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☆ Three reasons a strong Black Friday weekend may not mean a blowout holiday season for retailers
▼ + stars: | 2023-12-03 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

And Ulta Beauty and Foot Locker 's shares rose this week, after the companies reported better-than-expected earnings and a strong start to holiday spending on sneakers, makeup and more. Adobe predicts that full holiday season online spending from Nov. 1 to Dec. 31 will hit $221.8 billion, which would be a nearly 5% year-over-year jump. If the estimate ends up being correct, that means shoppers still have a little more than half of their online holiday spending to go. The NRF said this week that its survey found about half of consumers' online and in-store holiday shopping remains. "People are just about tapped out, but [with] the holiday season, people are willing to even further extend themselves," he said.

Persons: Emily Elconin, That's, Dave Kimbell, Ulta, Matt Shay, Anastasiia, It's, Vivek Pandya, Pandya, Kena Betancur, Scott Wren, Wells, Shannon Stapleton Organizations: Getty, Adobe Analytics, National Retail Federation, Consumers, Walmart, Target, Adobe Digital, Adobe, Macy's, U.S . Federal, Shoppers, Reuters Locations: Oaks, Novi , Michigan, New York , New York, Wells Fargo, Macy's, Roosevelt, Garden City , New York, U.S

☆ He posed by an airplane as a kid in 1976. 40 years later he recreated the photo with his son
▼ + stars: | 2023-12-01 | by ( Francesca Street | ) edition.cnn.com time to read: +5 min

CNN —Brian Aerni’s favorite photo of himself was taken when he was just three years old. On one of these airport excursions, Aerni’s father took a photo of his son. A framed version of the 1976 airport photo has pride of place on a wall in his home. Not only was Aerni’s son the same age as he’d been back in the 1976 photo, he looked a lot like young Aerni. 40 years laterAerni tracked down the aircraft and recreated the 1976 photograph with his young son.

Persons: Brian Aerni’s, Aerni, –, Young Aerni, Aerni’s, Aerni –, he’d, Brian Aerni, “, couldn’t, Here's Aerni, Brian Aerni Aerni’s, doesn’t, ”, hadn’t, that’s, Here's Brian Organizations: CNN, Stapleton International, Convair, Frontier Airlines, FAA, Conair, CNN Travel Locations: Denver , Colorado, Canada, Abbottsford, “

☆ Former US Supreme Court Justice Sandra Day O’Connor dead at 93
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +8 min

[1/5] U.S. Supreme Court Justice Sandra Day O'Connor speaks during an interview with Reuters Editor-in-Chief Stephen Adler at the 92nd Street Y in New York March 15, 2012. Chief Justice John Roberts recalled O'Connor as having "blazed an historic trail as our nation’s first female justice." "We at the Supreme Court mourn the loss of a beloved colleague, a fiercely independent defender of the rule of law, and an eloquent advocate for civics education." Her 1981 appointment by Republican President Ronald Reagan made her the Supreme Court's first woman justice nearly two centuries after the Supreme Court was established in 1789 but her place in history went beyond breaking men-only barriers. The Supreme Court, which has had a 6-3 conservative majority since 2020, overturned the landmark Roe ruling in 2022.

Persons: Sandra Day O'Connor, Stephen Adler, Shannon Stapleton, Sandra Day O’Connor, O'Connor, John Roberts, Roberts, George W, Bush, Samuel Alito, Ronald Reagan, you’ve, Roe, Wade, Republican George W, Democrat Al Gore, O’Connor, Harry, Ada Mae, Rehnquist, John, Warren Burger, Reagan, Jimmy Carter, Justice Potter Stewart, “, Barack Obama, Bill Trott, Daniel Wallis Organizations: U.S, Supreme, Reuters, REUTERS, Rights, Republican, Democrat, Chicago Tribune, Stanford University, Arizona, Democratic, Senate, Ladies, White, Thomson Locations: New York, Phoenix, Arizona, Georgia, Texas, Florida, El Paso , Texas, Los Angeles, San Mateo County , California, United States, West, Reuters Washington

☆ I'm a career coach who works with Millennials and Gen Z. The younger generation needs constant stimulation. Millennials just want stability.
▼ + stars: | 2023-11-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Alice Stapleton is a UK-based career change coach who works with both Gen Z clients and millennials. Stapleton told Business Insider that Gen Z workers are much more focused on flexibility and impact. AdvertisementThis as-told-to essay is based on a conversation with Alice Stapleton, a 41-year-old UK-based career change coach and host of The Career Change Diaries podcast. I'm a career change coach who predominantly works with people in their twenties, thirties, and early forties. Another difference is Gen Z is looking for diverse workplaces, whereas I get the sense that millennials prefer to be around like-minded people.

