Nicolas Economou | NurPhoto | Getty Images TikTok is preparing for a legal challenge this Monday on the executive order of President Donald Trump banning transactions with the popular short video app and its Chinese parent ByteDance, according to people familiar with the matter. On August 14, Trump issued an …
Read More »
Distressed investment firm Marble Ridge Capital plans to cut its funds after a government report questioned the actions of its managing partner, Dan Kamensky, in the bankruptcy of the Neiman Marcus Group, the company said. “After much deliberation, and in light of the management environment, we have made the difficult …
Read More »
These days, older workers and retirees are understandably worried that their retirement plans will be disrupted by the COVID-19 pandemic and the resulting economic downturn. There are concerns that pre-retirement and recent retirees may have about any economic downturn, and strategies designed to help them cope with multiple financial crises, …
Read More »
Wholesale Club Holdings Inc. of BJ says that the coronavirus pandemic has added the number of new members participating in the retail trade, especially among the young and digitally savvy. BJ’s BJ, + 3.64% says it now has more than six million paid members. “To put this in perspective, over …
Read More »