DAVID SIMON

The seemingly limitless range of Hong Chau is on display in three films this year, in roles so different that they hardly seem the work of one actor.

The brother of a man killed by a New York bodega worker in self-defense has sent a letter informing the Blue Moon convenience store he is going to sue, according to a report,.

Retailers in the U.S. have announced 4,432 store openings so far this year, compared with 1,954 store closings, according to data from Coresight Research.

The stocks making the biggest moves in premarket trading include Caterpillar, Uber, Pinterest, and more.

CNBC spoke with Simon Property Group CEO David Simon about this weekend's event, the state of the retail industry and the American consumer.

One of the central figures portrayed in the HBO miniseries, she emerged from the underworld of drugs and crime to become an addiction counselor and role model with a story of personal redemption.

Fran Andrews’s story became a book, a miniseries, and an inspiration.

This week’s new entertainment releases include new music from Future and Kehlani, a 10-episode Paramount+ series that dramatizes the behind-the-scenes story of the making of “The Godfather,” and the comedy “I Love That for You” starring former “Saturday Night Live” cast member Vanessa Bayer as a woman longing to be a home shopping channel host.

"We Own This City," the new show from David Simon and George Pelecanos and based on the book by Justin Fenton, tells the shocking story of corruption in the Baltimore Police Department.

His work on "The Wire" stayed with viewers forever. It became a part of him, too.

The "Mad Money" host said rosy outlooks from real estate investment trusts are a reassuring sign.

Simon Property Group saw sales at its shopping malls and outlet centers bounce back to pre-pandemic levels in its latest fiscal quarter.

In one of the year's odder musical ideas, Elvis Costello is releasing a Spanish-language version of his 1978 classic album ‘This Year’s Model.'.

Survivors and relatives of the five people who died in a mass shooting at the Capital Gazette newspaper in Maryland have dedicated a memorial to them and the First Amendment.

Mall owner Simon Property says shoppers are getting back to malls, but that it's hard to predict what traffic trends are going to look like one year from now.

"The [retailers] that want to grow their business are excited," CEO David Simon said Monday evening during a call with analysts. "The healthy retailers that believe in their business — believe in their plans — are making deals." Total revenue fell by about 24% to $1.13 billion, from $1.49 billion a year ago. Simon's funds from operation for the three-month period amounted to $2.17 per share, down from $2.96 per share a year ago. Simon's occupancy rate at the end of the year was 91.3%, a tick down from 95.1% a year ago.

Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State's largest retail shopping space, in King of Prussia, Pennsylvania. Simon Property Group was asked this past weekend to close its Cielo Vista Mall in El Paso, Texas, again, as Covid-19 cases in the area are on the rise, Chief Executive David Simon said Monday. The United States topped 10 million coronavirus cases Monday, as global cases surpassed 50 million. "That's the only one," so far, Simon said about the Cielo Vista Mall, the largest mall in El Paso. With Brookfield, Simon is in contract to acquire most of Penney's assets, including its real estate, out of bankruptcy court.

The biggest U.S. mall owner, Simon Property Group, said Monday that it plans to have roughly 50% of its properties reopened again within the next week, as states begin to loosen their lockdown restrictions during the coronavirus pandemic. Simon owns roughly 200 malls and outlet centers in the U.S., including Copley Place in Boston and Northgate Mall in Seattle. Simon started reopening some of its malls in states including South Carolina and Georgia on May 1, CNBC first reported. As of Monday, the company said it has reopened 77 of its properties in the U.S., where local lockdown restrictions have been eased. Some companies, such as Macy's, Gap and Nordstrom, have laid out their plans to reopen for business in phases.

Simon Property Group, the largest owner of shopping malls in the nation, is closing all of its malls and retail properties because of the coronavirus outbreak. Penney announced Tuesday it is furloughing the majority of its hourly store workers, effective Friday. It had previously started furloughing workers for its supply chain division and at its logistics centers. Ascena Retail Group, which owns Ann Taylor and Loft, said it is furloughing all of its store workers and half of its corporate staff. The layoffs and furloughs at Simon show the commercial real estate industry is not immune to this, either.

Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. The biggest mall owner in the U.S. is close to wrapping up an $81 million deal to rescue teen apparel retailer Forever 21 out of bankruptcy court, the same week it announced its plans to acquire rival mall owner Taubman in a deal valued at $3.6 billion. With Taubman, Simon is doubling down on its thesis that the best and most profitable malls in America will survive, analysts say. The news comes as America's mall owners are faced with some of the most pressure they have ever seen, with retail store closures mounting and bankruptcies rising as more consumers shop online from their couches. Simon shares are down about 24% over the past 12 months.

