Marks & Spencer says UK Covid-19 curbs hit its Christmas clothing sales

British retainer Marks & Spencer reported another big fall in sales of clothing and homeware in the Christmas quarter. The company blamed the slump on the UK governments as Covid-19 restrictions. Striking a pessimistic note, CEO Steve Rowe said the latest UK lockdowns, which could potentially extend until Easter, may further hit the company’s clothing and home sales.

Marks & Spencer says UK Covid-19 curbs hit its Christmas clothing sales

Parler files new lawsuit against Amazon

US hiring surge February, economy adds 379,000 jobs

Fed chairman says interest rates will stay low

Hurt by COVID-related store closures, shares of GAP fall

US unemployment claims rise to 745,000 as winter storm hit job market

BTS Named world top artists 2020

Jack Dorsey’s Square acquires majority stake in Jay Z’s Tidal

Epic Games acquires ’Fall Guys’ developer Mediatonic

10-second video clip sold for $6.6M as digital assets find favor

Bitcoin may become preferred currency for global trade, Citi says

March trade kicks off solidly, Dow futures climb over 300

Cybersecurity company says social media bots boosted GameStop stocks

Warren Buffett says ’never bet against America’ in letter to investors

UK needs to do more to remain a fintech force, government-backed report says

Kids toy Mr Potato Head gets new, gender-neutral name

Coinbase files to go public, reveals $1.2 billion revenue

US jobless claims fall to 730,000, lowest since November

AT&T to spin off DirecTV, AT&T TV Now and U-Verse into new company valued at $16.25 billion

GameStop shares zoom 100% on fresh news and rumors

Nvidia beat Q4 market expectations, reports record sales

Al Jazeera to launch media platform in US targeting conservatives

Brighter economy expected by Fed’s Clarida in 2021

COVID-19 vaccination drive welcomed by health workers in Ukraine

HP acquiring gaming accessory brand HyperX for $425 million

People plowing money into homes result in Lowe’s Q4 results to surge