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Apparel and home furnishing retailer $JCP said it is proposing to refinance and extend maturity date of $2.25Bil senior secured term loan facility, which is currently set to mature in May 2018 and set to close in June. $JCP said its recent business performance has delivered positive comparable store sales quarter to date through Memorial Day.
$TSLA's Musk says Neuralink will take on AI prominence. Apparently, he wants to avoid a "Terminator" kind situation.
$JCP shares rebounded and now in green territory after saying it will hire 800 consultants as part of a beauty expansion that will include 70 new Sephora store-in-store locations.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.