino’s report a significant increase in North American same-store sales
26th May
Novavax begins 1st phase human trials of its experimental Coronavirus vaccine in Australia
26th May
Merck to acquire Themis Bioscience and join the race for COVID-19 treatments
25th May
EU antitrust regulator launches a full-scale investigation into Air Canada-Transat deal
25th May
Hertz files for Chapter 11 bankruptcy protection in the U.S as COVID-19 wipes demand
22nd May
Nvidia tops analysts’ estimates for earnings and revenue in the first quarter
21st May
Expedia sees an unprecedented 545% increase in adjusted net loss in Q1
21st May
Best Buy tops analysts’ estimates for earnings and revenue in the first quarter
21st May
Evotec acquires U.S-based Just Biotherapeutics for £73.59 million
20th May
Lowe’s jumps 6% on stronger than expected Q1 earnings report but suspends full-year guidance
20th May
Target reports a 141% increase in digital sales in the first quarter
20th May
U.S. FDA approves AstraZeneca and Merck’s Lynparza as a treatment for prostate cancer
19th May
Home Depot’s first-quarter sales surge 7% despite Coronavirus restrictions
19th May
Kohl’s reports a 43.5% decline in net sales as COVID-19 shuts stores in the first quarter
19th May
Vroom files for an initial public offering in the U.S after seven years of operations
18th May
SoftBank looks to sell its stake in T-Mobile U.S as annual operating loss expands to £10.42 billion
18th May
Berkshire Hathaway slashes its stake in Goldman Sachs by 84%
16th May
China to blacklist U.S companies including Apple as retaliation to new restrictions on Huawei
16th May
Amazon to send an appropriate executive in place of Jeff Bezos to testify to the U.S Congress
15th May
Apple Inc. acquires California-based virtual reality startup NextVR
15th May
Aurora Cannabis’ quarterly loss contracts as consumers stockpile ahead of lockdown
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