May 15, 2020
Another fallen retail giant has walked into the graveyard. And whether it ever leaves — and in what form — is a guess at best. Debt-laden department store J.C. Penney filed for Chapter 11 bankruptcy protection Friday evening. The filing — expected for the better part of a week — was being held up by […]
May 15, 2020
In the current crisis, some small companies have found it extremely difficult to receive the funding they need, something that Clearbanc — which offers venture capital for startups using artificial intelligence (AI) — says has put venture firms in “triage mode.” The...
May 15, 2020
Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) stock moves for the first quarter are out. According to a regulatory 13-F filing for the first quarter ended March 31, Berkshire trimmed its stake in Goldman Sachs (GS) in the quarter, selling around 10 million shares...
May 15, 2020
As COVID-19 infections rise worldwide, pharmaceutical companies working on coronavirus vaccines have floated promising — and sometimes aggressive — timelines for regulatory approval. However, it’s highly unlikely that any treatment will see the light of day in 2020,...
May 15, 2020
One group of real estate agents has filed a lawsuit against the National Association of Realtors (NAR) and two California NAR associations. The May 11 lawsuit swirls around a NAR policy, the Clear Cooperation Policy, approved by the trade group’s board of directors...
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