Wednesday, April 29, 2020

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic: Sources

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic: Sources The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel coming to a near-halt.

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...