McDonald’s said its investigation into former CEO Steve Easterbrook’s conduct is examining whether he covered up improprieties by other employees alongside allegations of potential misconduct within the human-resources department.
The blue-chip index will include only one energy stock, Chevron, which will represent just 2.1% of the price-weighted index.
The carrier is preparing to downsize to cope with the coronavirus pandemic’s blow to travel demand, which isn’t expected to rebound for years.
The Justice Department’s antitrust division brought the case in a Pennsylvania federal court, alleging Teva Pharmaceuticals USA engaged in anticompetitive conduct that resulted in at least $350 million in overcharges to consumers.
U.S. businesses in China are pushing back against a looming Trump administration ban on Tencent’s WeChat app, with a report shedding light on just how vital the tool is to companies doing business in the world’s second-largest economy.
Business-software provider Salesforce.com posted record quarterly sales and raised its full-year revenue guidance, showcasing the sustained appetite for cloud-computing services during the coronavirus pandemic.
The car maker is taking the unusual step of tapping salaried employees to keep the lines running at a plant near St. Louis as the pandemic continues impact staffing. GM’s move drew objections from union leaders.