Bed Bath & Beyond has a three-year plan for a business turnaround. (Getty Images) Bed Bath & Beyond Inc. BBBY, -0.52% laid out a detailed transformation plan during its Wednesday investor day presentation and now analysts have turned their focus toward execution. The strategy includes the launch of more than …
Read More »: Europe is now closing its doors, but its recovery had been running ahead of the U.S.
Nursing staff prepare the use of a lung machine for a COVID-19 patient in the dedicated intensive care unit of the university hospital in Essen, western Germany, on October 28, 2020. ina fassbender/Agence France-Presse/Getty Images All across Europe, governments are introducing new measures to fight a second wave of the …
Read More »CityWatch: Shopping al fresco: New York City will allow stores to operate outside
Retail stores will be able to move outside in an effort to both prevent the further spread of the virus and help small-business owners. AFP/Getty Images New York City’s small businesses can soon set up shop on the city sidewalks. Mayor Bill de Blasio announced the Open Storefronts program during …
Read More »: Another round of stimulus checks could help boost U.S. online holiday sales by $11 billion, Adobe says
More people will shop online this holiday season, sending sales soaring, according to Adobe. (Getty Images) Adobe Analytics forecasts U.S. e-commerce sales to rise by one-third this year, reaching a record $ 189 billion, but that number could hit $ 200 billion if stores shut down again and another round …
Read More »: The ECB is meeting — here’s what analysts say to expect
European Central Bank (ECB) President Christine Lagarde speaks during the 16th Congress of Regions in Saint-Ouen, north of Paris, France, on October 19, 2020. Agence France-Presse/Getty Image The eurozone economy seems destined to contract in the fourth quarter, as a spike in COVID-19 cases has caused governments to once again …
Read More »: Jon Stewart returning to TV with new series for Apple: report
Former “Daily Show” host Jon Stewart testifies during on Capitol Hill in June 2019. Getty Images Jon Stewart, former host of “The Daily Show,” is reportedly making a return to TV, hosting an hourlong current-affairs series on Apple TV+. The Hollywood Reporter broke the news Tuesday, saying the show is …
Read More »The Moneyist: My parents gave my brothers and me $8 million in bonds, stocks and ETFs. I’d like to use my profit to travel. My parents refuse
Dear Moneyist, Last week, my parents surprised my three siblings and I, by giving us an in-life inheritance of $ 8 million U.S. dollars in stocks, bonds, ETFs etc. in a shared account (25% for each). As my brothers and I were discussing that we’d re-invest almost all of the …
Read More »: House Republicans taunt Hillary Clinton after Barrett’s Supreme Court confirmation
Former Secretary of State and first lady Hillary Clinton, seen in a March file photo. AFP/Getty Images Some House Republicans celebrated Monday night’s Senate confirmation of Amy Coney Barrett to the Supreme Court by taunting Hillary Clinton, whose election loss to Donald Trump four years ago opened the door to …
Read More »: Crisco to be sold to Baker’s Joy maker in deal worth $550 million
The J.M. Smucker Co. said late Monday it has agreed to sell its oils and shortening business under the Crisco brand to B&> Foods Inc. for about $ 550 million. It was nothing against Crisco, which was first introduced to U.S. kitchens in 1911 — J.M. Smucker SJM, -0.38% had …
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