Business

The Gap brand, which has faltered in recent years while struggling with an identity crisis, has a new idea on how to revive its fortune: Kanye West. The retailer is partnering with West and Yeezy, its fashion company, for a new clothing line called Yeezy Gap to be unveiled in …

I had a setback. More than 11 million workers with unemployment insurance. But four states, including Florida, still cannot process federal PUA claims. By Wolf Richter for WOLF STREET. This unemployment crisis is changing shape, and some states are still trying to catch up on the torrent of unemployment claims, …

This week, trade organizations said Chinese shipments were suddenly held up at Indian checkpoints, highlighting mounting tensions in a vital trade relationship after countries clashed in a deadly border battle more than a week ago. The India Cellular and Electronics Association (ICEA), which represents Apple (AAPL) and Foxconn, among other …

Walt Disney Co. (DIS) – Get report Shares fell Thursday after the company said it would delay the reopening of its hotels and theme parks in the state of California amid a further surge in coronavirus infections. Disney said it will release a new reopening calendar early next month after …

A cashier, left, returns cash to a customer at a Vineyard Vines store in Illinois. Daniel Acker | Bloomberg | fake pictures US consumers increased their spending by a strong 8.2% in May, partially erasing the record for the past two months, in the context of an economy that is …