A man walks into an open Nordstrom store for business as he enters New York City on June 29, 2020, following the second phase of the reopening of New York City following the coronavirus epidemic. Rob Kim | Getty Images Check out the companies making headlines after hours on Tuesday. …
Read More »DraftKings, Tesla, Macy’s and more
The website of fantasy sports DraftKings Scott Olson | Getty Images Here are the stocks that make headlines in midday trading: Tesla – Shares of the electric car company rose more than 1% after two companies upgraded the stock. Morgan Stanley lifted its rating to equal weight underweight on Thursday …
Read More »Macy’s gave $ 9 million in bonuses to executives after thousands of job cuts
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 »Brookfield, other US mall owners rent parking lots during a pandemic
A drive-in theater is installed in the parking lot of Brookfield’s Park Meadows shopping center in Lone Tree, Colorado, just outside of Denver. Source: Kilburn Parking lots, of all places, are becoming major sources of income for some mall owners during the coronavirus pandemic. Brookfield Properties has signed an agreement …
Read More »Influencer Arielle Charnas launches Something Navy after Nordstrom
Influential Arielle Charnas attends the Beach Cover Arielle Charnas Beach Magazine Celebration at the Southampton Social Club on July 24, 2019 in Southampton, New York. Mark Sagliocco | fake pictures Arielle Charnas, the mega fashion influencer with 1.3 million followers on Instagram, is relaunching her Something Navy brand on Monday, …
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