Macy's sees up to $1.0B Q1 loss amid lockdowns

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Source: Dukascopy Bank SA
On Thursday, Macy's Inc stated it is expecting operating losses of nearly $1.11B in the Q1 due to coronavirus lockdowns that forced the department store operator to close its stores.
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Thu, 21 May 2020 18:46:08 GMT

Shopify to keep offices closed until 2021

Shopify, the Canadian e-commerce company, will let its employees work from home on a regular basis, as it plans to keep the offices shut down until 2021, firm's CEO Tobi Lutke stated on Thursday.

Thu, 21 May 2020 16:45:34 GMT

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The US home sales posted their largest decline of 17.8% in almost ten years last month as the coronavirus crisis hit the country's labour market and global economy, tumbling demand for housing.

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