Lowes Customers Slam Retailer for Predatory 3199 Creditcard Apr
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Why middle-tier retailers are suffering as high and low-price stores thrive
The once-popular clothing store Express filed for bankruptcy along with the arts and crafts retailer JOANN. They're just the latest middle-tier retailers to suffer as demand for high-end and budget stores grows. Jordyn Holman, business and retail ...CBS News - Top stories -
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.The Wall Street Journal - World -
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.The Wall Street Journal - World -
German union calls for strikes at retailers IKEA and Metro
Yahoo News - World - Germany -
Walmart Founder's Son to Retire From Retailer's Board
Walmart’s former chair and long-serving board member Rob Walton, the son of the retail giant’s founder, will retire from the company’s board in June.The Wall Street Journal - World -
Walmart Founder's Son to Retire From Retailer's Board
Walmart’s former chair and long-serving board member Rob Walton, the son of the retail giant’s founder, will retire from the company’s board in June.The Wall Street Journal - Business -
300 Music A-Listers Sign Letter in Support of Efforts to Nix Predatory Concert Ticket Resellers
Using bots to snap up seats and reselling them for outrageous markups harms artists and fans, say Billie Eilish, Lorde, and many other artists who signed a letter to Congress.Inc. - Business -
The WSJ Dollar Index Rises 0.5% to 100.62
The WSJ Dollar Index is up 0.5% to 100.62 — higher for two of the past three trading days.The Wall Street Journal - World -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.MarketWatch - Business -
NatWest's Results Beat Views on Improving Customer Confidence
NatWest’s income and profit fell by less than expected in its first quarter, reflecting an improvement in customer confidence and activity and pushing shares to their highest price in more than a year.The Wall Street Journal - World -
NatWest's Results Beat Views on Improving Customer Confidence
NatWest’s income and profit fell by less than expected in its first quarter, reflecting an improvement in customer confidence and activity and pushing shares to their highest price in more than a year.The Wall Street Journal - Business -
Online retailer Shein is latest to face strict European Union digital regulations
Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulationsABC News - Tech -
U.S. Fertility Rate Falls to Record Low
Fewer babies were born in the U.S. in 2023 than any year since 1979.The Wall Street Journal - World -
Watch: The curious case of the murder of Brian Low
Police believed the retired groundsman died because of medical issues - until a post-mortem showed he had been shot.BBC News - Top stories -
Biden approval rating mired at historic low: Gallup
President Biden’s approval rating average is lower than any other president in recent history at the same point in their time in the White House, data released Friday found. The president averaged 38.7 percent job approval in his 13th quarter in ...The Hill - Politics - Joe Biden -
Jefferies boss sells $65mn in stock to buy a customer’s yacht
Purchase shines light on wealth accumulated by longtime chief executive Rich HandlerFinancial Times - Business -
Amazon Ring customers getting $5.6 million in refunds, FTC says
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.CBS News - Top stories - Amazon -
Ring home security customers will get refunds over security-lapse claims
The Biden administration is sending out $5.6 million in refund payments to certain Ring home security system customers after the company settled a federal complaint accusing it of security lapses.NBC News - Top stories -
In Settlement, FTC Sends $5.6 Million in Refunds to Ring Customers
The agency said the Amazon-owned video doorbell and security provider failed to keep personal data safe, leading to "egregious" privacy violations.Inc. - Business -
Thames Water customers will have paid £540mn for London’s ‘Super Sewer’
Breakdown of accounts comes as testing on Tideway tunnel set to begin and UK’s biggest water provider faces debt crisisFinancial Times - Business -
Thames Water customers will have paid £540mn for London’s ‘Super Sewer’
Breakdown of accounts comes as testing on Tideway tunnel set to begin and UK’s biggest water provider faces debt crisisFinancial Times - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
How Insurers Game Out Disaster Risk and Drop Customers
Companies are trying to cut their exposure, but their methods can be flawed.The Wall Street Journal - World -
Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
'We lost £26,000 in a year' - shoplifting hits record in England and Wales
Shoplifting was up by 37% in the year to December 2023, the highest since records began in 2003.BBC News - Top stories -
Microsoft's bullish PC outlook makes us want to buy more of this electronics retailer
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
U.S. birth rate drops to record low, ending pandemic uptick
CDC's provisional figures show a 2% decline in births from 2022 to 2023.CBS News - Top stories -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Intel’s earnings forecast fails to clear low bar, and the stock’s drop continues
Intel Corp. shares dropped 8% in the extended session Thursday, adding to their rough start to the year as the chip company reported revenue slightly below Wall Street’s expectations.MarketWatch - Business -
Thousands of emperor penguin chicks dead due to record low sea ice
Yahoo News - World -
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside accessABC News - Tech -
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside accessABC News - Top stories -
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productiveABC News - Tech - Microsoft -
Used-Car Sales Have Moved Online---Here's Why Both Customers and Dealers Are Happy
The migration has armed consumers with much more information and choices. It has done the same for dealerships.The Wall Street Journal - World