Jeff Gennette, President and CEO of Macy’s Inc. Mark Kauzlarich | Bloomberg via Getty Images Macy’s handed out $ 9 million in capital awards to six top executives days after laying off about a quarter of its corporate workforce. Department store chain CEO Jeff Gennette received restricted shares worth $ …
Read More »Restaurant reopening reversals a disaster for farmers
But six hours later, he received a call from the building’s landlord that eggs were never collected: The restaurant suddenly closed because a staff member tested positive for Covid-19, and no one canceled the order. After half a day in the hot sun, the eggs could no longer be eaten. …
Read More »Domino’s Pizza (DPZ) Second Quarter 2020 Earnings
An employee moves a pizza to an oven at a Domino’s Pizza Inc. restaurant in Chantilly, Virginia. Andrew Harrer | Bloomberg | fake pictures Domino’s Pizza reported Thursday that its quarterly sales at the same US store soared 16.1% as more consumers ordered pizza delivery and delivery during the coronavirus …
Read More »Jio unveils Jio Glass headset after Google and Facebook endorsement
A new entrant has emerged in the race to develop smart glasses that provide consumers with mixed and augmented reality experiences. The Indian Jio, part of the Reliance Industries conglomerate, announced a new mixed reality headset at its annual general meeting on Wednesday called Jio Glass. Kiran Thomas, President of …
Read More »1.3 million more jobless claims as the US economy continues to falter | Deal
1.3 Millions more Americans applied for unemployment in the United States last week as the economy continues to falter from the effects of the Covid-19 pandemic. The number of new claims has decreased in the last 16 weeks, decreasing 10,000 last week compared to the previous week, although the number …
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