Latest in Retailers Brace for Impact of Longshoremen’s Strike
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Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
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Musiala's brace helps Bayern beat Heidenheim
Two second-half goals from substitute Jamal Musiala gave Bundesliga leaders Bayern Munich a nervous 4-2 victory over visitors Heidenheim on Saturday.ESPN - Dec. 8 -
Juarno Augustus powers Northampton to win over Castres with brace of tries
Northampton 38-8 Castres Alex Mitchell makes first start after injury in pre-season There was never much doubt over the outcome, whatever the chaos in the air, whatever the vagaries of the home ...The Guardian - Dec. 7 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
Christmas events cancelled as NI braced for Storm Darragh
Belfast Christmas Market is among festive events being affected by incoming Storm Darragh.BBC News - Dec. 6 -
The stock market’s ‘fear gauge’ is trading at lows. Why retail investors should take note.
The Cboe Volatility Index hasn’t been this low in months.MarketWatch - Dec. 6 -
EU strikes blockbuster trade deal with Mercosur
Accord would create market of 700mn by dropping tariffs on more than 90% of goodsFinancial Times - Dec. 6 -
GameStop Jumps After Cryptic Post From ‘Roaring Kitty’ Boosts Retail Hype
GameStop’s stock is up around 76 percent so far this year.Inc. - Dec. 5 -
Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears
The retailer hiked its full-year outlook slightly to reflect the better-than-expected results.CNBC - Dec. 6 -
How the slim House GOP majority could impact Trump's agenda
Republicans have insisted that November's election gave President-elect Donald Trump a mandate, but could their small House majority hamper that agenda? Andrew Desiderio, senior congressional ...CBS News - Dec. 5 -
Newcastle peg back Liverpool after Salah brace
Premier League leaders Liverpool had their advantage cut to seven points as Fabian Schar's late equaliser earned Newcastle United a thrilling 3-3 draw at St James' Park on Wednesday.ESPN - Dec. 5 -
Volkswagen Faces More Warning Strikes Monday
The latest announcement from the IG Metall union comes days after tens of thousands of workers at Volkswagen sites across Germany participated in walkouts.The Wall Street Journal - Dec. 5 -
Maximize the impact of your donations
Jill Schlesinger shares tips on how to give back during the season of giving while ensuring your donations have the biggest impact.CBS News - Dec. 5 -
Deadly Israeli Strike Hits Gaza Humanitarian Zone
The Israeli military said it was targeting senior Hamas militants in the area. Video from the scene showed the charred remains of tents.The New York Times - Dec. 5 -
Morning Report — Congress braces for first 100 days
In today’s issue: As Republican lawmakers gear up for the 119th Congress, the House and Senate are bracing for differing challenges in the first 100 days of President-elect Trump’s administration. ...The Hill - Dec. 5 -
House GOP braces for tiniest vote margin possible: 'We have nothing to spare'
House Republicans will have zero room for error in the 119th Congress — literally. Rep. John Duarte (R) conceded to Democrat Adam Gray in California’s 13th Congressional District Tuesday night — ...The Hill - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
While institutions own 33% of Playtech plc (LON:PTEC), retail investors are its largest shareholders with 48% ownership
Key Insights Playtech's significant retail investors ownership suggests that the key decisions are influenced by...Yahoo Sports - Dec. 5 -
Guardian Journalists Strike Over Planned Sale of The Observer
Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a digital media start-up.The New York Times - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Small Business Owners Brace for Trump’s Proposed Tariffs
While the impact of the proposed import duties will hit small businesses hard, many are awaiting their final form before calculating their own costs.Inc. - Dec. 4 -
Frigid temperatures in Southeast U.S. impact recovery for Helene survivors
A cold snap is hitting the Southeast U.S., including western North Carolina, which is still recovering from the widespread damage caused by Hurricane Helene.CBS News - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.
The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...MarketWatch - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
Analysis: Israeli and Hezbollah strikes test limits of ceasefire
Strikes and counter-strikes put the ceasefire at risk, just days after it was reached.BBC News - Dec. 3 -
Israel, Hezbollah exchanging strikes despite ceasefire
Last week's ceasefire between Israel and Hezbollah is in a fragile spot with Israel on Monday launching its largest wave of airstrikes across Lebanon since agreeing to the deal. Israel's military ...CBS News - Dec. 3 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
How Trump's proposed tariffs could impact your wallet
Proposed tariffs on imported goods could raise prices on items like clothing, toys and household appliances. CBS News MoneyWatch correspondent Kelly O'Grady explains the potential impact on ...CBS News - Dec. 3 -
How holiday drinking habits could impact your health
From eggnog to champagne, Americans consume twice as much alcohol during the holidays. Dr. Jon LaPook breaks down the potential health effects and ways to stay mindful.CBS News - Dec. 3 -
Eye Opener: Millions of Americans impacted by massive winter storm
Winter storm blankets eastern North America in heavy snow, with more to come. Also, President Biden is criticized by both parties for pardoning his son Hunter Biden. All that and all that matters ...CBS News - Dec. 3 -
Striking Volkswagen Workers Numbered 'Nearly 100,000' on Monday
Employees staged warning strikes in protest against the German carmaker’s plans for potential factory closures and sweeping cuts to jobs and pay.The Wall Street Journal - Dec. 3 -
Men: How did Feast Week impact the top five?
The latest AP Top 25 poll is out for the 2024-25 season. Here's what you need to know about all 25 teams.ESPN - Dec. 2 -
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Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2 -
New Yorkers braced for congestion charge
The city’s drivers are facing the spectre of paying to use the roads of lower ManhattanFinancial Times - Dec. 2