FILE - In this May 8, 2020, file photo, a parking lot at a JC Penney store is empty in Roseville, Mich. J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a U.S. bankruptcy court approved the sale of the ailing retailer to two of the nation's largest landlords and its primary lenders. (AP Photo/Paul Sancya, File)
Companies

U.S. bankruptcy court approves sale of J.C. Penney

FILE- This April 25, 2017, file photo, shows an Exxon service station sign in Nashville, Tenn. Exxon Mobil reported on Friday, Oct. 30, 2020, lost $680 million in the third quarter as the global pandemic curtailed travel throughout the world, diminishing the need for fuel. (AP Photo/Mark Humphrey, File)
Companies

Losses mount for oil companies as pandemic grips economy

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