Alibaba Is Likely to Set Singles Day Sales Record, Despite Economic Headwinds

Alibaba Is Likely to Set Singles Day Sales Record, Despite Economic Headwinds

BEIJING—A slowing Chinese economy, weakening consumer sentiment and a trade fight with the U.S. aren't likely to spoil Singles Day for Alibaba Group Holding Ltd.
See Original Article

Landlord, Facing Loss of a Big Tenant, Pins Hopes on Amazon HQ2

The owners of a soaring office tower in the Long Island City neighborhood of Queens are in a tough spot. Their best hope out may be Amazon.
See Original Article

Here are the 40 newly announced Sears and Kmart store closures

Sears Holdings Corp. has announced that 40 stores will close in February 2019, adding to the 142 closures the struggling retailer announced previously.
See Original Article

Trump's acting attorney general involved in firm that scammed veterans out of life savings

Donald Trump's new acting attorney general, Matthew Whitaker, was involved in a company that scammed US military veterans out of their life savings, according to court filings and interviews.
See Original Article

Oil just did something it hasn't done in more than 30 years (hint: it isn't good)

A jolt lower for oil since peaking in October has helped crude futures to carve out a bearish record. That is even after U.S. benchmark oil on Thursday fell into bear-market territory, defined as a drop of at least 20% from a recent peak.
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.