Simon Property Group CEO David Simon Anjali Sundaram | CNBC Simon Property Group Director David Simon said Monday that the company is still looking to hire additional retailers, having already filed for bankruptcy Lucky Brand, Brooks Brothers and JC Penney. “We take inventory at or below cost,” Simon said, explaining …
Read More »Air travel from July down by 75% from 2019, but gun confiscation prices triple
A Transportation Security Administration (TSA) employee screens luggage at LaGuardia Airport. Spencer Platt | Getty Images The coronavirus pandemic is keeping many charitable travelers away from the airport this summer, but the Transportation Security Administration on Monday said it found guns in the bags for passengers at about three times …
Read More »FedEx, UPS shares grow to power Dow transports to 9th straight gain
Shares of FedEx Corp. and United Parcel Service Inc. rose on Monday, to deliver a more than 120-point boost to the Dow Jones Transportation Average, amid Bullish analysts’ remarks about the package delivery giants given signs of increasing e-commerce volume and improved prices. FedEx’s stock FDX, + 8.96% shot up …
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