Persons: Alice Stapleton, Stapleton, —, I'm, I've, Gen, They're Organizations: Business, Service Locations: UK

This year, 59% retailers offer so-called "returnless" or "keep it" policies for unwanted products whose returns costs exceed their value, according to returns services firm goTRG, which surveyed 500 executives at 21 major retailers, including Walmart (WMT.N) and Amazon.com (AMZN.O). That information is "not something that retailers want out there" due to worries the policies could be abused by shoppers, he said. The firm helps retailers manage returns, which typically rise after pre-Christmas sales like Black Friday and Cyber Monday and continue beyond Christmas. The typical return costs retailers about $30. "You just can't afford to ignore it," she said of returns costs.

Persons: Shannon Stapleton, Sender Shamiss, Shamiss, Amena Ali, Ali, Gabrielle Richards, Pamela Peters, Peters, Lisa Baertlein, Arriana McLymore, Siddharth Cavale, Nick Zieminski Organizations: REUTERS, ANGELES, Black, Walmart, Super Bowl, Reuters, eBay, Appriss Retail, National Retail Federation, Amazon.com, Thomson Locations: Macy’s, Roosevelt, Garden City , New York, U.S, Los Angeles, New York

☆ Current policy rate lets Fed be 'nimble' with incoming data, Mester says
▼ + stars: | 2023-11-29 | by ( Michael S. Derby | ) www.reuters.com time to read: +3 min

Loretta Mester, president of the Federal Reserve Bank of Cleveland, speaks during an interview in Manhattan, New York, U.S., August 15, 2017. The central bank's rate policy will need to be "nimble" and "I believe the current level of the (federal) funds rate positions us well to do that." Mester, who will retire from the regional Fed bank next June, spoke two weeks ahead of the Fed's Dec. 12-13 policy meeting. That gathering is widely expected to result in no change in the current 5.25%-5.50% policy rate range. She noted that Fed rate hikes have tightened financial conditions and moderated demand at a time when supply chains have been healing.

Persons: Loretta Mester, Shannon Stapleton, Mester, Mester's, Michael S, Paul Simao Organizations: Federal Reserve Bank of Cleveland, REUTERS, Cleveland Federal, Fed, Financial, FOMC, Thomson Locations: Manhattan , New York, U.S, Chicago

☆ Google, Symphony unveil AI JV to help banks manage voice calls compliance risk
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +3 min

The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023. Symphony, which counts banks like Goldman Sachs (GS.N) and JPMorgan (JPM.N) among its 1,000-strong client base, will use Google Cloud's generative artificial intelligence platform, Vertex AI, to enhance its Cloud9 voice product with more sophisticated speech-to-text and natural language processing (NLP) capabilities. Phil Moyer, VP of Google Cloud's Global AI Business, said the platform would make compliance more "ambient". So there's 180 zettabytes of data on the planet Earth right now, 90% of which has been created in the last two years." And so tools like these transformers and generative AI are really helping to manage that massive data that's being created," Moyer said.

Persons: Shannon Stapleton, Goldman Sachs, Zac Maufe, Brad Levy, Phil Moyer, Moyer, Sinead Cruise, David Evans Organizations: Google, Chelsea, REUTERS, Reuters, U.S . Securities, Exchange Commission, JPMorgan, Communications, Thomson Locations: New York City, U.S

☆ Rosalynn Carter repose: Former first lady’s motorcade will route from wreath-laying ceremony to Carter Presidential Center
▼ + stars: | 2023-11-27 | by ( Christina Maxouris | ) edition.cnn.com time to read: +12 min

In May, the Carter Center said Rosalynn Carter had dementia. The motorcade will stop for a wreath-laying ceremony at Rosalynn Carter’s alma mater, Georgia Southwestern State University, before making its way to Atlanta. Former first lady Rosalynn Carter poses for a portrait in New York in 2011. Alice S. Hall/NBCUniversal/Getty Images) Rosalynn gets a kiss from her husband after they were awarded Presidential Medals of Freedom in 1999. “Thank you all for joining us in celebrating what a treasure she was, not only to us, but to all humanity.”The Carter Center said in lieu of flowers, donations be made to the Carter Center Mental Health Program or the Rosalynn Carter Institute for Caregivers.

