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CNN —Israel’s military said its troops made a series of “grave” mistakes and violated protocol in their strikes that killed seven aid workers in Gaza this week. The IDF is considering distributing thermal stickers for aid vehicles to prevent this happening again in the future, he added. After the first vehicle was struck, some of the surviving aid workers fled to the other vehicles in the convoy – which were also struck, the spokesperson said. People gather around one of the WCK vehicles struck by the IDF, April 2, 2024. The killing of the seven aid workers sparked condemnation from some of Israel’s most prominent supporters and may mark a turning point in how Israel perpetrates its war in Gaza.
Persons: CNN —, WCK, Israel’s, , Jose Andres, Daniel Hagari, ” Andres, Israel, , ” WCK, Israel perpetrates, Joe Biden, Benjamin Netanyahu, , Biden, Alicia Kearns, Kearns, Itamar Ben Gvir Organizations: CNN, Israel Defense Forces, IDF, Canadian, Staff, 162nd Division, Southern Command, Getty, West Bank, United Nations, Israeli, Conservative, BBC, National Locations: Gaza, Israel, Gazan, Deir, Palestinian, Australian, AFP,
CNN —The Israeli military has been using artificial intelligence to help identify bombing targets in Gaza, according to an investigation by +972 Magazine and Local Call, citing six Israeli intelligence officials involved in the alleged program – who also allege that human review of the suggested targets was cursory at best. When asked about +972 Magazine’s report, Israel Defence Forces (IDF) did not dispute the existence of the tool but denied AI was being used to identify suspected terrorists. Night attacksThe magazine also reported that the Israeli army “systematically attacked” targets in their homes, usually at night when entire families were present. The report, citing sources, said that when alleged junior militants were targeted, “the army preferred” to use so-called dumb bombs – unguided missiles which can cause large-scale damage. Palestinians inspect the damage to a residential building after an Israeli airstrike in the Maghazi refugee camp, central Gaza Strip, Friday, March 29, 2024.
Persons: , Israel, , Yuval Abraham, , Ismael Abu Dayyah Organizations: CNN, Israel Defence Forces, Gaza Ministry of Health, United, AP CNN Locations: Gaza, United Nations, Israel
The current Target Circle program has more than 100 million members. The relaunch comes as Target aims to copy the success of Amazon’s juggernaut Amazon Prime and follow Walmart’s membership program. As for its membership program, Target will continue offering its free-to-join membership with personalized deals, member-exclusive sales throughout the year and additional perks and saving. Target said that members of the free Target Circle membership program already shop five times more and spend five times more than non-members. Target Circle (formerly called Target RedCard) credit cardholders will be able to sign up for Target Circle 360 at $49 per year if they have their card saved to their Target profile, the company said.
Persons: , Brian Cornell, Kendra Scott, Cardholders, Target Organizations: Target, Revenue, Walmart, Target Circle, Amazon Locations: Minneapolis, Manhattan, FactSet
Hong Kong CNN —Hong Kong on Tuesday formally began the process of enacting a controversial homegrown national security law in a move that could have deep ramifications for the city’s status as a global financial hub. Beijing’s national security crackdown of recent years has transformed once-freewheeling Hong Kong, silencing almost all dissent and jailing dozens of political opponents. Under Hong Kong’s mini-constitution agreed by the two powers, the city is required to enact laws to prohibit acts that endanger national security. “Foreign agents and Hong Kong independence ideas are still lurking in Hong Kong society.”Hong Kong Chief Executive John Lee speaks during a press conference at government headquarters in Hong Kong on January 30, 2024. The new security law could bring further uncertainty for Hong Kong, which is striving to maintain its status as Asia’s premier financial hub following three years of strict Covid restrictions and Beijing’s national security crackdown.
