Amazon.com Inc., the fast-delivery giant historically under fire for its impact on the environment, has bought the name rights to Seattle’s KeyArena, giving up a corporate nickname for calling the site Climate Pledge Arena. The facility, where the city’s incoming NHL franchise will play and where the WNBA’s Storm already …
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Text size Justin Sullivan / Getty Images Macy’s said Thursday it planned to fire at least 3,900 workers in an effort to cut costs. The troubled retailer says the job cuts are part of a restructuring that it hopes to save $ 365 million in costs this year and $ …
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HBO Max is only one month old, but has already become a destination for streaming classic movies and will beef up his already impressive catalog in July 2020. Along with a handful of original series, such as three-part docuseries Amy Schumer “Waiting for Amy” (July 9th); surreal animated comedy “Close …
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The Federal Reserve requires banks to resubmit their capital return plans in light of the tensions the coronavirus places on the financial system. Olivier Douliery / AFP / Getty Images Text size The banks’ shares sank in the post-market, after the Federal Reserve took a tougher-than-expected stance on payments to …
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Text size JPMorgan Chase shares rose in response to the news. Spencer Platt / Getty Images Bank investors who braced themselves for the bad news on Thursday got at least one dose of something positive: regulators eased the risk-taking restrictions imposed after the 2008-09 financial crisis. The Federal Deposit Insurance …
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