2020-08-03@14:15:14 GMT
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    By MICHELLE CHAPMAN, AP Business Writer Sales at Clorox jumped 22% in its most recent quarter with millions of people growing more vigilant about cleaning routines in the pandemic. The company also announced Monday that Linda Rendle will become its CEO in September. There was a 33% jump in sales withing the company division that...
    Report: Man United, Dortmund in talks over $140 million Sancho transfer An adopted 14-year-old girl is helping senior dogs find a forever home just like she did Dow, S&P 500 set to kick off August trade higher, but stalled stimulus talks in focus MARKET SNAPSHOT © JOHANNES EISELE/AFP via Getty Images U.S. stock-index futures...
    This morning, Richard Branson’s space tourism venture Virgin Galactic unveiled the design of its proposed supersonic jet. The company claims the final version of the vehicle could carry between nine and 19 passengers and reach Mach 3, or three times faster than the speed of sound. Virgin Galactic’s primary focus is its space tourism business,...
    Sales at Clorox jumped 22% in its most recent quarter with millions of people growing more vigilant about cleaning routines in the pandemic. The company also announced Monday that Linda Rendle will become its CEO in September. There was a 33% jump in sales withing the company division that sells cleaning products. People have...
    Nick Rolovich Just Lit His Career on Fire 5 Beloved Costco Food Court Items We Miss the Most My company banned non-compete agreements. Heres why others should, too (opinion) This year has been a wakeup call. With historic numbers of Americans out of work since the pandemic struck the United States and a...
    At first glance, a Microsoft acquisition of TikTok seems a little unusual. Microsoft has spent years walking back consumer plays like the Groove Music service, the Kinect Xbox accessory, its Microsoft Band fitness device, Windows Phone, and more recently the Mixer streaming service. Microsoft has been favoring its enterprise software and services, and even Cortana...
    (CNN)South Africa's supermarket retailer, ShopRite, has announced plans to exit Africa's biggest economy, Nigeria, 15 years after it opened in the West African country. In a statement released Monday, the company said it is re-evaluating its operating model and has been approached by many investors willing to take over its Nigerian stores.It added that it...
    Homeland Security gathered intelligence on journalists covering Portland protests McDonalds may permanently lose this fixture Move over Nikola: A new electric truck SPAC called Lordstown is forming and the shares are surging DiamondPeak Holdings and Lordstown Motors are merging in the latest deal between a SPAC and an electric vehicle company. The deal is...
    NEW YORK -- Lord & Taylor, one of America's oldest department stores, has filed for bankruptcy, joining a growing list of stores slammed by the coronavirus pandemic.Many of the companies that have filed for Chapter 11 in recent weeks were already struggling, but the forced closure of non-essential stores in March pushed them to the...
    Sony is confirming today that its existing PS4 controller will not work with PS5 games. “We believe that PS5 games should take advantage of the new capabilities and features we’re bringing to the platform, including the features of DualSense wireless controller,” says Sony in a statement confirming the company’s plans. Sony says that existing DualShock...
    (CBS/CNN) — Tailored Brands, which owns Men’s Wearhouse and Jos. A. Bank, has filed for bankruptcy, becoming the latest US retail casualty of the coronavirus pandemic that wiped out demand for office attire. The company said in a statement Sunday that it has filed for Chapter 11 bankruptcy protection in a district court in Texas...
    (CNN Business)Before the pandemic, there were many reasons to be anxious about taking an elevator — from being crammed in a small space with strangers, to getting stuck between floors.Now, as coronavirus cases exceed 18 million worldwide, many people are concerned about catching the virus, whether from someone else in the elevator or via the...
    DALLAS – Kim Peacock was once the purveyor of first-class luxury, but now her Arlington company has more than 87,000 pounds of nuts and no idea if her airline customers will ever want them again. So GNS Foods of Arlington, a supplier to American Airlines, is trying to unload dozens of pallets of mixed cashews,...
    HOUSTON (CBSDFW.COM/CNN) — Houston-based Tailored Brands, which owns Men’s Wearhouse and Jos. A. Bank, has filed for bankruptcy, becoming the latest U.S. retail casualty of the coronavirus pandemic that wiped out demand for office attire. The company said in a statement Sunday that it has filed for Chapter 11 bankruptcy protection in a district court...
