Men with face masks walk past a Gap store in a shopping area as the country is hit by an outbreak of the new coronavirus, in Beijing, China February 7, 2020. Jason Lee | Reuters The tailor Gap Inc. turned its supply chain early on in the coronavirus pandemic to …
Read More »Tesla shares rise to record highs, leaving rivals behind
(Reuters) – Tesla Inc shares continued their meteoric rise on Thursday, scoring another record high and further widening the gap between the Silicon Valley electric carmaker and its traditional competitors in the auto industry. FILE PHOTO: Tesla Inc. Gigafactory 2, also known as RiverBend, is pictured at the spread of …
Read More »Ulta Beauty, Dell Technologies, Workday and more
Fans gather at Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Check out the companies that make headlines after the call: Ulta Beauty – Shares of Ulta Beauty soared 18% in …
Read More »Gap (GPS) reports Q2 2020 loss per share, sales fall 18%
Gap Inc. said Thursday that its total sales fell 18% in the last four years, as e-commerce revenue rose 95% from a year ago, but those gains were offset by a 48% drop in retail sales in the coronavirus pandemic . It swung to a net loss from a year …
Read More »Pelosi, Meadows phone makes no progress
U.S. House Speaker Nancy Pelosi (D-CA) delivers remarks during a weekly news conference on Capitol Hill in Washington, May 28, 2020. Tom Brenner | Reuters House Speaker Nancy Pelosi and White House Chief of Staff Mark Meadows failed to crack a coronavirus relief statement Thursday when they spoke for the …
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