Retailers Are Shrinking Logistics Operations in A Changing Consumer Market
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Consumer Confidence Little Changed in March
Americans are feeling more upbeat about current business and labor market conditions, but are concerned about where the economy is headed.Inc. - Business -
Longtime ESPN anchor John Anderson says he's retiring from 'SportsCenter:' 'The operation has changed'
Anderson has been hosting "SportsCenter" since 1999.Yahoo Sports - Sports -
Alibaba abandoned plans to list its logistics arm, dealing a blow to Hong Kong's beleaguered IPO market.
Alibaba abandoned plans to list its logistics arm, dealing a blow to Hong Kong’s beleaguered IPO market.The Wall Street Journal - World -
This Black Founder Is Bringing Top VC Investors With Him as He Tackles the Broken Consumer Debt Market
Braving a difficult fundraising climate for Black founders, Clerkie CEO and co-founder Guy Assad is on a mission to democratize financial health.Inc. - Business -
Diners With Lower Incomes Shrink Their Fast Food Orders
McDonald's and Wendy's say they're seeing smaller orders and fewer visits from people earning less than $50,000 a year.Inc. - Business -
German Retail Sales Unexpectedly Slide
German retail sales fell 1.9% in February against forecasts for a modest rise, with the weakness symbolizing the woes in the sector as consumer confidence remains sluggish.The Wall Street Journal - World - Germany -
Baltimore bridge collapse salvage operations
Salvage operations are underway to clear debris in the Patapsco River as search efforts have been paused for four workers who remain unaccounted for after the Francis Scott Key Bridge collapse in Baltimore. CBS News' Nicole Sganga has the latest.CBS News - Top stories -
How Thames Water can avoid nationalisation
Without fresh equity the UK utility would have to slash costs and investment and focus squarely on cash preservationFinancial Times - Business -
'From the operating table to victory - a redemption story for Sainz'
To go from an operation to a grand prix victory in such a short time, as Carlos Sainz did in Australia, is both remarkable and entirely typical of what F1 drivers do.BBC News - Top stories -
How difficult is it to operate a massive container ship?
Massachusetts Maritime Academy has a simulator that helps prepare mariners for operating massive container ships.CBS News - Top stories -
U.S. Pushes to Shape Israel's Rafah Operation, Not Stop It
In two days of meetings between Israeli and U.S. officials, discussions on Israel’s planned military operation in southern Gaza focused not on how to stop it, but on how to protect civilians during its rollout.The Wall Street Journal - World - Israel -
Two bodies recovered from water under collapsed Baltimore bridge
The bodies of two people were recovered from a vehicle in the waters where the Baltimore bridge collapsed.BBC News - Top stories -
Video: Why Consumer Confidence Is Falling
The WSJ’s Dion Rabouin breaks down the latest conference board data and what consumers are saying about the economy.The Wall Street Journal - World -
Bridge Collapse Resets U.S. Supply Chains
The shutdown of a major trade corridor through Baltimore has ocean carriers and importers scrambling to contain the business fallout,The Wall Street Journal - World -
Why an early Easter could cost retailers $1.6 billion this year
Easter sales will total $22.4 billion in 2024, according to the National Retail Federation — a 7% decline from last year.MarketWatch - Business -
This retailer is set up for a comeback — we're getting in early by starting a position
Management has given five long-term reasons why we're near the bottom of the decline in tech demand.CNBC - Business -
Lands’ End’s stock rallies as retailer posts stronger-than-expected sales
Shares of Lands’ End surpassed the $10 mark for the first time since August 2023.MarketWatch - Business -
Australian Retailers Shake off Malaise With a Little Help From Taylor Swift
Australian retail sales rose, supported partly by sales associated with sold-out concerts by popstar Taylor Swift.The Wall Street Journal - World -
Walgreens to cut costs by $1 billion this year, with layoffs and store updates
Walgreens’ stock seesawed around the flatline Thursday, after the drugstore chain swung to a large quarterly net loss and trimmed its full-year outlook, but also reported the biggest beat for quarterly adjusted profit in at least five years.MarketWatch - Business -
GameStop makes layoffs as video game retailer looks for profitability boost
