WASHINGTON (Reuters) – U.S. business activity increased to a six-month high in July, but companies reported a drop in new orders as a resurgence in new COVID-19 cases across the country weighed on demand. Data firm IHS Markit said on Friday its flash …
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Brooks Brothers is seeking court approval for a $305 million stalking horse deal it reached with SPARC Group LLC, which is partly owned by Authentic Brands Group (ABG). SPARC has also committed to acquiring a minimum of 125 Brooks Brothers stores, …
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TAMPA — Bloomin’ Brands, the company that owns Outback Steakhouse, says despite the pandemic it has stores turning profits — mainly, ones in the South. During its second-quarter phone call with investors Friday, the company said Texas and Florida …
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The gold market saw a lot of excitement on Thursday, with its climb over the last five sessions in a row ultimately lifting prices into record territory. “Ordinarily this is the quiet time for gold—summer doldrums,” said Ross Norman, chief executive officer of …
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Bloomberg Daybreak with Karen Moskow and Nathan Hager. GUESTS: Gene Munster. Co-Founder. Loup Ventures. Kathleen Hunter. Politics Editor.
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