As the coronavirus pandemic drives up online orders of groceries and other household essentials, ecommerce giant Amazon is taking a break from its two-year-old Amazon Shipping pilot program in the U.S.âin a move seen as potentially benefiting package …
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(Reuters) – Costco Wholesale Corp reported a 9.6% jump in March comparable sales, as customers stocked up on essentials to weather coronavirus-led lockdowns. U.S. comparable sales rose 10.7% for five weeks ended April 5, while e-commerce sales …
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(Reuters) – Starbucks Corp (SBUX.O) on Wednesday forecast a 47% drop in second-quarter earnings, scrapped its full-year forecast and warned that the financial hit from the coronavirus pandemic would extend into the final quarter of 2020. The company …
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According to the Mortgage Bankers Association, forbearance requests jumped 1,270% between March 2 and March 16 and another 1,896% between March 16 and March 30. In total, 2.66% of all mortgage loans are now in forbearanceâa type of relief …
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WASHINGTON (Reuters) – The Federal Communications Commission (FCC) on Wednesday approved Alphabet Inc unit Google’s (GOOGL.O) request to use part of an U.S.-Asia undersea telecommunications cable after the company warned it would face …
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