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Aggressive Temu and Shein Drive Up Online Marketing Costs
The Chinese e-commerce companies are pushing up prices for the keywords retailers rely on to attract online shoppers on Black Friday.Business - Inc. - 3 days ago -
Amazon launches an online discount storefront to better compete with Shein and Temu
Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20Tech - ABC News - November 13 -
Amazon debuts discount store with everything under $20 to take on Temu and Shein
Called "Amazon Haul," the storefront is accessible through the company's mobile app, and it promises "crazy low prices" on a plethora of goods.Business - CNBC - November 13 -
Amazon Launches 'Haul' to Sell Low-Priced Items to Compete with Temu, Shein
All items on Haul will be priced at $20 or less and take up to one or two weeks for delivery.Business - The Wall Street Journal - November 13 -
Amazon Launches Discount Web Storefront to Compete with Shein, Temu
The new Amazon Haul storefront is expected to feature products under $10 and offer free delivery on orders over $25.Business - Inc. - November 13 -
Biden’s plan for Medicare coverage of weight-loss drugs would drive up costs by billions of dollars
The plan would need to be supported by the incoming Trump administration, which has vowed to cut costs across the federal government.Business - MarketWatch - 35 minutes ago -
London drives surge in UK rental costs
Rents soar in October on back of high demand and pre-Budget landlord salesWorld - Financial Times - November 20 -
Deutsche’s private bank fires over 100 bankers in cost-cutting drive
Frankfurt-headquartered lender has imposed demanding targets on underperforming unitBusiness - Financial Times - November 11 -
Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.Business - The Wall Street Journal - November 20 -
Amazon launches under-$20 online storefront to compete with Temu
Company says Amazon Haul will mostly feature products under $10, which it plans to ship from China warehouse. Amazon has launched a low-cost online storefront featuring electronics, apparel and ...World - The Guardian - November 13 -
The Papers: 'Markets turn on Reeves' and 'soaring cost of sickness claims'
Investors' reactions to the Budget and forecasts for the cost of sickness benefits lead the papers.Top stories - BBC News - November 1 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - November 15 -
FirstFT: US companies rush to cash in on Trump market rally
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - November 15 -
Manchester United spent £8.6m sacking staff in Jim Ratcliffe cost-cutting drive
Club made 250 members of staff redundant in summer Total debt rises to £714m after £200m transfer spend Manchester United spent £8.6m on redundancies in the first quarter of its financial year ...World - The Guardian - 4 days ago -
France's political chaos drives borrowing costs to the same level as Greece's for the first time
France's brewing political crisis is spilling into financial markets with French borrowing costs hitting the same level as debt-ridden Greece's for the first time.Business - CNBC - 2 days ago -
The Papers: 'Reeves is driving up prices' and William's 'hardest year'
New inflation fears and poignant remarks by the Prince of Wales make Friday's front pages.Top stories - BBC News - November 8 -
Why Trump’s Deportations Will Drive Up Your Grocery Bill
How will voters react?Top stories - The New York Times - November 11 -
Public sector pay deals help drive up UK borrowing
Borrowing was £17.4bn last month, the second highest October figure since monthly records began in 1993.Top stories - BBC News - November 21 -
Emergency Vehicle Lights Can Screw Up a Car's Automated Driving System
Newly published research finds that the flashing lights on police cruisers and ambulances can cause “digital epileptic seizures” in image-based automated driving systems, potentially risking wrecks.Tech - Wired - 4 days ago -
Stocks and the Dollar Jump After Trump Wins Presidential Election
Bitcoin hit a record, Tesla stock soared and a wide range of markets around the world moved sharply as Donald J. Trump claimed victory.Business - The New York Times - November 6 -
UK air traffic control failure cost up to £100mn, finds review
Report into August 2023 travel chaos highlights lack of planning and training across the aviation sectorWorld - Financial Times - November 14 -
BJ's Wholesale Club to Raise Annual Membership Cost, Ups Guidance
The bulk retailer raised its earnings guidance after announcing it would increase its annual membership fee for the first time in seven years and add more fresh food to its shelves.Business - The Wall Street Journal - November 21 -
The 2 things that will drive the stock market after last week's Trump-Fed rally
Talk about an eventful week. And, the hurdles to come.Business - CNBC - November 10 -
40% of investors are considering this money move after the election: It may cost them 'really great gains,' says market strategist
Making decisions about your portfolio based on the election will likely cost you, experts say. Here's how to keep anxiety from hurting your finances.Business - CNBC - November 5 -
Investors step up bets that US election will trigger market volatility
Jitters sweep through bond and currency markets before presidential voteWorld - Financial Times - November 1 -
UK mortgage market perks up as refinancing burden eases
Bank of England data highlights impact of decline in interest ratesWorld - Financial Times - Yesterday -
‘Used like taxis’: Soaring private jet flights drive up climate-heating emissions
Analysis of 19m flights between 2019 and 2023 reveals 50% rise in emissions, condemned as ‘gratuitous waste’. Private jet flights have soared in recent years, with the resulting climate-heating ...World - The Guardian - November 7 -
'I started driving two years ago - now I've been signed up by McLaren'
Ella Lloyd is in the all-female F1 Academy and hopes to be among the first female drivers.Top stories - BBC News - November 18 -
Do you need to let your car warm up in winter? It depends what you drive
Spoiler alert: You most likely don't have to let your car thaw.Politics - The Hill - 6 days ago -
Billions were bet on election odds using online markets
Election betting platforms brought in billions of dollars as users wagered on who would win Tuesday’s U.S. presidential election.Top stories - NBC News - November 9 -
Do You Use Online Betting Markets? Tell Us About It.
The New York Times is covering the rise of online betting markets. We want to hear about the experiences of people who use them, either for recreational purposes or as a source of income.Business - The New York Times - 4 days ago -
How the FedEx-UPS Price War Could Slash Year-End Costs for Small Businesses
Falling parcel volumes and fewer year-end shopping days, this year have led the two transporters to extend big price reductions to small business owners.Business - Inc. - November 8 -
England’s excess of errors are costing them dear – and South Africa are up next | Andy Bull
Steve Borthwick called this a ‘young, developing’ team before the defeat by Australia, but the truth is they are not. The English winter is closing in and at Twickenham the temperature is dropping ...World - The Guardian - November 10 -
Macy’s employee hid up to $154 million in delivery costs, and stock takes a dive
Macy’s identified a single employee who made “erroneous” accounting entries to hide up to $154 million in delivery expenses during a three-year period.Business - MarketWatch - 5 days ago
