A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Check out the companies that make headlines around the clock: America’s Car-Mart – Shares of America’s Car-Mart jumped nearly 5% in expanded trading after the auto-financing company reported better-than-expected revenue. The company …
Read More »Did the expired benefit of $ 600 federally unemployed people not keep working back? Sudden drop in claims adds fuel to debate
Has the widespread unemployment benefits discouraged many workers from returning to work? A big drop in people seeking or receiving benefits in the past two weeks after the end of a $ 600 federal grant suggests that the answer may be yes. Early unemployment fell to 963,000 in early August, …
Read More »Raises Q2 2020 revenue
A traveler wearing a protective mask is waiting to put a suitcase in the back of a car with parts of ride that displayed Lift signs at San Francisco International Airport on Monday, May 4, 2020. Paul Morris | Bloomberg via Getty Images Lyft just reported revenue in the second …
Read More »SoftBank swings to profit after record loss when Vision Fund returns
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 …
Read More »Lift, Uber, Occidental Petroleum and more
A Lyft logo has been installed on a Lyft driver’s car next to an Uber sticker in Pittsburgh. Gene J. Puskar | AP Check out the companies that make headlines around the clock: Lyft, Uber – Shares of the ride-healing duo deteriorate after a San Francisco Superior Court judge ruled …
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