Disney Investors Could Look Goofy Soon 
 

Investors rushing to ride Disney on the hope of pandemic recovery could be in for a long and uncomfortable wait.

 
Target Hits on Winning Formula Amid Covid Pandemic 
 

Surging e-commerce sales at Target during the coronavirus pandemic should translate into a lasting advantage.

 
McDonald's Sues to Recover Severance From Fired CEO 
 

McDonald's said it is suing former Chief Executive Steve Easterbrook and seeking to recoup tens of millions it paid him in severance and benefits, alleging that he lied to the board about sexual relationships with employees before his ouster last fall.

 
Nikola Wins Order for 2,500 Electric Garbage Trucks 
 

Nikola says it secured an order to make at least 2,500 electric garbage trucks for refuse giant Republic Services, fulfilling one of the electric-vehicle startup's three major business goals for the year.

 
Marriott Swings to Loss, Cites Demand Recovery From Covid-19 Lows 
 

The hotel company says 91% of world-wide hotels have reopened, with Greater China leading the recovery.

 
Growth in Online Shopping and Used Cars Lifts Carvana, Attracts Competition 
 

Carvana, an online-only seller of used vehicles, is generating new interest from both car buyers and Wall Street as its business benefits from the burst in internet shopping.

 
Tech, Financial Firms Look for Ways to Save TikTok's U.S. Operations From Ban 
 

Several investment and technology firms are exploring a potential deal for the U.S. operations of TikTok, which is facing a Trump administration ban, but each would have to surmount hurdles at least as high as the Chinese platform's main suitor, Microsoft.

 
EPA to Rescind Methane Regulations for Oil and Gas 
 

The Environmental Protection Agency is preparing to end requirements that oil and gas producers detect and fix greenhouse-gas emissions.

 
One-Third of U.K. Companies Cut Guidance 
 

U.K.-quoted companies issued 165 profit warnings in the second quarter of the year, almost 100 more than the same time a year prior and coming on top of record-breaking earnings downgrades in the first quarter.

 
Riverstone's $1.8 Billion Fieldwood Energy Investment Put at Risk by Bankruptcy 
 

Fieldwood Energy's second bankruptcy in two years threatens a nearly $2 billion bet by Riverstone Holdings in the offshore driller.

(END) Dow Jones Newswires

August 10, 2020 11:15 ET (15:15 GMT)