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Finally some relief from the coronavirus crisis is coming for Macy’s. The department store chain said on Thursday that it will begin reopening stores on Monday, starting with 68 locations of its 500 namesake stores, gradually ramping up from there. The company expects all stores will be open in some manner by mid-June, depending on […]
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Apple said its quarterly revenue increased 1% from last year, as the global coronavirus pandemic hurt iPhone sales and made it harder for the company to manufacture its products. For the first quarter of 2020, Apple’s fiscal second quarter, sales totaled $58.3 billion. That was better than the $54.6 billion analysts had expected. In February, […]
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Amazon.com saw its profit shrink and predicted it may incur a loss in the current quarter due to increased spending to keep logistics operations running smoothly during the coronavirus pandemic. Operating income could range from $1.5 billion to a loss of $1.5 billion in the quarter ending in June, the company said Thursday in a […]
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The Street was bracing for a mixed earnings season. While the impact of the coronavirus has, in many cases, been immediate and dire, corporate earnings for the first quarter are on a lag. “Two-plus of the three months were pretty decent,” says Charles Schwab chief investment strategist Liz Ann Sonders, making earnings for the quarter […]
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Good afternoon, readers. It’s starting to become clear that the coronavirus afflicts certain communities more than others. We’re still learning plenty about COVID-19, an insidious and complicated disease, but it still seems that older people and those with underlying cardiac or respiratory conditions, as well as those with diabetes, face a heavier risk. People of […]
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Smartphone makers shipped 275.8 million devices in that time frame, an 11.7% drop from a year earlier and the largest annual decline ever, according to research firm International Data Corporation.
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Join author and entrepreneur Kim Walsh Phillips as she discusses best practices for driving leads in today’s world.