Mall Owners Close to Buying JC Penney Out of Bankruptcy
Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.
Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.
U.S. Energy Secretary Dan Brouillette says Hurricane Laura did significant damage at a site holding about 30% of the nation’s store of emergency crude oil.
U.S. employers advertised more jobs but hired fewer workers in July, sending mixed signals about the job market in the wake of the coronavirus outbreak.
Big technology stocks tumbled again on Tuesday, continuing the Icarus-like flight path for companies that just a week ago were the high-flyers carrying Wall Street to record heights.
The Panama Canal authority has put out a call for bids on a $2 billion package of water supply projects aimed at combating a drought that affects the fresh water lakes that supply the canal’s locks.
General Motors formed its second major electric vehicle partnership in less than a week, this time a $2 billion deal with startup Nikola.
U.S. consumer borrowing rose by a solid 3.6% in July.
Italy’s competition watchdog has launched an investigation into Apple, Google and Dropbox over their cloud storage services.
Asian shares are mostly higher after European stocks rallied and the U.S. markets were closed for the Labor Day national holiday.
China’s leading maker of semiconductors has denied it has any links to the military following reports Washington is considering stepping up its feud with Beijing over technology and security by imposing export controls that could disrupt manufacturing for a national industrial champion.