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Nordstrom Is Closing 16 Stores in Response to COVID-19's Impact
Fashion

Nordstrom Is Closing 16 Stores in Response to COVID-19's Impact
Representing nearly 14 percent of its full-line fleet.
By /
54    15   Comments
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'PAPER' Magazine Goes on Hiatus
Fashion

'PAPER' Magazine Goes on Hiatus
The coronavirus pandemic also incited some layoffs.
By /
221    0   Comments
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Neiman Marcus Files for Bankruptcy
Fashion

Neiman Marcus Files for Bankruptcy
The second major retailer to go under this week alone.
By /
24    20   Comments
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Lyft Reports 70% Drop in Ride Volume
Tech & Gadgets

Lyft Reports 70% Drop in Ride Volume
Bottoming out during the second week of April.
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3    2   Comments
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Tesla Stocks Reach Milestone Unlocking Elon Musk's Record $706 Million USD Payout
Automotive

Tesla Stocks Reach Milestone Unlocking Elon Musk's Record $706 Million USD Payout
The biggest payday for any U.S. executive in history.
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11    44   Comments
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Balenciaga to Open Flagship Store on London's Bond Street
Fashion

Balenciaga to Open Flagship Store on London's Bond Street
It’s expected to be two stories.
By /
386    3   Comments
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Disney's Q1 2020 Profits Plummet by 91%
Entertainment

Disney's Q1 2020 Profits Plummet by 91%
Largely due to theme park closures amid the coronavirus pandemic.
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38    12   Comments
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Airbnb Cuts 25% of Employees as Business Is "Hit Hard" Amid Pandemic
Travel

Airbnb Cuts 25% of Employees as Business Is "Hit Hard" Amid Pandemic
CEO Brian Chesky detailed the move in a letter to employees.
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15    9   Comments
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Gold's Gym Files Chapter 11 Bankruptcy Protection
Sports

Gold's Gym Files Chapter 11 Bankruptcy Protection
Following closures of its various locations amid the coronavirus pandemic.
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231    8   Comments
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J.Crew Files for $400M USD Chapter 11 Bankruptcy
Fashion

J.Crew Files for $400M USD Chapter 11 Bankruptcy
After the coronavirus crisis caused a direct impact on business operations.
By /
36    13   Comments
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Tesla Applies for License to Become U.K. Electricity Provider
Automotive

Tesla Applies for License to Become U.K. Electricity Provider
The company may be attempting to introduce its Autobidder platform.
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14    3   Comments
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Macy's to Reopen 68 U.S. Stores on Monday
Fashion

Macy's to Reopen 68 U.S. Stores on Monday
Sales are expected to be at one-fifth of its normal volume.
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17    13   Comments
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