Editor’s Picks

JCPenney To Shutter 154 Stores, Start Closing Sales

JCPenney To Shutter 154 Stores, Start Closing Sales
JCPenney To Shutter 154 Stores, Start Closing Sales
June 05, 2020  |  Retail

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...

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Surprise: US Jobless Rate Falls To 13.3 Pct
Surprise: US Jobless Rate Falls To 13.3 Pct
June 05, 2020  |  Economy

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...

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Zillow Reports More Long-Term Rental Requests
Zillow Reports More Long-Term Rental Requests
June 05, 2020  |  Real Estate

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...

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eBay Raises Q2 Expectations Due To Better Sales Than Anticipated
eBay Raises Q2 Expectations Due To Better Sales Than Anticipated
June 04, 2020  |  Earnings

eBay has raised its second quarter (Q2) earnings outlook on better-than-expected results during the COVID-19 pandemic. Get the Full Story Complete the form to unlock...

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Next Economic Stimulus Package Could Hit $1T
Next Economic Stimulus Package Could Hit $1T
June 04, 2020  |  Economy

The Trump administration anticipates a $1 trillion figure could be in the cards for the next round of stimulus funding, with an eye toward possibly...

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Musk: ‘Time To Break Up Amazon’
Musk: ‘Time To Break Up Amazon’
June 04, 2020  |  ANTITRUST

Elon Musk said in a tweet that it’s “time to break up Amazon,” citing the eCommerce giant’s monopoly as a reason to take action. Get...

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Simon Property Group Hits Gap With Lawsuit To Recoup Back Rent
Simon Property Group Hits Gap With Lawsuit To Recoup Back Rent
June 04, 2020  |  Legal & Regulation

All eyes in the retail sector are now on Simon Property Group, as the mall giant hauls The Gap into court for failing to pay...

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ZoomInfo Stock Briefly Doubles As IPO Takes Off
ZoomInfo Stock Briefly Doubles As IPO Takes Off
June 04, 2020  |  IPO

Vancouver, Wash.-based ZoomInfo Technologies saw its stock double for a time Thursday (June 4) as it staged a successful initial public offering in the middle...

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