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Amazon pushes Prime Day to September as it returns to normalcy: WSJ

Amazon.com Inc is scheduling its annual Prime Day shopping promotion for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported, citing people familiar with the matter.



5 years ago

Wall Street dips as trade tensions add to virus woes

U.S. stock indexes edged lower at the open on Thursday as growing Sino-U.S. tensions and mixed retail earnings added to worries about the pace of a recovery from a coronavirus-fueled economic slump.



5 years ago

Starbucks recoups nearly two-thirds of comparable U.S. sales as stores reopen

Starbucks Corp said on Thursday it had regained nearly two-thirds of its comparable U.S. store sales from the prior year, as it reopened stores and modified operations due to the coronavirus-related restrictions.



5 years ago

Here's how to get Medicare coverage if you're 65 or older and lose your job

For anyone in the 65-and-older crowd who is now unemployed and lost their workplace insurance (or had coverage through a now-unemployed spouse), it's time to make sure you have Medicare coverage.

5 years ago

BlackRock says all director nominees elected, executive pay approved

BlackRock Inc said on Thursday that all 16 of its director nominees were elected with favorable votes of about 94% at its annual meeting.



5 years ago

'I am constantly on the verge of a panic attack' — Americans are burned out working from home. Here's how to cope

Between juggling work and home life, Zoom calls instead of in-person meetings and possibly having to home-school kids while also parenting them, it's no wonder many Americans are exhausted.

5 years ago

U.S. weekly jobless claims grind lower but backlogs, layoffs linger

Millions more Americans filed for unemployment benefits last week as backlogs in processing claims continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs, pointing to another month of staggering job losses in May.



5 years ago

U.S. state unemployment payments in April jump five-fold from February

Unemployment payments jumped to at least $16.2 billion in April, up more than five-fold from February, as layoffs attributed to the coronavirus pandemic swept through the economy.



5 years ago

Largest asset manager wins backing for jumbo board

BlackRock Inc said all of its 16 director nominees received strong investor support at its annual meeting on Thursday, at which Chief Executive Laurence Fink defended the size of the company's large board.



5 years ago

Morgan Stanley CEO: too early to consider restarting share buy backs

Morgan Stanley's Chief Executive Officer James Gorman told shareholders at its annual meeting on Thursday that it is too early for him or the board of directors to consider reinstating bank's share buy back program.



5 years ago

Michigan Governor Whitmer reopens auto showrooms and retail by appointment

Michigan Governor Gretchen Whitmer said on Thursday she signed a series of executive orders re-opening sectors of the economy across the state, including allowing retail and auto showrooms to resume operations by appointment.



5 years ago

S&P 500 flat as investors weigh trade tensions; TJX surges

The S&P 500 index was largely unchanged on Thursday as growing U.S.-China trade tensions and concerns about a rebound from a coronavirus-led economic slump were offset by an upbeat outlook from retailer TJX.



5 years ago

Shopify Balance Brings Banking and Cash Flow to Merchants

Digital | May 20, 2020 The huge e-commerce company also unveiled buy now, pay later and local delivery tools at its annual conference. Need to Know At Shopify’s annual conference, Unite, the e-commerce platform announced a number of new features. Shopify Balance Account is a “one-stop-shop” account for small business owners and a feature several

5 years ago

U.S. existing home sales post largest decline in nearly 10 years

U.S. home sales logged their biggest drop in nearly 10 years in April as the novel coronavirus pandemic upended the labor market and broader economy, undercutting demand for housing.



5 years ago

Macy's to be 'smaller company' as loss to hit $1 billion in quarter amid lockdowns

Macy's Inc said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut stores due to lockdowns aimed at curbing the spread of the new coronavirus.



5 years ago