    Brentford to earn $200M+ if promoted to Premier League Harry Said Meghan Was "The Most Beautiful Woman" Hed Ever Seen A stock market correction may be imminent, JPMorgan says. Here’s why you shouldn’t panic NEED TO KNOW © Getty Images Weaker-than-expected economic data could cause a mini-storm in markets but a large stock market correction...
    BERLIN (AP) — A German company that specializes in laser communication says it is pulling out of uncompleted deals in China after the German government barred it from delivering hardware to the country. Mynaric said on Friday that it had requested official clearance of a planned export of products to a Chinese customer, which it...
    (Reuters) - Lordstown Motors has agreed to go public through a merger with blank-check company DiamondPeak Holdings in a deal that values the electric pickup truck start-up at pro forma equity value of $1.6 billion, the companies said on Monday. The combined company will be called Lordstown Motors Corp following the closure of the deal...
    London (CNN Business)What happens to TikTok isn't just a question for its millions of American users.The short-form video app, the latest flashpoint in tensions between the United States and China, is also of interest to investors. As the geopolitical conflict between the world's two biggest economies intensifies, the fate of TikTok will send an important...
    NHL bubble, explained: A guide to the hub city rules, teams & schedule for Edmonton, Toronto Psst, Don’t Miss the Kids’ Section of the Nordstrom Anniversary Sale A ‘modest’ stock market correction may be ahead, JPMorgan says. Here’s why you shouldn’t panic NEED TO KNOW © Getty Images Weaker-than-expected economic data could cause a mini-storm...
    NEW YORK – Lord & Taylor, one of America's oldest department stores, has filed for bankruptcy, joining a growing list of stores slammed by the coronavirus pandemic. Tailored Brands, the parent company of Men's Wearhouse and Jos. A. Banks, filed for bankruptcy as well. Many of the companies that have filed for Chapter 11 in...
    Virgin Galactic Space tourism venture Virgin Galactic announced it signed an agreement with Rolls-Royce to develop an aircraft for supersonic travel, giving a first look on Monday of the coming vehicle's design. Supersonic travel is a long-term bet for Virgin Galactic, which has been developing reusable spacecraft capable of sending people on short trips to the...
    NEW YORK -- Lord & Taylor, one of America's oldest department stores, has filed for bankruptcy, joining a growing list of stores slammed by the coronavirus pandemic.Many of the companies that have filed for Chapter 11 in recent weeks were already struggling, but the forced closure of non-essential stores in March pushed them to the...
    ELON Musk has admitted to praying for a safe landing for the Nasa astronauts his SpaceX company brought back to Earth. The billionaire CEO said: "I'm not religious, but I prayed for this one." 7Musk appeared delighted to greet the astronautsCredit: NASA 7The Nasa astronauts arrived back to Earth on SundayCredit: AFP or licensors Musk...
    VIDEO1:0201:02Wall Street set for mixed openMorning Report Take a look at some of the biggest movers in the premarket: ADT (ADT) – Alphabet's (GOOGL) Google unit will invest $450 million for a 6.6% stake in ADT, as part of a partnership that will see ADT offer Google's Nest smart home devices to its customers. Each...
    BERLIN (AP) — A German company that specializes in laser communication says it is pulling out of uncompleted deals in China after the German government barred it from delivering hardware to the country. Mynaric said on Friday that it had requested official clearance of a planned export of products to a Chinese customer, which it...
    Roman Reigns has been absent from WWE television throughout the pandemic, but he will be a guest on The R-Truth Game Show on the Network. As documented by WWE Network on Twitter, he will appear on tomorrow’s episode alongside Drake Maverick. While the show isn’t one of the company’s weekly wrestling shows, Reigns’ appearance will...
    President TrumpDonald John TrumpOklahoma City Thunder players kneel during anthem despite threat from GOP state lawmaker Microsoft moving forward with talks to buy TikTok after conversation with Trump Controversial Trump nominee placed in senior role after nomination hearing canceled MORE reportedly allowed Microsoft to pursue an acquisition of the wildly popular short-form video app TikTok...