Persons: Rosalynn, Rosalynn Carter, Jimmy Carter, “, Andy Huggins, David Goldman, ”, Mike Stewart, Joe Biden, Jill Biden, Kamala Harris, Nikki Kahn, Horace Cort, Mikki Ansin, Jason, Amy, Jeff, Jack, Dan Farrell, Jimmy, Barbara Walters, Richard Howard, Suzanne Vlamis, Diana Walker, Joan Mondale, Walter Mondale, Muriel Humphrey, Hubert Humphrey, Ruth Carter Stapleton, Jimmy Carter's, Wally McNamee, Corbis, Carter, Ronald Reagan, Ron Galella, Bromberger Hoover, Jay Leno, Alice S, Tami Chappell, Charlie Neibergall, Laura Rauch, Carolyn Kaster, Sebastian Scheiner, Barack Obama's, Bill Clark, John Bazemore, Amy Davis, Saul Loeb, Errol, Jimmy's, Branden Camp, Caroline Kennedy, Hillary Clinton, Nancy Reagan, David McNew, Matt McClain, Adam Schultz, The New York Times Adam Schultz, White, Erin Schaff, Michael S, Williamson, CNN’s Jaide Timm, Garcia, Eva McKend Organizations: CNN, Carter Center, White House, Atlanta ., Secret, Georgia Southwestern State University, Rosalynn Carter, Health, Human Sciences, Carter, Jimmy Carter Presidential, Glenn Memorial United Methodist Church, Emory University, Maranatha Baptist Church, Washington Post, Atlanta, NY, Hulton, Disney, Bettmann, Mental Health, Mental Health Systems, Harlem Globetrotters, Getty, Democratic National Convention, Toronto, Presidential, Humanity, Baltimore Sun, Tribune, Service, Capitol, Aging, NBA, The New York Times Locations: Plains , Georgia, Atlanta, Georgia, Plains, Americus, alma mater, Plains ., New York, Brazil, Dubuque , Iowa, Waterloo , Iowa, San Francisco, Ashkelon, Israel, Baltimore, Annapolis , Maryland, Americus , Georgia, Rosalynn

Brokerage TD Cowen lowered its U.S. holiday spending estimate to 2% to 3% growth, from 4% to 5%, as it forecast flat Black Friday traffic. With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. In France, Italy, and Spain, most shoppers planned to buy clothing on Black Friday, with electronic goods coming second, according to a PwC survey. Thanksgiving Day discounts online peaked at about 28% for toys, while electronics had discounts as steep as 27%, Adobe said.

Persons: Shannon Stapleton, Cowen, Theresa Forsberg, “ It’s, ”, Jill Lizzo, she’s, “, I’m, Lizzo, PwC, hasn’t, Naomi Ojomo, Jeff Gennette, Barbie, John Roberts, Apple AirPods, Bergdorf Goodman, Nordstrom, Oscar de, Katherine Masters, Arriana McLymore, Helen Reid, Mimosa Spencer, Corina Pons, James Davey, Siddharth Cavale, Arriana, Deboarh Sophia, David Gaffen, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: Black, REUTERS, Shoppers, National Retail Federation, Insider Intelligence, Barclays, Macy's, Adobe Analytics, Adobe, Walmart, Argos, PlayStation, Apple, Thomson Locations: Westbury , New York, U.S, RALEIGH, N.C, New Milford , Connecticut, . U.S, Harlem, Manhattan, France, Italy, Spain, Zara, Canary Wharf, London, British, Paris, Madrid, New York, Raleigh , North Carolina, Bengaluru

☆ Retailers hope to draw picky Black Friday shoppers to stores
▼ + stars: | 2023-11-24 | by ( Katherine Masters | ) www.reuters.com time to read: +5 min

Originally known for crowds lining up at big-box stores in the U.S., Black Friday has moved online and gone global. In France, Italy, and Spain, most shoppers planned to buy clothing on Black Friday, with electronic goods coming second, according to a PwC survey. On average, shoppers in France expected to spend 295 euros ($322) on Black Friday, the survey found. Most U.S. stores were closed on Thanksgiving but opened to shoppers at 5 a.m. or 6 a.m. on Friday. In post-earnings calls this week, retailers from Kohl's (KSS.N) to Nordstrom (JWN.N) told investors they had invested in jackets, cashmere sweaters and Ugg boots to lure Christmas shoppers after an unseasonably warm October.

