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To be sure, late payments don't always signal financial troubles. Creditsafe spokesperson Ragini Bhalla said payment data is only one factor the firm considers when assessing a company's financial health. Though the data "doesn't represent a company's total trading behavior, analysis has proven that it is hugely predictive of a company's financial health and creditworthiness," Bhalla said. "When the number of late payments increases like this, it's often indicative of financial challenges and poor cash flow forecasting," Creditsafe said. While Saks often made late payments last year, its on-time payments have dropped significantly since October 2023, the firm said.
Persons: Saul Loeb, Perry Mandarino, Mandarino, Creditsafe, Ragini Bhalla, Bhalla, Barry McCarthy, Simeon Siegel, Siegel, he's, Peloton's DPO, Marc Metrick, Metrick, Mark Still, Stewart Glendinning, Tim Baxter Organizations: Saks, Washington , D.C, AFP, Getty, Bed, RadioShack, CNBC, Retailers, Body, Body Works, Riley Securities, BMO Capital Markets, Business of Fashion, HBC, Express, Street, Creditsafe, Economic Security, IRS, New York Stock Exchange, Bath Locations: Washington ,, Express, Creditsafe, U.S
CNN —The tiny, remote Italian island of Alicudi is home to only around 100 residents and, ideally, about 100 wild goats. According to the Sicilian regional government, the goats were introduced to the island around 20 years ago by a farmer who then set them free. For years, the animals—which are not owned by anyone—grazed autonomously on the sides of Alicudi’s cliffs and are featured in almost any postcard from the volcanic island. “We have heard from dozens of people since we first announced this,” Gullo said, including a farmer from the nearby island of Vulcano, who produces goat cheese. Once the goats have been apportioned, the goat-taker has 15 days to catch and remove them from the island.
Persons: Riccardo Gullo, Gullo, you’ve, they’re, , ” Gullo, Organizations: CNN Locations: Alicudi, Vulcano, Sicily, McKinney , Texas, Llandudno, Wales
Microsoft unbundles, againMicrosoft is separating Teams, its popular video and chat app, from its Office software suite in markets around the world, broadening a split that began in the European Union last fall. It appears to be the latest effort by the software giant to head off investigations by global antitrust enforcers as regulators examine the power of Big Tech. Microsoft first added the video and document collaboration program to its business software suite in 2017, and saw Teams’s popularity soar after the coronavirus pandemic unleashed a boom in hybrid and remote working. At the height of the lockdown in 2020, Slack filed a complaint with the European Commission accusing Microsoft of anticompetitive behavior by bundling Teams with Office. (Three months later, Slack agreed to sell itself to Salesforce for $27.7 billion.)
Persons: Microsoft unbundles, Slack, Eric Yuan Organizations: Microsoft, European Union, Big Tech, Rivals, Commission
The Caitlin Clark Show Rolls On
  + stars: | 2024-04-02 | by ( Billy Witz | ) www.nytimes.com   time to read: 1 min
One way to view the meteoric growth of women’s college basketball is through the career arc of its current protagonist: Caitlin Clark, the University of Iowa’s stone-cold mad bomber. Her first college game came in an eerily quiet setting: no fans, players spaced out on bleachers and some wearing masks to protect against the coronavirus. Eventually that season, the atmosphere livened up with cardboard cutouts in the seats. Her last game will come this weekend in an altogether different environment: a packed-to-the-rafters arena in Cleveland that will roar with her every touch, untold millions tuning in on television and Clark as a million-dollar pitch woman starring in national commercials.
Persons: Caitlin Clark, Clark Organizations: University of Locations: Cleveland
LOS ANGELES (AP) — The Godzilla-King Kong combo stomped on expectations as “ Godzilla x Kong: The New Empire ” roared to an $80 million opening on 3,861 North American screens, according to Sunday studio estimates. “ Dune: Part Two ” stayed strong in its fifth week, falling in the third spot with an $11.1 million take and a domestic total of 252.4 million. Photos You Should See View All 60 ImagesThe newer film had the second biggest opening of the studios' broader MonsterVerse franchise. “Godzilla x Kong: The New Empire,” 80 million. “Ghostbusters: Frozen Empire,” $15.7 million.
