Renault Is Closing Its Main China Business 
 

Renault, which was already struggling in China before the coronavirus epidemic hit, will stop making gas-powered cars for domestic sale and wind up its main joint venture with a state-run auto maker.

 
Grubhub Can Thrive Only if Restaurants Survive 
 

Grubhub's pledge of support shows restaurants' sinking pulse amid closures.

 
Tesla Seeks Rent Savings Amid Coronavirus Crunch 
 

The Silicon Valley electric-car maker, which operates its own stores and service centers, told its landlords it would like to discuss options "so we can continue to partner and work together to ensure a continued and mutually beneficial relationship."

 
Amazon to Ease Curbs on Nonessential Items 
 

The e-commerce giant will begin allowing third-party sellers on its platform to ship so-called nonessential items, as Amazon continues to add staff to meet demand fueled by the pandemic.

 
SoftBank Needs a New Strategy 
 

Japanese technology investor SoftBank has thrown money at startups like WeWork and Uber, but that approach is fast running out of road.

 
True Religion Files for Bankruptcy as Coronavirus Outbreak Slams Retail 
 

The jeans maker filed for bankruptcy for the second time in less than three years, saying it was the only option to preserve value as government stay-at-home edicts shut down nonessential stores nationwide.

 
Roku Adds 3 Million Accounts as Coronavirus Forces Shelter-in-Place 
 

The maker of streaming-media devices said that collective streaming hours for the first three months of the year were up 49%.

 
Renault Halts Passenger Car Sales in China 
 

Renault said it will stop selling its own-brand passenger cars in China after withdrawing from a joint venture with Dongfeng and will instead focus on light commercial and electric vehicles.

 
European Corporate Roundup: Valeo's Chinese Plants Operating Again 
 

Valeo is the latest firm to withdraw guidance due to widespread coronavirus disruption, but the French car parts supplier said it expects Chinese sales to return to normal in the coming months.

 
Ad Giant Publicis Warns of Spending Pullback Amid Coronavirus 
 

The head of one of the world's largest ad-agency conglomerates warned the industry is facing a far more severe pullback in ad spending than the one that buffeted Madison Avenue in the wake of the financial crisis.

(END) Dow Jones Newswires

April 14, 2020 07:00 ET (11:00 GMT)