Business

A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Kohl’s revenue fell 23% during the fiscal second quarter, the retailer said Tuesday, which was not as bad as analysts feared as the coronavirus pandemic forced stores to close in the US …

Barrick Gold CEO and President Mark Bristow on why gold and precious metals have rallied in recent weeks. Barrick Gold Corp. CEO Mark Bristow thinks Warren Buffett’s inaugural investment in Berkshire Hathaway is an “important step” for his gold mining company and the sector. Berkshire announced a new 20.9 million …

The UK retailer, which sells clothing, food and household goods, said in a statement on Tuesday that cuts to its 78,000-strong workforce would be made in support positions, in regional management and in its UK stores, “reflecting the fact that the change has been felt by the whole company. “ …

Schork Group CEO Stephen Schork discusses the price of oil and what it means for the economy. China’s refineries processed a record amount of crude oil last month, and are now looking to the US to find crude. Ticker Security Last Change Change% OIL BARCLAYS BANK PLC IPATH ETN (18/04/41) …

Stock futures opened flat Monday night to slightly lower as investors took a break after another rally in tech stocks sent the Nasdaq Composite to a record high. Shares of major tech companies including Amazon (AMZN) traded up hours after a 1% gain in Monday’s regular session, after Needham analysts …