The NHL Seattle expansion team is moving toward announcing its name, logo, and colors. “Some have speculated that it is a lot of free time. It is not,” NHL Seattle CEO Tod Leiweke said Thursday. “Vegas did it a year ago. We will do it long before that.” Vegas Golden …
Read More »Nike slips on Covid-related surprise loss
Text size Gross margins fell 8.20 percentage points, even with fewer discounts, due to supply chain disruptions and related costs. Timothy A. Clary / AFP via Getty Images Nike shares fell after hours as the sporting goods retailer lost a surprise in its fiscal fourth quarter amid store closings as …
Read More »Many Latinos were unable to stay home. Now virus cases are increasing.
Rachel P. Cullen, executive director of the company, said that, as with many companies, Ruiz’s initial response was to give employees the option of working at home and taking vacation or unpaid time off if their jobs couldn’t. be done remotely. After Easter, however, the Tulare County case count skyrocketed, …
Read More »Celebrations of Liverpool fans condemned by police when thousands appear at Anfield
Police have warned Liverpool fans to remember the coronavirus regulations after thousands of fans flocked to Anfield on Thursday to celebrate Liverpool’s first Premier League title in 30 years. Jurgen Klopp’s team clinched the title after second-placed Manchester City lost 2-1 to Chelsea in London, meaning the Merseyside club couldn’t …
Read More »Fed bans share buyback, limits dividend payments for big banks after stress tests
On Thursday, the Federal Reserve banned more than 30 large US banks from repurchasing its shares and limited the size of dividends they could pay to shareholders due to the financial stress of the coronavirus recession. The Fed’s announcement came when the central bank released the results of the 2020 …
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