Fanatics team up with Hillhouse Capital to launch China-based operation

[ad_1] A detailed photo of Fanatics clothing displayed at NFL Hospitality during the 2018 NFL Annual Meeting at the Ritz Carlton Orlando, Great Lakes on March 26, 2018 in Orlando, Florida. Mark Brown | Getty Images As Fanatics continues to delay its potential IPO, the sporting goods company is expanding its global operations, this time … Read more

Objective to double the number of Apple stores in its stores

[ad_1] Target Corp. TGT, + 1.12% said on Thursday that it would double the number of Apple Inc. AAPL, + 0.17% boutiques in some stores. The retailer is also unveiling a new shopping experience for stores and its e-commerce site. The new experience will begin rolling out this month with stores in 17 planned locations, … Read more

Stock futures falter after Dow record

[ad_1] U.S. equity futures fell slightly on Thursday, even as a wave of data showed the economy continues to slowly recover. S&P 500 futures fell 0.3%. Futures on the Nasdaq-100 fell nearly 0.8%, suggesting steep declines in tech stocks after the opening bell. Contracts linked to the Dow Jones Industrial Average have fluctuated between gains … Read more

Unemployment claims in the United States fell sharply last week

[ad_1] The number of workers seeking unemployment benefits fell sharply last week, showing that the labor market could stabilize after layoffs increased slightly earlier this winter. Initial weekly jobless claims fell from 111,000 to 730,000 seasonally adjusted last week, the Labor Ministry said Thursday. This was the lowest weekly level of new requests since the … Read more

Unemployment claims show sharp drop last week, labor market remains challenged

[ad_1] Unemployment claims fell sharply last week despite severe winter storms that swept through Texas and other parts of the south, the Department of Labor reported Thursday. Initial jobless claims totaled 730,000 for the week ended Feb. 20, well below the Dow Jones estimate of 845,000. That total represented a substantial decrease from 841,000 the … Read more

Moderna projects revenue of $ 18.4 billion in 2021

[ad_1] A Moderna vaccine (COVID-19) is seen at the LA Mission homeless shelter on Skid Row in Los Angeles, California, United States, February 10, 2021. Lucy Nicholson | Reuters Moderna said Thursday that he expects to generate sales of $ 18.4 billion from his Covid-19 vaccine this year. Releasing its fourth quarter results, Moderna also … Read more