Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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Text size Skip Royal Caribbean’s Liberty of the Seas on May 19 in Miami Beach, Fla. Cliff Hawkins / Getty Images Royal Caribbean Group CEO Richard Fain continues to see a slow return to business, at least initially, if that happens. Several companies have started operating cruises in Asia and …
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Masayoshi Son, Chairman and CEO of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images SoftBank Group posted a quarterly profit of $ 12 billion on Tuesday after reporting historic losses of $ 13 billion for its last fiscal year. The …
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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 …
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This photo taken on January 11, 2018 shows a woman walking past Marriott signs in Hangzhou in the Chinese province of Zhejiang. – | AFP | Getty Images U.S. hotel operator Marriott International posted a larger-than-expected quarterly loss Monday as the coronavirus pandemic restricted worldwide travel and led to a …
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