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Tuesday, June 2, 2020

Big in China and tiny in the U.S., Fast Retailing seen weathering pandemic

The coronavirus pandemic is shredding the global apparel industry, stripping hundreds of billions of dollars from sales and thrusting big names like J.Crew into bankruptcy protection.


from Reuters: Business News https://ift.tt/36VnvlT

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Musk's xAI buys his social media platform X

The move could be aimed at protecting investors, who helped him buy purchase X, from losing money. from BBC News https://ift.tt/upf7MHS