Vice President & General Manager at NI's Aerospace, Defense & Government Business Unit Luke Schreier joins Yahoo Finance’s Zack Guzman to discuss how NI is aiming to accelerate the space race. ...
"There are no bad days in the market. When the market is down, you’ve got bargains, and it’s lovely to think of what you are buying at low prices. When the market is up, the bargains have gone, but you’re rich.” BRUCE GREENWALD (FIRST EAGLE FUNDS) This past Thursday, investors decided that their beliefs that […]...
(Bloomberg) -- Barry Sternlicht’s Starwood Capital Group missed two monthly payments on securitized debt tied to five shopping malls anchored by bankrupt department stores including Sears and J.C. Penney.The delinquent May and June payments are further signs of the damage wrought by the Covid-19 pandemic and economic shutdown, especially to retail. The missed payments total $2.7 million on the $549 million commercial mortgage-backed security, according to data compiled by Bloomberg.Debt delinquencies have soared for mall owners, which lost market share to e-commerce and were hit with tenant bankruptcies even before the pandemic forced shoppers and diners to stay home. By last month, more than 9% of retail commercial mortgage-backed securities were managed by special servicers, the workout firms that handle delinquent debt, up from about 5% before the pandemic, according to property data firm Trepp.Landlords collected an avserage 61% of rent from retail tenants in June, down from 88% in March...
The Corcoran Group Founder and Shark on ABC’s Shark Tank Barbara Corcoran joins Yahoo Finance’s Zack Guzman to break down her thoughts on Nikola as the company takes on Tesla....
With so many streaming services available, picking the right one can be tough. That's why I'm giving you my recommendation on this week's Tech Support....
