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 Pier 1 Imports is increasing the number of stores expected to shutter this year.
The Texas-based home goods retailer is looking to close 57 stores.
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 Facebook Inc. CEO Mark Zuckerberg says breaking up big tech won't solve key issues over data privacy and antitrust concerns, but regulation could. At the Aspen Ideas Festival on Wednesday, Zuckerberg repeated calls for regulation of social media and policing online content. He said a good start would be the Honest Ads Act, co-written by presidential candidate Sen. Amy Klobuchar, D-Minn., which would oversee election advertising. Laws on political ads, he acknowledged, are "very out of date." He also defended Facebook's acquisitions of WhatsApp and Instagram, insisting they did not stifle innovation.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Zuckerberg Defends Free Speech, Even When the Speech is False WIREDZuckerberg defends Facebook's decision to keep up Pelosi ‘deepfake' video Yahoo FinanceMark Zuckerberg Says Facebook 'Evaluating' Deep Fake Video Policy TicToc by BloombergFacebook CEO says delay in flagging fake Pelosi video was 'execution mistake' ReutersMark Zuckerberg: We can't stop Russian election interference by ourselves, US government must help CNBCView full coverage on Google News
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The S&P 500's communication-services sector—home to Facebook, Disney and AT&T—posted a median CEO pay of $22.6 million in 2018, higher than any other index sector.
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