Shoppers with their Urban Outfitters shopping bags in Soho in New York Richard Levine | Corbis | Getty Images Urban Outfitters shares tumbled Tuesday after the apparel retailer reported disappointing holiday sales and announced its current chief executive is set to depart at the end of the month. Its stock dropped about 11% in after-hours
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Renderings from GM of the “Cadillac halo portfolio” that includes concepts of an autonomous shuttle (right) and an electric vertical take-off and landing (eVTOL) aircraft, also known as a flying vehicle. Screenshot via GM Shares of General Motors hit a record high in intraday trading Tuesday after the automaker unveiled a new electric van and
Cars drive past a Walmart store in Washington, DC, on August 18, 2020. Nicholas Kamm | AFP | Getty Images Walmart said Monday that it’s creating a fintech start-up with Ribbit Capital, one of the investment firms behind Robinhood. The big-box retailer did not share the name of the new company or say when its
A nurse prepares a syringe with the COVID-19 Moderna vaccine for a worker of the New York City Fire Department Bureau of Emergency Medical Services (FDNY EMS), amid the coronavirus disease (COVID-19) pandemic in New York, December 23, 2020. Carlo Allegri | Reuters Moderna doesn’t expect to have clinical trial data on its coronavirus vaccine
A large screen shows Japanese Prime Minister Yoshihide Suga during a live broadcast of a press conference on a state of emergency declared for the greater Tokyo area amid the Covid-19 coronavirus pandemic, in Tokyo on January 7, 2021. KAZUHIRO NOGI | AFP | Getty Images LONDON — Japan’s National Institute of Infectious Diseases (NIID)
A flight attendant gathers trash on a flight aboard a Boeing 737 Max from Dallas Fort Worth Airport to Tulsa, Oklahoma, December 2, 2020. Carlo Allegri | Reuters The head of the Federal Aviation Administration on Saturday said travelers will face serious consequences for unruly behavior on aircraft, a stern warning that comes after several
Moviegoers wear face masks in a screening hall at a cinema almost six months after its closure due to the coronavirus pandemic on July 24, 2020 in Beijing, China. China News Service | China News Service | Getty Images In a year marred by a deadly global pandemic, Japan’s box office set a new record.
Store signs from CVS, Rite Aid and Walgreens stores. Getty Images CVS Health, Walgreens and Rite Aid are getting ready to administer Covid vaccinations in the months ahead, and this effort will give the three largest drugstore chains a chance to show off the work that’s been underway to revamp their businesses and respond to
A person wearing a protective mask stands near a “Store Closing” sign outside a retail store in New York City. Noam Galai | Getty Images Rents for retail space in New York City have tumbled to historic lows, dropping as much as 25% from 2019 levels, as troubled retailers like Neiman Marcus and Century 21
U.S. President-elect Joe Biden speaks as he announces his Justice Department nominees at his transition headquarters in Wilmington, Delaware, U.S., January 7, 2020. Kevin Lemarque | Reuters President-elect Joe Biden plans to release more doses of the Covid vaccines once he takes office, breaking from the Trump administration’s policy of holding reserve doses to ensure