Retailers Are Shrinking Logistics Operations in A Changing Consumer Market
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The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
Israel Prepares Gradual Rafah Offensive
Responding to U.S. and international pressure, Israel is scrapping plans for an all-out assault in favor of an approach that seeks to limit civilian casualties.The Wall Street Journal - World - Israel -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - World -
Some Anti-Israel Protesters Are Paid
Rockefeller and Soros grants are subsidizing those who disrupt college campuses.The Wall Street Journal - World - Israel -
Ecuador's Former Comptroller General Convicted in Case Tied to Odebrecht
Carlos Ramon Polit Faggioni was convicted in Miami of accepting more than $10 million in bribes from the Brazilian construction company.The Wall Street Journal - World -
It's One of the Last Pristine Coral Reefs on Earth. Should We Be Visiting It?
The Raja Ampat archipelago of Indonesia looms large in the imaginations of underwater adventurers. But by visiting its relatively untouched reefs are we protecting them—or threatening them?The Wall Street Journal - World -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
A Real Market Fix for Climate Change
If advocates actually want to use the economy, leave carbon credits in the bin. There’s a better way.The Wall Street Journal - World - Climate -
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 -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Southwest closing operations at four airports
Southwest is closing operations at four airports because of delivery delays for Boeing airliners. The cutback comes as the airline reported a first-quarter loss of $231 million, and said it will also limit hiring and offer voluntary leave to ...The Hill - Politics -
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 -
U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
Consumer sentiment weakens in late April, University of Michigan survey says
Consumer sentiment deteriorated near the end of April, according to the latest reading from the University of Michigan.MarketWatch - Business -
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 -
Fernandez to miss rest of season after operation
Chelsea midfielder Enzo Fernandez will miss the rest of the season after undergoing successful surgery on a groin issue.BBC News - Top stories -
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 -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
What ‘telltale signs’ will indicate Israel’s military operation in Rafah?
NBC News International Correspondent Raf Sanchez joins Meet the Press NOW to report on Israel’s latest military operations and what signs to look for that indicate an incoming Rafah military offensive.NBC News - Politics - Israel -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - World - China -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - Business - China -
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 -
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 -
Operation Zufolo: Australia deployed a ‘charade’ to sustain indefinite immigration detention – it failed
Exclusive: The federal government set out to show it was trying to deport non-citizens, knowing there was a risk a key high court ruling could be overturned. But an insider says it was purely symbolic. Get our morning and afternoon news emails, ...The Guardian - World -
The Politics of Ukraine Are Changing
Nine more Senate Republicans reject the isolationist temptation.The Wall Street Journal - World - Ukraine -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Persistently High Commodity Prices Could Delay Rate Cuts
Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.The Wall Street Journal - World -
Russian Missile Incursions Into NATO Risk Wider War, Poland's President Says
Andrzej Duda called the flyovers in Polish airspace provocations that put infrastructure and people in danger.The Wall Street Journal - World - Russia -
The Morning Risk Report
Foreign aid package comes with new sanctions risks for companies, and workers get ready to switch jobs but employers are fighting to stop them. Also, Swedbank to integrate operations tackling financial crime.The Wall Street Journal - World -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World