Macy’s will bet big on online sales this holiday season and will also move away from malls into smaller outlets. Melissa Fares and Nivedita Balu reported the news for Reuters: Macy’s Inc (M.N) will...
Financial Times reporter Dan McCrum has been awarded the 2020 Ludwig Erhard Prize for his reporting on German payments company Wirecard. The FT’s investigative reporting on Wirecard exposed one of Europe’s largest corporate frauds and sent...
Tesla plans to sell up to $5 billion worth of its new, split stock in several offerings. Dave Sebastian reported the news for the Wall Street Journal: Tesla Inc. TSLA -4.67% said it planned...
United Airlines has dropped fees on ticket changes to encourage more bookings. Tracy Rucinski reported the news for Reuters: United Airlines (UAL.O) said on Sunday it is permanently eliminating change fees on tickets for...
Kevin Meyer, who became chief executive of TikTok has resigned just three months after taking office. Zen Soo reported for the AP: TikTok CEO Kevin Mayer resigned Thursday amid U.S. pressure for its Chinese...
American Airlines will cut another 19,000 jobs beginning October when government aid expires. Alison Sider reported the news for the Wall Street Journal: American Airlines Group Inc. AAL -2.23% said it would shed 19,000...
Alexander Bitter is leaving his post as reporter, food retailers and consumer goods at S&P Global Market Intelligence to join Business Insider covering the world’s largest consumer companies, including PepsiCo, Nestlé, Coca-Cola, Unilever and...
TikTok has filed a lawsuit against the Trump administration alleging a ban announced by the President was “heavily politicized”. Brain Fung reported for CNN: TikTok sued the Trump administration Monday in response to what...
An appeals court ruled to allow Uber and Lyft to continue treating their drivers as independent contractors rather than employees. Cathy Bussewitz and Michael Liedtke reported for the AP: An appeals court has allowed...
Apple’s market value reached $2 trillion for a short while yesterday, for the first time ever. CNN’s Paul R. La Monica reported: Among its many accomplishments — the iPhone, the iPad, iTunes, the App...