Persons: , Rebecca Hall, Brian Tyree Henry, HBO Max, Comscore, Kung, , “ Arthur the King Organizations: ANGELES, Warner Bros, Pictures, HBO, Locations: Kong
But a San Francisco lawmaker wants to help curb the constant ringing and pinging that his region helped create. Emails, texts and other work communication could also be put off until workers are back on the clock. Mr. Haney, a Democrat, got the idea from Australia’s new “right to disconnect” law, to be implemented later this year. It will allow workers to reject “unreasonable” professional communication outside of their regular workday. The idea originated in France and has spread in various forms to countries including Canada, Italy, Belgium and the Philippines.
Persons: Slack, Matt Haney, Haney Organizations: Democrat Locations: San Francisco, France, Canada, Italy, Belgium, Philippines, New York
Unlike Obama and Clinton before him, Biden is running against a candidate only a few years his junior. It was a twist on how Clinton answered a question about Dole's age during the second presidential debate in 1996. There is not much precedent for the event Biden's campaign is putting on Thursday. Obama, Biden and Clinton will inevitably go down memory lane during a discussion moderated by comedian Stephen Colbert. Aside from private conversations, Biden also often directs his top aides to follow up with Obama or Clinton on various topics of conversation.
Persons: Barack Obama, Joe Biden, Bill Clinton, Robert Byrd, George H.W . Bush, Bob Dole, John McCain, , Biden, Obama, Clinton, Still, Dole, McCain, Seth Meyers, Donald Trump, Sen, Scott Reed, Reed, Mike Pence's, — McCain, Mark Salter, George W, Bush, Hillary Clinton, Salter, McCain's, Mindy Kaling, Jill Biden, Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo, Lea Michele, Annie Leibovitz, Harris, Jeffrey Katzenberg, Rufus Gifford, Chris Korge, Condé, Anna Wintour, Julie Chavez Rodriguez, DJ D, Stephen Colbert, Jeff Zients, Anita Dunn, Steve Ricchetti, Bruce Reed, Jen O'Malley Dillon, Mike Donilon, Ricchetti Organizations: West Virginia State Capitol, NBC, NBC News, Democratic, Radio City Music Hall, Biden, Biden Victory Fund, DJ, Affordable, Trump, he's Locations: Charleston , West Virginia, New York, New Hampshire
Five students were wounded and later arrested on Wednesday after a slashing at a Queens high school, the police said. The slashing occurred during a fight that broke out around 12:43 p.m. at the school, New Dawn Charter High School II in Jamaica, according to law enforcement authorities. Five students were involved, as well as a security guard who tried to break it up. All five students and the guard were taken to a nearby hospital, where they were treated for minor injuries; the five students were then taken into custody. In two consecutive days in December, a 12-year-old girl was slashed in the leg at a Bronx middle school and a 15-year-old boy was stabbed at a Brooklyn high school.
Organizations: Queens, New Dawn Charter High, II Locations: Jamaica, New York City, Bronx, Brooklyn
The shipping container is a logistics marvel that can affordably move thousands of items from hundreds of different companies all around the globe. Supply chain disruptionsDisruptions to global trade can have major impacts on shortages and inflation, causing serious ramifications for American households and businesses. Indeed, inflation cooled alongside the bounce back of the supply chain, according to a White House analysis of the U.S. economy. [It's] an inefficiency born not of container shipping but just of the nature of the global economy." Watch the video above to learn more about how shipping containers enable global trade, why China dominates the shipping industry and what happens after a container shortage.
Persons: Simon Heaney, John Fossey, Good Hope, John McCown, nonresident, McCown, Goetz Alebrand, " Heaney, Heaney Organizations: Drewry, CNBC, Supply, Federal Reserve Bank of San, Center for Maritime Strategy, Federal Maritime Commission, Americas, DHL Global Locations: Federal Reserve Bank of San Francisco, U.S, Iran, Good, Africa, China, Ukraine, Asia
In one evening, barely an hour apart, Mayor Eric Adams was confronted with two tragic events that crystallized some people’s persistent fears about New York City. In recent months, he has repeatedly embraced a slogan — “Crime is down, jobs are up” — to drive both points home. But the violence on Monday undercut the argument that the city is becoming less dangerous and raised questions about whether Mr. Adams and Gov. Kathy Hochul have done enough to address gun violence and safety on the subway. Mr. Adams recently increased police patrols on the subway, and Ms. Hochul ordered the National Guard and the State Police into the transit system.
