On Monday, JCPenney announced that it paid a $4.5 million bonus to CEO Jill Soltau, and CFO Bill Wafford, Chief Merchant Michelle Wlazlo, and Chief Human Resources Office Brynn Evanson, each received ...
As the retail store faces bankruptcy threats, JCPenney has been in talks with major lenders to secure a $450 million “debtor in possession” (DIP) loan to keep the company afloat. The DIP loan is s...
As many states in the US reopen and explore more ways to ensure precautionary measures such as social distancing and the use of face masks, experts are concerned that there could be an increase in inf...
As part of the government’s strategy to salvage the US economy during the coronavirus pandemic, the Federal Reserve has introduced a bond ETFs program. The program is aimed at supporting credit flow...
While a few gig and service workers do not consider working from home as so much of a big deal, organizational workers are still getting a hang of this new work lifestyle.Many big companies that need ...
Due to shortages of meat, Wendy’s (WEN) has been forced to take burgers off the menu in some restaurants, due to the coronavirus pandemic. This decision was a ‘hard pill’ for Wendy’s to swallo...
The impact of the coronavirus pandemic on businesses differs as not every company has been badly hit. Amid the coronavirus pandemic, certain companies have stood out in their industries and they coul...
Revenue: $524.6 millionEarnings per share: A loss of 20 centsPeloton (PTON) reported a 66% increase in its sales from a year ago to $524.6 million. The company is one of the beneficiaries of the Covid...
The S&P 500 is a collection of the large 500 companies by market capitalization in the US. On Wednesday, the S&P 500 announced that it was including Domino’s Pizza (DPZ)on the list. These 50...
The Standards & Poor’s 500 Index, commonly known as S&P 500, is a market capitalization index of the 505 large-cap companies in the US. These companies’ market capitalization makes up 80% ...