Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Neiman Marcus for years craved having a store in luxury’s global capital, New York City. The high-end department store chain finally reached that goal last year, but it proved to be fleeting. The company, […]

For Adam Dell, Marcus—Goldman Sachs’s consumer banking platform—is better equipped than most to deal with the banking industry’s new, post-COVID-19 normal. “There’s been a profound acceleration in the adoption of digital [banking] tools by consumers,” Dell, head of digital product management at Marcus, told Fortune on Wednesday in the wake of Goldman Sachs’s impressive second-quarter […]

Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business, delivered free to your inbox. Mass transit systems around the world have taken unprecedented — and expensive — steps to curb the spread of the coronavirus, including New York shutting down its subways overnight and testing powerful […]

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Too many Americans are testing positive for COVID-19 as a percentage of all those screened for the disease—a worrisome indicator that many states still aren’t testing enough of their infected residents. Arizona, Florida, South […]

Marketplaces, even cybercriminal ones, are subject to the laws of supply and demand. Like more reputable merchants, purveyors of stolen goods have been hit by the coronavirus pandemic. As COVID-19 ravaged the world this year—forcing businesses to close and people to stay at home—demand for stolen credit card data has dropped on dark web shops. […]