Stitch Fix shares tumbled Monday as investors fled the personal styling service, which issued a bleak outlook and reported quarterly sales that missed analysts' expectations.
Analysts say Russia and Saudi Arabia appear to be battling each other but are really at war with the U.S. oil industry, sucker punched by a sudden 30% decline in oil prices.
Tapestry said Monday Jide Zeitlin, its chairman and CEO, has agreed to stay with the luxury goods retailer over the next three years to work on its plans to restore growth.
The architect of President Obama's 2012 fundraising juggernaut has reached out to more than 700 bundlers in a bid to convince them to back Joe Biden's candidacy.
Uncertainty amid the coronavirus COVID-19 outbreak, and oil price battles between Saudi Arabia and Russia weighed on shares of Tesla and other electric car makers on Monday.
New York Mayor Bill de Blasio on Monday urged people to work from home as the deadly coronavirus continues to spread and the number of confirmed cases rises in the United States.
Facing a wave of pressure from workers and increased scrutiny from lawmakers on Capitol Hill, gig economy companies from Uber to Doordash have been rolling out new policies as coronavirus continues to spread across the U.S. Uber and Lyft are planning to compensate drivers affected by the coronavirus for up to 14 days. Postmates and Instacart have unveiled "no-contact" food delivery. DoorDash, meanwhile, is letting customers leave in-app instructions if they prefer orders left at the door.