Target to open mini Apple stores in select locations
The new layout will hit 17 stores this month.
Tech stocks slide as bond yields spike, GameStop soars
Investors turned their focus to another wild surge in GameStop and a handful of other stocks favored by online investors.
Lawsuits filed against auto insurers over excessive rates amid COVID-19 pandemic
Class action lawsuits were filed in Nevada against 10 major auto insurance companies on Tuesday, contending that the companies charged excessive insurance premiums during the pandemic by failing to account for a drop in driving and crashes.
Cherokee chief asks Jeep to stop using its tribe's name
“I’m sure this comes from a place that is well-intended, but it does not honor us by having our name plastered on the side of a car,” Chief Chuck Hoskin said.
Biden temporarily targets PPP loans to smallest and minority-owned businesses
The Biden administration is readying changes to the PPP aimed at targeting assistance to businesses that employ 20 or fewer workers and those that are minority-owned.
Study warns that post-pandemic era remote work trend could see loss of Capital region downtown revenues
What will happen to downtown areas in the Capital region if people continue to work from home after the pandemic?
Walmart temporarily closes over 600 stores as winter storms pound parts of US
The closures impacted approximately 628 clubs and stores spanning from Oregon to Florida.
Marriott CEO Sorenson dead at 62 after pancreatic cancer battle
Marriott International CEO Arne Sorenson died Monday after a battle with pancreatic cancer, the company said in a statement Tuesday.
Are you eligible for the IRS home office deduction?
Many Americans still find themselves working from home nearly a year after the coronavirus pandemic shut many offices around the country, resulting in mass work-from-home policies some of which may become permanent.
Target offering employees incentives to get COVID-19 vaccines
Hourly team members at Target will get up to four hours of pay and free Lyft rides to get back and forth from vaccine appointments, the company said.
Family of 20-year-old California investor who died thinking he lost over $730,000 sue Robinhood
The parents of Alex Kearns, 20, say he thought he had lost $730,000 when he took his own life. They are now suing Robinhood Financial, claiming the popular stock-trading platform’s business practices "directly" led to their son’s death.
Tesla invests $1.5 billion in Bitcoin, plans to accept as payment
The electric automaker said in an SEC filing Monday that it bought $1.5 billion in Bitcoin and will soon accept the digital currency as payment for cars.
Ulta Beauty commits to doubling Black-owned brands in its stores
Ulta Beauty has announced a new initiative surrounding diversity and inclusiveness regarding its products promising to double the Black-owned brands found in its stores.
Some Redditors call #silversqueeze campaign a 'trap,' claim hedge funds behind surge
The rush into silver futures Monday created confusion amid Wall Street chaos, with some retail traders on Reddit calling the surge in commodity prices a “false flag.”
The real force driving the GameStop revolution
This was the week when a bunch of amateur traders made Wall Street's finest look like idiots.
10-year-old who used Kwanzaa money to invest in GameStop makes thousands
A 10-year-old San Antonio boy made a killing by selling GameStop stock he was gifted more than a year ago.
GameStop stock price frenzy: What to know
Trading volume has surged in shares of GameStop, AMC Entertainment, as well as Bed Bath & Beyond and BlackBerry, stunning Wall Street firms betting that those stocks would fall.
Maryland restaurants, bars allowed to resume service after 10 p.m. starting Monday
Maryland Governor Larry Hogan has issued an emergency order stating that, as of Monday, Feb. 1, bars and restaurants will no longer be required to close at 10 p.m. The statewide order for 50% indoor capacity at restaurants will remain in place.
Lowe's announces another $80M in employee bonuses, will hire more than 50,000 workers
Lowe's announced that it will reward all of its full-time hourly employees with $300 bonuses for their work during the COVID-19 pandemic, while part-time employees will get $150. The company also plans to hire 50,000 more workers for the spring.
Can the IRS snatch your stimulus check money if you owe back taxes? What to know
For millions of Americans who did not receive their second coronavirus stimulus check, there's a quick fix: Claim the missing money when you file your 2020 tax return.