Tag: Top

  • Old Navy’s response to slumping sales: More pockets

    Old Navy’s response to slumping sales: More pockets

     

    Old Navy, known for its low-priced basic and trendy seasonal clothing, has adopted an interesting sartorial tactic amid sinking sales. In order to get customers excited to shop again at its stores, it is adding pockets to more dresses.

    ​Old Navy, known for its low-priced basic and trendy seasonal clothing, has adopted an interesting sartorial tactic amid sinking sales. In order to get customers excited to shop again at its stores, it is adding pockets to more dresses. 

  • Johnson & Johnson is again trying to use bankruptcy to settle talc cases for $8.9 billion

    Johnson & Johnson is again trying to use bankruptcy to settle talc cases for $8.9 billion

     

    Johnson & Johnson is trying once again to use the bankruptcy courts to settle tens of thousands of cases that claim its talc products cause cancer. The pharmaceutical company is now willing to pay $8.9 billion to plaintiffs over 25 years.

    ​Johnson & Johnson is trying once again to use the bankruptcy courts to settle tens of thousands of cases that claim its talc products cause cancer. The pharmaceutical company is now willing to pay $8.9 billion to plaintiffs over 25 years. 

  • These are the only stocks that matter right now

    These are the only stocks that matter right now

     

    US stocks have been incredibly resilient this year. In the midst of a banking crisis, historically high interest rates, geopolitical turmoil and heightened recession forecasts, the S&P 500 is up nearly 7% year-to-date. But investors should be wary, warn analysts, because the churn under the surface shows noticeable weakness.

    ​US stocks have been incredibly resilient this year. In the midst of a banking crisis, historically high interest rates, geopolitical turmoil and heightened recession forecasts, the S&P 500 is up nearly 7% year-to-date. But investors should be wary, warn analysts, because the churn under the surface shows noticeable weakness. 

  • Amazon axes bookseller Book Depository as it cuts costs

    Amazon axes bookseller Book Depository as it cuts costs

     

    Amazon plans to shut down global online book store Book Depository after almost two decades.

    ​Amazon plans to shut down global online book store Book Depository after almost two decades. 

  • Amazon, Microsoft could face UK antitrust probe over cloud services

    Amazon, Microsoft could face UK antitrust probe over cloud services

     

    Britain’s media and communications regulator Ofcom says it has “significant concerns” that Amazon and Microsoft could be harming competition in the market for cloud services.

    ​Britain’s media and communications regulator Ofcom says it has “significant concerns” that Amazon and Microsoft could be harming competition in the market for cloud services. 

  • Police are investigating shooting deaths of 3 central Florida teens who were found in separate locations

    Police are investigating shooting deaths of 3 central Florida teens who were found in separate locations

     

    Investigators in central Florida are asking the public for any information related to the deaths of three teens who were discovered with gunshot wounds in separate locations over the weekend.

    ​Investigators in central Florida are asking the public for any information related to the deaths of three teens who were discovered with gunshot wounds in separate locations over the weekend. 

  • Millennial app founder arrested, charged with defrauding JPMorgan Chase

    Millennial app founder arrested, charged with defrauding JPMorgan Chase

     

    Charlie Javice, founder of the buzzy student financial assistance startup Frank, was arrested Monday night and charged by the US Securities and Exchange Commission for allegedly defrauding JPMorgan Chase in the $175 million acquisition of her company.

    ​Charlie Javice, founder of the buzzy student financial assistance startup Frank, was arrested Monday night and charged by the US Securities and Exchange Commission for allegedly defrauding JPMorgan Chase in the $175 million acquisition of her company. 

  • Family of 18-year-old woman fatally shot by a school safety officer announces $13 million settlement reached with school district

    Family of 18-year-old woman fatally shot by a school safety officer announces $13 million settlement reached with school district

     

    The family of an 18-year-old woman who was fatally shot by a California school safety officer in 2021 reached a $13 million settlement agreement with the Long Beach Unified School District in their civil case, family attorneys said in a news conference Tuesday.

    ​The family of an 18-year-old woman who was fatally shot by a California school safety officer in 2021 reached a $13 million settlement agreement with the Long Beach Unified School District in their civil case, family attorneys said in a news conference Tuesday. 

  • First lady Jill Biden will attend the coronation of King Charles III, White House announces

    First lady Jill Biden will attend the coronation of King Charles III, White House announces

     

    First lady Dr. Jill Biden is set to travel to London next month for the coronation of King Charles III of the United Kingdom, leading the US delegation to the highly anticipated event.

    ​First lady Dr. Jill Biden is set to travel to London next month for the coronation of King Charles III of the United Kingdom, leading the US delegation to the highly anticipated event. 

  • Biden press secretary clarifies White House invitation is just for LSU after player calls it ‘A JOKE’

     

    LSU star Angel Reese called a suggestion from first lady Jill Biden that they might invite both LSU and Iowa’s women’s basketball teams to the White House “a joke” on Monday.

    ​LSU star Angel Reese called a suggestion from first lady Jill Biden that they might invite both LSU and Iowa’s women’s basketball teams to the White House “a joke” on Monday.