Retail

Rapper T.I. charged by SEC in cryptocurrency scam

The regulator said in its complaint that T.I. -- whose real name is Clifford Joseph Harris -- sold cryptocurrency tokens using his Twitter account and encouraged his followers to invest in the 2017 FLiK initial coin offering.

Mall of America will lay off or furlough hundreds of employees

“When the year began, no one could have predicted the enormous challenges we would face as a business, a community and as a nation,” an MOA spokesperson told FOX Business in a statement. “While we continue to make progress at Mall of America, the road to recovery is going to be slow.”

Century 21 files for bankruptcy, to close all stores

The decision to "wind down of its retail operations" was made after the company's insurance providers failed to pay $175 million that was due under policies put in place to protect them from losses resulting from the COVID-19 pandemic.