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Tag: World economy

Macy’s is planning for a coronavirus hit, but ‘nothing to be concerned about yet’

Zhuying Hua, 40, of Rockville, is concerned about coronavirus and wears a mask while shopping. The store manager said the there was a huge decline in shoppers. Sarah L. Voisin | The Washington Post | Getty Images Macy’s warned investors Tuesday that the coronavirus outbreak, which has shuttered commerce across China and sent markets spiraling, …

Macy’s is planning for a coronavirus hit, but ‘nothing to be concerned about yet’Read More

Corporate borrowing soars and cash flows deteriorate

Jiangsu Pilot Free Trade Zone Lianyungang Area on November 28, 2019 in Jiangsu Province of China. Wang Chun | VCG | Getty Images China’s fourth-quarter economic growth may have been “the weakest of 2019” — but it still showed an improvement compared to the previous quarter and to the same period a year ago, a …

Corporate borrowing soars and cash flows deteriorateRead More

How a lost pair of glasses disrupted the eyewear industry

A Warby Parker’s store in The Standard, Los Angeles, California.  Michael Buckner | Getty Images When Dave Gilboa lost a pair of eyeglasses early on a post-college backpacking trip, little did he know it would lead him to form and co-CEO a company that would not only take on the biggest glasses entity in the …

How a lost pair of glasses disrupted the eyewear industryRead More

European markets mixed amid US-China trade developments

European markets opened mixed on Tuesday as investors await updates on a potential U.S.-China trade deal and monitor economic developments. The pan-European Stoxx 600 hovered fractionally below the flatline in early trade, with basic resources stocks jumping out to 1% gains while utilities fell 0.9% to lead losses. Asian shares rose during Tuesday’s session, following …

European markets mixed amid US-China trade developmentsRead More