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Business News

Location American Business News for 27 February 2024

Here's the cast of 'Shōgun' and who they play

Business Insider - 27 Feb 2024 00:31
Here's the cast of 'Shōgun' and who they play FX's new drama "Shōgun," set in 1600s Japan, stars Hiroyuki Sanada, Cosmo Jarvis, Anna Sawai, and Fumi Nikaido. Here's the cast in real life.
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Levi's Wants You to Rethink Your Denim Shopping

The New York Times - 27 Feb 2024 17:05
Levi's Wants You to Rethink Your Denim Shopping Under a new chief executive, the brand known for jeans is aiming to be a full outfitter, working primarily through its own stores and e-commerce.
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OpenAI Seeks to Dismiss Parts of The New York Times's Lawsuit

The New York Times - 27 Feb 2024 19:11
OpenAI Seeks to Dismiss Parts of The New York Times's Lawsuit The artificial intelligence start-up argued that its online chatbot, ChatGPT, is not a substitute for a New York Times subscription.
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Elon Musk said he'd "make things good" with a Black-owned bakery that lost $2K after rushing to fulfill a huge Tesla pie order that then got canceled.
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Macy's to close around 150 locations over the next three years Macy's said Tuesday it plans to close roughly 150 underperforming locations through the end of 2026, starting with 50 this year.
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The DOJ said that Family Dollar's $41.7 million payment represents the US' largest-ever monetary criminal penalty in a food-safety case.
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Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform's hot wallets. According to online ...
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How much is that Frosty? Wendy's to trial Uber-like surge pricing Fast-food chain's CEO announced the plan - which will utilize 'AI-enabled menu changes' and suggestive selling - in an earnings call The price of a Dave's Double could, well, double depending on the time of day after Wen...
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Citi is betting big on high-profile executives to turn things around In today's big story, we're looking at the reshuffling of top executives at two of the biggest US banks.
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Digital Brands Group Gets Physical to Clear Excess Inventory

Retail Touch Points - 27 Feb 2024 17:22
Digital Brands Group Gets Physical to Clear Excess Inventory Digital Brands Group, Inc. (DBG), which has a portfolio of luxury lifestyle brands such as Bailey 44, DSTLD and Sundry, plans to open its first retail store in Dallas. Located at the Simon Premium Outlet Mall in the Dall...
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EBay's stock is on the upswing after strong results and guidance, dividend hike EBay Inc.'s stock was up 5.5% in extended trading Tuesday after the online marketplace delivered quarterly results that topped analysts' estimates and issued stout guidance, assuaging for now concerns over its short-term...
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Some shoppers are spending big money on 'craft ice' fridges and high-tech washing machines, Lowe's exec says Most US consumers are dialing back and bargain-hunting, but Lowe's execs say other shoppers are trading up to $2,500+ fridges and washing machines.
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Banks need to do more to manage hedge fund risks, Fed's Barr warns Federal Reserve Vice Chair for Supervision Michael Barr said in a speech Tuesday that banks might need to establish margin to counteract counterparty risks presented by private funds.
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Only about 1 in 20 young voters said Taylor Swift's endorsement might sway their 2024 vote: poll While Taylor Swift has yet to endorse a candidate in the 2024 election, that hasn't stopped people from sharing conspiracy theories about her.
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Aro's homes incorporate energy-efficient systems and appliances with sustainable materials.
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Binance Labs Backs Babylon, Pioneering Native Bitcoin Staking Protocol Binance Labs has demonstrated a significant vote of confidence in the future of Bitcoin by strategically investing in Babylon, a pioneering Bitcoin staking protocol. The post Binance Labs Backs Babylon, Pioneering Native...
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5 indicators showing the economy isn't as strong as people think, according to top economist Dave Rosenberg "Not everything is coming up smelling like roses, as the consensus narrative and Fed commentary would have you believe," Rosenberg said.
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Elvis and Priscilla Presley met when she was 14 and he was 24. Here's a complete timeline of their relationship. Elvis Presley met Priscilla in Germany in 1959. Their relationship is the focal point of the film "Priscilla," which is now streaming on Max.
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A Willy Wonka-style 'Chocolate Experience' advertised with AI images turned out to be an 'absolute shambles' "Willy's Chocolate Experience" turned out to be a whole lot less satisfying than people had hoped, and organizers said they were "truly sorry."
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How Boisson Benefits From -- and Fuels -- Non-Alcoholic Beverage Category Growth The non-alcoholic beverage (NA) market is projected to reach $176.7 billion in 2024. With a compound annual growth rate of about 25%, this category is poised to reach $426.2 billion in revenue by 2028. Big name alcoholic...
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Macy's to close 150 stores as part of plan to boost growth, revitalize brand Macy's will close stores as part of its new plan, and will "rationalize and monetize" its supply-chain assets.
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US Army generals say that artillery, drones, electronic warfare, and long-range strikes in Ukraine show what they've got to prepare for.
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