Target and Foot Locker may be using organized retail theft as a convenient excuse to cloak internal flaws, as others focus on internal theft and self checkout.
Truist downgrades Penn Entertainment, says uncertainty lingers over ESPN partnership
The firm downgraded the gaming stock to hold from buy on Wednesday with a $3O per share price target, down from $33.
At least 55 people died on Maui. Residents had little warning before wildfires overtook a town
Hawaii emergency management records show no indication that warning sirens were triggered before a devastating wildfire killed at least 55 people.
‘Our favorite name:’ Why analysts are still bullish on Disney after latest earnings report
Disney made enough forward progress on key initiatives in the third quarter to keep the company’s outlook positive, analysts say.
Interest rates should stay around 5% for longer — even as inflation falls, top economist Jim O’Neill says
Veteran economist Jim O’Neill says central banks will need to keep interest rates up around 5% across major economies for longer than the market expects, even as inflation subsides.
Ukraine announces temporary Black Sea corridor for civilian ships, warns of Russia threat
Russia downed two drones heading toward Moscow for a second consecutive night, Moscow Mayor Sergei Sobyanin said.
Wegovy-maker Novo Nordisk extends curb on supply of weight-loss drug, raises outlook
The Danish drugmaker confirmed that it will continue to restrict the lower-dose strengths of Wegovy as it strives to keep up with demand.
The average Manhattan rent just hit a new record of $5,588 a month
Rents in Manhattan hit a new high in July, as higher interest rates and low supply continued to drive up prices.
‘Blatant economic coercion’: China slams Biden’s order limiting U.S. overseas tech investment
“This seriously deviates from the market economy and fair competition principles that the U.S. has always advocated,” the Chinese Ministry of Commerce said.
Assassination of presidential candidate Fernando Villavicencio shocks Ecuador election
The assassination of Ecuadorean presidential candidate Villavicencio shocked the country, where rising drug-related violence is a major concern for voters.
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