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AMC shares plunge 30% after Cineworld’s bankruptcy warning
Shares of theater chain AMC plunged on Monday as rival Cineworld warned of potential bankruptcy. AMC shares were down 30%...
GM restores quarterly dividend after more than two years
General Motors said on Friday it would reinstate quarterly dividend payouts. The automaker had suspended dividend payments and share buybacks...
Foot Locker names Mary Dillon as next CEO, Dick Johnson to retire
Foot Locker has appointed Mary Dillon as its CEO replacing Richard Johnson, the company announced on Friday. Dillon will take...
Bed Bath & Beyond shares sink 40% after Ryan Cohen completes sale
Billionaire investor Ryan Cohen exited his position in Bed Bath & Beyond plunging the troubled retailer’s stock 40%. According to...
Amazon accuses FTC of harassing Jeff Bezos and CEO Andy Jassy
Amazon accused the Federal Trade Commission of harassing founder Jeff Bezos and CEO Andy Jassy. The e commerce giant is...
U.S. existing home sales fall for sixth straight month
Previously owned homes sales fell to a two-year low in July compared with June, according to the National Association of...
U.S. streaming overtakes cable TV viewing for the first time
Americans watched more TV from streaming services than broadcast or cable TV in July, surpassing for the first-time cable networks...
Retail sales flat in July amid fall in gas prices
U.S. retail sales were flat in July compared to the previous month, the Census Bureau reported Wednesday. Results are a...
Elon Musk tweets he’s buying Manchester United, then calls it a joke
The richest man on earth again used his Twitter account to make jokes, while creating waves among investors. "Also, I'm...
Target profit plunges 90% as it sells off unwanted inventory
Target on Wednesday said its quarterly profit fell nearly 90% from a year ago, missing by far Wall Street expectations....
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