Thursday, May 28, 2020
Tags United states

Tag: united states

Alibaba extends its reach in China as coronavirus outbreak opens doors

SHANGHAI (Reuters) - Alibaba Group Holding Ltd () is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity...

Macy’s forecasts $1 billion quarterly loss due to lockdowns

(Reuters) - Macy's Inc () forecast a quarterly operating loss of up to $1.11 billion on Thursday, as the retailer was forced...

SK Hynix shares fall on demand worries after U.S. curbs on...

SEOUL (Reuters) - Shares of South Korea's SK Hynix (), the world's No.2 memory chip maker and supplier to Huawei , fell as much...

Jordan’s first Air Jordan sneakers sold for record $560,000 at Sotheby’s

(Reuters) - NBA great Michael Jordan's autographed game-worn sneakers from his rookie season fetched a record $560,000 (463,380 pounds) in an online auction, Sotheby's...

Tesla’s Musk says ready for arrest as he reopens California plant...

(Reuters) - Tesla Inc () Chief Executive Elon Musk on Monday said production was resuming at the automaker's sole U.S. vehicle factory, in California,...

Bankruptcy court approves Neiman Marcus’ plea to access financing

(Reuters) - U.S. luxury department store chain Neiman Marcus Group said on Friday it received court approval to access $675 million of...

Chinese State Media Slams U.S. Response to the Coronavirus…with Lego

Let it be stated that the Xinhua News Agency is widely known as being a propagandistic mouthpiece of the Chinese government and...

Tesla cuts price for China-made Model 3 cars by 10% to...

BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc () said in Friday it has cut the starting price for China-made Model...

French court backs workers in Amazon row over virus measures

PARIS (Reuters) - A French court on Friday rejected Amazon's () appeal against a ruling that restricts what it can deliver during the coronavirus...

Gap warns of cash shortage, suspends rent payments

(Reuters) - Gap Inc () warned on Thursday it may not survive the next 12 months intact and would need to borrow more funds...