Zoom Lifts Full-Year Sales Outlook as Coronavirus Boosts Demand

Zoom Video Communications Inc. raised its full-year outlook for sales after they more than doubled in the first quarter, as a surge in users working…

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Bain, Cyrus Picked as Top Bidders for Virgin Australia Assets

Investment firms Bain Capital and Cyrus Capital Partners were selected as top contenders on Tuesday to acquire the assets of Virgin Australia Holdings Ltd., which…

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Coty Appoints Chairman Peter Harf as CEO to Spearhead Turnaround

Coty Inc. on Monday appointed its fourth new chief executive in less than four years, and finalized its $2.5 billion deal to sell a majority…

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Semiconductor Industry to Lobby for Billions to Boost U.S. Manufacturing

The American semiconductor industry is gearing up for a lobbying push to obtain billions of dollars in federal funding for factory building and research to…

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Comcast, Charter and ViacomCBS Join Forces to Make TV Commercials More Targeted

Three of the nation’s largest pay-TV companies are taking joint ownership of a platform designed to make it easier for brands to harness data to…

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Salesforce Trims Full-Year Outlook in Response to Coronavirus

Salesforce.com Inc. cut its full-year earnings outlook as the company said it provided payment relief to some customers and made new investments in the face…

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Hertz Fleet Losing Value by the Day, Hindering Restructuring Efforts

The roughly 700,000 rental cars that are the lifeblood of Hertz Global Holdings Inc.’s business are losing value rapidly, posing a challenge to bondholders’ repayment…

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Boeing and Airbus Study How Coronavirus Behaves During Air Travel

Boeing Co. and Airbus SE are researching the new coronavirus’s behavior inside jetliners, part of an industry push to curb risks that have brought air…

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