Dubai Mall reopens under new safeguards

New York (CNN)Forget Gucci, Chanel or Louis Vuitton. It’s Starbucks that’s emerged as a hot brand for bargain hunters. Shoppers in the past several weeks have flocked to popular resale marketplaces like Poshmark and OfferUp to score mugs, tumblers and cups bearing the Seattle-based chain’s brand. Poshmark CEO Manish Chandra said a pandemic-triggered nostalgia for Starbucks (SBUX) drinks and the […]

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Target CEO responds to Minneapolis protests: ‘We are a community in pain’

Target closes 24 Minnesota stores amid looting Minneapolis stores are taking precaution and shutting down to prevent further looting during protests. FOX Business’ Jackie DeAngelis with more. The death of a black man being detained by a white police officer has unleashed the "pent-up pain of years," the CEO of Target said, promising to send first-aid supplies to areas affected by subsequent […]

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Sotheby’s to Sell $60 Million Bacon Painting in Virtual Auction

The art market will get its first big test since the pandemic began when Sotheby’s holds its evening sales of Impressionist, modern and contemporary art next month, headlined by a Francis Bacon triptych estimated at $60 million. The New York auctions, which will be streamed live on June 29, represent a break from a centuries-old tradition, the company said Friday. […]

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California Coronavirus Update: California Governor Gavin Newsom To Issue Guidelines Next Week For Counties To Open Movie Theaters, Move Into Next Phase Of Reopening

At his press conference on Friday California Governor Gavin Newsom announced that he will issue guidelines next week for some counties to be allowed to move into Phase 3 of the state’s reopening plan, which includes “high-risk workspaces” such as movie theaters. The governor said local conditions would guide whether a county could move into this next stage. The state’s […]

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HBO Max So Far Merits A Grade Of C+ As “An Opportunity Lost,” Analysts Say

Two days after the launch of HBO Max, the two lead analysts at MoffettNathanson are less than impressed. Michael Nathanson and Craig Moffett began their twice-monthly conference call for clients Friday with their early reactions to HBO Max, WarnerMedia’s long-awaited entrant in the increasingly crowded streaming space. It joined Disney+, Apple TV+, Peacock and Quibi as recently launched challengers to […]

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First Patient Didn’t Start Washington Outbreak, Simulation Finds

For months, researchers have believed that the very first known U.S. case of Covid-19 in mid-January may have seeded an initial large outbreak in the Seattle area, spreading undetected for almost six weeks. However, a new analysis from researchers at the University of Arizona and elsewhere, based on computer simulations of how the virus evolves, indicates that this is most […]

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Varney: Elon Musk is the most important executive in the world

Varney: Elon Musk isn’t just a ‘showman,’ he’s a ‘game changer’ FOX Business’ Stuart Varney says his initially opinion on Tesla CEO Elon Musk was wrong. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below FOX Business’ Stuart Varney, in his latest “My Take,” admitted that he has been "wrong" about Tesla […]

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