Struggling department store chain J.C. Penney (NYSE: JCP) may not be down for the count just yet. Without naming specific sources, Bloomberg reported on Friday the company had received an offer of around $300 million in new financing. If the reports are …
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The new program, aimed at companies with as many as 10,000 employees, comes with some important conditions you need to know before applying. By Diana RansomFeatures editor, Inc. @dianaransom . Getty Images. With the Paycheck Protection …
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An encouraging news report about an experimental drug being developed by Gilead Sciences Inc. for Covid-19 led shares of the drugmaker to jump nearly 8% in trading Friday and helped to spur gains in the total market. A doctor in Chicago told colleagues …
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The Dow Jones Industrial Average staged its best two-week performance since the 1930s, a dramatic rebound that has left many investors with a confounding reality: soaring share prices and a floundering economy. The explosive rally is a sign that many are …
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Some U.S. states have seen gasoline prices at the pump drop to their lowest levels in more than a decade as travel restrictions aimed to stem the spread of the coronavirus pandemic continue to hurt demand for fuel. “Six states are now at their lowest [price] …
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