GameStop Corp. has been cutting jobs, the video game retailer and original meme stock said this week.MarketWatch - Business -
ESG Roundup: Market Talk
Gain insight on Repsol, Match Group, and more in the latest Market Talks covering ESG Impact Investing.The Wall Street Journal - World -
The world’s broken market for medicines
Record shortages of common drugs have countries scrambling for alternatives while patients skip treatmentsFinancial Times - Business -
Al-Shifa Hospital raid one of the 'single largest' operations in the war: Sources
The IDF launched an operation at Al-Shifa Hospital on Monday, claiming "senior Hamas terrorists" were using the hospital to "conduct and promote terrorist activity."ABC News - Top stories -
Tennessee Company Hired Children to Operate ‘Dangerous’ Machinery, Officials Say
Tuff Torq Corp. of Morristown, Tenn., must pay a fine of nearly $300,000 and set aside $1.5 million in profits to compensate 10 underage workers, the Labor Department said.The New York Times - Business -
German train drivers' union and railway operator reach a deal in their long dispute
Yahoo News - World - Germany -
Rescue operation underway after Baltimore's Key Bridge collapses
A cargo container ship crashed into Baltimore’s Francis Scott Key Bridge early Tuesday morning, sending the structure collapsing into the harbor. Cars and people plunged into the river, setting off a frantic rescue operation. NBC’s Tom Costello ...NBC News - Top stories -
GOP operative drops sexual assault suit against CPAC's Matt Schlapp
The GOP strategist who sued Conservative Political Action Conference Chair Matt Schlapp and his wife Mercedes Schlapp over allegations of sexual assault and defamation has dropped his lawsuits against the couple, attorneys for both sides confirmed ...The Hill - Politics -
Three dead after Israeli army operation and clashes in the West Bank
Yahoo News - World - Israel -
Call Of Duty's New BlackCell Operator Is One Of The Flashiest Yet
Each new Call of Duty season typically brings with it another BlackCell DLC bundle, and that trend continues with the upcoming debut of Season 3 on April 3. This newest BlackCell DLC bundle comes with a variety of cosmetic items that will make ...GameSpot - Tech -
Israel agrees to reschedule delegation to discuss Rafah operation: White House
Israeli Prime Minister Benjamin Netanyahu’s office has agreed to reschedule a high-level delegation meant to travel from Israel to Washington to discuss the ally’s plans for an operation in Rafah, the White House confirmed Wednesday. Days ...The Hill - Politics - Israel -
UK nuclear watchdog takes Sellafield operator to court over alleged IT breaches
Office for Nuclear Regulation says ‘no suggestion’ public safety has been compromisedFinancial Times - World - United Kingdom -
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.The Wall Street Journal - World -
German Consumer Mood Improves, Uncertainty Remains
German consumer confidence improved slightly, according to the latest GfK reading, but the overall mood remained sluggish, as doubts about the economy continue.The Wall Street Journal - World - Germany -
How Kate Middleton Conspiracy Theories Consumed the Internet
A combination of gamified social platforms, distrust in media and government, unprecedented conspiratorial thinking, and even a bot influence campaign led us to this point.Wired - Tech -
Sydney Sweeney Can Get By on Two Hours of Sleep
The actress and producer talks about watching nun videos on TikTok to prepare for “Immaculate,” the high-intensity workout she favors and her reading goals.The Wall Street Journal - World -
Trial for Fallen Crypto Tycoon Begins, but He's Not There
Do Kwon faces trial for allegedly defrauding people who bought the stablecoin TerraUSD that collapsed two years ago.The Wall Street Journal - World - Crypto -
Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes
The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.The Wall Street Journal - World -
Treasury Yields Up As U.S. Rate Cut Remains Iffy
Treasury yields rose ahead of U.S. new homes sales.The Wall Street Journal - World -
China Rolls Out Welcome Mat for U.S. CEOs as It Nods to Its Economic Problems
Premier Li Qiang acknowledged foreign executives’ concerns as Beijing staged its annual business forum attended by the top executives of Apple, Qualcomm and Micron.The Wall Street Journal - World - China -
Windowless Rooms and Town-Gown Battles: How Student Housing Got Expensive
Investors like student apartments because returns are steady and tenants can borrow to pay the rent.The Wall Street Journal - World