Victoria’s Secret Hit With Landlord Suit for Lapsed Store

The real estate ramifications of the COVID-19 pandemic and retail store closures during last year’s lockdowns are playing out in court.  Victoria’s Secret is facing allegations by its landlord that the company prematurely ended its stay at the Westfield World Trade Center Shopping Center, located in downtown Manhattan, in alleged violation of a lease agreement.  In a complaint filed in […]

Read more

Unemployment benefits were smaller in May and didn't cover as many expenses, but governors are still ending them

25 GOP governors have decided to end federal unemployment benefits early amid the perception that ongoing labor shortages mean ample work opportunities. But workers may not be returning as expected due to weak business conditions and health concerns. Benefits will also be cut as more bills are due and consumer goods cost more. See more stories on Insider’s business page. […]

Read more

S&P 500, Nasdaq dragged by tech as upbeat data fans inflation fears

(Reuters) – U.S. stocks wavered on Thursday, with tech shares dragging on the S&P 500 and Nasdaq , as investors balanced concerns about inflation and the Federal Reserve reining in stimulus with relief about corporate tax hikes.FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo […]

Read more

Goldman Sachs expecting increase in corporate mergers -executive

FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid/File PhotoNEW YORK (Reuters) -Goldman Sachs Group Inc President John Waldron said on Thursday that the bank expects a ramp-up in corporate mergers in the United States, because company […]

Read more

Garrett Leight Sells Majority Stake to Stabilize Brand and Fuel Growth

Garrett Leight is poised for major expansion thanks to a new partner and a significant financial investment. The founder of Los Angeles-based Garrett Leight California Optical has sold a majority stake in his business to The Untitled Group, a newly formed investment platform specializing in emerging consumer brands. The $20 million investment from New York-based Untitled will create some financial […]

Read more
1 504 505 506 507 508 777