Persons: Eric Adams, Jonathan Diller, Adams’s, Adams, Kathy Hochul, Hochul Organizations: Adams’s mayoralty, Gov, National Guard, State Police Locations: New York City, Queens, Manhattan
A South Korean mailman was sentenced to six months in prison for discarding 16,000 pieces of mail. AdvertisementA mailman in South Korea was handed a six-month prison sentence for dumping 16,003 pieces of mail. AdvertisementLee's sentence is suspended for two years, The Korea Herald reported, meaning he may avoid serving time behind bars. Lee, who delivered mail in Gangseo-gu, a district of Seoul, dumped the mail between January 2021 and September 2022, the outlet said. It found that the South Korean workforce's overall levels of emotional exhaustion increased, owing to perceived threats of job insecurity, feelings of isolation, and the pressures of their jobs.
Persons: mailman, , Lee Organizations: Service, The Korea Herald, Seoul Southern, Court, Postal Services, South Korean, Korea Herald, Korean Locations: South Korea, Seoul
A deadly virus and a public health lockdown remade daily routines with startling speed, leaving little time for the country to prepare. Four years later, the coronavirus pandemic has largely receded from public attention and receives little discussion on the campaign trail. Though diminished, the pandemic has become the background music of the presidential campaign trail, shaping how voters feel about the nation, the government and their politics. The pandemic hardened voter distrust in government, a sentiment Mr. Trump and his allies are using to their advantage. Fears of political violence, even civil war, are at record highs, and rankings of the nation’s happiness at record lows.
Persons: Joseph R, Biden, Donald J, Trump, , Kathy Hochul, “ We’re, Organizations: White House, Locations: New York
South Korean millennials are turning to pet rocks to combat loneliness and burnout at work. Originally a 1970s joke gift, pet rocks can give a low-maintenance sense of companionship. AdvertisementAdults in South Korea are using pet rocks to help with loneliness and burnout at work. The Journal's Jiyoung Sohn spoke to millennials turning to pet rocks to help them through difficult periods in their careers. Related storiesThe coronavirus pandemic prompted a pet-rock boom in South Korea, according to a July 2023 report by Korea JoongAng Daily.
Persons: , Gary Dahl, Bettmann, Jiyoung Sohn, Koo Ah, Sohn, Koo, Yoon Jeonghan, Gen Z Organizations: Service, Street, Business, South Korea's Ministry of Interior, Safety, The Korea Herald, South Korea's Ministry, CNN, Bloomberg, Companies Locations: South Korea, Asia, Seoul, Korea
That's not to say predictions of a commercial real estate rebound are a sure bet. Here are four signs that support Gray's prediction that the commercial real estate market may be bottoming. (New York Community Bank had previously purchased $2.7 billion in Signature's loans and deposits, but not the real estate loans.) According to David Seifert, partner at private equity real estate firm Velocis, there are some sweet deals to be had in secondary sales of private-equity funds tied to real estate. The road aheadWhere Gray sees signs of bottoming, others think commercial real estate has much further to fall.
Persons: Warren Buffett, Buffett, Paul Getty, Getty, Steve Mnuchin —, Blackstone, Mnuchin, Donald Trump's, George Soros, John Paulson, It's, Jonathan Gray, Jim Garman, That's, Barry Sternlicht, Gray, Tracy Chen, Chen, BGO, secondaries There's, Ares, Brian King, King, David Seifert, Seifert, Velocis, Goldman Sachs, Dan McNamara, McNamara, Scott Rechler, wallop, Janet Yellen, Rechler, there's Organizations: Business, Goldman, Reuters, Starwood, Brandywine Global, Federal Reserve, . Bank, New York Community Bank, FDIC, Signature Bank, Community Bank, Fund Management, Community Preservation, New, Commercial Observer, Blackstone, Homes, Digital Realty, Polpo, RXR Locations: Blackstone, , New York, New York, BREIT, Real, Velocis
Coming into effect on Saturday, the law introduces 39 new national security crimes, adding to an already powerful national security law that was directly imposed by Beijing on Hong Kong in 2020 after huge and sometimes violent democracy protests the year before. Hong Kong’s Chief Executive Lee described it as a “historical moment for Hong Kong.”Lawmakers attend a meeting for Basic Law Article 23 legislation at the Legislative Council on March 19, 2024 in Hong Kong, China. They argue their legislation is similar to other national security laws around the world. “This will surely increase the doubt, anxiety, and uncertainty of foreign businesses in Hong Kong.”In mainland China, national security laws have often ensnared both local and foreign businesses in opaque investigations. That is something Emily Lau, a former pro-democracy lawmaker, also worries about, that what made Hong Kong distinct is fast fading.
