The company reversed a demand that employees remove the app from company mobile devices, a shocking turnabout from a dictate that just hours before had stoked concern about the app’s security and ties to China.
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American has threatened to cancel some of its orders for Boeing’s troubled 737 MAX jets, people familiar with the matter said, a sign of deepening financial stress in aviation.
AMC Entertainment has reached a deal with investors who will pump $300 million of new money into the company, as the nation’s largest theater chain looks to fill seats with moviegoers still wary of coronavirus pandemic.
Lawyers expect a surge in small-business failures in the coming months. A new law, they say, will make many business owners realize that filing for bankruptcy might be a better option than struggling for years.