Microsoft to close its physical stores

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Microsoft to close its physical stores

Microsoft announced Friday that it will close all of its physical Microsoft Store locations and focus on e-commerce operations. The closures are expected to result in a charge to the company of $450 million. Retail employees will assist customers remotely, and …
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US pending home sales see record-breaking rebound in May

SILVER SPRING, Md. — The number of Americans signing contracts to buy homes rebounded a record 44.3% in May after a record-breaking decline the previous month, as the impact of the coronavirus pandemic sidelined both buyers and sellers.
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Nikola Opens $5000 Reservations for Badger ETruck

Nikola (NKLA) – Get Report shares on Monday rose amid the opening of $5,000 reservations for the electric-vehicle maker’s pickup truck. Prototypes for the Badger haven’t been offered yet. Nikola said in a March filing that it didn’t expect to form plans for the …
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Merck Animal Health invests $100 million in DeSoto facility expansion

Merck Animal Health has announced an investment of $100 million in facility expansion and enhancement efforts in its U.S. manufacturing site in DeSoto, Kan. Investments to the site include a technological expansion of the vaccine production facility, which …
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Supreme Court Backs President's Power to Fire CFPB Director

A divided U.S. Supreme Court said the president must have broad power to fire the director of the Consumer Financial Protection Bureau, ruling that Congress went too far in trying to insulate the agency from political pressure. The justices on Monday largely …
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