Business

The main Fox Business Flash headlines are here. See what FoxBusiness.com is clicking. JC Penney says he will close 152 additional stores and cut 1,000 jobs as he tries to get out of bankruptcy protection. The company said last month that it had identified 154 stores to close in the …

WASHINGTON TOWNSHIP, MI – A Michigan jeweler has cleaned his store in the name of adventure. Johnny Perri, owner of J&M Jewelers in Macomb County, and his wife Amy Perri buried $ 1 million in gold, silver, jewelry, and antiques throughout Michigan, from Metro Detroit to the Upper Peninsula. Starting …

Today, Bloom energy (NYSE: BE), a leader in fuel cell solutions, revealed aspirations to diversify beyond its core business and enter the commercial hydrogen market. In partnership with SK Engineering and Construction (SK E&C), Bloom Energy aims to produce hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen in South …

“It’s not great, but I don’t think it’s that bad for Max, despite Covid and everything else,” said Sheila Kahyaoglu, defense and aerospace analyst at Jefferies, an investment bank. It may seem wrong for an airline in the midst of a major crisis to buy a tarnished plane that costs …

Text size The Goldman Sachs building is seen in lower Manhattan Photograph by Spencer Platt / Getty Images Goldman Sachs Group has just reported an explosive quarter, thanks to an increase in trade and subscription, but Wall Street wonders how long the good times will last. The investment bank’s shares …