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Stitch Fix is ​​laying off 1,400 in California, 18% of the workforce

Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC On Monday, the online retailer and wardrobe styling service Stitch Fix said it would fire 1,400 stylists in California between today and the end of September. The cuts affect around 18% of its workforce. The Wall Street Journal had previously reported on the company’s plans. At Stitch Fix, stylists choose …

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Stocks under pressure as Trump promises to end violent protests

NEW YORK (Reuters) – Asian stocks were put under pressure on Tuesday following a decline in Wall Street futures as U.S. President Donald Trump promised to use force to end violent protests in American cities, exacerbating a previously optimistic market mood. FILE PHOTO: passersby wearing protective masks following an outbreak of coronavirus disease (COVID-19) are reflected on a screen showing …

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Michigan drivers due to partial auto insurance reimbursements, states the state

CLOSE Michigan motorists are getting unspecified premium auto discounts. (Photo: Jim Schaefer, Detroit Free Press) LANSING – All Michigan auto insurance companies must grant partial premium refunds because people drive less during the coronavirus pandemic, state officials said Monday. “Michigander has been safe and at home and should see the benefit of lowering auto insurance rates during the COVID-19 pandemic,” …

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Bet founder Bob Johnson calls for bondage repairs, says US will remain “separate and unequal” without them

Black Entertainment Television founder Robert Johnson processed his appeal for $ 14 trillion in repairs to African Americans on Monday in “Special Report”. Johnson told guest Bret Baier that Americans need to look at the “total context” as time goes by. “Part of that context is that people have the right to protest when they see injustice. This goes back …

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Stock futures are flat while investors assess the reopening of the economy amid civil unrest

The New York Stock Exchange (NYSE) was seen in the lower Manhattan financial district during the outbreak of coronavirus disease (COVID-19) in New York City, the United States, on April 26, 2020. Jeenah Moon | Reuters Stock futures fell on Monday’s overnight trades as investors faced civil unrest across the country as states attempt to reopen the economy from the …

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Michigan Governor and state agency announce order requesting auto insurance refunds due to COVID-19

Lansing, Mich. – Governor Gretchen Whitmer and the Michigan Department of Insurance and Financial Services announced on Monday that DIFS director Anita Fox has ordered all Michigan auto insurers to issue refunds or premium exemptions to consumers due to reduced risk. insurance companies due to extreme reductions while driving during the COVID-19 pandemic. “Michigander has been safe and at home …

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Global equities are rising despite tensions between the United States and China

NEW YORK (Reuters) – World equity markets have hovered close to three-month highs and safe haven bonds have declined as risk appetite has risen based on signs that the global economic downturn has bottomed out, despite concerns over violent protests in the United States and unease about Washington’s stalemate with Beijing. U.S. President Donald Trump has left a trade agreement …

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The protests could derail a major reopening scheduled for Las Vegas casinos

Las Vegas Metropolitan Police Officers walk along Las Vegas Boulevard during a Black Lives Matter demonstration calling for justice for George Floyd’s death on May 31, 2020 in Las Vegas, Nevada. Denise Truscello | Getty Images Las Vegas is preparing to launch a “Welcome Back” advertising campaign to encourage visitors to come. But now guests will have to weigh not …

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