J.C. Penney Plunges Amid Weak Results, Loss Forecast
The Plano, Texas-based company said it had a loss of 32 cents per share, or well short of Wall Street expectations.
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The Plano, Texas-based company said it had a loss of 32 cents per share, or well short of Wall Street expectations.
The company has been working to recover from food scares in late 2015 that sent sales plunging.
Walmart said sales were strong across many categories but the grocery business was notable with sales rising the most in nine years.
The complaints claim Musk sought to mislead investors when he said on Twitter that he had secured the funding to take Tesla private.
The federal government racked up a $76.9 billion deficit in July, with increased government spending and tax cuts keeping the country on track to record its biggest annual deficit in six years.
The Democratic National Committee on Friday officially served its lawsuit to WikiLeaks via Twitter, employing a rare method to serve its suit to the elusive group that has thus far been unresponsive.
Four women who used to work for Nike have filed a federal lawsuit against the sporting goods giant, alleging it violated state and federal equal-pay laws and fostered a work environment that allowed sexual harassment.
The Fed has already raised rates twice this year and another two rate hikes are expected before the start of 2019.
The drink is debuting New York City, Boston, Chicago, Los Angeles, San Francisco, San Diego and Seattle before expanding to more cities this fall.
Starting Aug. 30, J.C. Penney will sell in stores items like cribs, high chairs, strollers and car seats that it had formerly sold on its website only.
A United Airlines pilot is accused of sex harassment for allegedly posting explicit photos of a female United flight attendant on the Internet, and the airline did nothing to stop it, a lawsuit alleges.
In the decade since the 2008 financial crisis, the American economy has, by most metrics, recovered what it lost.
A United Airlines pilot is accused of harassment for allegedly posting explicit photos of a female flight attendant on the Internet, according to a lawsuit filed by the U.S. Equal Employment Opportunity Commission.
The decline in Tesla's stock price suggests investors are skeptical that he can pull off the gambit.
Crocs is also closing less productive retail stores as leases expire and focusing more on online sales.