CNBC's Jim Cramer broke down what parts of the market will be ready to surge higher once the coronavirus outbreak is quelled. The "Mad Money" host argued that the oil and gas industry needs to see some consolidation before their stocks can make sustained gains. Brendan McDermid | ReutersThe market gave a glimpse of how stocks will react when the coronavirus epidemic is quelled, but investors shouldn't turn bullish just yet, CNBC's Jim Cramer said Tuesday. A market or stock is considered "coiled" when it has potential to catapult after a period of facing pressure. "The longer we don't get one, the more likely it is that the energy stocks deserve to be down."

The biggest mall owner in the U.S., Simon Property Group, said it has its work cut out for it, as it makes a bid to salvage bankrupted apparel retailer Forever 21. "With Forever 21, we do think there is a business there," Simon CEO David Simon said Tuesday morning during a call with analysts. But if we are successful ... we will make money at Forever 21." "We would not be attempting to do Forever 21 for the sole purpose of maintaining our rent." In the case of Forever 21, CEO Simon said it was rapid expansion that pushed the company over the edge.

Forever 21 has reached an $81 million deal to sell its retail business to a group that includes Simon Property Group, Brookfield Property Partners and Authentic Brands. Forever 21 said in a bankruptcy court filing it is seeking approval to name the three as the lead, stalking-horse bidders in an auction. Forever 21 is planning to seek approval of the sale by Feb. 11. Authentic Brands in late 2019 bought the rights in bankruptcy court to the Barneys New York brand name. Read the Forever 21 court documents here.

And the people who do shop at Forever 21 may also shop elsewhere. Maintaining occupancy is obviously important.And if Forever 21 were to go away, it might be difficult for mall owners to find replacements. Forever 21 has a strong following and it should be around, he said. Forever 21 had been in substantial, round-the-clock negotiations about the bid, the company said previously in documents filed last week. AdvertisementBloomberg previously reported that Authentic Brands Group and Simon Property Group were mulling a plan to acquire the retail chain.

The CEO of the biggest mall owner in the U.S., Simon Property Group, says the retail industry looks to be "reaching the bottom" of a tumultuous wave of bankruptcies. The CEO's comments come on the heels of Forever 21 and Barneys New York, among other retail chains, filing for bankruptcy this year. The CEO also on Wednesday highlighted the real estate company's recent investments, including it taking a stake in online shopping site Rue La La's parent company, Rue Gilt Groupe. "We're going to be a better real estate operator the more we know e-commerce," Simon explained on the conference call. He also said none of Simon's investments have reached the "material" level, where the real estate investment trust would need to disclose more details on those ventures.

The biggest mall owner in the U.S., Simon Property Group, is teaming with online shopping site Rue La La's parent company to launch a new kind of website for people looking for deals. Simon has been testing the website "ShopPremiumOutlets.com" since March, building on its premium outlet centers business. The mall owner operates dozens of premium outlet centers nationwide and a handful overseas. It says its outlet centers are often further away for customers to reach in a pinch. "If you look at the investments we're making ... we're grounded in real estate, but we're much more than a mall company," Simon told CNBC.

Getty Images(CNN) - Teen clothing retailer Forever 21 is preparing for a potential bankruptcy filing, according to several published reports. Forever 21, which is privately held, has more than 800 stores in 57 countries. And while many retailers have been paring back their network of stores in recent years, Forever 21 was adding stores as recently as 2016. But Forever 21 is still owned by its founders, Do Won and Jin Sook Chang. Mall owner Simon Property Group, for which Forever 21 is a major tenant, took a stake in Aeropostale during its bankruptcy process.

The biggest mall owner in the U.S., Simon Property Group, on Wednesday said it's considering more opportunities where it would invest in a retailer to help keep it afloat. But, he added, "we're only going to buy into companies that we think have brands and that have the volume that is worth doing it." Just about three years ago, Simon and mall owner General Growth Properties, which is now owned by Brookfield Property Partners, teamed up to rescue embattled teen apparel retailer Aeropostale. At the time, Simon had about 160 Aeropostale stores in its portfolio, while GGP had 77. It's already a partner with Authentic Brands Group, a house for brands such as Juicy Couture and Nautica, and recently became a shareholder in e-sports provider Allied Esports, with plans to open up more gaming venues at its malls.