Earnings of $3.6bn exceeded expectations ahead of collapse in global oil demand

State-backed carrier starts cancelling flights as vital government funding is delayed

Wall Street’s late sell-off came on top of Europe’s worst-ever single day performance

Virus’s swift and unforgiving economic effect may silence activists

Scale of unemployment underscores urgency of additional emergency relief funds

Provider cites coronavirus market turmoil for uncertainty over valuations

The baseball team’s victory in the World Series reflects the city’s wider resurgence

Disruptions set to revive local manufacturing as designers look to avoid reliance on distant hubs

Coronavirus is highlighting more than the industry’s wasteful ways; its iniquitous supply chain is also in the spotlight

How the crisis will revolutionise brands, fashion weeks and personal style

Settlement house delays payout and project to let small shareholders cash out

Union Investment says new outside executives are needed to move the company on after special audit

With no productive use of liquidity, money is going into market speculation driving recovery in asset prices

ExxonMobil and Chevron deploy plans for cutbacks but preserve dividends

Turmoil in commodity market slashes state colleges’ revenues

President’s pet project holds line on output growth despite oil crisis and mammoth losses

Cardholders will receive 3 per cent cashback on fuel

1% cashback for mortgage customers with 123 account

SoftBank-funded fintech challenger Ualá expands rapidly amid the pandemic

Withdrawal fees soar to £104m and banks save £120m in ATM shake-up

Bond market movements blamed for removal of nearly 175,000 cash prizes from monthly draw

As interest rates fall, more savings banks rely on the lure of cash prizes

Puny interest rates have dented the tax sheltering properties of cash Isas for most 

Treasury reduces charge for removing cash from tax-free accounts for under-40s

Cheap shale gas has fed an investment boom in products that often end up as waste. Has the petrochemicals industry miscalculated?

A number of popular apps including Spotify, GroupMe, Pinterest and TikTok were fielding user iOS crash reports Wednesday evening, the result of an apparent issues with Facebook’s SDK according to a lengthy GitHub thread on the topic. Downdetector logged tens of thousands of user crash reports on Spotify between 3:30 and 5:30 pm PT, the […]

Direct payments should be made to citizens and companies

A few months ago, the idea of a hand-washing app would have seemed trivial, at best. We’re all adults here, right? We’ve been washing our hands our entire lives. But things change. It’s mid-April and we’re afraid to go outside and engage with other humans — and thorough hand-washing is one of very few tools […]

As coronavirus-hit financial markets continue to flip-flop in the wake of bad news followed by pockets of hope, a startup that aims to introduce ordinary consumers to investing has raised a big round of funding. New York-based Stash, which provides a mobile-first route to managing money through investment — as well as retirement, custodial and […]

Investment in company’s new China entity is led by state-owned enterprises

Good morning and welcome back to TechCrunch’s Equity Monday, a jumpstart for your week. Regular Equity episodes still drop each and every Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re only adding to the mix. You can catch last week’s show with Danny Crichton and Natasha Mascarenhas right here if […]

Investors seek safe haven from stock market volatility

Oxwash, a UK-based laundry startup that’s aiming to disrupt traditional but environmentally costly washing and dry-cleaning processes by using ozone to sterilize fabrics at lower temperatures, along with electric cargo bikes for hyper local pick ups and deliveries, has bagged a £1.4 million (~$1.7M) seed. Backers in the funding round include TrueSight Ventures, Biz Stone […]

The hum of the helicopters needs to start getting louder

When I first met Bustle Digital Group’s Jason Wagenheim, New York City was just beginning to go into lockdown. The BDG offices were empty thanks to the company’s newly instituted work-from-home policy, but it still seemed reasonable to meet in-person to learn more about BDG’s broader vision. At the time, Wagenheim — a former Fusion […]

A collapse in global car-booking demand was offset by a surge in food delivery at Uber

It’s not a converted industrial warehouse in Brooklyn. Or a stately, century-old building in the Flatiron. But YC-backed Regalii’s atypical office location up in the Dominican-heavy Washington Heights neighborhood of Manhattan has given it plenty of insights into its working-class immigrant customer base. The startup, co-founded by several Latino founders who personally knew the hassles of sending money home, […]

Early-stage companies often have trouble dealing with the amount of data that can run through the organization, especially as it grows. Large sums are spent on data software, dislocated data, dealing with data pipelines. All of which involve data warehousing, cleaning tools and a visualization platform. Count is a startup that is an attempt to […]

Row escalates between Elizabeth Warren, Blackstone and KKR after coronavirus crisis prompts cuts

World’s biggest carmakers reveal costs of pandemic shutting down factories around world

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]

DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar. DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock. Square bought Caviar about five years ago in a deal worth about $90 million. Now, Caviar has found a new home with DoorDash, the on-demand […]

Hot startup Superhuman has been getting some backlash, as often happens when someone notices the precise methodology that a startup is using to enable a core feature. We’re well into stage 2 now when, inevitably, the backlash itself gets backlash. The nut of it is that people have been exposed to the idea that Superhuman […]

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]

When I first met Bustle Digital Group’s Jason Wagenheim, New York City was just beginning to go into lockdown. The BDG offices were empty thanks to the company’s newly instituted work-from-home policy, but it still seemed reasonable to meet in-person to learn more about BDG’s broader vision. At the time, Wagenheim — a former Fusion […]

Australias four major banks delivered combined cash earnings of $14.9 billion for the first half to March 2016.

1. Virender Sehwag would've easily crossed 10,000 Test runs had he played for another country: Rashid Latif  India Today
2. Sehwag would’ve had 10k runs if he played for another team; was under Sachin, Dravid’s shadow: Ex-Pak...  Hindustan Times
3. Ex-Pak skipper believes Sehwag couldve achieved more had he played for another country - Republic World  Republic World
4. Sehwag would’ve crossed 10,000 Test runs if he played for another country, says Pakistan’s Latif  Scroll.in
5. Virender Sehwag remained under shadows of other players: Rashid Latif  Jimmys Post
6. View Full coverage on Google News

1. England Cricket Board Teasing Kohli's Unique Dismissal by Rashid Has Riled up Desi Fans  News18
2. The best you’ve ever faced Virat Kohli?: ECB posts video of India captain’s dismissal to Adil Rashid  Hindustan Times
3. Virat Kohli picks his favourite match other than 2011 World Cup final  India Today
4. "The Best Ball You've Ever Faced?": ECB Asks Virat Kohli, Posts Throwback Video  NDTV Sports
5. The home giants: Time we stop scoffing at Indian cricket’s greatest strength  Scroll.in
6. View Full coverage on Google News

Oxwash, a UK-based laundry startup that’s aiming to disrupt traditional but environmentally costly washing and dry-cleaning processes by using ozone to sterilize fabrics at lower temperatures, along with electric cargo bikes for hyper local pick ups and deliveries, has bagged a £1.4 million (~$1.7M) seed. Backers in the funding round include TrueSight Ventures, Biz Stone […]

After overcoming challenges at a young age, the makeup mogul is living the sweet life with her cruelty-free cosmetics brand.