Persons: Hong, it’s, John Lee, , It’s, we’ve, ” Lee, Lee, Peter Parks, Chris Tang, ” Tang, Tang Organizations: Hong Kong CNN, Tuesday, Hong, CIA, British, Getty Locations: Hong Kong, Beijing, China, AFP, Hong Kong’s, East, West
Toys, games and hobby gear are on track to be less expensive this holiday season for the first time since 2020, while sporting goods prices are down this holiday for the first time since 2018, data from the Bureau of Labor Statistics (BLS)showed. To be sure, prices overall are higher in 2023 despite slowed price growth, with October's consumer price index climbing to 3.2% year-over-year. The figure remained flat on a month-over-month basis, signaling some holiday item prices may be slow to come down. Despite a dip in sporting goods prices, they continue to pace above 2019 levels. Walmart WMT.N said prices of general merchandise - clothing, electronics, furniture - had declined by low to mid-single-digit percentages versus last year, enabling the retailer to cut prices this holiday season.
Persons: Theresa Forsberg, Jill Lizzo, Barbie, Walmart WMT.N, it's, , Christina Hennington, Vincent Alban, Jessica Ramirez, Jane Hali, Jeffrey Roach, Macy's, Kevin Simpson, Simpson, Siddharth Cavale, Amina Niasse, Jonathan Oatis Organizations: Bureau of Labor Statistics, Walmart, Reuters Graphics Reuters, REUTERS, Associates, LPL, Dick's Sporting, Reuters, Wealth, Target, Home Depot, Wayback Machine, Thomson Locations: New Milford , Connecticut, New York's Harlem, Chicago , Illinois, U.S, New York
A child looks at toys in a Target store ahead of the Thanksgiving holiday and traditional Black Friday sales in Chicago, Illinois, U.S. November 21, 2023. Toys, games and hobby gear are on track to be less expensive this holiday season for the first time since 2020, while sporting goods prices are down this holiday for the first time since 2018, data from the Bureau of Labor Statistics (BLS)showed. Walmart WMT.N said prices of general merchandise - clothing, electronics, furniture - had declined by low to mid-single-digit percentages versus last year, enabling the retailer to cut prices this holiday season. Black Friday discounts are 30% to 50% at major retailers and could go deeper later in the season. "You're going to see margin compression and potentially lower sales," said Simpson, whose firm holds shares in Walmart and Home Depot.
Persons: Vincent Alban, Barbie, Walmart WMT.N, it's, , Christina Hennington, Jessica Ramirez, Jane Hali, Jeffrey Roach, Kevin Simpson, Simpson, Siddharth Cavale, Amina Niasse, Jonathan Oatis Organizations: REUTERS, Bureau of Labor Statistics, Reuters Graphics Reuters, Walmart, Associates, LPL, Wayback Machine, Dick's Sporting, Reuters, Wealth, Target, Home Depot, Thomson Locations: Chicago , Illinois, U.S, Macy's, New York
NEW YORK (AP) — Stores stepped up discounts and other enticements on Black Friday to entice shoppers holding out for the best deals. Many retailers ordered fewer goods for this holiday season and pushed holiday sales earlier in October than last year to help shoppers spread out their spending. Political Cartoons View All 1265 ImagesBut this year, retailers said more shoppers are focusing on deals and waiting until the last minute. Salesforce said online sales rose 1% to about $7.5 billion year-over-year on Thanksgiving, as retailers offered better deals. The group has forecast that U.S. holiday sales will rise 3% to 4% for November through December, compared with a 5.4% growth of a year ago.
Persons: Yvonne Carey, Michael Kors, Cary, ” Carey, Jeff Gennette, Macy's, Gennette, Kohl’s, Brian Cornell, Salesforce, Sensormatic, Marshal Cohen, , ” Cohen, , Alexandra Olson, Anne Organizations: Herald, Macy’s Herald, Associated Press, Disney Princess, Target, New Jersey State Police Bomb Unit, Global, National Retail Federation, Adobe Analytics, Adobe, Solutions Locations: Manhattan, Macy’s, New Jersey, New York City, U.S, New York
NEW YORK (AP) — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. The group has forecast that U.S. holiday sales will rise 3% to 4% for November through December, compared with a 5.4% growth of a year ago. For the holiday 2021 season, sales for the two-month period surged 12.7%. Many retailers had already ordered fewer goods for this holiday season and have pushed holiday sales earlier in October than last year to help shoppers spread out their spending. But retailers said that many shoppers will be focusing more on deals and will likely wait until the last minute.
