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Wells Fargo Tightens Purse Strings to Ride Out Coronavirus Pandemic

Wells Fargo WFC -0.34% & Co. is slashing costs, cutting staff and tightening up on lending to ride out the coronavirus recession. Its rivals might not be too far behind. The fourth-largest U.S. lender entered the pandemic in worse shape than its peers. The bank ...

Even In A Crisis, Real Estate Is A Solid Investment (If You Know What You're Doing)

I recently wrote an article on mortgages and in it, I talked about how foolish I thought it was for people to shorten their mortgages at a time like this because it's just going to increase their fixed expenses, lock the money away in equity and if they actually need ...

Detroit Pistons: 4 Things To Know As Christian Wood Enters Free Agency

By now all fans of the Detroit Pistons know the story of Christian Wood. He bounced from team to team after going undrafted in 2015, playing for five different NBA teams, never for more than one season, and never playing more than 17 games for any one ...

NextEra Energy Partners (NEP) Q2 2020 Earnings Call Transcript

Motley Fool

Motley Fool

NextEra Energy Partners (NYSE:NEP) Q2 2020 Earnings Call Jul 24, 2020, 9:00 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants. Prepared Remarks: Operator. Good morning, everyone, and welcome to the NextEra Energy, ...

Dollar slump continue on US economic worries, safe-haven yen gains

The safe-haven yen rose on Friday to its highest in more than four-months, while the dollar slumped to near a two-year low, as risk appetite waned due to a host of concerns including a continued rise in coronavirus cases, a delay in the U.S. stimulus package ...

Consider Private Jet Charters To Control Your Travel Environment

Let's face it – these are tough times when it comes to travel. Just the concept of cleanliness, alone, is one that the hospitality industry is making front and center. I'm sure we've all seen the photos of travelers on planes, who are decked out in safety shields.

It's Finally Official: Neiman Marcus Is Closing At Hudson Yards And 3 Other Locations

It comes as no surprise that Neiman Marcus is leaving Hudson Yards, Manhattan's largest multi-purpose private development since Rockefeller Center. A heavy debt load combined with COVID-19 closures had led to an inevitable bankruptcy filing in May.

Visa, Mastercard Debit Fees Are Hurting Retailers, Sen. Richard Durbin Says

Democratic Sen. Richard Durbin is asking the Federal Reserve to probe allegedly anticompetitive practices that are forcing merchants to pay excessive debit-card fees levied during the coronavirus crisis by large networks like Visa Inc. and Mastercard Inc. MA ...

Garmin services and production go down after ransomware attack

ZDNet

ZDNet

Smartwatch and wearables maker Garmin has shut down several of its services on July 23 to deal with a ransomware attack that has encrypted its internal network and some production systems, ZDNet has learned. Ransomware: An executive guide to one of ...

These retailers filed for bankruptcy in 2020

A report from S&P Global Market Intelligence released earlier this month identified the dozens of retailers that have filed for bankruptcy in 2020 — which is now up to 40, following Ann Taylor parent Ascena Retail Group's filing on Thursday morning.