Mall owner Washington Prime goes bankrupt, citing COVID-19
Operator of more than 100 malls around the U.S. goes bust despite cutting executives' pay and furloughing workers.
Khristopher J. Brooks writes about business, economic and financial topics for CBS News and CBS MoneyWatch. His reporting primarily focuses on the U.S. housing market, the business of sports and bankruptcy. Brooks' journalism career started in 2006 as a business and education reporter for the Bristol (Va.) Herald Courier. Before coming to CBS MoneyWatch, Brooks covered startups and entrepreneurship for the Rochester Democrat & Chronicle and local government for Newsday. He holds a bachelor's degree in journalism from Central Michigan University and a master's degree in literary reportage from New York University.
Operator of more than 100 malls around the U.S. goes bust despite cutting executives' pay and furloughing workers.
45th Annual Macy's 4th of July Fireworks will begin at 9:25 p.m. in New York and feature live musical performances.
James alleged the cryptocurrency trading app was operating illegally in New York. Coinseed CEO: I'm the victim here.
A new program from two entrepreneurs in Atlanta aims to entice Black Americans to become owners of shoe retailers.
A football the NFL start threw for his first career touchdown also sold in the same auction for nearly $430,000.
A 250% rise in the cost of wood since last year has added thousands of dollars to the cost of a home.
"All I knew is that I wanted to help Black women," one laid-off worker realized during therapy. So she started a mental health consultancy.
Overdraft charges disproportionately hit Black and Hispanic families as well as lower-income households.
Major League Baseball is joining other sports leagues in trying to cash in on growing demand for digital collectibles.
"How to crop an image is a decision best made by people," Twitter's director of software engineering said in a blog post.
Black Americans in their 30s and early 40s are well behind their White and Hispanic peers in accumulating financial assets.
Most of the openings are in California, Florida, Texas and Virginia, and typical pay is between $60,000 to $90,000 annually.
The bank joins Amazon, Chipotle and McDonald's on a short list of big companies that recently hiked their hourly wages.
Scammers are posing as celebrities to poach bitcoin and other cryptocurrencies from investors, the FTC said.
Gates spokesperson said incident from 2000 had nothing to do with co-founder's departure from Microsoft board last year.