JC Penney to file for bankruptcy: sources

JC Penney to file for bankruptcy: sources

JC Penney Co Inc is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly 850 stores, becoming the latest major US retailer to succumb to fallout from the coronavirus outbreak, according to...
JC Penney to file for bankruptcy: sources

Wall St rises on easing China-US tensions

US stock markets have gained after data showed the economy lost fewer jobs in April than feared due to the coronavirus crisis, adding to optimism from an easing in friction between officials in Washington DC and Beijing. All the 11 S&P sectors were trading higher,...
JC Penney to file for bankruptcy: sources

US unemployment rate skyrockets to 14.7%

The US unemployment rate for April skyrocketed to 14.7 per cent, according to government data released on Friday, as the coronavirus and lockdowns sharply battered the economy. Total non-farm payroll employment fell by 20.5 million in April, the Bureau of Labor...

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By means of closely discounted student rates, Avenue & Smith’s Sports Group, College & University Program offers college students the chance to develop a broader understanding of the sports activities trade by reading both Sports Enterprise Journal and...
JC Penney to file for bankruptcy: sources

US-China co-operation, talks boost stocks

Global shares have rallied as investors cheer signs of improving China-American relations and look towards more governments gradually reopening their economies. The positive mood stands in sharp contrast to the economic data. US unemployment numbers due later on...