Persons: , John Lee, Hong, Lee, Chen Yongnuo, , Hong Kong’s, Eric Lai, Lai, ” Lai, Hung Ho, fung, Capvision, Sarah Brooks, , ” Brooks, ” Johannes Hack, Emily Lau, I’ve Organizations: Hong Kong CNN, Hong, ” Lawmakers, Legislative, China News Service, China’s Communist Party, CNN, Georgetown Center, Asian Law, Johns Hopkins University, Amnesty International, German Chamber of Commerce, Hong Kong Locations: Hong Kong, Hong Kong’s, Beijing, China, Amnesty International China, , Hong
PinnedThe Supreme Court will hear arguments at 10 a.m. on Monday on whether the Biden administration violated the First Amendment in combating what it said was misinformation on social media platforms. “This is an immensely important case that will determine the power of the government to pressure the social media platforms into suppressing speech,” he said. “Our hope is that the Supreme Court will clarify the constitutional line between coercion and persuasion. On Friday, the court set rules for when government officials can block users from their private social media accounts. had most likely crossed constitutional lines in their bid to persuade platforms to take down posts about what they had flagged as misinformation.
Persons: Biden, Alex Abdo, , Murthy, , Elizabeth B, Prelogar Organizations: Columbia University, U.S ., Appeals, Fifth Circuit, White, Centers for Disease Control Locations: Florida, Texas, . Missouri, Missouri, Louisiana
Ariana Grande’s long-awaited new album, “Eternal Sunshine,” opens at the top of the latest Billboard chart with the biggest debut of the year so far, kicking off a season of expected blockbusters from Beyoncé, Taylor Swift and Dua Lipa. “Eternal Sunshine,” Grande’s seventh studio album and her first in almost four years, starts at No. “Eternal Sunshine” is Grande’s sixth No. All of her studio LPs have gone to the top except “Dangerous Woman” in 2016, which was held at No. Production on the film was delayed first by the coronavirus and then by last year’s SAG-AFTRA strike; the first “Wicked” film is now set to be released in November.
Persons: Ariana Grande’s, , Taylor Swift, Grande, Cynthia Erivo, Glinda Organizations: SAG Locations: Dua Lipa, United States
And Cinépolis, a theater chain that offers a "luxury movie-going" experience, recently caught my eye. It was available at my local AMC, but Cinépolis has about half the screens, so it can't show every movie in theaters. I bought my ticket on the Cinépolis site on Friday afternoon for a showing that night. At my local AMC, I can control the recline of the footrest and chair back separately, which makes for a more comfortable experience. When broken down, each movie ticket is about $2.
Persons: , It's, I'm, Harvey, Cinépolis, Bob Marley, Julz Harvey, chow, Julz Harvey It's, it's, Julz Harvey Cinépolis, I'd Organizations: Service, AMC, Business, showtime Locations: Cinépolis
The Supreme Court will hear arguments on Monday on whether the Biden administration violated the First Amendment in combating what it said was misinformation on social media platforms. It is the latest in an extraordinary series of cases this term requiring the justices to assess the meaning of free speech in the internet era. The case arose from a barrage of communications from administration officials urging platforms to take down posts on topics like the coronavirus vaccines, claims of election fraud and Hunter Biden’s laptop. Last year, a federal appeals court severely limited such interactions. Alex Abdo, a lawyer with the Knight First Amendment Institute at Columbia University, said the Supreme Court’s review of that decision must be sensitive to two competing values, both vital to democracy.
Persons: Biden, Hunter, Alex Abdo Organizations: Columbia University
To outsiders, the Bruderhof share a passing resemblance to the Mennonites and the Amish. Like those groups, the Bruderhof see their communities as refuges from the materialism and inequities of the modern world. They live simply and share their wealth. But after the lockdowns prompted by the coronavirus pandemic, the Bruderhof were forced to revisit their longstanding mistrust of digital devices and online communication. It has proved to be a unique challenge that the Bruderhof wrestle with in their families and during community meetings: How does an enclave modeled after Christian communities of the first century engage with the modern world?
Persons: Bruderhof
Two of the people we spoke with moved from New York City, one from London, and one from Seattle. Citadel's Miami office overlooks the Biscayne Bay and downtown Miami. Citadel and Citadel Securities also cover the cost of a weeklong visit to Miami for employees and significant others who are considering moving there. Cupjin Huang just started his job as a quant researcher for Citadel Securities this year. AdvertisementCupjin Huang, a quant researcher at Citadel Securities, in Miami with his dog Rufus.
