Department store chain Lord & Taylor is closing two dozen stores for good, as it continues to seek a buyer to restructure under Chapter 11 bankruptcy protection and keep its business alive. Deals will be up to 40% short, the company said Thursday morning, as it released a full list …
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Both Walmart (WMT) and Target (TGT) delivered fantastic second-quarter reports this week, and Barron’s had noted for the reports that Target was likely to receive a major boost from its results. That’s the way it’s been played, with Target stock jumping 12% on Wednesday afternoon, while Walmart reported losses after …
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A helicopter service for the rich has just been sold out of a shuttle pass between the Hamptons and Manhattan in September, suggesting that many of the rich who fled the city in the pandemic plan to stay in the Hamptons for the fall. Blade, the chopper and mobility company, …
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Volkswagen announced on Thursday that production of the ID.4 compact SUV has begun at its factory in Zwickau, which has been rebuilt at a cost of € 1.2 billion (1.4 billion) to produce 300,000 electric cars a year. produce. The ID.4 could help Volkswagen compete Tesla (TSLA), which already offers …
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Rafael Rodriguez reminds him the moment he learned that Uber and Lyft were leaving Austin. “It was Mother’s Day, and I was with my girl in a restaurant,” he says. ‘I said,’ Now I do not pay for that piña colada. ” Today he laughs about it. But in 2016, …
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