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☆ CFOs Review Holiday Promotions as Consumer Spending Cools
▼ + stars: | 2023-11-19 | by ( Jennifer Williams-Alvarez | Kristin Broughton | ) www.wsj.com time to read: 1 min

New economic data last week showed the resilient U.S. consumer may finally be beginning to crack. Photo: Jeenah Moon/Bloomberg NewsCompanies are looking for new ways to entice holiday shoppers while consumers are spending less at stores and the economy is cooling. “It’s our Super Bowl,” said Tapestry finance chief Scott Roe , referring to the holiday season. This means the owner of Coach, Kate Spade and Stuart Weitzman is looking to attract shoppers, but Roe, who also serves as the company’s chief operating officer, said the company plans to be disciplined with any promotions.

Persons: ”, Scott Roe, Kate Spade, Stuart Weitzman, Roe Organizations: Bloomberg News Companies

☆ Several Las Vegas casinos reportedly targeted by con artists who impersonate executives
▼ + stars: | 2023-06-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSeveral Las Vegas casinos reportedly targeted by con artists who impersonate executivesScott Roeben, 'Vital Vegas' blog founder, joins 'Last Call' to discuss a recent scam that has reportedly caused employees at several Las Vegas casinos to accidentally hand over more than $1 million to con artists.

Persons: Scott Roeben

☆ Explainer: Everything to know about nuclear fuel uranium
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +3 min

Here is everything you need to know about uranium and its usage as a nuclear fuel. WHAT IS URANIUM USED FOR? The radioactive metal is the most widely used fuel for nuclear energy due to its abundance and the relative ease of splitting its atoms. It is also used in treating cancer, for naval propulsion, and in nuclear weapons. HOW MUCH URANIUM IS NEEDED FOR A NUCLEAR WEAPONThe amount of uranium that went missing contains enough of the U-235 isotope to build a first-generation nuclear bomb if enriched to over 90%, according to Dr. Edwin Lyman from the Union of Concerned Scientists.

[1/2] Customers shop at a mall ahead of the Chinese Lunar New Year, in Beijing, China January 15, 2023. REUTERS/Tingshu Wang/File PhotoLONDON/MILAN/FRANKFURT/NEW YORK, March 1 (Reuters) - The world's top consumer and luxury goods companies have seen sales of everything from cosmetics to condoms grow in China since Beijing ended strict COVID-19 curbs, another sign that the world's No. Tourism from China was helping sales in neighbouring Macau, Hong Kong, Taiwan and even Japan, he added. Reckitt Benckiser, which makes Nurofen tablets, cold remedy Lemsip and Durex, saw a pick-up in China after a decline in volumes because of lockdowns. U.S. retailer Walmart Inc (WMT.N), which operates nearly 400 retail and wholesale stores in China, reported strong traffic in its stores since reopening.

☆ Popular Tool to Cut Debt Costs Loses Luster as Global Central Banks Hike Rates
▼ + stars: | 2023-02-01 | by ( Kristin Broughton | ) www.wsj.com time to read: +7 min

Corporate finance executives looking to cut their debt costs this year are likely to find one popular tool isn’t as attractive as it was when the Federal Reserve was aggressively raising interest rates in 2022. Under a cross-currency swap, a company exchanges principal and interest payments on its debt into another currency. Swaps can lose their appeal to companies when the gap between interest rates in two countries, or central banks, narrows. Corporate advisers said they expect cross-currency swap volumes to decline in the months ahead, assuming market expectations for future rate increases hold steady. That rule made it easier for companies to use cross-currency swaps and recognize the interest savings on their financial statements.

☆ Russia's baseless 'dirty bomb' claim is another ploy to spread fear and scare away Western support for Ukraine, Russia experts warn
▼ + stars: | 2022-10-24 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +5 min

Russia baselessly claimed Ukraine is preparing to detonate a "dirty bomb" in its own territory. Ukraine also asked the UN's nuclear agency to send experts to inspect its nuclear facilities to prove Russia's "dirty bomb" accusations are false. A so-called dirty bomb, which is a type of radiological dispersal device, is a weapon that uses conventional explosives to spread radioactive material. Such weapons are nowhere near as dangerous as a nuclear bomb and are unlikely to cause mass casualties. There are also no documented cases of a dirty bomb attack.

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