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Simon Cooper – PA Images | PA Images | Getty Images Washington Wizard’s Thomas Bryant (second right) shoots only to be Goaltending fouled for the winning points during the NBA London Game 2019 at the O2 Arena, London. Washington edged the game on Thursday night by a single point, with …
Read More »Sears’ unsecured creditors object to Lampert’s deal to save company
Gregory Bull | AP Edward Lampert speaks during a news conference to announce the merger of Kmart and Sears in New York Wednesday, Nov. 17, 2004. Sears’ unsecured creditors filed an objection Thursday afternoon to Chairman Eddie Lampert’s deal to save the company through his hedge fund, ESL Investments. In …
Read More »Netflix earnings Q4 2018
Akio Kon | Bloomberg | Getty Images Reed Hastings, chief executive officer of Netflix. Netflix is set to report earnings after the market close Thursday. Here’s what Wall Street expects: EPS: 24 cents, forecast by Refinitiv consensus estimates Revenue: $4.21 billion, forecast by Refinitiv consensus estimates Domestic membership additions: 1.77 …
Read More »Luxury spending could tumble after stock market drops
Gianluca Colla | Bloomberg | Getty Images Visitors pass a giant model of a luxury A. Lange & Soehne wristwatch, manufactured by Lange Uhren GmbH, a watchmaking unit of Cie. Financiere Richemont SA. Spending on watches, jewelry, boats and other luxury goods could tumble because of the recent stock market …
Read More »Signet shares tank on weak holiday sales, store closure warning
Bloomberg | Bloomberg | Getty Images Signage for Kay Jewelers, a subsidiary of Signet Jewelers Ltd., is displayed on the exterior of a store in New York. Signet Jewelers shares tanked more than 21 percent Thursday morning after the diamond retailer slashed its profit outlook and said holiday sales came …
Read More »Sears announces ESL as winning bid in bankruptcy auction
Gregory Bull | AP Edward Lampert speaks during a news conference to announce the merger of Kmart and Sears in New York Wednesday, Nov. 17, 2004. Sears said Thursday that its chairman Eddie Lampert’s hedge fund, ESL Investments, is the winning bidder in the company’s bankruptcy auction. “We are pleased …
Read More »Moonves going to arbitration with CBS over $120 million exit package
Patrick T. Fallon | Bloomberg | Getty Images Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corp., listens during the annual Milken Institute Global Conference in Beverly Hills , California. Former CBS CEO Leslie Moonves is bringing his case against CBS to binding arbitration, the company said in …
Read More »GE headed lower because GECAS worth less than $40 billion
Luke Sharrett | Bloomberg | Getty Images An employee helps install a traction motor onto the truck of a General Electric Evolution Series Tier 4 diesel locomotive at the GE Manufacturing Solutions facility in Fort Worth, Texas. General Electric may yet sell its valuable aviation financing and leasing business, GE …
Read More »Amazon India hiring spree, new restrictions on foreign sellers coming
Bloomberg | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon points to an aquarium while touring the Spheres during opening day ceremonies at the company’s campus in Seattle, Washington, in 2018. The Spheres, a new gathering and working space for Amazon employees located in the …
Read More »Steve Carell reportedly to get millions for Netflix ‘Space Force’
Justin Sullivan | Getty Images Actor Steve Carell speaks on stage during the ‘We Are One: The Obama Inaugural Celebration At The Lincoln Memorial’ on January 18, 2009 at the National Mall in Washington, DC. Netflix may beat the White House to creating the first iteration of a military branch …
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