Key PointsPayless ShoeSource is preparing for its second bankruptcy, which could come as soon as within two weeks, a person familiar with the situation told CNBC.As part of the bankruptcy process, Payless is looking for buyers for its real estate, which could include selling large blocks of stores in certain areas of the country. If it cannot find buyers, it may need to shutter the majority, if not all, of its North American stores, the person said.The person cautioned that plans remain in flux and it is still possible that Payless could avoid a bankruptcy filing, potentially by finding a...…Key PointsPayless ShoeSource is preparing for its second bankruptcy, which could come as soon as within two weeks, a person familiar with the situation told CNBC.As part of the bankruptcy process, Payless is looking for buyers for its real estate, which could include selling large blocks of stores in certain areas of the country. If it cannot find buyers, it may need to shutter the majority, if not all, of its North American stores, the person said.The person cautioned that plans remain in flux and it is still possible that Payless could avoid a bankruptcy filing, potentially by finding a...WW…

Key PointsIn this article on Saturday asked his 62.5 million followers to determine the future of a chunk of his holdings.Twitter polls are informal, however, and Musk previously said he was likely to sell "a huge block" of his options in the fourth quarter.At an appearance at the in September, Musk said when his stock options expire at Tesla, his marginal tax rate will be over 50% and that he was already planning to sell soon."I have a bunch of options that are expiring early next year, so ... a huge block of options will sell in Q4 — because I have to or they'll expire," Musk said at the...…Key PointsIn this article on Saturday asked his 62.5 million followers to determine the future of a chunk of his holdings.Twitter polls are informal, however, and Musk previously said he was likely to sell "a huge block" of his options in the fourth quarter.At an appearance at the in September, Musk said when his stock options expire at Tesla, his marginal tax rate will be over 50% and that he was already planning to sell soon."I have a bunch of options that are expiring early next year, so ... a huge block of options will sell in Q4 — because I have to or they'll expire," Musk said at the...WW…

Key PointsHouse Speaker said Sunday that Democrats are close to finalizing an agreement on the social safety net plan that would allow for the bipartisan infrastructure bill to move forward."We have 90% of the bill agreed to and written, we just have some of the last decisions to be made," Pelosi said on CNN's "State of the Union."When asked if Democrats will have a deal by the time President leaves for Europe at the end of the week, Pelosi seemed confident. "I think we're pretty much there now," she said. "It's just the language of it."Top Democrats have held a slew of talks in recent days...…Key PointsHouse Speaker said Sunday that Democrats are close to finalizing an agreement on the social safety net plan that would allow for the bipartisan infrastructure bill to move forward."We have 90% of the bill agreed to and written, we just have some of the last decisions to be made," Pelosi said on CNN's "State of the Union."When asked if Democrats will have a deal by the time President leaves for Europe at the end of the week, Pelosi seemed confident. "I think we're pretty much there now," she said. "It's just the language of it."Top Democrats have held a slew of talks in recent days...WW…

Key PointsIn this articleAirbnb CEO on the campaign to attract more hosts as demand surges will have to add millions of new hosts to accommodate guests as travel picks up again following the coronavirus pandemic, CEO Brian Chesky told CNBC."To meet the demand over the coming years, we're going to need millions more hosts," Chesky said in an interview with Deirdre Bosa that aired Friday on CNBC's "." The home-sharing platform now has 4 million hosts."I think that we probably will have a high class problem where there will probably be more guests coming to Airbnb than we'll have hosts for,...…Key PointsIn this articleAirbnb CEO on the campaign to attract more hosts as demand surges will have to add millions of new hosts to accommodate guests as travel picks up again following the coronavirus pandemic, CEO Brian Chesky told CNBC."To meet the demand over the coming years, we're going to need millions more hosts," Chesky said in an interview with Deirdre Bosa that aired Friday on CNBC's "." The home-sharing platform now has 4 million hosts."I think that we probably will have a high class problem where there will probably be more guests coming to Airbnb than we'll have hosts for,...WW…

