Target closing stores and cutting jobs | Hertz files for bankruptcy | Magic Leap struggling but raises $350m

Wesfarmers, the owner of Target, has announced it will close up to 75 Target stores and cut 1,300 jobs.Hertz, one of world’s biggest car-rental companies, has filed for bankruptcy with about $29 billion in debt.Magic Leap, the much hyped (but struggling) augmented reality tech company has some raised $350 million despite the pandemic.---Web: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookEmail: [email protected] content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.