Starbucks customers are starting to return to its cafes in the United States and China as the global coffee chain reopens many locations that shuttered temporarily due to the coronavirus pandemic.
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 354,300 people across the state as of Thursday.
"We think there will be more store rationalization over the next several years as well," interim Victoria's Secret CEO Stuart Burgdoerfer said Thursday morning during a call with analysts.
AstraZeneca has agreed to initially supply at least 400 million doses of Oxford University's coronavirus vaccine and secured total manufacturing capacity to produce 1 billion doses.
Macy's expects first-quarter sales to fall by as much as 45%, and it could report a loss of more than $1 billion, as the department store operator was forced to shut stores amid the Covid-19 crisis.