Sunday , 8 February 2026

Recent Posts

Czech billionaire bets big on Macy’s, Foot Locker

Bloomberg Across the US, sales are cratering, bankruptcies are on the rise, and unemployment has hit unprecedented levels. With consumers glued to the couch watching Netflix or commiserating over Zoom, retailers have been especially hard hit. Yet even as the coronavirus pandemic wreaks havoc on American malls and main streets, a billionaire from Prague sees something in the wreckage: bargains. …

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Amazon shuts down hubs near protests

Bloomberg Amazon.com is scaling back deliveries and adjusting routes in a small number of cities including Chicago, Los Angeles and Portland after the death of George Floyd in Minneapolis sparked demonstrations around the country, prompting curfew orders. “We are monitoring the situation closely and in a handful of cities we adjusted routes or scaled back typical operations to ensure the …

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Canada’s Brookfield rejoins race to buy Virgin Australia

Bloomberg Brookfield Asset Management rejoined the race to buy Virgin Australia Holdings Ltd, according to a person familiar with the situation, as administrators prepare to narrow the field of suitors for the collapsed carrier. The Canadian asset manager submitted a bid to administrators at Deloitte, said the person, declining to be named since the proposal hasn’t been made public. Deloitte, …

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