Canada Targets 12 Foreign Grocers to Lure to Food Retailing Market
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U.K. Inflation to Settle Below 2% Target
Inflation in the U.K. could soon be “too low,” beneath Bank of England forecasts that expect it to rebound after a fall in April, Capital Economics’ chief U.K. economist Paul Dales says.The Wall Street Journal - World - United Kingdom -
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Maui fires left victims food insecure and with health issues, survey finds
Hundreds of Maui residents say their health has declined since the deadly August wildfires, and researchers warn it "could deteriorate further" if access to care isn't improved soon.CBS News - Top stories -
Gaza humanitarian aid pier completed, Hezbollah targets base in Israeli territory
A floating pier for the delivery of desperately needed humanitarian aid has been completed off the shore of Gaza, the U.S. military says. CBS News national security contributor Sam Vinograd has more on that and the threats Israel has been facing ...CBS News - Top stories - Israel -
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House passes TICKET Act targeting concert 'hidden fees'
The House passed bipartisan legislation Wednesday that would require event ticket sellers to disclose the total cost of tickets upfront to consumers, including so-called hidden fees. The bill, dubbed the Transparency In Charges for Key Events ...The Hill - Politics -
Ubisoft meets FY24 sales targets but cancels The Division Heartland
Ubisoft’s latest financial report shows it’s on track to meet targets, but The Division Heartland has been cancelled to save on costs.VentureBeat - Tech -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Walmart says more diners are buying its groceries as fast food gets pricey
Customers across incomes are looking for cheaper meals, Walmart's chief financial officer said.CNBC - Business -
Walmart says more diners are buying its groceries as fast food gets pricey
Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation’s largest grocer sees a sales opportunity.NBC News - Top stories -
Walmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals
Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.Inc. - Business -
Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and more
These are some of the stocks posting the largest moves in premarket trading.CNBC - Business - Stock Market -
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Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation-weary consumers pull back on new clothes and shoes.CNBC - Business -
Drones smuggled drugs across Niagara River from Canada, 3 suspects caught in NY
Authorities say a smuggling operation used drones to fly drugs across the Niagara River from Canada into upstate New YorkABC News - Tech -
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Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Rain, cooler temperatures help prevent wildfire near Canada's oil sands from growing
A wildfire that has forced thousands of people out of their homes in Canada’s oil sands hub city of Fort McMurray, Alberta is being held in place as rain and cooler temperatures sweep through the areaABC News - World -
Basic Materials Roundup: Market Talk
Read about SPDR Gold shares, base metal prices, KGHM and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Financial Services Roundup: Market Talk
Read about Canada Mortgage and Housing Corp., Allianz, ABN Amro and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Why Georgia just branded me a ‘foreign agent’
If you want a glimpse of what might be in store for Ukraine if Putin prevails there, look at the protests and civil strife in Georgia.The Hill - Politics -
12:30 Report — Michael Cohen’s feisty testimony
{beacon} 12:30 REPORT Happy Thursday! Promise me one thing today — Keep reading for the adorable ESPN video of a little girl not knowing what to do with cotton candy. It is a confusing food. (I guess we can count that as a food?) Anyway, here’s ...The Hill - Politics