“Fortnite” delays the end of season event due to protests by George Floyd
The effects of George Floyd’s protests have reached the world of video games. One of the world’s most popular free-to-play shooter games, Fortnite, announced this week that it would delay…
Simon Property sues Gap for not paying rent during coronavirus crisis
The nation’s largest mall operator is suing its largest tenant for not paying rent during the pandemic in what could be the start of a stream of litigation over rent…
US workers file another 1.9 million jobless claims amid coronavirus
Nearly 1.9 million Americans applied for unemployment benefits last week, as the coronavirus crisis left 42 million people out of work in less than three months, new data shows. The…
LVMH Evaluates Coronavirus Impact on $ 16.2 Billion Tiffany Settlement
Luxury giant LVMH is examining the impact of the coronavirus pandemic on its $ 16.2 billion acquisition of Tiffany amid reports that it wants to renegotiate the deal. The Paris-based…
Dow meets for the third day amid the coronavirus, protests by George Floyd
Protests are dividing the United States, a bitter dispute is brewing over Hong Kong, a pandemic continues across the world, and the stock market is on the rise. The Dow…
Quibi asks top executives to take 10 percent pay cut as they say goodbye
Quibi, the startup startup of Hollywood mogul Jeffrey Katzenberg, is already in court mode. Just a month after it launched on April 6, the mobile streaming service is asking top…
Zoominfo Aims to Price IPO Above Target on Largest Tech List 2020
Zoominfo Technologies seeks to price its initial public offering on Wednesday above its revised upward target range on what will be the largest technology list in the United States so…
LVMH wants to renegotiate the $ 16.2 billion Tiffany deal
LVMH Chief Executive Bernard Arnault is exploring ways to reopen negotiations over the $ 16.2 billion acquisition of jewelry chain Tiffany & Co by French luxury goods giant, as social…
Kim Kardashian is in talks with Coty about a new line of cosmetics.
Coty cannot have enough of the Kardashian-Jenner clan. The New York cosmetics giant is in talks with Kim Kardashian West to collaborate on “certain beauty products,” the company revealed in…
AMC issues ‘going concern’ warning, Cinemark predicts problems through 2022
Two large movie theater owners issued warnings on Wednesday about their ability to recover from the coronavirus. AMC, the country’s largest cinema chain, said in a regulatory document that there…