Democratic presidential candidate sen. Elizabeth Warren (D-Mass.) As she campaigns at the Seattle Center on February 22, 2020. Karen Ducey The coronavirus pandemic has delivered a punch of one to two to American workers – a public health emergency coupled with a brutal economic crisis. Our country has lost millions …
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It is the time of retail in the spotlight. Walmart, Home Depot, Kohl’s and Target are among the names reporting this week. This comes after July in retail sales recovered all pandemic losses from coronavirus. Delano Saporu, founder of New Street Advisors, said it makes sense to stay with the …
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Jamie Salter, Chairman and CEO of Authentic Brands Group LLC. Norm Betts | Bloomberg | Getty Images He helped save Barney’s from liquidation last year and plucked retailers Brooks Brothers and denim clothing maker Lucky Brand from bankruptcy this month – just warming up for Jamie Salter. “I’m in the …
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Rackspace Noah Berger | Bloomberg | Getty Images Shares of Rackspace jumped more than 15% Monday morning on a report that Amazon is in talks to invest in the cloud service business. Trading was stopped briefly due to volatility after the report was published in Reuters. A source familiar with …
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A worker prepares packages for delivery in an Amazon warehouse in Brieselang, Germany. Sean Gallup | Getty Images Amazon is under investigation by German authorities for proven abuse of its market position during the coronavirus pandemic. The investigation, led by the German Federal Antitrust Bureau, looks at Amazon’s relationship with …
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