UPDATE 1-Sabre wins court fight with US Justice Dept over Farelogix acquisition

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UPDATE 1-Sabre wins court fight with US Justice Dept over Farelogix acquisition

(Adds Justice Department comment). WASHINGTON, April 8 (Reuters) – A U.S. judge has ruled that travel technology firm Sabre Corp may purchase software firm Farelogix Inc, after the Justice Department sued to stop the planned $360 million acquisition.
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JP Morgan trims AAPL to $335 due to ongoing store closures, weakened demand

Investment firm JP Morgan has trimmed its AAPL price target to $335 due to the expected fallout from social distancing and store closures having a larger than the previously-predicted impact on Apple’s bottom line. JP Morgan expects store closures to disrupt …
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GM To Supply Ventilators Under $489 Million Federal Contract

General Motors Corp GM. will deliver 30,000 ventilators to the Strategic National Stockpile by the end of August under a $489.4 million contract with the U.S. Department of Health and Human Services, the agency announced Wednesday. The contract comes …
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Daily Crunch: Jack Dorsey announces $1B relief fund

The CEO of Twitter and Square makes a major commitment to COVID-19 relief, Tesla shuts down its U.S. factories until May and PlayStation unveils its latest controller. Here’s your Daily Crunch for April 8, 2020. 1. Jack Dorsey creates $1B COVID-19 relief …
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McDonald's sales have plunged because of coronavirus

New York (CNN Business) McDonald’s was enjoying a great start to 2020 but that all changed once the Covid-19 pandemic hit Europe and the United States. The fast food giant reported Wednesday that sales at restaurants open at least a year plunged more …
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