Persons: Shannon Stapleton, Jessica Ramirez, Jane Hali, Jeff Gennette, Mari Shor, Bergdorf Goodman, Nordstrom, Oscar de, ” Nordstrom, Pete Nordstrom, Katie Wyle, Katherine Masters, Mimosa Spencer, Helen Reid, James Davey, Josie Kao, Miral Fahmy, Frances Kerry Organizations: Black, REUTERS, Retailers, Associates, National Retail Federation, Insider Intelligence, Barclays, Macy's, The New York Police, Nordstrom, Walmart, Columbia Threadneedle Investments, Westfield, Thomson Locations: Westbury , New York, U.S, Europe, France, Italy, Spain, Amazon, Israel, New York City, Kohl's, Mall, Britain, Westfield, Paris, London

☆ The tug-of-war is on between deal-hungry shoppers and retailers wary of giving them throw-away prices on Black Friday
▼ + stars: | 2023-11-24 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +7 min

So are the start-of-the-season deals enticing enough for shoppers or are they holding out in a cat-and-mouse game with retailers? Michael Brown, retail industry leader and partner with management consulting firm Kearney, said the much earlier-than-usual jumpstart to holiday sales this year could be to blame. Shoppers will be holding out for better deals,” he said. Kena Betancur/Getty ImagesTotal holiday sales this year are expected to come in softer compared to last year. He said there were plenty of 25% off Black Friday deals mall-wide and some deeper 40% off promotions for early-bird shoppers.

Persons: New York CNN —, Michael Brown, Kearney, ”, Brown, Emily Elconin, Marshal Cohen, ” Cohen, Barbie, Willing, they’ve, Kena Betancur, Brian Schroeder, Kendra Scott, “, Aeropostale, Aritzia, Shannon Stapleton, Marc Rosen, Rosen, ” Rosen, Nathaniel Meyersohn Organizations: New, New York CNN, “, Shoppers, Black, National Retail Federation, Adobe Analytics, Disney Little, Marvel, Macy's, Brookfield Properties, Brookfield Asset Management, Nike, Apple, Simon Property Group, JCPenney Locations: New York, Oaks, Michigan, New York , New York, La Cantera, San Antonio , Texas, Brookfield, Roosevelt, Garden City , New York, Penney

☆ Bankrupt WeWork enters financing agreements with certain lenders
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +1 min

A WeWork logo is seen outside its offices in the Queens borough of New York City, U.S., November 7, 2023. WeWork, once the most valuable U.S. startup, struggled to achieve profitability as a rise in work-from-home trends following the pandemic soured demand for its shared office spaces. The financing could be as much as $682.5 million but it could also be smaller than that depending on other conditions, WeWork said, adding that the parties have agreed to provide the financing individually and not jointly. The company also said the financing agreement was dependent on fulfilling certain conditions, including the approval of the Bankruptcy Court. WeWork entered bankruptcy with about $164 million of cash on hand, according to court filings.

Persons: Shannon Stapleton, WeWork, Bhanvi, Devika Organizations: REUTERS, Goldman Sachs International Bank, JPMorgan Chase Bank, SoftBank, Thomson Locations: Queens, New York City, U.S, Bengaluru

☆ US demand for new credit down in 2023, New York Fed survey shows
▼ + stars: | 2023-11-20 | by ( Michael S. Derby | ) www.reuters.com time to read: +2 min

People walk by the Federal Reserve Bank of New York in the financial district of New York City, U.S., June 14, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsNEW YORK, Nov 20 (Reuters) - Demand for new credit in the U.S. over the last year has declined and will likely stay soft in the future, according to a survey released on Monday by the New York Federal Reserve. But even as the overall application rate for new credit declined among those surveyed, interest in applying for more credit card debt rose. The survey said that reading had hit 29% as of October and was 26% for 2023, compared to a 27.2% credit card application rate in 2019. The report noted that expected decline in applications for credit extended to new credit cards, auto loans, mortgages and home refinancing.

