CLEVELAND â One of Cleveland’s most beloved restaurants has closed its doors temporarily due to the ongoing COVID-19 pandemic. In a letter posted on its social media platforms, Great Lakes Brewing Co. announced that beginning Wednesday, it will …
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(This story is for CNBC PRO subscribers only.) Wall Street analysts have been touting Amazon as the ultimate beneficiary of the coronavirus pandemic. Now the company has a chance to prove it when it reports second-quarter earnings on Thursday after the …
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Shares of PayPal Holdings Inc. PYPL, +4.72% were up about 2% in after-hours trading Wednesday after the digital payments company topped earnings and revenue expectations amid booming growth in online transactions. PayPal posted net income of …
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Concho Resources CXO +2.4% cut its capital spending by 44% compared to the first quarter of 2020, the company said this afternoon as it touted rapid cost reductions in response to low oil prices. One of America’s top U.S. shale producers, Concho said that it …
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