BUSINESS

Both retailers plan to close dozens of locales

"With more bankruptcies and job cuts announced in the retail sector, for example, the economy remains at significant risk in the weeks and months ahead" -- Mark Hamrick of Bankrate.com

Colin Zheng Huang has overtaken Jack Ma in the cash rankings of Forbes with his $47.2 billion.

The Department of Justice charged him with computer fraud, wire fraud, and conspiracy for illegally hacking company networks worldwide.

John McAfee recently announced the launch of Ghost Cell Phone Data Service, a 4G data service that promised untraceable network connections.

Scammers are using the names of comedian Joe Rogan and commentator Ben Shapiro to entice investors in a fake Bitcoin giveaway campaign.

The Court will rule on three cases pertaining to Trump's financial records and taxes, with the decisions likely to be announced at 10 a.m. ET on Thursday.

Tom John Or-Paz, founder of the branded real estate project LightArt, shares his entrepreneurial journey, decision making and future plans.

U.S. stocks gained on Wednesday as traders pondered how covid-19 infections will delay business reopenings

Ascena Retail Group is reportedly planning on closing 1,200 stores as it looks to file for bankruptcy, which could come as soon as this week.

Liquidation sales are already underway at several of the JC Penney stores that are set to permanently close.

United Airlines said it is taking all voluntary measures to avoid layoffs but WARN notices are expected to be given to flight attendants and pilots.

As many as 500 to 700 medical clinics will be co-located next to Walgreens in a deal valued at $1 billion.

The wealthy investor and Berkshire Hathaway CEO has pledged to donate 99% of his wealth to charity.

Although most of the world’s markets continue to focus on Bitcoin, EOS has consistently topped the crypto-rankings in China – closely followed by TRON and Ethereum.

The Trump administration will it possible for payday loans to be acquired without requiring consumers to financially prove that they can pay back the loan.

Mexican President Andres Manuel Lopez Obrador's meeting with Trump has been widely criticized in Mexico.

With roots that date to 1818, Brooks Brothers joins several other retailers in filing for Chapter 11 bankruptcy protection amid the coronavirus pandemic.

Economists have assailed the proposal as unrealistic

U.S. stocks gained mildly on Wednesday as traders mull covid-19 infections

The pandemic forced the closure of numerous meatpacking plants in March and April as workers contracted COVID-19, but President Trump ordered all meatpacking operations to reopen April 28.

A TikTok user asked people to invest at least $25 and then wait till the coin's value reached $1 apiece. At that price, a person who invested $25 would get a profit of $10,640. 

The highly popular Bitcoin Stock-to-Flow (S2F) model estimates Bitcoin’s entire market value to reach $1 trillion after the May 2020 halving.

An options trade predicts the price of Bitcoin to hit $50,000 by December 2021.

Giovanni Ferrero's net worth is estimated at $25.4 billion. He is the executive chairman of Ferrero Group that makes Ferrero chocolates, Kinder chocolates, Tic-Tac, Nutella, Butterfinger and BabyRuth.

Proceeds from the new tax will first go to coronavirus relief before being transitioned to help homelessness and housing issues.

Dunkin' is looking to better position itself by pulling its restaurants out of Speedway gas stations by the end of the year.

U.S. stocks fell on Tuesday one day after Nasdaq set all-time closing high.

Activists were outraged by the decision.