Financial performance

FILE - In this May 17, 2019, file photo, a car leaves a Shell station after getting gas in Sacramento, USA. Royal Dutch Shell said Thursday July 30, 2020, that its second-quarter earnings plunged 82% as the COVID-19 global pandemic slashed energy prices and demand. (AP Photo/Rich Pedroncelli, File)
July 30, 2020 - 3:55 am
LONDON (AP) — Royal Dutch Shell said Thursday that its second-quarter earnings plunged 82% as the COVID-19 pandemic slashed energy prices and demand. Shell reported that adjusted profit, which excludes one-time items and changes in the value of inventories, dropped to $638 million from $3.46...
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FILE - In this file photo dated Thursday, July 9, 2020, the logo of Airbus group is displayed in Toulouse, south of France. European plane maker Airbus said Thursday July 30, 2020, its deliveries halved during the first six months of the year as travel collapsed during the coronavirus pandemic, with revenue sliding almost 40% to 18.9 billion euros. (AP Photo/Manuel Blondeau, FILE)
July 30, 2020 - 3:36 am
PARIS (AP) — European plane maker Airbus saw its deliveries halve during the first six months of the year as travel collapsed during the pandemic and airlines scrounged for cash. The company, based in France, said Thursday that its deliveries fell almost 50% to 196, with revenue sliding almost 40%...
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FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. Boeing says it lost $2.40 billion in the second quarter, and it's taking a more downbeat view about the airplane market because of the coronavirus outbreak. Boeing said Wednesday, July 29, 2020, it now expects the airline industry will take longer to recover from the pandemic, and that will limit aircraft sales. (AP Photo/Ted S. Warren, File)
July 29, 2020 - 1:44 pm
Boeing lost $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for commercial aircraft shrinks during the coronavirus pandemic. The loss was far worse than Wall Street expected; so was the decline in revenue, which fell 25%. “The reality is the...
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FILE- In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April 2020 through June. The Detroit automaker had to close its plants from March 18 to May 18 due to the coronavirus, but production didn’t resume fast enough to hold off a net loss. (AP Photo/Richard Drew, File)
July 29, 2020 - 1:06 pm
DETROIT (AP) — Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April through June. The Detroit automaker closed its plants on March 18 and they remained idle for two months due to the coronavirus...
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Lights illuminate the buildings of the banking district in Frankfurt, Germany, early Wednesday, July 29, 2020. (AP Photo/Michael Probst)
July 29, 2020 - 5:47 am
FRANKFURT, Germany (AP) — Deutsche bank reported a small net profit of 61 million euros ($71 million) in the second quarter as cost-cutting and revenue growth outweighed increased loan losses due to the virus outbreak. The gain compared with a loss of 3.1 billion euros in the year-earlier quarter,...
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A woman wearing a face mask stands beneath a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Tuesday, July 28, 2020. Shares advanced in Asia on Tuesday after U.S. stocks resumed their upward march on Wall Street, while the price of gold pushed to nearly $1,970 per ounce. (AP Photo/Vincent Yu)
July 28, 2020 - 5:20 pm
Stocks pulled lower on Wall Street Tuesday following a mixed set of earnings reports from dozens of big U.S. companies. The S&P 500 fell 20.97 points, or 0.6%, to 3,218.44 after a last-hour slide erased a small gain from earlier in the day. Caution across markets also helped send Treasury...
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FILE - A McDonald's sign is displayed outside the fast food restaurant in Wheeling, Ill., Thursday, April 9, 2020. McDonald's says it will be requiring customers to wear face coverings when entering its U.S. restaurants as the number of new virus cases continue to surge in many states. The move, announced Friday, July 24, 2020 will be in effect on Aug. 1. (AP Photo/Nam Y. Huh)
July 28, 2020 - 7:15 am
Business did improve for McDonald’s throughout the second quarter as restrictions lifted across the globe, but the fast food giant faces a bumpy recovery. Of the chain's 39,000 restaurants worldwide, 96% are now open, compared with 75% at the start of the second quarter. Comparable-store sales that...
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A man walks by new logo of Nissan seen at the automaker's showroom in Tokyo Tuesday, July 28, 2020. Nissan reported a 285.6 billion yen ($2.7 billion) loss for April-June, as the Japanese automaker sales crashed amid the coronavirus pandemic and it struggled to recover from the loss of its former star executive Carlos Ghosn. (AP Photo/Eugene Hoshiko)
July 28, 2020 - 6:23 am
TOKYO (AP) — Nissan reported a 285.6 billion yen ($2.7 billion) loss for April-June, as the Japanese automaker sales crashed amid the coronavirus pandemic and it struggled to recover from the loss of its former star executive Carlos Ghosn. Nissan Motor Co. racked up its first annual red ink in 11...
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FILE - This March 5, 2013 file photo shows an Ann Taylor store in Mount Lebanon, Pa. The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy on Thursday, July 23, 2020, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group Inc., which operates nearly 3,000 stores mostly at malls, has been dragged down by debt and weak sales for years. (AP Photo/Gene J. Puskar, File)
July 23, 2020 - 5:53 pm
NEW YORK (AP) — The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy protection on Thursday, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group Inc., which operates nearly 3,000 stores mostly at malls, had been dragged down by debt...
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ARCHIVO – En esta fotografía de archivo del 25 de marzo de 2020, varios jets de American Airlines permanecen inmóviles en una terminal del Aeropuerto Internacional Sky Harbor, en Phoenix. (AP Foto/Matt York, archivo)
July 23, 2020 - 11:33 am
DALLAS (AP) — Major airlines reported huge second-quarter losses Thursday and warned that the recovery in air travel seen in April has stalled as coronavirus cases surge in the U.S. American posted a loss of more than $2 billion, and Southwest lost $915 million. That pushed the combined loss of the...
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