Brookfield Threatens to Drop Virgin Australia Bid: Sydney Herald

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Brookfield Threatens to Drop Virgin Australia Bid: Sydney Herald

Brookfield has threatened to walk away from the Virgin Australia bidding process over frustration with how Deloitte is managing the process, the Sydney Morning Herald reported. Brookfield’s concerns include a belief that the process was overly complicated …
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Fiat Chrysler seeks $6.8 billion credit line

Milan — Fiat Chrysler Automobiles NV is in talks to set up a EUR6.3 billion ($6.81 billion) credit line guaranteed by the Italian government, as the Italian-American car maker shores up its finances in the midst of the coronavirus pandemic and works to complete …
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Despite the Coronavirus, Keurig Dr Pepper Reaffirms 2020 Guidance

After the market closed on Monday, beverage giant Keurig Dr Pepper (NYSE:KDP) released first-quarter 2020 results that were good enough to excite investors. Quarterly net sales grew 4% year over year to $2.6 billion, and non-GAAP (adjusted) earnings per …
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Tesla stock falls as extended shelter order dampens hope for California factory

Shares of Tesla Inc. TSLA, +10.15% fell in the extended session Monday after San Francisco Bay Area authorities extended the regional shelter-in-place orders through the end of May, quashing hopes that Tesla’s Fremont, Calif., factory would restart soon.
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US plans expansion of testing at Walgreens, other retail locations

Walgreens said it planned to open testing sites in 49 states and Puerto Rico, with the ability to test 50,000 people a week. Tweet · Share; More. Share · Email · Reprints Print. Bloomberg. (Bloomberg)—The U.S. is planning a major expansion of coronavirus …
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