Persons: Brian Cornell, There’s, , Marc Metrick, Kohl's, Barbara Lindquist, That's, Lindquist, she’ll, , Sensormatic, Marshal Cohen, ” Cohen, , Anne Organizations: , Shoppers, Walmart, Saks Fifth, Saks, National Retail Federation, Adobe Analytics, Adobe, Solutions Locations: Hawthorne Woods , Illinois, Panama, U.S
Target is testing a new self-checkout policy
  + stars: | 2023-11-18 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +2 min
New York CNN —Target is testing a new self-checkout policy as retailers are finding the cashier-less technology can put off customers. At a handful of stores, Target has restricted self-checkout to customers buying 10 items or fewer. Target and other retailers had expanded self-checkout machines in recent years. Self-checkout machines sometimes break. Target said that merchandise losses, known as shrink, were not a factor in testing new self-checkout policies.
Persons: John Mulligan, , we’ve, Michael Fiddelke Organizations: New, New York CNN, Target, BBC, Walmart, Costco, Locations: New York, United States, Britain
As a result, books like “Call Me Max” have been challenged or outright removed from schools and libraries in Florida, as well as other states — and though some believe book bans lead to more book sales, authors say the effect of those bans is devastating for their careers. These bans “overwhelmingly” target books about race and racism, as well as books with LGBTQ characters, PEN America said in its September study on school book bans. The MoveOn Banned Book Mobile stops for an event with local authors and teachers on October 1, 2023 in Decatur, Georgia. “(A book ban) would make news, and people would say, ‘I’ll buy this book just to show them,’” Lukoff said of the once-common result of book bans. Lukoff said his first high-profile bans occurred in early 2021, in Austin and Salt Lake City, when book bans first started to accelerate.
Persons: CNN —, Ron DeSantis, Max, , , ” DeSantis, Max ”, Kyle Lukoff, Newbery, “ I’ve, , ” Lukoff, , ” Kyle Lukoff's, Marvin Joseph, Phil Bildner, ” “, Bildner, PEN America, Tasslyn Magnusson, Read, Derek White, Magnusson, ” Laurie Halse Anderson’s, George M, Deborah Caldwell, Stone, Angie Thomas, “ Maus, “ Maus ”, ” Magnusson, Lukoff, BookScan, Juno, Mike Curato’s “, John Green’s “, Samira Ahmed, Laura Gluckman, Armando L, Sanchez, Maus, ’ ” Lukoff, … that’s, they’re, she’s, haven’t, “ It’s, isn’t, Ahmed, ” Bildner, Caldwell, J.K, Rowling, Harper Lee, Art Spiegelman, ‘ Maus, ’ ”, Torrey Maldonado, ” Maldonado, who’ve, Eileen T, ’ ” Magnusson, , ” Ahmed, it’s, “ I’m, I’m, Maldonado, They’re Organizations: CNN, Florida Gov, Washington Post, PEN America, Liberty, Utah Parents United, Mobile, American, Association’s, Intellectual, , Association of American Publishers, Women, Chicago Tribune, Getty, America Locations: Florida, bookshelves, Rye, PEN, Utah, Decatur , Georgia, Tennessee, Alaska, Chicago, Sandmeyer's, Austin, Salt Lake City
New York CNN —Target is closing nine stores across four states, claiming theft and organized retail crime are creating an unsustainable business environment. “We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance,” Target said in a release. The retailer said it had added more security and implemented other anti-theft tools before deciding to close the stores. Affected employees will be able to transfer to other Target locations. Battle against theftTarget’s announcement comes on the same day that the National Retail Federation released new figures on the state of retail theft.
