By Reuters J.C. Penny is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly 850 stores, becoming the latest major U.S. retailer to succumb to fallout from the coronavirus outbreak, according to people familiar with the matter. A bankruptcy filing would cap […]

By Reuters Amid the carnage of the U.S. employment report for April was one bright spot: superstores led by Walmart Inc <WMT.N>, the world’s largest retailer, added more than 90,000 jobs. Overall, roughly 20.5 million people lost their jobs in April, the U.S. Labor Department said on Friday, a wipeout of jobs at a rate […]

By Reuters Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post–pandemic world. Green hydrogen was pushed to the fore last week when Fatih Birol, head of […]