Macy’s

Black Investors Take Note: Reddit Rebellion Rescues GameStop Stock

The band of amateur day traders that interact with each other on the Reddit page WallStreetBets, encouraged whoever was listening to buy shares of the flailing GameStop, AMC, Macy’s and Koss stocks. Big investors, often in the form of hedge funds, frequently bet against struggling public companies using a process referred to as “shorting,” which allows investors to bet on the degree of misfortune a stock may experience and earn billions of dollars in profits as a result.

Macy’s, Inc. Temporarily Closes Stores Nationwide in Response to COVID-19 Outbreak

In response to the widespread COVID-19 outbreak, Macy’s, Inc. (NYSE: M) today announced that it will temporarily close all stores by end of business today, March 17, 2020, through March 31, 2020. This includes all Macy’s, Bloomingdale’s, Bluemercury, Macy’s Backstage, Bloomingdales the Outlet and Market by Macy’s stores. Macy’s, Inc. will provide benefits and compensation to its impacted workforce.

NNPA Mid-Winter Training Conference Highlights Global Expansion of the Black Press

The National Newspaper Publishers Association (NNPA) wrapped its Mid-Winter Training Conference on Saturday, Jan. 26, in Orlando, Florida, where publishers, corporate partners and sponsors gathered to help move the publishing industry forward with increased sustainability for the Black Press of America. Included among NNPA partners and sponsors are GM; RAI Reynolds America; the Bill & Melinda Gates Foundation; Ford; Pfizer Rare Disease; Macy’s; Juul; Volkswagen; Lilly; Ascension; Compassion & Choices; Collaborative for Student Success; Nissan; Koch; API; AmeriHealth Caritas; AACR; and AABE. The conference theme, “Innovative Training and Global Expansion of the Black Press of America,” was highlighted throughout, particularly

B. Michael Debuts Runway Fashion Show 47th Annual NAACP Image Awards Luncheon

Macy’s recently partnered with couture and ready-to-wear designer B. Michael to produce the first B. Michael America runway fashion show at this year’s NAACP Image Awards luncheon. Actress and singer Brandy Norwood, known for her work on “Moesha,” “I Still Know What You Did Last Summer,” and “Cinderella,” walked in the fashion show. B Michael previously dressed the star for her media junkets during her run in “Chicago” on Broadway and also collaborated with her costume designer on her new series for BET, “Zoe Ever After.” Following a panel discussion, the fashion show will feature social dresses from the b