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Hudson’s Bay, the owner of luxury department store Saks Fifth Avenue, has ditched its plan to raise up to $900 million in debt after prospective investors requested a higher interest rate than the company was willing to pay, people familiar with the matter said Wednesday. The pulled bond offering highlights the perceived risk of lending …
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Airbnb said Wednesday its employees could choose to work remotely through the end of August 2021, even if some of its offices reopened as COVID-19 restrictions ease. The company said it would provide a $300 stipend for home office equipment, with an additional $200 to cover ergonomic equipment. Airbnb said its employees will also have …
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Netflix has set the full cast for “Social Distance,” its upcoming quarantine anthology series from “Orange is the New Black” creator Jenji Kohan. Danielle Brooks (“Orange is the New Black”), Mike Colter (“Luke Cage”), Oscar Nunez (“The Office”), Guillermo Diaz (“Scandal”), Asante Blackk (“When They See Us”), Peter Scanavino (“Law & Order: SVU”), Lachlan Watson …
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BEIJING – The moment the metal singer Shui Shu spread his arms, Buddhist prayer beads in hand and incense wafting from the stage, his band unleashed a wall of sound on the crowd. The rapt audience of about 200, many wearing masks, swayed gingerly. By the end of his set, most masks were off. By …
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At-home workouts and outdoor athletic activities are shaping up to be good business for Dick’s Sporting Goods. The retailer’s second-quarter results easily beat Wall Street’s expectations as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. “During this pandemic, the importance of health and fitness has accelerated and …
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At the beginning of March, Lady Gaga announced the initial dates of her “Chromatica Ball” tour promoting her new album, which would have seen her playing a half dozen dates in Europe and the US, concluding at MetLife Stadium on Aug. 19. Well, we all know what happened next, and while a canceled tour is …
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Jeff Bezos is giving a whole new meaning to the title of world’s richest man. The Amazon CEO’s net worth soared to a record $200 billion on Wednesday when shares of his online shopping behemoth hit $3.403.64 on surging demand for contactless shopping. The stock recently traded at $3,406.84, up 1.8 percent, or $60.35 a …
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Antonio Banderas announced on social media Tuesday that he has recuperated from COVID-19. Three weeks after revealing his diagnosis, which he received on his 60th birthday on August 10, the “Mask of Zorro” star said he’s “cured.” “After 21 days of disciplinary confinement I can say now that today I overcame the Covid 19 infection,” …
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The lingering coronavirus pandemic continues to wreak havoc on New York’s economy and workforce — more than four months after the killer bug arrived here, sobering new data from the state Labor Department reveals. New York State York’s unemployment rate in July was 15.9 percent — three-tenths of a percent higher than in June. The …
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A tribute concert celebrating the life of actor Nick Cordero will be exclusively streamed on Labor Day weekend via Broadway on Demand. The webcast takes place Sunday, Sept. 6, at 7 p.m. ET/4 PT. The tribute will celebrate Cordero’s life and career featuring appearances from his former castmates. Cast members from his best-known shows — …
Hudson’s Bay, the owner of luxury department store Saks Fifth Avenue, has ditched its plan to raise up to $900 million in debt after prospective investors requested a higher interest rate than the company was willing to pay, people familiar with the matter said Wednesday. The pulled bond offering highlights the perceived risk of lending …
