Bed Bath & Beyond is cutting about 500 jobs, or 10% of its corporate workforce, as part of a larger restructuring plan in a bid to trim expenses, the retailer announced Thursday.
Constellation Brands will continue a marketing push for its new Corona Hard Seltzer amid controversy that its tagline 'coming ashore soon' is in poor taste.
"A number of the larger companies have started to indicate that the signs that they're getting from the Chinese market is some of the production is coming back online," NRF CEO Matt Shay said.
Major League Soccer held its annual season kickoff event Wednesday in New York, where league officials outlined the league's vision over the next few years including the need for a better media rights package.
"Investors should not discount the benefit of announced and unannounced global policy responses that are likely to outlast the impact of COVID-19," the bank said.