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Robert Barnes | Getty Images More than three dozen retailers, including the nation’s oldest department store chain, filed for bankruptcy this year, marking an 11-year high. Pre-pandemic, several of these retailers were already teetering on the brink of survival. But the Covid health crisis pummeled the industry. Lockdown orders put in place in March to …
Continue reading “The 10 largest retail bankruptcies of 2020”
Frederic J. Brown | AFP | Getty Images Mega Millions players can continue daydreaming. With no one getting all six numbers drawn on Friday, the jackpot has risen to an estimated $ 376 million. And Powerball, with the next draw for Saturday night, is $ 341 million. Obviously, due to taxes, these advertised amounts are …
Continue reading “How Mega Tens of millions and Powerball winners can shield their stroke of luck”
[The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] New York Governor Andrew Cuomo will hold a press conference Wednesday on plans to distribute Covid-19 vaccines amid threats of further economic shutdown of the state. Last week, Cuomo and …
CNBC’s “College Voices 2020” is a series of CNBC Fall Interns from universities across the country about growing up, college education, and getting started in these extraordinary times. Colette Ngo is a senior at Chapman University who studied broadcast journalism and business administration. The series is edited by Cindy Perman. The coronavirus pandemic has changed …
Continue reading “Pupil athletes worry the coronavirus might jeopardize their scholarships”
A traveler goes through immigration control by going through a “smart tunnel” at Dubai International Airport. GIUSEPPE CACACE / AFP The commercial capital of the United Arab Emirates, Dubai, will make the Pfizer BioNTech coronavirus vaccine available to its residents free of charge from Wednesday, the government said. The news comes after the UAE began …
Geschäft von Academy Sports & Outdoors in Orlando, Florida. Google Earth Die mehr als 250 Geschäfte von Academy Sports & Outdoors haben in den frühen Tagen der Covid-Pandemie wochenlang geschlossen. Doch als die Lockdown-Bestellungen nachließen und diese Geschäfte wieder eröffnet wurden, fühlten sich viele Kunden laut CEO Ken Hicks immer noch nicht wohl, wenn sie …
Michael Rubin, chairman of the board of directors of online sportswear giant Fanatics, told CNBC on Wednesday that retail sales this holiday season were negatively impacted by shipping problems. “There was so much pressure on the various shipping networks to deliver, I think there was even more demand that could have been had,” Rubin said …
Continue reading “Delivery delays have affected Christmas gross sales, says Fanatics’ Michael Rubin”
An Air Canada Boeing 737 MAX 8 aircraft is towed in while another Air Canada Boeing 737 MAX 8 aircraft is seen on the ground at Toronto Pearson International Airport in Toronto, Ontario, Canada on March 13, 2019. Chris Helgren | Reuters An Air Canada Boeing 737 Max ferry flight to Montreal was diverted earlier …
Continue reading “Air Canada Boeing 737 Max ferry flies over after engine downside”
Check out the companies that are making the headlines in midday trading. Nikola – The electric vehicle maker’s shares were down 8.5% as shares continued to decline following the announcement of the end of a garbage truck development deal with Republic Services. The stock lost 10.7% on Wednesday. Wedbush Securities called the announcement “a tough …
Jamie Foxx addresses Joe Gardner in Disney Pixar’s “Soul”. Disney The entertainment industry has been rocked by the coronavirus pandemic. Big blockbusters that were slated to hit theaters in 2020 were largely postponed to 2021, and those that weren’t used to replenish the big studios’ streaming services. As Covid cases continue to rise, many cinemas …
Continue reading ““Soul” and “Surprise Girl 1984” arrive for Christmas. This is how one can watch”
