Retail crime 'queenpin' to pay millions in restitution to retailers for theft ring

• Retail crime 'queenpin' to pay millions in restitution to Ulta, other retailers for theft ring

  Michelle Mack was accused of running a sprawling retail crime ring that targeted Ulta and Sephora stores across the country and will spend five years in prison.
  
  CNBC - 7h
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  Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors

  An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.
  
  The New York Times - 4d
• 

  British retail sales unexpectedly drop in December

  Pound falls and gilts rally as investors bet on more interest rate cuts
  
  Financial Times - 5d

• Trading platform Dub will pay some retail investors to share portfolios through TikTok-like 'creator program'

  Accepted retail investors will earn royalties and can have other users copy their model portfolio.
  
  CNBC - 6d

• Britain’s retail ‘boomer’ chains are making a comeback

  Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costs
  
  Financial Times - Jan. 8
• 

  December sales provide little cheer for retailers

  Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.
  
  BBC News - Jan. 7
• 

  5,471-Piece Lord Of The Rings Barad-dur Lego Set Releases At Major Retailers

  The Lord of the Rings: Barad-dur Lego Set (5,471 Pieces) $460 | Save $46 with My Best Buy ...
  
  GameSpot - Jan. 6
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  The Biggest U.S. Retailers Increased Their Dominance in 2024

  Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.
  
  Inc. - Jan. 3

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  What Trump's new immigration policies could mean for migrants

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  NBC News - 19h
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  Elon Musk undercuts Trump's Stargate AI investment announcement

  Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. artificial intelligence ...
  
  NBC News - 4h
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  HHS official halts CDC reports and health communications for Trump team review

  Federal health officials have been instructed to temporarily stop any “external communications” to the public, according to two officials with knowledge of the situation.
  
  NBC News - 2h
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  Federal regulations paused, halting FDA's proposed ban on formaldehyde in hair products

  A proposal to ban formaldehyde in hair straightening products is now in limbo after President Donald Trump signed an executive order pausing all federal regulations.
  
  NBC News - 2h
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  Windy conditions spark new brush fires in Southern California

  NBC News' Dana Griffin reports on the Hughes Fire and the red flag warnings that have been extended in Southern California.
  
  NBC News - 1h

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  CBS News - 12m
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  Firms in Trump's Stargate venture have touted DEI programs, clashing with new order

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• Jennifer Lopez, Lily Gladstone among stars of Sundance 2025

  The 41st edition of the Sundance Film Festival returns to Park City and Salt Lake City in Utah, with world premiere documentaries and narrative films, presented in-person and streaming online.
  
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• Hughes Fire in LA County quickly explodes to 5,000 acres — 19,000 evacuated

  A fast-moving wildfire exploded to more than 5,000 acres near the Los Angeles County community of Castaic Wednesday morning, prompting mandatory evacuation orders and road closures, authorities said.
  
  CBS News - 17m
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  Sen. John Fetterman on flurry of Trump executive actions

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