Covia Files Bankruptcy, Pact Would Hand Lenders Company

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Covia Files Bankruptcy, Pact Would Hand Lenders Company

Covia Holdings Corp., a supplier of sand and other mineral products to the oil and gas industry, filed for Chapter 11 bankruptcy in federal court in the Southern District of Texas on Monday. The company has a restructuring support agreement with holders of …
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Fed Officials Commit to Fighting Racism as an 'Economic Issue'

(Bloomberg) — Two Federal Reserve presidents said the central bank is committed to fighting racism as an economic issue, following increased disparity in U.S. labor market fortunes this year amid the coronavirus-induced recession. “I think you have seen a …
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Apple Cancels Some Arcade Games in Strategy Shift To Keep Subscribers

Bloomberg's daily technology newsletter is chronicling the impact of Covid-19 on the global tech industry. Sign up here. Apple Inc. has shifted the
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FedEx Reports Better-Than-Expected Revenue as Residential Deliveries Surge

FedEx Corp. FDX 4.21% reported better-than-expected revenue in the latest quarter and said residential deliveries surged as people turned to online shopping. The delivery company reported revenue of $17.4 billion for its fiscal fourth quarter, more than Wall …
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Fauci Says US Risks 100000 Daily Cases in Dire Virus Warning

WATCH: Dr. Anthony Fauci says there could be 100,000 cases of Covid-19 a day in the U.S.. Source: Bloomberg). “The numbers speak for themselves. I'
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