Online Retailer Temu

Chinese online retailer Temu faces European Union investigation into rogue traders and illegal goods

Chinese online retailer Temu is facing a European Union investigation over suspicions it’s failing to prevent the sale of illegal products

Tech - ABC News - 6 hours ago

EU to pursue Temu for alleged sale of illegal products

Consumer groups have raised concerns about toxic goods sold on platform

World - Financial Times - Yesterday

The EU Is Investigating Temu for Illegal Products and Addictive Design

Toys, pharmaceuticals, and cosmetics are suspected to be among the noncompliant products available to the Chinese shopping platform’s 90 million European users.

Tech - Wired - 7 hours ago

The Temu pig T-shirt: the truth behind a tremendously disturbing top

It is nightmarish, haunted and cursed – but makes perfect sense when you consider its retailer’s business model. After all, no one can argue it isn’t eye-catching .... Name: Temu’s “Stylish Pig ...

World - The Guardian - October 15

EU launches action against shopping website Temu over illegal products

Formal investigation opens amid concerns Chinese shopping website is breaching Digital Services Act. Business live – latest updates The EU has launched formal proceedings against the Chinese ...

World - The Guardian - 7 hours ago

Temu Faces EU Probe Over Failure to Stop Illegal Sales

The European Commission, the EU’s executive arm, said it had opened formal proceedings against the Chinese e-commerce platform to assess whether it may have breached Europe’s digital services ...

Business - The Wall Street Journal - 8 hours ago

Why major retailers are closing stores

Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...

Battery-operated items from Temu tested by Choice fail Australian safety standards

Consumer advocate says results are a ‘worrying reminder’ children are at risk from insecure battery components on most items. Follow our Australia news live blog for latest updates Get our ...

World - The Guardian - October 14

Retail sales post solid gain in September, showing a continued strong economy

Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.

Business - MarketWatch - October 17

Halloween’s Mutation: From Humble Holiday to Retail Monstrosity

Americans once made their own costumes and candy. Now, the holiday has rapidly commercialized, transforming into an economic juggernaut.

Business - The New York Times - October 19

How to detect online image manipulation

With so many online images looking authentic, it can be hard to tell what's real. The CBS News Confirmed team, led by Executive Producer Melissa Mahtani and Producer Alex Clark, shares tips on how ...

OpenAI brings online search to ChatGPT

Move takes aim at rivals including Google and Perplexity

Business - Financial Times - 2 hours ago

Retailers Are Tossing Out Traditional Holiday Calendars. Here’s Why

Holiday shoppers have driven retailers to change their seasonal strategies.

Business - Inc. - October 13

National Retail Federation predicts record 2024 holiday sales

Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail ...

Politics - The Hill - October 15

Retailers Can Expect Another Record-Breaking Holiday Season

The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.

Business - Inc. - October 15

Beyond to Make Physical Retail Comeback With Investment in The Container Store

Beyond is investing $40 million in The Container Store, providing the struggling retail chain a financial lifeline while returning some Bed Bath & Beyond products back to physical retail locations.

Business - The Wall Street Journal - October 15

Amazon announces first Kindle ever with color screen, retailing for $279

The company is refreshing its entire e-reader lineup, launching four new Kindle devices.

Business - CNBC - October 16

Amazon announces first Kindle ever with color screen, retailing for $279

Amazon on Wednesday announced a new Kindle e-reader, and for the first time ever it has a color display.

30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy

U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...

Business - MarketWatch - October 17

IMF chief warns of ‘unforgiving’ debt backdrop and low growth

Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge

Business - Financial Times - October 17

Iran foreign minister visits Egypt as leaders try to contain regional war

Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on Gaza

Business - Financial Times - October 17

Retail Sales Surpass Expectations, Sign of Solid US Economy

A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.

Business - The New York Times - October 17

China reports better-than-expected retail sales and industrial production data

The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.

Business - CNBC - October 18

Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing

Threat from Lebanese militant group follows death of Hamas leader in firefight in Gaza

Business - Financial Times - October 18

British retail sales beat forecasts to rise for third straight month

Tech purchases fuel unexpected growth of 0.3%

Business - Financial Times - October 18

How small Canadian retailers are thriving on multiple sales channels

World - Yahoo News - October 22

Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand

Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.

Business - MarketWatch - October 23

Target, Walmart and other retailers announce price cuts ahead of holidays

Target says more than 2,000 items are having their prices marked down ahead of holiday season, joining other retailers like Walmart and Aldi who have also announced plans for cheaper costs before ...

Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels

Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.

Business - Inc. - October 23

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.

Business - CNBC - October 24

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.

Prop 36 supporters say it will combat California's retail theft. Here's what to know.

CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.

BNP Paribas Investment Bank Growth Offsets Retail Weakness

BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.

Business - The Wall Street Journal - 13 hours ago

‘DJT’ stock has seen ‘aggressive’ selling by retail investors leading into election

During Donald Trump’s 2024 campaign for president, investors have used shares of Trump Media & Technology Group Corp. as a way to bet on the outcome of the election. But with just a few days to go ...

Business - MarketWatch - 4 hours ago

How to spot fake hurricane images online

A wave of images generated by artificial intelligence confused and misled many social media users after real hurricanes Helene and Milton hit the southern U.S. CBS News Confirmed producer Alex ...

Online killer McCartney 'robbed us of granddaughter'

BBC News NI looks at the some of the victims behind the man dubbed the UK's most prolific catfisher.

Election Fraud Conspiracy Theories Are Already Thriving Online

Pro-Trump groups have spent years building election denial networks that, combined with Big Tech’s hands-off approach and continued foreign interference, have created a toxic information ecosystem.

Tech - Wired - 2 days ago

Steve Bannon Is Out of Prison and Spreading Lies Online

Within hours of being freed from a low-security prison where he’d been serving time on contempt charges, the MAGA architect was rallying his troops on a Rumble stream.

Tech - Wired - Yesterday

Grave cleaning videos spark fascination and outrage online

On social media platforms, users have created online communities around the practice of cleaning gravesites. Audiences have become fascinated by the trend.

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