Author: Yvonne Zacharias

Foot Locker powers up with new mega stores

Foot Locker plans to open dozens of “power” stores across the U.S., teaming up with Nike to do it, reports Lauren Thomas of CNBC.(https://www.cnbc.com/2019/08/09/foot-locker-is-opening-massive-power-stores-across-the-us-with-nike.html) These so-called power stores are four times as big as...

Disney misses profit and sales targets

Disney missed profit and sales expectations for the first full quarter since closing a $71.3 billion deal to acquire Rupert Murdoch’s Fox entertainment assets. As part of the deal, Disney took over a portfolio...

Spot gold hits in the roof

Spot gold, seen as a safe-haven investment, has gone through the roof, selling at $1,500 an ounce for the first time in more than six years as financial markets remain jittery.  On Wall Street,...

New York Times shares drop

Reuters is reporting that the New York Times Co. missed Wall Street estimates for revenue on Wednesday and signaled weakness in digital advertising for the rest of the year, sending its shares down 15...