Persons: Shannon Stapleton, Michael S, Paul Simao Organizations: Federal Reserve Bank of New, REUTERS, New York Federal Reserve, Fed, Consumer, New York Fed, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S

☆ US appeals court ruling strikes at core of landmark voting rights law
▼ + stars: | 2023-11-20 | by ( Joseph Ax | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

The ruling, which will likely be appealed, could set up the next voting rights battle at the U.S. Supreme Court. The vast majority of Voting Rights Act cases are filed by private parties. For instance, the case that prompted the Supreme Court earlier this year to strike down Alabama's congressional map was originally filed by a coalition of civil rights groups. In a dissent, Chief Judge Lavenski Smith, also a Bush appointee, said he would have followed existing precedent unless Congress or the Supreme Court said otherwise. Sophia Lin Lakin, the director of the American Civil Liberties Union's voting rights project and a lawyer for the plaintiffs, in a statement called the ruling a "travesty for democracy."

Persons: Shannon Stapleton, District Judge Lee Rudofsky, Donald Trump, David Stras, Raymond Gruender, George W, Bush, Judge Lavenski Smith, Sophia Lin Lakin, Joseph Ax, David Gregorio, Mark Porter Organizations: REUTERS, Firms American Civil Liberties, ., U.S, Supreme, District, Appeals, Trump, Circuit, Republican, American Civil Liberties, Thomson Locations: Queens, New York City, U.S, Arkansas

☆ 'Dupes' clothing, perfume craze lures holiday shoppers as major brands fret
▼ + stars: | 2023-11-20 | by ( Katherine Masters | ) www.reuters.com time to read: +7 min

Hashtag searches for dupes of major brands - including Skims underwear and Deckers' (DECK.N) Ugg boots - have been viewed millions of times on TikTok. Graphic shows pictures of four original products and their original prices under named brands compared with the prices of their 'dupe' counterparts. Newer technologies like the Google Lens app allow people to take photos of items they like and find similar products for sale. In other cases, dupe sellers opt to replicate the look of higher-priced originals with cheaper materials to maximize profit. However, experts say dupe sellers have grown increasingly skilled at avoiding brand logos and other design features that could infringe existing patents or copyrights.

Persons: Lauren Maginness, Shannon Stapleton, Maginness, Estee, Tom Ford, Dupes, “, ”, Penny Pincher, Leslie Ghize, Doneger Tobe, Calvin McDonald, Ian Taplin, Juozas Kaziukenas, Kaziukenas, Maria Boschetti, Mike Scheschuk, Birkenstock, Katherine Masters, Dorothy Kam, Vanessa O'Connell, Rod Nickel, Matthew Lewis Organizations: REUTERS, Abercrombie, Fitch, Scout, Walmart, Department, Nordstrom, Circana Inc, COMMERCE, Wake Forest University, eBay, Google, HK, Amazon, New, Thomson Locations: New York City, U.S, Hong Kong, TikTok, Los Angeles, Zara, Italy, New York

☆ Stray Kids Score Another No. 1 With ‘Rock-Star’
▼ + stars: | 2023-11-20 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

Stray Kids, the eight-piece K-pop group that was formed on a South Korean reality TV show, has scored its fourth No. 1 in two years on Billboard’s album chart, bumping Taylor Swift to No. “Rock-Star,” an eight-track mini album — including two versions of a song called “Lalalala” — becomes Stray Kids’ latest No. 1, selling 213,000 copies in the United States, mostly on CD, and racking up a modest 16 million streams, according to the tracking service Luminate. After striking a deal in the United States in 2022 with Republic Records — also the label for Swift, Morgan Wallen, Drake and other stars — the group landed two albums at No.

Persons: Taylor Swift, ”, —, Republic Records —, Swift, Morgan Wallen, Drake, Swift’s, Chris Stapleton Organizations: Republic Records Locations: Korean, United States, Memphis

☆ Trump vows to kill Asia trade deal being pursued by Biden if elected
▼ + stars: | 2023-11-19 | by ( Nathan Layne | ) www.reuters.com time to read: +2 min

Speaking to supporters in Iowa, Trump said he was against the regional trade deal being negotiated by the Biden administration with 13 other countries, arguing that it would hollow out U.S. manufacturing and trigger job losses. Trump, who withdrew from the Trans-Pacific Partnership (TPP) trade deal that had been forged with many of the same countries after taking office in January 2017, said he would "knock out" what he referred to as "TPP Two" immediately upon taking office. The Biden administration had hoped to finish key chapters of its IPEF trade initiative in time for this week's Asia-Pacific Economic Cooperation (APEC) meeting. It has vowed to continue negotiating the ambitious deal, but election-year pressures and resistance to tough commitments from some countries make a deal unlikely, trade experts and business groups say. Reporting by Nathan Layne in Fort Dodge, Iowa; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Shannon Stapleton, Joe Biden, Trump, Biden, Nathan Layne, Chizu Organizations: U.S, Trump Organization, Court, REUTERS, Republican, Economic, Pacific, Economic Cooperation, Thomson Locations: New York, Manhattan, New York City, U.S, DODGE , Iowa, Pacific, Iowa, Vietnam, Indonesia, Fort Dodge, Des Moines, Asia, Fort Dodge , Iowa

