The former Microsoft CEO said he's "very sad" and "angry" about the current events plaguing the nation due to discrimination against black people in America following the death of George Floyd.
Five Democratic senators have proposed a law calling for airlines to refund cash for all canceled flights during the pandemic, whether a carrier canceled or a consumer decided not to fly. Consumer advocates and industry observers say passage is a long shot.
Nationwide tensions appeared to ease, as thousands of demonstrators launched peaceful protests across the U.S. over the death of George Floyd while being subdued by police.
"I'm looking at the summer as if we do a good job then we can have a good fall and the fall is more essential in my mind," said Dr. Preeti Malani, chief health officer and infectious disease specialist at the University of Michigan.
New York & Co. parent RTW Retailwinds on Wednesday morning warned about its ability to continue as a going concern, and that it might be preparing to file for Chapter 11 bankruptcy protection, hit hard by the Covid-19 crisis.
Gorsky made his comments a day after announcing that J&J is committing $10 million over the next three years "to fighting racism and injustice in America."
The maker of Prego pasta sauce and Goldfish crackers now expects fiscal 2020 adjusted earnings per share of $2.87 to $2.92, up from its prior range of $2.55 to $2.60.
The company said its net loss stood at $257.2 million, or $1.54 per share, in the quarter ended May 2, compared with a profit of $40.8 million, or 23 cents per share, a year earlier, mainly due to an impairment charge of about $156 million.
Remember the "yellow vests" movement that brought France to a standstill in late 2018? Now, Italy is seeing its own grassroots, anti-government, populist movement, the "Orange Vests."