Sources tell FOX Business’s Charlie Gasparino that at least two of the top investment groups are considering an offer for Brooks Brothers in bankruptcy court. The famous retailer Brooks Brothers could be rescued from bankruptcy, but the company can survive as a shell of itself. When Brooks Brothers emerges from …
Read More »NASA: Astronauts to investigate the belly of SpaceX’s Crew Dragon for damage
SpaceX launched NASA astronauts Bob Behnken and Doug Hurley on May 30 to orbit on the private company’s first human flight. Behnken and Hurley traveled in SpaceX’s new Crew Dragon spacecraft, developed with NASA assistance, to the International Space Station. The crew is now completing its test mission and plans …
Read More »Twelve people in Delaware initially said they were negative for
DOVER, Del.- Twelve people who were initially told they were negative for COVID-19 after being tested in Sussex County actually tested positive for the coronavirus. The error occurred when Delaware, through its association with the Walgreens pharmacy chain, collected 2,971 samples at established driving test sites across the state. The …
Read More »Ray Dalio’s Bridgewater Associates reportedly fires dozens of employees
Bridgewater Associates, the world’s largest hedge fund, laid off dozens of employees across the company this month, the Wall Street Journal reported Friday. The job cuts included the Bridgewater investigation team, customer services, recruiters, audit groups and the central management team, according to the report. Bridgewater told the Journal that …
Read More »Verizon Adds Broadband Customers, But Revenue Falls amid Slower Device Sales
Verizon added 173,000 postpaid phone customers and 287,000 postpaid smartphone customers in the second quarter, despite losing 81,000 Fios TV subscribers, the company reported Friday. But he saw a net gain of 10,000 consumer Fios broadband subscribers, even though he had to suspend many home installations due to pandemic restrictions. …
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