Editor’s Picks

Mnuchin: Not Reopening Risks Irreversible Economic Damage

Mnuchin: Not Reopening Risks Irreversible Economic Damage
Mnuchin: Not Reopening Risks Irreversible Economic Damage
May 10, 2020  |  Economy

The U.S. still hasn’t seen its highest level of unemployment due to the global coronavirus pandemic, but the economy will turn around, Treasury Secretary Steven...

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Congress, White House Spar Over Stimulus Round Three
Congress, White House Spar Over Stimulus Round Three
May 10, 2020  |  Loans

Democrats, evoking the country’s past with the financial turmoil of the Great Depression and the recovery with the New Deal, argue that much more financial...

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Sale Of Share Of AmEx Business Travel To Carlyle And GIC Appears Dead
Sale Of Share Of AmEx Business Travel To Carlyle And GIC Appears Dead
May 10, 2020  |  Partnerships

American Express Global Business Travel, seeing its sales more than halved from the pandemic, could now also lose out on a purchase by private equity...

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Footwear Company Allbirds Latest To Return PPP Loan
Footwear Company Allbirds Latest To Return PPP Loan
May 08, 2020  |  Loans

Allbirds, the New Zealand-American footwear company, will return its Paycheck Protection Program (PPP) loan. Get the Full Story Complete the form to unlock this article...

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JCPenney, Sephora To Maintain Partnership For In-Store Experience
JCPenney, Sephora To Maintain Partnership For In-Store Experience
May 08, 2020  |  Retail

After JCPenney sought a court order to keep Sephora in its locations, the companies said they have “reaffirmed” their partnership to run Sephora inside of...

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Kohl’s To Reopen Stores In 10 Additional States
Kohl’s To Reopen Stores In 10 Additional States
May 08, 2020  |  Retail

After opening retail locations in four states, Kohl’s said it intends to open stores in 10 more states on Monday (May 11) as it follows a...

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Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
May 08, 2020  |  Economy

The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history....

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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
May 08, 2020  |  Retail

Brookfield, which owns stake in numerous malls and related properties, is going to spend $5 billion to try and get the industry back on track...

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