In what Dunkin’ Brands CEO Dave Hoffmann called “a good scrubbing of the portfolio,” the parent company of Dunkin’ and Baskin-Robbins said they would close up to 800 underperforming Dunkin’ locations in the United States and up to 350 locations …
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The latest electric vehicle startup to cash in on a new wave of hype and investment in the space is Li Auto, a five-year-old Chinese company that started trading on the Nasdaq on Thursday after raising $1.1 billion in an initial public offering. It’s the second …
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CHICAGO/WASHINGTON (Reuters) – United Airlines (UAL.O) has told its pilots it may need more furloughs than originally planned this year and next due to a worsening industry outlook as COVID-19 cases rise, unless there is another bailout or unions agree …
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Investors prescient enough to buy shares of Overstock.com (NASDAQ:OSTK) on March 16 at $2.53 per share should definitely celebrate today. As of 12:30 p.m. EDT on Thursday, the stock is up another 26% after reporting blowout results for the second …
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U.S. independent refiner Valero Energy VLO +0.3% recorded a net loss of $504 million as demand for gasoline and other key oil products cratered amid the COVID-19 pandemic, becoming the latest in a procession of oil and gas companies to deliver glum …
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