Financial performance

In this Oct. 8, 2019 photo, a person walks by a SoftBank shop in Tokyo. Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments, including troubled office space-sharing venture WeWork. (AP Photo/Eugene Hoshiko)
May 18, 2020 - 5:22 am
TOKYO (AP) — Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments including troubled office space-sharing venture WeWork. SoftBank, founded in 1981, said Monday the...
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FILE - In this May 8, 2020, file photo, a J.C. Penney store sits closed in Roseville, Mich. The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. Penney said late Friday, May 15, 2020, it will be closing some stores and will be disclosing details and timing in the next few weeks. (AP Photo/Paul Sancya, File)
May 15, 2020 - 8:57 pm
NEW YORK (AP) — The coronavirus pandemic has pushed the storied but troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. As part of its reorganization, the 118-year-old company said late Friday it will be shuttering some stores...
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A combo of recent images and filed on Friday May 15, 2020 of pubs that are closed due to the coronavirus pandemic. Britain's 47,000 or so pubs were told to close their doors on March 20, three days before Prime Minister Boris Johnson announced the full lockdown. The pub holds a special place in British culture, unmatched anywhere else in the world. They are key building blocks of a shared identity and shared connections from the tiniest hamlet in cider country in southwest England, to the more whisky-focused havens in Scotland's Shetland Islands. (AP Photo/Matt Dunham)
May 15, 2020 - 8:27 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global response, the work place and the spread of the virus. ________________________ TEUTONIC SHIFT: Germany — Europe's biggest economy —...
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FILE - In this May 22, 2013, file photo, Sony's logo is seen outside the company's headquarters in Tokyo. Japanese electronics and entertainment company Sony Corp. reported Wednesday that its quarterly profit tumbled as the coronavirus pandemic delayed music and movie releases and disrupted product supply chains. (AP Photo/Itsuo Inouye, File)
May 13, 2020 - 4:34 am
TOKYO (AP) — Japanese electronics and entertainment company Sony Corp. reported Wednesday that its quarterly profit tumbled as the coronavirus pandemic delayed music and movie releases and disrupted product supply chains. Tokyo-based Sony's profit in January-March crashed 86% to 12.6 billion yen ($...
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A container ship is docked at Maher Terminals in Elizabeth, N.J., Monday, May 11, 2020. (AP Photo/Mark Lennihan)
May 13, 2020 - 4:33 am
COPENHAGEN, Denmark (AP) — The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, said Wednesday that it expects its transport volumes to drop by up to 25% in the second quarter as the world economy slides toward recession. CEO Soeren Skou said that the group was “strongly positioned...
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FILE - In this Nov. 6, 2019, file photo, a restaurant advertises Uber Eats in the Coconut Grove neighborhood in Miami. The Wall Street Journal reports that Uber is considering acquiring Grubhub in a deal that would give the companies control over a majority of the U.S. food delivery business. Citing anonymous sources, the newspaper says Uber approached Grubhub earlier this year with an all-stock takeover offer. (AP Photo/Lynne Sladky, File)
May 12, 2020 - 7:41 pm
NEW YORK (AP) — Uber is considering acquiring Grubhub in a deal that would give the companies control over a majority of the U.S. food delivery business, according to published reports. Ride-sharing and food delivery giant Uber Technologies Inc. approached Grubhub Inc. earlier this year with an all...
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FILE - In this July 31, 2019, file photo, Honda cars are displayed at the automaker's headquarters in Tokyo. The Japanese automaker sank deeper into losses for the fiscal quarter ended in March, 2020, as the damage to the industry set off by the coronavirus outbreak hurt sales and crimped production. Tokyo-based Honda reported Tuesday, May 12, 2020, a January-March loss of 29.5 billion yen ($276 million). (AP Photo/Koji Sasahara, File)
May 12, 2020 - 5:21 am
TOKYO (AP) — Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production. Tokyo-based Honda reported Tuesday a January-March loss of 29.5 billion yen ($276...
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FILE- This Feb. 15, 2018, file photo shows the Toyota logo on the trunk of a 2018 Toyota Prius on display at the Pittsburgh Auto Show. Toyota Motor Corp. reported Tuesday, May 12, 2020 a sharp plunge in fiscal fourth quarter profit as the global pandemic slammed vehicle sales and halted production at its auto plants. (AP Photo/Gene J. Puskar, File)
May 12, 2020 - 2:22 am
TOKYO (AP) — Toyota Motor Corp. reported Tuesday a sharp plunge in fiscal fourth quarter profit as the global pandemic slammed vehicle sales and halted production at its auto plants. Japan's top automaker logged a net profit of 63.1 billion yen ($590 million) for the quarter ended in March, nose-...
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FILE - In this March 17, 2020 file photo, aircraft from the Avianca airline sit parked at La Aurora airport in Guatemala City. Avianca’s Chief financial officer Adrian Neuhauser said the airline is asking various governments, including Colombia’s, for help in ensuring it has liquidity to operate during its Chapter 11 proceeding, which could last up to 18 months. (AP Photo/Moises Castillo, File)
May 11, 2020 - 6:57 pm
BOGOTA, Colombia (AP) — Latin American airline giant Avianca is hoping to sail into smoother skies after a Chapter 11 bankruptcy filing – but it will take more to keep the region’s second largest carrier afloat. Colombian Finance Minister Alberto Carrasquilla signaled Monday that a government loan...
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Leslie Musumecci checks a text while Emily Summerville rinses her hair Monday, May 11, 2020 at The Nook on 7th Street in Tuscaloosa, Ala. the first time since mid-March when personal contact businesses were shut down due to COVID-19 restrictions. Summerville owns The Nook with her husband. She said they had fielded many calls for appointments and were doing their best to accommodate those who had waited the longest to get them in first. (Gary Cosby Jr./Tuscaloosa News via AP)
May 11, 2020 - 6:55 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to national and global response, the work place and the spread of the virus. ________________________ EARNINGS SEASON: The damage from the pandemic is playing...
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