J.C. Penney to file for bankruptcy as soon as next week, sources say
J.C. Penney Co Inc (JCP.N) is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter
Category: Business
U.S. private payrolls dive by a record 20.2 million
U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the
Wirecard revamps management board amid probes
Wirecard (WDIG.DE) Chief Executive Markus Braun apologised to shareholders on Friday as the company announced a reshuffle of its management board and appointed a new
As pandemic rages, anything goes for bitcoin’s third ‘halving’
As bitcoin investors brace for a long-awaited technical adjustment that will halve new supply of the cryptocurrency, the coronavirus pandemic has cast uncertainty over the
Stocks hit weekly highs as markets shrug off dismal U.S. jobs data
Equity markets rallied on Friday, hitting weekly highs, and oil prices gained as more governments around the world began gradually reopening their economies and Sino-American
Fed funds futures market sees negative rates by next April
The fed funds futures market is pricing in negative U.S. interest rates next year, a scenario the Federal Reserve has said it wants to avoid
Southwest to raise $815 million through sale and leaseback of 20 planes
Southwest Airlines Co (LUV.N) will sell and lease back 20 planes for gross proceeds of about $815 million, the company said in a regulatory filing