Brooks Brothers is in talks with banks about securing cash for a potential bankruptcy that could come within weeks, as COVID-19 has crushed sales for...
Hong Kong technology company JD.com Inc. plans to sell up to $4.3 billion in shares in what is expected to be among this year’s largest...
As some firms grapple with meeting pivotal standards for loan forgiveness amid the pandemic, President Donald Trump signed a bill into law on Friday (June...
Will we look back at today as the turning point in the battle against the pandemic — not in terms of vaccines or flattened curves,...
Mubadala Investment Co., an investment arm of the government of Abu Dhabi in the United Arab Emirates (UAE), is investing $1.2 billion in Jio Platforms, the Indian telecommunications firm,...
With pandemic-related store closures driving a 43 percent year-over-year decline in sales, Gap Inc. reported a 13 percent year-over-year rise in Q1 eCommerce sales and...
JCPenney has identified the first round of 154 retail location closures, after an assessment of its store footprint and evaluation of “future strategic fit” as...
In a surprising jobless report, the nation’s unemployment rate fell to 13.3 percent in May as some jobs returned amid a partial reopening of the...
Rental company Zillow said on Thursday (June 4) that it was experiencing more requests for long-term rentals instead of the short-term ones it is usually...