2024, the magical SPAC year

The pandemic cramped Rent the Runway’s style—but here’s how the company is fashioning a comeback in 2021

The pandemic has wreaked havoc on the fashion industry, and clothing rental service Rent the Runway has certainly felt the squeeze. Earlier in 2020, the New York City-based company significantly cut costs by instituting layoffs and shuttering its handful of brick-and-mortar stores, among other measures. That said, co-founder and CEO Jennifer Hyman has big hopes […]

The election May Be too close to call for days

Close competitions in five important states imply the U.S. presidential elections might not be determined for weeks , or more, also when President Donald Trump’s falsely claimed victory over Democrat Joe Biden with countless ballots still to be counted. As of 6 New York period Wednesday, Biden’d 238 electoral votes when {} 213, leaving shy […]

The Disney+ streaming business is on a tear, sending shares higher

Shares in Disney were up as much as 2% in pre-market trading on Friday as the company beat expectations on subscriber growth and profits.