Robinhood investment app seen on a smartphone in this photo illustration on June 24, 2020 in Washington, DC. Jim Watson | AFP | fake pictures Robinhood has postponed the launch of its popular UK stock trading app indefinitely. The Menlo Park, California-based fintech firm told people who signed up on …
Read More »Walmart to give workers a new round of bonuses, close on Thanksgiving Day
Customers wearing face masks shop at a Walmart supermarket amid the new coronavirus outbreak on July 15, 2020 in Washington, DC. Sha Hanting | China News Service via Getty Images Walmart said Tuesday it will award another round of bonuses to hourly employees and close its stores on Thanksgiving Day. …
Read More »Cramer says market movements are ‘crazy’ but ‘please stop comparing them to 1999’
CNBC’s Jim Cramer said Tuesday that “it’s time to admit these moves are crazy” after big gains from some of the biggest tech stocks on the market pushed the Nasdaq Composite to another record the day before, but he’s not forecasting a reversal. Expanding on a tweet in which he …
Read More »Men’s Wearhouse owner Tailored Brands plans to cut jobs, close stores
A showcase for Jos. A. Bank Source: Getty Images The parent company of Men’s Wearhouse announced a round of layoffs and hundreds of impending store closings on Tuesday as its business takes a heavy hit from the coronavirus pandemic. Tailored Brands said it is eliminating approximately 20% of its corporate …
Read More »Pharmaceutical executives tell Congress they can make a safe coronavirus vaccine in record time
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