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2 mins read
JCPenney skyrockets 59% after dodging debt default with a last-minute interest payment
The company faced a payment deadline on May 7 and used a five-day grace period to consider alternat…
Ben Winck
1 min read
JCP Shares Dive After Hours On Report That Investor Is Trying To Dump A HUGE Stake In The Company
In Vornado's earnings conference call last week, an analyst asked Roth if being on JC Penney's boar…
Sam Ro
1 min read
Japan has ordered its residents to laugh at least once a day; the opposition thinks its human rights violation
This unusual ordinance, enacted last week, is based on a Yamagata University study that suggests la…
2 mins read
Govt says new Data Protection draft is “almost ready,” withdraws Data Protection Bill 2021
The central government has withdrawn the controversial Data Protection Bill 2021, nearly half a dec…
2 mins read
Indian government to come up with a revised Data Protection Bill and Telecom Bill
A month after withdrawing the Data Protection Bill, Information and Technology Minister Ashwini Vai…
3 mins read
Sephora cut 'a number' of jobs tied to its JCPenney partnership, resurfacing concerns about the deal with the bankrupt department store
Having a Sephora location inside a JCPenney store helps lure in younger customers. But how useful i…
Madeline Stone
2 mins read
Uttar Pradesh will comply with NGT orders on firecrackers — Lucknow, Varanasi, Kanpur may impose a complete ban during Diwali
According to the Additional Chief Secretary, Home, Avanish Awasthi, "The NGT's order is a detail…
1 min read
RETAIL ROUT: Bed Bath & Beyond, Kohl's, and JCPenney slip on dismal earnings and weak holiday sales
Also on Thursday morning, Kohl's and JCPenney both released holiday 2019 sales numbers. Kohl's repo…
Carmen Reinicke
4 mins read
Coronavirus: Nagpur reports two new cases of Coronavirus; total cases in Maharashtra surges to 16
India reported its first death due to coronavirus in Karnataka yesterday (March 12) after the epide…
1 min read
US oil rig count rises for 17th straight week
West Texas Intermediate crude oil futures, the US benchmark, was on pace for a 3% weekly rise, its …
Akin Oyedele
2 mins read
JC Penney tanks after a big miss on sales
"The recent sales trends, combined with the improvement in women's apparel and our growth initiativ…
Akin Oyedele
2 mins read
Indian Air Force pilot Abhinandan Varthaman who was captured by Pakistan returns to his squadron while on sick leave: Report
According to media reports, the Wing Commander chose to return to his squadron in Srinagar rathe…
2 mins read
Retail stocks are rallying on Cyber Monday after Black Friday sales hit a record high
And according to Adobe Analytics data, much of the sales boost is happening online. Total online sp…
Ethel Jiang
2 mins read
Jeff Bezos' $260 swimming trunks that he wore while partying on a $590 million superyacht with model Karlie Kloss are one of the hottest menswear items of the summer
The Amazon founder and CEO made headlines over the summer after he was photographed on a glamorous …
Mary Hanbury
1 min read
GOLDMAN: America's biggest companies are obsessed with these 3 themes right now
After combing through earnings calls, three big themes stood out to David Kostin, Goldman Sachs' ch…
Akin Oyedele
1 min read
Retail stocks are gaining on Cyber Monday
Adobe Analytics predicts $6.6 billion in sales during the online-only holiday, and $107.4 billion i…
Seth Archer
2 mins read
Amazon billionaire Jeff Bezos' look has changed drastically since he started the company
Bezos wowed Silicon Valley's Allen & Company Sun Valley Conference earlier this month with a su…
Dennis Green
1 min read
This meme showing how much Amazon billionaire Jeff Bezos has changed over the years is going viral
Bezos wowed Silicon Valley's Allen & Company Sun Valley Conference last week with a surprising …
Dennis Green
2 mins read
Black Friday is giving retail stocks a boost
Goldman Sachs estimates that as much as a third of annual retail sales come in the fourth quarter, …
Seth Archer
4 mins read
synchrony bank amazon credit builder: A suspicious email blast on Monday in Amazon
Dozens of people are reporting that they received a series of suspicious messages on Monday con…