Persons: , it's, Ken Griffin, Thoma Bravo, Goldman Sachs, Griffin, Lin, Manuel Miranda's, Hamilton, Maksim Solovjov, Miami doesn't, Rich Cummings, there's, Liz Boyhan, Cupjin Huang, Huang, Rufus, Pitbull, that's, Cummings, Solovjov, It's, you'll, Alexander Spatari, Inrix, she's, haven't, Fortune, he's, Boyhan, I've, fiancé Organizations: Service, Southeast Financial Center, Citadel Securities, Business, Bloomberg, Citadel, Citadel Citadel, Miami Dolphins, Miami, Prix, Citadel's, Downtown, Alibaba, BI, Key, New, New York City, Transportation, Fairchild, Botanic, Miami - Dade, Miami Beach, Google, UBS Locations: Miami, Biscayne Bay, Fisher, South Beach, York, Wall, New York, United States, New York City, London, Seattle, Magic, Bay, Florida, Downtown Miami, Brickell, Chihuahua, Hawaii, , Orlando, Los Angeles, Coral Gables, Fairchild, Italian, Tua, Solovjov, Manhattan
Following Young’s protest, the singer-songwriter Joni Mitchell also removed her music from Spotify, and the R&B singer India.Arie circulated clips showing Rogan using a racial slur repeatedly on the show. Rogan apologized for his use of the word, and Spotify quietly removed dozens of episodes of his show. Spotify signed Rogan to a deal in 2020, worth at least $200 million, that made his show exclusive to that platform. Last month, the company announced a new, multiyear arrangement with Rogan in which Spotify would also distribute “The Joe Rogan Experience” to other podcast platforms, as well as YouTube. In his statement on Tuesday, Young didn’t give a timeline for when his music would return to Spotify, and a representative of Spotify did not immediately respond to a request for comment.
Persons: Robert Malone, , Joni Mitchell, India.Arie, Rogan, Daniel Ek, Joe Rogan, Young didn’t, Mitchell Organizations: Spotify, Street Journal Locations: Covid
After he was paralyzed by polio at age 6, Paul Alexander was confined for much of his life to a yellow iron lung that kept him alive. But the toll of living in an iron lung with polio did not stop Mr. Alexander from going to college, getting a law degree and practicing law for more than 30 years. He was one of the last few people in the United States living inside an iron lung, which works by rhythmically changing air pressure in the chamber to force air in and out of the lungs. He had been briefly hospitalized with the coronavirus in February, according to his TikTok account. After he returned home, Mr. Alexander struggled with eating and hydrating as he recovered from the virus, which attacks the lungs and can be especially dangerous to people who are older and have breathing problems.
Persons: Paul Alexander, Alexander, Philip Alexander Locations: United States
Fu Bao fandomBorn to parents Ai Bao and Le Bao in July 2020 as part of China’s “panda diplomacy” program, Fu Bao is South Korea’s first naturally-bred panda. Some South Koreans said Fu Bao provided them with moments of joy during the pandemic. In one video, Fu Bao clings tightly to Kang’s leg, unwilling to let go, as he spins gently around the room. The other short video shows Fu Bao clinging to Kang’s arm while relaxing on a wooden bench. Once Fu Bao departs for China, there will be four giant pandas left at Everland – Fu Bao’s mother Ai Bao, father Le Bao, and their twin babies Rui Bao and Hui Bao, who were born last July.
Persons: Fu Bao, Fu, Fu Bao’s, Ai Bao, Le Bao, , you’re, zookeeper, grandpa, Kang Chul, ” Kang, 판다월드, Everland, Rui Bao, Hui Bao Organizations: CNN, South Korea’s, South, YouTube, China Conservation and Research Center, Samsung, China Wildlife Conservation Association Locations: South, Yongin city, South Korea, China, Everland, Sichuan Province
“It’s Never Too Late” is a series that tells the stories of people who decide to pursue their dreams on their own terms. Live music was no more. Patrick Milando could draw no other conclusion. It was a summer day in 2020, a peak of the coronavirus pandemic, and Mr. Milando, a French horn player, had been driving through a locked-down, emptied-out Times Square. At an age when his peers were wrapping up their work, Mr. Milando found himself pondering a new way to pay the bills — 5,000 feet above his old way.
Persons: , Patrick Milando, Milando, Organizations: Metropolitan Opera Locations: French
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