Persons: ” Target Organizations: New, New York CNN, Oakland, National Retail Federation Locations: New York, Harlem, New York City, Seattle, Portland, San Francisco, East Harlem, Manhattan
London CNN —Aurubis, Europe’s largest copper producer, says it has been the target of a huge theft, with damages running into hundreds of millions of euros. “During a scheduled review of metal inventories, Aurubis has identified considerable discrepancies in target inventory,” the German company said Thursday in a statement. Aurubis produces about 1.1 million tonnes (1.2 million tons) of copper “cathodes,” or square sheets, per year at plants in Europe and the United States. The company accounts for around 30% of Europe’s production of such copper and 3% to 5% of global output, a spokesperson told CNN. The company has involved the State Office of Criminal Investigation in Hamburg, Germany, where Aurubis is based, the copper producer said.
Persons: London CNN —, Aurubis, , Nadine Schmidt Organizations: London CNN, CNN, Criminal Investigation Locations: Europe, United States, Hamburg, Germany
Soaring StanChart still has lots of work to do
  + stars: | 2023-07-28 | by ( ) www.reuters.com   time to read: +2 min
SINGAPORE, July 28 (Reuters Breakingviews) - Bill Winters’ bank is finally getting its act together – to an extent. London-listed Standard Chartered (STAN.L) on Friday reported its highest first-half revenue and earnings since Winters joined as CEO in 2015. The upgraded 12%-14% top-line growth for this year, from 10% previously, caught investors' eyes, as did a chunky $1 billion share buyback programme. Winters managed to get costs down to 61% of revenue in the first half, close to his 2024 target of around 60%. Even after Friday’s bump, StanChart trades at just two-thirds of 12-month forward tangible book value, using analyst estimates gathered by Refinitiv Datastream.
Persons: Bill Winters, Winters, It’s, Refinitiv Datastream, Liam Proud, Streisand Neto Organizations: Reuters, , HSBC, DBS, Twitter, Bank of Japan, Thomson Locations: SINGAPORE, London
Why Republican lawmakers are going after Target
  + stars: | 2023-07-13 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +7 min
In singling out Target, GOP lawmakers and right-wing social media personalities are sending a larger warning to corporate America to roll back recent diversity and inclusion policies, analysts say. Target first began its diversity initiatives 20 years ago and added new policies in 2020. Such efforts to curb gun violence have run into fierce pushback from Republican lawmakers who oppose both gun restrictions and corporations taking on social roles. Now, Republicans are stepping up their scrutiny on companies’ diversity efforts in the wake of the Supreme Court’s decision on affirmative action in college admissions. It is also likely to invite legal challenges to corporate DEI programs, as Cotton’s letter to Target foreshadows.
Persons: , Julian Zelizer, isn’t, ” Zelizer, Brandon Bell, Getty Images Arkansas Sen, Tom Cotton, Cotton, Andra Gillespie, , He’s, Sen, Matt Walsh, George Floyd, “ It’s, Brian Cornell, Bud, They’ve, Chick, Bud Light, Ron DeSantis Organizations: New, New York CNN, Target, Princeton University, CNN, GOP, Walmart, Democratic, Getty Images Arkansas, Republican, Equity, Emory University, Republicans, Twitter, America Corporate America, , Disney, Nike, Companies, Florida Gov, America, Facebook, Corporate America, Dick’s Sporting Goods, Citigroup, Black, Fortune Locations: New York, America, Black, Cotton’s, Arkansas, Minneapolis, Emplifi, Parkland , Florida, El Paso , Texas, Dayton , Ohio
CNN —Ma Khin Hla and her five siblings didn’t have time to run when a fighter jet buzzed over their village in Myanmar’s central Sagaing region. We didn’t get to run as it immediately dropped bombs.”When she opened her eyes after the strike on Tuesday, Ma Khin Hla said she saw her siblings’ bodies scattered around her. A monastery hit by the junta airstrike in Pale township, Sagaing region, Myanmar. CNN reached out to junta spokesperson Maj. Gen. Zaw Min Tun for comment on the airstrike but did not receive a response. Ma Khin Hla, whose five siblings were killed, said she has been forced to take shelter with relatives in another village.