Key PointsUber CEO: We will look into cannabis delivery when it's legal federally could start delivering cannabis once federal regulation allows the company to do so, CEO Dara Khosrowshahi told CNBC on Monday."When the road is clear for cannabis, when federal laws come into play, we're absolutely going to take a look at it," Khosrowshahi said in a "" interview.Marijuana remains illegal under federal law, but some lawmakers have expressed a willingness to change policy. The federal government has been allowing states to legalize the drug with little interference over the past few years. And...…Key PointsUber CEO: We will look into cannabis delivery when it's legal federally could start delivering cannabis once federal regulation allows the company to do so, CEO Dara Khosrowshahi told CNBC on Monday."When the road is clear for cannabis, when federal laws come into play, we're absolutely going to take a look at it," Khosrowshahi said in a "" interview.Marijuana remains illegal under federal law, but some lawmakers have expressed a willingness to change policy. The federal government has been allowing states to legalize the drug with little interference over the past few years. And...WW…

Key Points'The right to vote is fundamental:' Black business leaders urge corporate response to voting lawsBusiness executives across the United States are calling out efforts to restrict voting access after Georgia Gov. Brian Kemp that opponents say would disproportionately disenfranchise people of color.Among the overhaul of state elections, the bill includes a restriction on drop boxes, makes it a crime to provide food or water to voters lined up outside polling stations, requires mandatory proof of identity for absentee voting and creates greater legislative control over how elections...…Key Points'The right to vote is fundamental:' Black business leaders urge corporate response to voting lawsBusiness executives across the United States are calling out efforts to restrict voting access after Georgia Gov. Brian Kemp that opponents say would disproportionately disenfranchise people of color.Among the overhaul of state elections, the bill includes a restriction on drop boxes, makes it a crime to provide food or water to voters lined up outside polling stations, requires mandatory proof of identity for absentee voting and creates greater legislative control over how elections...WW…

Key PointsIn this article said Thursday that last week was its best, in terms of rider volume, since lockdowns began in March 2020. The company also posted positive year-over-year growth in daily ride-hailing volume for the first time in a year on Wednesday, March 17.The company's stock closed up 0.23%.Ride-hailing companies are beginning to rebound from their lows as Covid vaccines roll out and state restrictions are lifted, pushing people to feel more comfortable returning to work or traveling. As of Wednesday's close, shares of Lyft and were up more than 250% and 198%, respectively, year...…Key PointsIn this article said Thursday that last week was its best, in terms of rider volume, since lockdowns began in March 2020. The company also posted positive year-over-year growth in daily ride-hailing volume for the first time in a year on Wednesday, March 17.The company's stock closed up 0.23%.Ride-hailing companies are beginning to rebound from their lows as Covid vaccines roll out and state restrictions are lifted, pushing people to feel more comfortable returning to work or traveling. As of Wednesday's close, shares of Lyft and were up more than 250% and 198%, respectively, year...WW…

Key PointsPresident Joe Biden said Saturday that Americans will start getting their stimulus checks this month, as Democrats rush to send more aide out."When we took office 45 days ago, I promised the American people that help was on the way. Today, I can say we've taken one more giant step forward in delivering on that promise that help is on the way," Biden said in an afternoon press conference."This plan will get checks out the door starting this month to the Americans that so desperately need the help," the president said. The Senate passed the $1.9 trillion coronavirus relief...…Key PointsPresident Joe Biden said Saturday that Americans will start getting their stimulus checks this month, as Democrats rush to send more aide out."When we took office 45 days ago, I promised the American people that help was on the way. Today, I can say we've taken one more giant step forward in delivering on that promise that help is on the way," Biden said in an afternoon press conference."This plan will get checks out the door starting this month to the Americans that so desperately need the help," the president said. The Senate passed the $1.9 trillion coronavirus relief...WW…