Month: November 2020

Gigantic new mall languishing in N.J.

When the American Dream mall, a shopping and entertainment complex next to MetLife Stadium in East Rutherford, N.J., finally opened its doors to the public in October 2019, its owner, Triple Five Group, was eager to prove naysayers wrong.

Skepticism had abounded in the 15 years since construction started on the project, which was initially known as Xanadu Meadowlands and promised extravagances like an indoor ski slope. But the mall cycled through developers and billions of dollars in funding, and faced numerous delays.

Once Triple Five, the Canadian real estate firm behind Mall of America in Minnesota, took over in

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Tony Hsieh, former boss of Zappos shoe store, dies at 46

Tony Hsieh, former boss of the online shoe store Zappos, died Friday, November 27, at the age of 46, the company’s website reports. Mr. Hsieh died of injuries sustained in a house fire on November 18 in New London, Connecticut (northeast), according to several US media on Saturday.

“Although Tony retired last summer, we know how huge an impact he had on Zappos (…)because he has spent the last twenty years focusing on the success of the company and its employees ”Zappos current chief

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Second teen dies after Sacramento mall shooting, manhunt underway for suspect: police

A second teen has died after a shooting at a Sacramento, Calif., shopping mall, police said Saturday.

The shooting happened Friday night at the Arden Fair Mall. A manhunt was underway for the shooter, police said. 

Police said the shooting victims were two males 17 and 19. The 19-year-old was pronounced dead at the scene. The other victim died hours after being taken to a hospital with life-threatening injuries.

The motive for the shooting remained under investigation.

Police tweeted that the shooting was an isolated incident. “There is no active threat at this time,” the tweet said.

Police said it

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Stock Market News for Nov 24, 2020 – November 24, 2020

Benchmarks closed higher on Monday after AstraZeneca and The University of Oxford said its coronavirus vaccine was up to 90% effective in trail. Investors also cheered news that claimed President-elect Biden plans to nominate former Federal Reserve Chair Janet Yellen as the Treasury Secretary.

The Dow Jones Industrial Average (DJI) rose 327.79 points, or 1.1%, to close at 29.591.27 and the S&P 500 rose 20.05 points or 0.6%, to close at 3,577.59. The Nasdaq Composite Index closed at 11,880.63, adding 25.66 points or 0.2%. The fear-gauge CBOE Volatility Index (VIX) decreased 4.4%, to close at 22.66. Advancing issues outnumbered declining

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Deals including Gardens Mall, Walmart, Target

Susan Salisbury
 |  Special to The Post

With retailers touting deals for weeks, it may seem like Black Friday has already happened. But despite the COVID-19 pandemic, the popular shopping day is coming, as usual, the day after Thanksgiving.

Millions of people are expected to converge on retail stores at malls and other shopping venues to do some serious Christmas and holiday shopping. Due to the pandemic and shutdowns in the spring, retailers say they need the business more than ever.

“The retail industry has always considered the holiday shopping season to be November and December,” said Amanda Bevis, spokesperson

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