Sandy Liang and Danny Bowien Celebrate Lunar New Year
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A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
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Graydon Carter Opens Air Mail Newsstand in New York’s West Village
Shoe horns, lampshades and CBD-infused elixirs are among the goods Graydon Carter is selling at a new newsstand-style shop in New York.The New York Times - Lifestyle - New York -
The independent publisher making a business of celebrity book imprints
Independent publisher Zando's highest-visibility imprints are its collabs with celebrities, which are part of its mission to change the institutional racism that has plagued American publishing from its start.Los Angeles Times - Entertainment -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
Unilever Backs Guidance as Sales Beat Forecasts
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
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 -
Copper Still Isn't a One-Way Bet
The price of the metal has surged and BHP has bid for miner Anglo American, but the bull case for the metal is a bit more complicated than it seems.The Wall Street Journal - World -
Why Is This Seder Unlike All Other Seders?
The dinner parties held by Shtick, a pop-up series celebrating Jewish culture, draw out New York’s influencers, artists, designers and celebrities.The New York Times - Lifestyle -
Handbag Designer Nancy Gonzalez Sentenced to 18 Months for Smuggling Exotic Skins
Nancy Gonzalez, whose clients included Britney Spears and Sofia Vergara, smuggled purses from her native Colombia to the United States using couriers. She will serve 18 months.The New York Times - Lifestyle -
Schtick’s Pop-Up Event Series for Seder Celebrates Jewish Culture
The dinner parties held by Shtick, a pop-up series celebrating Jewish culture, draw out New York’s influencers, artists, designers and celebrities.The New York Times - Top stories -
As Biden celebrates computer chip factories, voters wait for the promised production to start
President Joe Biden has a great economic story to tell voters a decade from now — less so in 2024ABC News - Tech - Joe Biden -
A High School Reunion Reignites a 50-Year Crush
Elaine Hall and Roland Passaro, both 88, met in junior high school in 1950 but lost touch before acting on their connection. They finally did, five decades later.The New York Times - Lifestyle -
Reid edges Monk in closest-ever NBA 6th Man vote
Timberwolves forward Naz Reid was named the 2023-24 NBA Sixth Man of the Year on Wednesday night.ESPN - Sports - NBA -
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 -
Aid into Gaza increased after Israel killed 7 workers, but groups say they're not celebrating
After Israeli strikes killed seven World Central Kitchen workers, aid convoys have entered northern Gaza for the first time since the start of the war.NBC News - Top stories - Israel -
Bengals pick up 5th-year option on WR Ja'Marr Chase
Chase caught a career-high 100 balls in 2023 for 1,216 yards and seven touchdowns.Yahoo Sports - Sports - NFL -
Florida man gets 4 years in prison for laundering romance scam proceeds
Niselio Barros Garcia Jr., 50, scammed victims out of $2.3 million in funds, according to authorities.CBS News - Top stories - Florida -
Binance Founder Should Get Three Years in Prison, Prosecutors Say
Defense lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time.The New York Times - Tech -
Binance Founder Should Get 3 Years in Prison, Prosecutors Say
Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time.The New York Times - Business -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - World -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - Top stories -
Biden meets with 4-year-old American who was held hostage by Hamas
President Biden met at the White House Wednesday with Abigail Edan, a 4-year-old who was held by Hamas in Gaza and was released last November as part of a hostage deal. White House national security adviser Jake Sullivan told reporters the meeting ...The Hill - Politics - Joe Biden -
Biden meets 4-year-old who was held hostage by Hamas
Four-year-old Abigail Mor Edan was held by Hamas for 50 days and was the youngest American hostage released by Hamas.CBS News - Politics - Joe Biden -
SpaceX Worker Injury Rates Are Alarmingly High for Second Year in a Row
Injury rates among SpaceX employees are as much as nine times higher than the industry average in some facilities.Inc. - Business -
Biden meets 4-year-old who was held hostage by Hamas
Four-year-old Abigail Mor Edan was held by Hamas for 50 days and was the youngest American hostage released by Hamas.CBS News - Top stories - Joe Biden -
Enduring Mayhem: Images From Year 3 of the War in Ukraine
A photographic chronicle of the third year of Russia’s invasion of Ukraine.The New York Times - World - Ukraine -
German retirees will get an inflation-busting pension increase this year
Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rateABC News - World - Germany -
Florida man charged with murdering girlfriend's 13-year-old daughter
The longtime boyfriend of a central Florida mother whose teenage daughter was reported missing in February has been charged with the 13-year-old girl’s murderABC News - Top stories - Florida -
Deathbed confession leads to bodies of mother and daughter killed 24 years ago
A man on his deathbed confessed to killing a mother and daughter 24 years ago, leading to the recovery of their remains this week, officials announced Tuesday.NBC News - Top stories -
Labour promises rail nationalisation within five years of coming to power
Party pledges to bring all passenger rail – but not rolling stock – into public ownership as contracts with train operators expire. Labour will fully nationalise the train network within five years of coming to power, with a pledge to guarantee ...The Guardian - World -
Timberwolves C Naz Reid wins NBA Sixth Man of the Year
Naz Reid helped fuel the Timberwolves' rise from the bench this year.Yahoo Sports - Sports - NBA -
Labour pledges to renationalise most rail services within five years
Labour says its plan will improve services - but the Tories say it is "pointless" and "unfunded".BBC News - Top stories -
Dassault Systemes Full Year on Target After Profit Rise
Dassault Systemes confirmed its full-year financial forecasts after posting a 5% increase in operating profits for the first three months.The Wall Street Journal - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe