McDonald's raises $6.5 billion in cash, sees same-store sales fall in Q1

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McDonald's raises $6.5 billion in cash, sees same-store sales fall in Q1

McDonald’s Corp. MCD, +0.37% said on Wednesday that it has raised $6.5 billion in cash in the debt markets during the first quarter. That includes $2 billion of debt issuances, a $1 billion draw down from a new short-term line of credit and an additional $3.5 …
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California Will Let Startup Nuro Test Driverless Delivery Vehicles

California’s Department of Motor Vehicles on Tuesday authorized autonomous technology startup Nuro to test two driverless delivery vehicles in nine cities, a decision that comes as coronavirus concerns lock down many in the state. U.S. companies that …
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General Motors to Build 30000 Ventilators for US Stockpile for $489 Million

General Motors (NYSE:GM) will build 30,000 hospital ventilators for the U.S. government’s stockpile for $489.4 million, federal officials said on Wednesday morning. The U.S. Department of Health and Human Services (HHS) said that this contract is the first for …
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What it's like to be a real estate agent during the COVID-19 pandemic

Beth Lowe is a real estate agent based in Smithtown, New York, who has been selling houses on Long Island and in parts of New York City for the past 10 years with Exit Realty. She currently serves as chair of the political action committee for the Long Island …
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Nuro gets OK to test its driverless delivery vehicles on California public roads

Autonomous delivery startup Nuro has been granted a permit to begin driverless testing on California’s public roads, paving the way for the company to roll out commercial operations throughout the state. Nuro, which raised $940 million from SoftBank Vision …
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