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J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout
J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list of brick-and-mortar retailers pushed to the brink by widespread store closures in response to the COVID-19 pandemic. https://reut.rs/3c6LRL9
Intelligence chief Mustafa al-Kadhimi is regarded as being acceptable to both US and Iran
Iraqi lawmakers have approved a new prime minister and government after six months without one as parties squabbled until the last minute over cabinet seats in backroom deals.
The new prime minister, Mustafa al-Kadhimi, Iraq’s intelligence chief and a former journalist, will head the new government. He will begin his term without a full cabinet, however, after several ministerial candidates were rejected. Continue reading... https://bit.ly/2WDaetH
Investors want to know what kind of economic hit General Motors Co expects from the coronavirus pandemic as it moves forward, whether it needs to raise further cash and when North American vehicle production will resume when it reports first-quarter results on Wednesday. https://reut.rs/2W963Xa
President Nicolas Maduro claims men were among 13 ‘terrorists’ involved in plot to enter country via the coast and oust him
Venezuelan authorities have detained two US citizens allegedly working with a US military veteran who has claimed responsibility for a failed armed incursion into the oil-producing country, President Nicolas Maduro said on Monday.
In a state television address, Maduro said authorities arrested 13 “terrorists” on Monday allegedly involved in a plot he said was coordinated with Washington to enter the South American country via the Caribbean coast and oust him. Continue reading... https://bit.ly/2zeUTHm