    Google is pairing its Nest smart home technology with ADT and buying a stake in the home security company. ADT plans to begin offering Google devices to its customers starting this year. Shares of the company, based in Boca Raton, Florida, spiked 60% before the opening bell Monday. Google will invest $450 million in ADT...
    New York — Lord & Taylor, one of America's oldest department stores, has filed for bankruptcy, joining a growing list of stores slammed by the coronavirus pandemic. Tailored Brands, the parent company of Men's Wearhouse and Jos. A. Banks, filed for bankruptcy as well. Many of the companies that have filed for Chapter 11 in...
    New York — Microsoft confirmed Sunday it's in talks with Chinese company ByteDance to acquire the U.S. arm of its popular video app TikTok. The company also said it's discussed with President Trump his concerns about national security and censorship implications of such an acquisition. In a statement, Microsoft said it and ByteDance have provided...
    London (CNN Business)Tailored Brands, which owns Men's Wearhouse and Jos. A. Bank, has filed for bankruptcy, becoming the latest US retail casualty of the coronavirus pandemic that wiped out demand for office attire.The company said in a statement Sunday that it has filed for Chapter 11 bankruptcy protection in a district court in Texas to...
    Google is pairing its Nest smart home technology with ADT and buying a stake in the home security company. ADT plans to begin offering Google devices to its customers starting this year. Shares of the company, based in Boca Raton, Florida, spiked 60% before the opening bell Monday. Google will invest $450 million in ADT...
    Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Tags: Florida, California
    MOUNTAIN VIEW, Calif. (AP) — Google pairs its Nest smart home tech with home security company ADT, takes stake in company. Copyright © 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
    Gymnastics: Abuse allegations deeply concerning, says New Zealand government Valentino Launches Chinese Valentine Day’s Capsule Lord & Taylor files for bankruptcy New York — Lord & Taylor, one of America's oldest department stores, has filed for bankruptcy, joining a growing list of stores slammed by the coronavirus pandemic. Tailored Brands, the parent company of...
    SHANGHAI (Reuters) - Zoom Video Communications will shift to a partner-only model in mainland China from Aug. 23, suspending direct sales to all customers in the region, the company said on Monday. Zoom customers in China received an email on Monday informing them of the change, and telling them it would provide users with...
    By Terje Solsvik OSLO (Reuters) - Norwegian cruise line Hurtigruten is halting all its so-called expedition cruises until further notice following an outbreak of COVID-19 on one of its vessels last week, the company said on Monday. At least 40 passengers and crew from the MS Roald Amundsen cruise liner have so far tested positive...
    Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019.Kena Betancur | Getty Images Zoom said Monday it will stop selling new or upgraded products directly to customers in mainland China, and will instead only offer its video conferencing services via third-party partners. "Dear Customers, thank you...
    Patriots McCourty slams league for attempt to change opt-out deadline The Best Potato Recipes for Any Meal Hammerson Weighs Selling Shares, Assets as Covid Hits Malls (Bloomberg) -- Hammerson Plc is considering raising capital and selling some of its most prized assets to ride out the coronavirus crisis that’s battering malls and stores. ©...
    MADRID, Aug 3 (.) – Spanish industrial group Abengoa plans to close a new debt restructuring process before August 4 as part of an attempt to survive the financial crisis it is undergoing. The self-imposed term by the company has already been postponed on more occasions by the company, which in this case said that...
    Patriots McCourty slams league for attempt to change opt-out deadline The Best Potato Recipes for Any Meal Hammerson Weighs Selling Shares, Assets as Covid Squeezes Malls (Bloomberg) -- Hammerson Plc is considering raising capital and selling some of its most prized assets to ride out the coronavirus crisis that’s battering malls and stores. ©...
    NEW YORK (AP) — New York landmark retailer Lord & Taylor has filed for bankruptcy, joining a growing list of retailers flummoxed by the pandemic. The company, which was sold to the French rental clothing company Le Tote Inc. last year, filed Sunday for bankruptcy protection in the Eastern Court of Virginia. In an announcement...