Simon Property sues Gap for not paying rent during coronavirus crisis

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

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

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

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 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 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 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.

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

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…

SoftBank to Invest $ 100 Million in Companies Run by People of Color

SoftBank to Invest $ 100 Million in Companies Run by People of Color

SoftBank Group is launching a $ 100 million fund to invest in “companies led by founders and entrepreneurs of color,” in the latest corporate action as the protests stir up…