Persons: Khin Hla, didn’t, , Ma Khin Hla, Zaw Htet, ” Zaw Htet, Min Aung Hlaing, , Zaw Min Tun, Ar Lu Organizations: CNN, Facebook, Administration, Peoples Defense Forces, National Unity Government, SAC, United Locations: Myanmar’s, Sagaing, Nyaung Kone, Pale, Myanmar, Zaw, , United Nations, Russia, China, Singapore
New York CNN —When a Target distributor reached out to Erik Carnell last year about possibly placing his brand, Abprallen, in Target stores, he was thrilled. In the following months, Carnell pitched Target and came up with designs that would be appropriate for the big box store, he said. Ultimately, Target started selling three Abprallen items for adults: A sweatshirt, a tote bag and a messenger bag, each emblazoned with a different phrase. By Wednesday, Target had pulled Abprallen items from its US stores and online market, Reuters reported. Pride month merchandise is displayed at the front of a Target store in Hackensack, N.J., Wednesday, May 24, 2023.
London CNN —The world’s biggest investor in the stock market wants ExxonMobil and Chevron to do more to tackle the climate crisis. Norway’s sovereign wealth fund, which holds $1.4 trillion in total assets, announced Friday that it would back calls for the US oil companies to set more aggressive emission reduction targets. It said it would support motions proposed by climate activist group Follow This at the companies’ annual shareholder meetings next Wednesday. ExxonMobil and Chevron (CVX) have urged shareholders to reject them. It holds a 0.86% stake in Chevron and a 1.13% stake in ExxonMobil, according to the latest fund data.
New York CNN —During every Pride Month in June for the past decade, Target has sold merchandise for LGBTQ customers, employees and allies. But this year, Target faced an anti-LGBTQ campaign that went viral on social media. Fueled by far-right personalities and on social media platforms, the anti-trans campaign spread misleading information about the company’s Pride Month products and its business practices. It won’t be worth whatever they think they’ll gain.”The campaign became hostile, with threats levied against Target employees and instances of damaged products and displays in stores. Meeting demandTarget became the focus of the anti-LGBTQ campaign’s ire for its Pride Month merchandise, but the campaign misrepresented Target’s ambitions.
Persons: , Matt Walsh, Kelley Robinson, Bud Light, Yoram, “ It’s, Brian Cornell, Fortune, Erik Carnell, ” Target, Gavin Newsom, Sarah Kate Ellis, Tim Calkins, Ron DeSantis, , Paul Argenti Organizations: New, New York CNN, Target, Twitter, Human Rights, Pride, University of Pennsylvania’s Wharton School, Gallup, , Wall Street Journal, GLAAD, Northwestern University’s Kellogg School of Management, Companies, Nike, Disney, Florida Gov, Los Angeles Dodgers, Dodger, Dartmouth University’s Tuck School of Business Locations: New York, California, statehouses
New York CNN —Target on Wednesday said it was removing some products that celebrate Pride Month after the company and its employes became the focus of a “volatile” anti-LGBTQ campaign. Target said it removed from shelves “items that have been at the center of the most significant confrontational behavior.”For a decade, Target has celebrated Pride Month in and around June. “Pride Month at Target is a time of affirmation and solidarity with the LGBTQIA+ community,” the company says on its website. Some people have thrown Pride items on the floor, Target spokesperson Kayla Castaneda told Reuters. The products Target is withdrawing are being removed from all its US stores and from its website, Castaneda told Reuters.
Persons: Target, ” Target, Kayla Castaneda, Castaneda, Erik Carnell, “ I’m, transphobia, Eric Carnell, Bud Light, influencer Dylan Mulvaney, Organizations: New, New York CNN, Target, Pride, Wall Street Journal, Reuters, Republican, ” Target, Anheuser, Busch, – Reuters Locations: New York
New York CNN —Big retailers say consumer demand is starting to buckle from the strain of inflation and customers are making changes in how they shop. Target (TGT), Best Buy (BBY), Macy’s (M) and other chains say shoppers have pulled back on discretionary goods like clothing, electronics and home improvement. The slowdown could mean consumers will see more discounts on shelves as stores look for ways to entice shoppers and work down their inventory. “The consumer electronics industry continues to feel the effects of the broader macro environment and its impact on consumers,” Best Buy finance chief Matt Bilunas said. Best Buy predicts its comparable sales will decline 3% to 6% this year.
