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All New York and Co. stores are set to close after the retail store filed for bankruptcy protection on July 13.In a press release, the company that owns New York and Co., RTW Retailwinds, said going-out-of-business sales are underway and will last eight to 10 weeks or "until all the merchandise is sold."The company has approximately 380 stores nationwide.The company filed for bankruptcy after sales began dwindling due to the coronavirus pandemic.New York and Co. also join Sur La Table, JC Penney, Pier 1 Imports J. Crew, and Niemen Marcus, as retail stores that have also filed for bankruptcy. 606

Amazon is providing its front-line workers a bonus as a “thank you” amid an influx of business due to the COVID-19 pandemic, the company announced Monday.The bonuses range from 0 for Amazon Flex drivers to ,000 for Delivery Service Partner owners. The bonuses will be paid to employees who worked the entire month of June, the company said.“My thanks and gratitude for the truly remarkable commitment to customers you have shown throughout this journey. I have never been more proud of our teams,” said Dave Clark, SVP WW Operations.Amazon announced the following bonuses for its employees:· 0 for full-time Amazon employees, Whole Foods Market employees, and Delivery Service Partner drivers· 0 for part-time Amazon employees, Whole Foods Market employees, and Delivery Service Partner drivers· ,000 for all front-line Amazon and Whole Foods Market leaders· ,000 for our Delivery Service Partner owners· 0 for each Amazon Flex driver with more than 10 hours in JuneAmazon said it added 175,000 employees since the beginning the pandemic. 1064

Amazon's sales outlook for the fourth quarter was the equivalent of a lump of coal in investors' stockings. Don't worry too much: Jeff Bezos could still deliver a holiday surprise.Shares of Amazon tumbled nearly 10% Friday because investors worried the company's holiday sales could be the worst in years.Amazon (AMZN) is the second-largest retailer in the country, trailing only Walmart (WMT) in annual sales. So a weaker holiday quarter for Amazon could be a bad sign for the overall economy.The Jeff Bezos-led company said Thursday it expected fourth quarter sales to be in a range of .5 billion and .5 billion. That's less than what was expected, and the .5 billion midpoint of this guidance is an increase of just 15% from a year ago.A sales jump of 15% may sound great, but it's pretty tepid for Amazon, which posted a revenue bump of 38% in last year's fourth quarter and increases of more than 20% in both the fourth quarters of 2015 and 2016.The last time Amazon reported a fourth quarter sales increase that was less than 20% was back in 2014, when revenue was up 14.6%. 1097

After spending months in jail for violating probation, rapper Meek Mill could be released as soon as today after the Pennsylvania Supreme Court ordered that he be granted bail.According to WTFX-TV in Philadelphia, the Supreme Court issued the order to the Court of Common Pleas in Philadelphia County to offer the rapper bail. WPVI-TV in Philadelphia also confirmed that Meek Mill, whose real name is Robert Williams, would be released."I’d like to thank God, my family, and all my public advocates for their love, support and encouragement during this difficult time," the rapper wrote on Twitter. "While the past five months have been a nightmare, the prayers, visits, calls, letters and rallies have helped me stay positive.""To the Philly District Attorney’s office, I’m grateful for your commitment to justice. I understand that many people of color across the country don’t have that luxury and I plan to use my platform to shine a light on those issues.""In the meantime, I plan to work closely with my legal team to overturn this unwarranted conviction and look forward to reuniting with my family and resuming my music career."  1155

After a royal wedding unlike any seen before in Britain, Prince Harry and Meghan Markle made a suitably unconventional choice of vehicle in which to travel to their evening reception.Prince Harry drove his new bride, wearing a Stella McCartney dress, from Windsor Castle to nearby Frogmore House in a silver blue Jaguar E-Type, originally built in 1968 but recently converted to electric power. Its number plate bore the date of Saturday's wedding - E190518.Jaguar launched the service to restore and convert existing E-Types to electric power -- the ultimate in upcycling -- last year as Concept Zero, but with a cost of at least 0,000 you'll need a king's ransom to afford it.The green supercar driven by Prince Harry is based on a Series 1.5 E-Type, once described by Enzo Ferrari as "the most beautiful car in the world," with its original gas-guzzling 3.8-liter XK engine replaced by a 295-horsepower electric motor.The Concept Zero offers the same electrifying performance as a petrol-powered E-Type, one of the world's fastest production cars when it was launched in 1961. A top speed of 150mph is claimed for the electric car along with a 0-60mph time of 5.5 seconds and a range of 170 miles.The vehicles are re-engineered in Coventry in the West Midlands by Jaguar Land Rover Classic, the heritage division of the British carmaker, now owned by India's Tata Motors. The Concept Zero was the brainchild of chief Tim Hannig, who told Autocar magazine?that while it may not appeal to every Jaguar purist, he hoped it would attract well-heeled buyers who desire classic motoring "without the oil leaks." 1629

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