Company News

The heat’s on Corporate America to reveal racial diversity data

BOSTON/LONDON (Reuters) – American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake of nationwide … Read more

Investors are waking up to a possible Biden victory in U.S. presidential election

NEW YORK (Reuters) – Investors are increasingly preparing for market volatility ahead of the U.S. presidential election, with some shifting stock positions and selling the … Read more

Tesla beats vehicle delivery estimates for second quarter, shares surge

FILE PHOTO: The Tesla logo is seen on a car at Tesla’s new showroom in Manhattan’s Meatpacking District in New York City, U.S., Dec. 14, … Read more

Twitter removes image tweet by Trump over NYT copyright complaint

(Reuters) – Twitter Inc has taken down an image tweeted by the U.S. President Donald Trump from its platform, after receiving a copyright complaint from … Read more

Police raid Wirecard HQ as administrator kicks off asset sales

FRANKFURT (Reuters) – Police and public prosecutors raided Wirecard’s headquarters in Munich and four properties in German and Austria on Wednesday as they widened their … Read more

American Airlines warns it’s overstaffed by about 8,000 flight attendants

(Reuters) – American Airlines Group Inc (AAL.O) warns it is overstaffed by about 8,000 flight attendants and might reduce its workforce through early retirements and … Read more

SoftBank-backed Lemonade raises $319 million in IPO

(Reuters) – Insurance startup Lemonade Inc, which is backed by SoftBank Group Corp said it raised $319 million in its U.S. initial public offering. Lemonade … Read more

Oxford COVID-19 vaccine developers encouraged by immune response but cautious on timeframe

LONDON (Reuters) – A leading scientist behind the University of Oxford’s potential COVID-19 vaccine said on Wednesday the team has seen the right sort of … Read more

BioNTech and Pfizer’s COVID-19 vaccine shows potential in human trial

FRANKFURT (Reuters) – A COVID-19 vaccine developed by German biotech firm BioNTech and U.S. pharmaceutical giant Pfizer has shown potential and was found to be … Read more