“Maybe we cried too much last year” about merchandise losses, Walgreens finance chief James Kehoe acknowledged Thursday on an earnings call. Kehoe’s message is a notable shift from comments about theft from Walgreens and other retailers like Walmart and Target over the last nearly three years. Companies and retail industry groups have tried to draw attention to shoplifting and “organized retail crime” rings smashing windows and grabbing aisles full of merchandise off shelves, urging lawmakers to crack down. One of the shuttered stores that closed had only seven reported shoplifting incidents in 2021 and a total of 23 since 2018, according to the newspaper. Overall, the five stores that closed had fewer than two recorded shoplifting incidents a month on average since 2018.
New York CNN —Senator Elizabeth Warren is raising concerns about conflicts of interest and potential legal violations for Tesla following Elon Musk’s takeover of Twitter. In a (TSLA)%20Board%20on%20Musk%20Concerns.pdf” target=”_blank”>letter to Tesla (TSLA) Chair Robyn Denholm, the Massachusetts Democrat argued Tesla (TSLA) shareholders may be hurt by its CEO’s ownership of Tesla (TSLA) and questioned whether the electric car maker’s board is doing enough to address the issues it poses. Musk’s acquisition created unavoidable conflicts of interest,” Warren wrote in the letter dated Sunday. “As the owner of Twitter, Mr. Musk may decide to run the company to maximize badly-needed revenue, even if that includes great deals for Tesla’s competitors and potential injury to Tesla,” Warren wrote. Noting Tesla’s board has legal obligations it must fulfill, Warren asked the board to respond to a series of questions about its handling of the situation by January 3.
What's open and closed on Thanksgiving
  + stars: | 2022-11-24 | by ( Jennifer Korn | ) edition.cnn.com   time to read: +2 min
Many stores that were once open on Thanksgiving have changed policy since the pandemic, shuttering for the day before Black Friday sales. Here are the businesses and institutions that will be open and closed on Turkey Day. We’ll again be closed on Thanksgiving,” Walmart (WMT) US CEO John Furner said in an October interview on NBC. Costco (COST), Home Depot (HD), Nordstrom (JWN), Publix, Sam’s Club, Trader Joe’s and others have been closed on Thanksgiving for many years. As for retail pharmacies on Thanksgiving Day, CVS, Walgreens and Rite Aid will be open with varying hours.
CNN —Former US President Donald Trump’s Twitter account has been reinstated on the platform. The account, which Twitter banned following the January 6, 2021, attack on the Capitol, was restored after Twitter CEO and new owner Elon Musk posted a poll on Twitter on Friday night asking the platform’s users if Trump should be reinstated. Asked on Saturday what he thought of Musk purchasing Twitter and his own future on the platform, Trump praised Musk but questioned whether the site would survive its current crises. It may make it, it may not make it.”Still, Trump said he liked Musk and “liked that he bought (Twitter. Soon after Trump’s Twitter ban, he was also restricted from Meta’s Facebook and Instagram, which could also restore his accounts as soon as January 2023.
That’s squeezing Macy’s, Kohl’s, Target and other chains. Macy’s (M) sales dropped 3.1% last quarter from a year ago, while Kohl’s (KSS) tanked 6.9%. “Consumers are showing increasing signs of stress and pulling back from discretionary purchases,” Target CEO Brian Cornell said on an earnings call. Although Macy’s own store sales fell 4.4% last quarter, Bloomingdale’s sales grew 5.3% and Bluemercury’s increased 14%. Macy’s stock gained 12% Thursday as the results exceeded analysts’ forecasts.
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