The home improvement retailer is trying to attract more business from homebuilders and other professional contractors as part of a companywide turnaround effort.
Companies are not issuing financial guidance, but CFOs of major corporations are increasingly certain of a coronavirus negative impact in 2020, according to the Q2 CNBC CFO Council Survey.
Airline loyalty programs began in the early 1980s as a promotional gimmick but now they are a big moneymaker for U.S. carriers. While frequent flyer members can earn points based on the type of ticket purchased, most miles today are earned by doing things other than traveling.
With the SPDR S&P Retail ETF (XRT) tracking for its best quarter on record, two traders share their bull cases for retail despite a slowdown in consumer spending.
Universal Studios Japan said on Monday its theme park in Osaka would open later this month for the first time since closing in March due to the coronavirus.
Delta Air Lines and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying.
"We've now got the biggest communicable disease challenge that I've ever known, and we really need every single nation working together on it, including the U.S.," said the World Health Organization's special envoy for the coronavirus.
A private survey showed manufacturing activity in China expanded for the month of May with the Caixin/Markit Manufacturing Purchasing Manager's Index coming in at 50.7.
The large gatherings protesting the death of George Floyd could cause a catastrophic setback for controlling COVID-19 in the U.S. as cities and states try to reopen, NBC News reports.
Sidewalks across the SoHo neighborhood, Union Square and Fifth Avenue were covered in broken glass. Multiple cop cars had been burnt to nothing but ashes. Stores, including a Duane Reade, Urban Outfitters and Swatch, were looted.
Independents are a key voting bloc in the 2020 election. Here is what millionaires among these swing voters think about President Trump, the coronavirus, and the economy.
As the virus has forced businesses, restaurants, stores and theaters across the country to shut down, a quarter of American workers have filed for unemployment benefits. Yet the public health crisis has also created some new jobs.
"Is office space going the way of retail in five years? That's what investors are really trying to understand," said James Farrar, CEO of real estate investment trust City Office REIT.