U.S. retailers could announce between 20,000 and 25,000 closures in 2020, according to a tracking by Coresight Research. That would also mark a record.
As restaurants and stores begin to reopen after months of closure, liquor store employees and owners are wondering what the new normal will be and whether reopening efforts will bolster business.
The U.S. jewelry maker said Tuesday in an earnings release that its same-store sales were down about 44% in the fiscal first quarter, but said demand has picked up again in China.
The 'silver lining' of the pandemic is the way it is catalyzing changes in cybersecurity, according to Phil Quade, chief information security officer at Fortinet.
The coronavirus pandemic has been especially crushing for the meat supply chain. As thousands of workers in the meat industry have contracted the virus and dozens have died, processing plants have had to shut their doors. Experts predict 2020 losses to be upward of $20 billion for the industry.
Restaurant owners in Colorado are busy opening up their patios and spacing out tables after receiving the much-anticipated green light to restart in-person dining. While most are excited to reopen their business, many remain cautious moving forward.
Cruise ship stocks are the some of the "most overbought and most ridiculously overvalued" names in the travel space, says Boris Schlossberg, managing director at BK Asset Management.
Stock futures pull back Tuesday, a day after the S&P 500 returned to the green for 2020. All the so-called reopening trade stocks are down in the premarket, from airlines to cruise lines.
Baron told CNBC on Tuesday he believes "there's 10 times more to go" with Tesla. He also said SpaceX will grow by a multiple of 20 in the next 10 years.
As the coronavirus was spreading from China to Europe and eventually to the U.S., Americans borrowed a record amount of money to pay for new and used cars, according to a new report.
Macy's on Monday afternoon announced it has closed on roughly $4.5 billion in new financing, including a previously announced $1.3 billion of debt, to help it weather the coronavirus pandemic.
The reopening of schools around the world following the coronavirus crisis has been the subject of much debate, and while new research suggests it can be done safely, there are certain conditions that need to be met.