Coronavirus updates: Pandemic roils corporate earnings; 3M developing rapid antigen test
Virus pushes Delta, Wells Fargo to rare quarterly losses
Coronavirus pushed Delta Air Lines and banking giant Wells Fargo to rare quarterly losses, the companies said in some of the first quarterly reports of what’s expected to be a messy earnings season.
Delta posted a second-quarter loss of $5.7 billion, the airline’s largest since 2008. Air travel demand all but halted during at the peak…
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