Burberry lifts outlook, but shares fall as China virus and Hong Kong cast a shadow

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Burberry lifts outlook, but shares fall as China virus and Hong Kong cast a shadow

Burberry raised its revenue outlook for the year on Wednesday as it reported strong sales in mainland China. But shares fell amid weak Hong Kong sales and concerns that the emerging coronavirus could present a problem for the British luxury goods retailer.
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Weekly mortgage applications pull back slightly after strong start to 2020

Mortgage rates didn’t move last week, and that took a little bit of steam out of the rush on new mortgages that started the year. Total application volume fell 1.2% last week from the previous week, according to the Mortgage Bankers Association’s seasonally …
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Jaguar Land Rover to cut up to 500 jobs at Halewood factory

Jaguar Land Rover, …
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Solid Earnings Set Stage for Stock Market To Recover

Stocks looked poised for a rebound on Wednesday, helped by some well-received earnings results. Stocks looked poised for a rebound on Wednesday, helped by some well-received earnings results. Stocks looked poised for a rebound on Wednesday, …
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Help wanted: Builders still struggle to find workers

LAS VEGAS – After years of tight supply, there are signs that the building industry’s systemic labor shortage is stabilizing. But that doesn’t mean that there still isn’t a shortfall of thousands of workers in North Texas and across the country. “Any given month we …
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