People are celebrating on a rooftop in Kips Bay as the city continues Phase 4 from reopening due to restrictions imposed to slow down the spread of coronavirus on August 1, 2020 in New York City. Noam Galai | Getty Images Airbnb announced Thursday a worldwide ban on all parties …
Read More »Apple ‘significant’ iPhone upgrade potential in China: Morgan Stanley
A woman using a smartphone walks past an Apple store in Shanghai, China, May 9, 2019. Qilai Shen | Bloomberg | Getty Images Apple has “significantly potential iPhone upgrade” in China ahead of the launch of its next flagship smartphone, Morgan Stanley said in a note on Wednesday. The return …
Read More »China offers glimpses into retail business post-coronavirus, Bain report says
The headquarters of Alibaba Group Holdings Ltd. will be lit at night ahead of the annual November 11 Singles’ Day online shopping event in Hangzhou, China, on Sunday, November 10, 2019. Qilai Shen | Bloomberg | Getty Images The post-coronavirus retail industry will benefit greatly from the online shopping trends …
Read More »Intel stock market jumps on $ 10 billion purchase
Text size Photo by Alexander Koerner / Getty Images Intel shares are on the rise after the chip company announced an accelerated $ 10 billion program for purchase. Following the completion of the repurchase, Intel said it will have $ 17.6 billion in purchases from the $ 20 billion authorization …
Read More »Target sales are jumping as pandemic speed e-commerce shift
The coronavirus pandemic has widened the gap between winners and losers of retail, increasing the capacity of large U.S. chains that could remain open throughout the pandemic and feed America’s basic needs. The evidence was strong this week when nationwide retailers revealed they were heading out the summer months in …
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