New Jersey Governor Phil Murphy told CNBC on Friday that he believes K-12 schools in the state will reopen for face-to-face classes in the fall. “We want them to, and I think they will,” Murphy said in “Squawk Box,” while acknowledging that hopes of reopening schools could be derailed if …
Read More »Microsoft to close retail stores
A Microsoft store in New York. Scott Mlyn | CNBC Microsoft announced on Friday that it will permanently close its Microsoft Store stores. Instead, it will focus on its online store at Microsoft.com, where customers can request support, sales, training, and more. Microsoft said members of its retail team will …
Read More »Spain, Ireland, Luxembourg fight for work
This combination of archive images taken on June 10, 2020 shows (LR) to the Luxembourg Minister of Finance, Pierre Gramegna, on December 4, 2017, in Brussels; The Minister of Economic Affairs of Spain, Nadia Calvino, on June 8, 2018 in Madrid; and Irish Finance Minister Paschal Donohoe on October 8, …
Read More »Nike, Albertsons, Amazon, Big Lots and more
Take a look at some of the most important engines on the previous market: Nike (NKE) – Nike lost 51 cents a share in its last quarter, well below the consensus forecast for a profit of 7 cents a share. The footwear and sportswear maker’s revenue was also well below …
Read More »Personal income May 2020
A cashier, left, returns cash to a customer at a Vineyard Vines store in Illinois. Daniel Acker | Bloomberg | fake pictures US consumers increased their spending by a strong 8.2% in May, partially erasing the record for the past two months, in the context of an economy that is …
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