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Macy’s doled out $9 million in bonuses to top execs after thousands of jobs are cut
CNBC – For more and to sign up click here Jeff Gennette, chairman and chief executive officer of Macy’s Inc. Mark Kauzlarich | Bloomberg via Getty Images Macy’s doled out $9 million in equity awards to six top executives days after it laid off roughly a quarter of its corporate workforce. ......
Mall owners renting out parking lots during the coronavirus pandemic
CNBC – For more and to sign up click here A drive-in movie theater is set up in the parking lot of Brookfield’s Park Meadows mall in Lone Tree, Colorado, right outside of Denver. Source: Kilburn Parking lots, of all places, are turning into bigger sources of revenue for some......
Stocks making the biggest moves midday: Novavax, Shake Shack, Tesla, Apple & more
CNBC – For more and to sign up click here Signage for Shake Shack Inc. is displayed on a glass door at the company’s restaurant in Shanghai, China, on Thursday, Jan. 24, 2019. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Novavax......
Saks Fifth Avenue says shopping hasn’t dropped as coronavirus cases rise in Florida, Texas
CNBC – For more and to sign up click here Luxury retailer Saks Fifth Avenue said it hasn’t seen a change in shopping patterns in Florida, Texas and other states where coronavirus cases are rising. On CNBC’s “Closing Bell,” Saks Fifth Avenue President Marc Metrick said shoppers are still going......
Stock market live updates: Stocks give up gains, Apple to reclose some stores, Spotify pops
CNBC – For more and to sign up click here Traders wear masks as they work on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease (COVID-19) continues New York, May 27, 2020. Lucas Jackson | Reuters This is a live blog. Check back......
Trading could get wacky Friday because of some technical stock market circumstances
CNBC – For more and to sign up click here Traders could be in for a wild ride on Friday because of a couple technical factors. The S&P 500 will have its first rebalancing of the year at Friday’s close, more than three months after the market’s wild swings forced......
Here’s what happened to the stock market on Thursday
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City. Spencer Platt | Getty Images Dow Jones Industrial Average falls 39 points Jobless claims rise more than expected Retailers struggle,......
Here’s what happened to the stock market on Wednesday
CNBC – For more and to sign up click here Tech shares led the Nasdaq to its fourth straight day of gains. Source – Click here for more To Return to the Main Aggregate News Page – click here...
Stock market live updates: Stocks flatline, winning streak in jeopardy, follow Powell here
CNBC – For more and to sign up click here New York Stock Exchange (NYSE) building is seen with the Fearless Girl Statue during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 26, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Stocks fluctuated between losses......