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Macy’s Loss Narrows as Stores Reopen

Macy’s Inc. loss narrowed during the second quarter as locations began to reopen from their COVID- 19 induced lockdowns. The Cincinnati-based department store chain lost $431 million, or an adjusted 81 cents per share, as […]

By |2020-09-03T10:17:16-04:00September 3rd, 2020|Articles|Comments Off on Macy’s Loss Narrows as Stores Reopen

Delta Reports First Loss in 5 Years

Delta Air Lines lost $534 million in the first three months of the year, its first quarterly loss in more than five years. It became the first airline to report the financial blow caused by the outbreak of the coronavirus...

By |2020-04-23T11:11:18-04:00April 23rd, 2020|Articles|Comments Off on Delta Reports First Loss in 5 Years