• KeyCorp (KEY): A Rare Banking Stock Hedge Funds Piling Into

    KeyCorp (KEY): A Rare Banking Stock Hedge Funds Piling IntoWe at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]

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  • TX landowners “don’t have to sell their land” despite govt. efforts to build boarder wall: Expert

    TX landowners “don’t have to sell their land” despite govt. efforts to build boarder wall: ExpertAccording to the Wall Street Journal, the government is rushing to survey the land in the Laredo area for a border wall. Legal Director of Racial and Economic Justice Program for Texas Civil Rights Project Efrén Olivares joins Yahoo Finance’s Kristin Myers and Zack Guzman to discuss.

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  • Amazon Shuts Hubs Near Protests; Target Closes More Stores

    Amazon Shuts Hubs Near Protests; Target Closes More Stores(Bloomberg) — Amazon.com Inc. is scaling back deliveries and adjusting routes in a small number of cities including Chicago, Los Angeles and Portland, and Target Corp. is extending store closures nationwide after the death of George Floyd sparked demonstrations across the country.“We are monitoring the situation closely and in a handful of cities we adjusted routes or scaled back typical operations to ensure the safety of our teams,” an Amazon spokeswoman told Bloomberg News.Amazon’s action shows how protests around the country are complicating operations for the e-commerce giant, which has been one of the few consumer-facing companies to benefit during the coronavirus pandemic. Target has been trying to build its online sales business, but retains a heavy bricks-and-mortar presence.Based in Minneapolis where Floyd died in police custody, Target had already closed 32 stores in the area. On Sunday, it said it was closing dozens more around the nation, at least temporarily.“We are a community in pain,” Chief Executive Officer Brian Cornell said in a statement shortly after Floyd’s death. “That pain is not unique to the Twin Cities — it extends across America.”In Chicago and Los Angeles, Amazon delivery drivers received messages Saturday night that said: “If you are currently out delivering packages, stop immediately and return home. If you have not completed your route, please return undelivered packages to the pick-up location whenever you’re able to do so.”Amazon was “in close contact with local officials and will continue to monitor the protests,” and would only re-open delivery stations when it’s safe and will plan delivery routes by monitoring demonstrations in every zip code, according to messages reviewed by Bloomberg.(Adds Target from first paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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