Major news organizations are joining the growing chorus of companies pushing for more favorable terms in Apple Inc.’s App Store, a crucial link to new digital customers. In a letter to Apple CEO Tim Cook on Thursday, a retailer representing the New York Times, the Washington Post, The Wall Street …
Read More »Tesla stock flirts with $ 2,000. Here’s what History says comes next.
Text size Tesla stock is more than 40% above its 50-day moving average. Sean Gallup / Getty Images After a short break Wednesday after a 5-day rally that added more than $ 500, or 36%, to the share price, Tesla shares were on the move again, up nearly $ 100, …
Read More »Delta will limit aircraft passengers in early January
View of the cabin of a Delta flight between Minneapolis and Baltimore on April 25, 2020. Sebastien Duval | AFP | Getty Images Delta Air Lines will continue to limit the number of passengers it allows on each flight through early January in an effort to win over potential customers …
Read More »Alibaba earnings analysts have cheered ‘V-shaped recovery’, but stock falls
Alibaba Group Holding Ltd. said most of its companies are now back to “healthy growth” as China recovers from the COVID-19 crisis. The Chinese e-commerce giant topped revenue and revenue expectations with its fiscal report in the first quarter beginning Thursday, although its shares were 1.6% off in midday trading. …
Read More »Only 14 Lord & Taylor stores are left
Five more stores are closing their doors, bringing the total number of Lord & Taylor stores closed to 24. That leaves just 14 locations open, a remarkable decline for the nearly 200-year-old retailer – the first department store to open in the United States States is established States. Sales on …
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