☆ Rosalynn Carter death: former first lady and wife of Jimmy Carter, passes away at 96
▼ + stars: | 2023-11-19 | by ( Keith Allen | Kate Andersen Brower | ) edition.cnn.com time to read: +29 min

Rosalynn Carter passed away peacefully with family by her side at her home in Plains, Georgia, the center said in a statement. It was likely that Eleanor Rosalynn Smith would cross paths with Jimmy Carter in their small hometown of Plains, Georgia. Former first lady Rosalynn Carter poses for a portrait in New York in 2011. Atlanta Journal-Constitution/AP Jimmy Carter, then a Georgia state senator, hugs his wife at his campaign headquarters in Atlanta in 1966. The Carter CenterRosalynn and Jimmy Carter had four children, 12 grandchildren and several great-grandchildren.

Persons: CNN — Rosalynn Carter, Rosalynn Carter, “ Rosalynn, Jimmy Carter, “, ”, Ronald Reagan, Rosalynn, Jill Biden, ” Jimmy Carter, Jason, Amy, Dan Farrell, Carter, ” Jill Biden, Joe Biden, “ They’re, George W, Bush, Laura Bush, She’s, Jill Stuckey, Carters, Bill Clinton, Jake Tapper, CNN’s, Eleanor Rosalynn Smith, ” Rosalynn, Ruth, Jimmy, Jimmy wasn’t, John William, “ Jack ”, James Earl, Chip ”, Donnel Jeffrey, “ Jeff ”, Amy Lynn, Stuart Eizenstat, Donald Trump, Melania, ” Trump, Plains Carter, Richard Nixon, Gerald Ford, Nixon’s, Mary Matise, Eleanor Roosevelt, Steven Hochman, Mrs, ” Hochman, ’ ”, Michelle Obama, ” Michelle Obama, ’, Georgia’s, Nikki Kahn, Horace Cort, Mikki Ansin, Jeff, Jack, Barbara Walters, Richard Howard, Suzanne Vlamis, Diana Walker, Joan Mondale, Walter Mondale, Muriel Humphrey, Hubert Humphrey, Ruth Carter Stapleton, Jimmy Carter's, Wally McNamee, Corbis, Ron Galella, Bromberger Hoover, Jay Leno, Alice S, Tami Chappell, Charlie Neibergall, Laura Rauch, Carolyn Kaster, Sebastian Scheiner, Barack Obama's, Bill Clark, John Bazemore, Amy Davis, Saul Loeb, Errol, Jimmy's, Branden Camp, Caroline Kennedy, Hillary Clinton, Nancy Reagan, David McNew, Matt McClain, Adam Schultz, The New York Times Adam Schultz, White, Erin Schaff, Michael S, Williamson, Theodore Roosevelt’s, ‘, Jimmy ’, Welfare Joe Califano, Jerry Rafshoon, Carter’s, Joe Califano, Massachusetts Sen, Ted Kennedy, Rafshoon, Camp David, David, Zbigniew Brzezinski, ” Brzezinski, Harry, Bess Truman, Lady Rosalynn Carter, Kate Andersen Brower, CNN’s Stephen Collinson, Sam Fossum, Gabe Cohen Organizations: CNN, Carter, House, The Carter, Naval, Americana, NY, White, Maranatha Baptist Church, Sunday, Carter Institute for Caregiving, Georgia Southwestern State University, Southern Baptists, Naval Academy, Georgia, Atlanta, Brigade, Jimmy, Mental Health, Washington Post, Hulton, Disney, Bettmann, Mental Health Systems, Harlem Globetrotters, Getty, White House, Democratic National Convention, Toronto, Presidential, Humanity, Baltimore Sun, Tribune, Service, Capitol, Aging, NBA, The New York Times, Department of Justice, Health, Education, Welfare, Democratic, American, Human, Camp, Habitat, U.S Locations: Plains , Georgia, Israel, Egypt, Iran, Atlanta, Norfolk, Cuba, Sudan, North Korea, Guinea, mater, Georgia, Plains, ”, Hawaii, New London , Connecticut, Schenectady , New York, Washington, Iowa, Florida, Americus , Georgia, New York, Brazil, Dubuque , Iowa, Waterloo , Iowa, San Francisco, Ashkelon, Baltimore, Annapolis , Maryland, Rosalynn, North Carolina, White, Central, South America, Ecuador, Peru, Colombia, Panama, Maryland, Tehran, United States

REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsNEW YORK, Nov 17 (Reuters) - Rising U.S. government debt and fiscal deficits that have helped lift government bond yields this year will likely become secondary factors for investors, as their focus shifts to economic fundamentals, Citi analysts said. "Our baseline is that over time investors accept these fiscal risks as a fact of life and that ultimately it is not supply and demand that determine Treasury yields but it's more about the fundamentals of the economy," he said. Moody's, which last week lowered its outlook on U.S. credit, expects the government to continue to run wide fiscal deficits due to increased spending and higher debt interest payments. Some Fed officials have also said rising bond yields, which make access to credit more expensive, could be a substitute for increasing interest rates further. "There is going to be an extraction of higher yields from these investors," cautioned Mathai.

Persons: Shannon Stapleton, Fitch, Moody's, Nathan Sheets, Ray Dalio, Jabaz Mathai, Mathai, Davide Barbuscia, Ira Iosebashvili, Diane Craft Organizations: REUTERS, U.S, Citi, Office, Associates, CNBC, Treasury, Federal Reserve, Thomson Locations: New York City, U.S

The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023. In the trial that started on Sept. 12 and is expected to largely end Thursday, the Justice Department is seeking to prove that Google is a monopolist and illegally abused that monopoly power to favor its own bottom line. No decision on whether to hold closing arguments, the final phase of the trial, has been made. They may be held in the spring, according to courtroom discussions about future hearings. The final witness for the U.S., MIT economics professor Michael Whinston, argued as the hearing began that those contracts helped provide Google with market power in the search advertising market and that "Google has exercised significant market power by raising prices."

Persons: Shannon Stapleton, Alphabet's, Michael Whinston, Diane Bartz Organizations: Google, Chelsea, REUTERS, Rights, U.S, Justice Department, Verizon, Samsung, MIT, Thomson Locations: New York City, U.S

REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsCompanies PepsiCo Inc FollowNEW YORK, Nov 15 (Reuters) - New York state sued PepsiCo (PEP.O) on Wednesday, accusing the beverage and snack food giant of polluting the environment through its single-use plastic bottles, caps and wrappers. The lawsuit filed in state court in upstate Erie County is among the first by a U.S. state to target a major plastics producer. The lawsuit seeks to force PepsiCo to stop causing a nuisance, clean up contamination, and provide other relief. California in 2022 announced it was conducting an investigation into the fossil fuel and petrochemical industries' role in plastic pollution. Reporting by Jonathan Stempel in New York; Editing by Chizu Nomiyama and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Shannon Stapleton, Letitia James, PepsiCo, James, Jack, Doritos, Jonathan Stempel, Chizu Nomiyama, Jonathan Oatis Organizations: Pepsi, REUTERS, PepsiCo, Gatorade, Lay's, Thomson Locations: New York, U.S, Erie County, Buffalo, Purchase , New York, Fritos, Lipton, Tostitos . Connecticut, Minnesota, . California

REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsCompanies PepsiCo Inc FollowNEW YORK, Nov 15 (Reuters) - New York state sued PepsiCo (PEP.O) on Wednesday, accusing the beverage and snack food giant of polluting the environment and endangering public health through its single-use plastic bottles, caps and wrappers. The lawsuit filed in state court in upstate Erie County is among the first by a U.S. state to target a major plastics producer. "All New Yorkers have a basic right to clean water, yet PepsiCo's irresponsible packaging and marketing endanger Buffalo’s water supply, environment, and public health," she said in a statement. The New York lawsuit also said PepsiCo has deceived consumers by announcing various targets to reduce the amount of non-recycled plastic it uses in packaging, although it has actually increased its usage. The lawsuit seeks to force the Purchase, New York-based company to stop causing a nuisance, clean up contamination and pay for damages caused by plastic waste.

Persons: Shannon Stapleton, Letitia James, PepsiCo, James, Jack, Doritos, Judith Enck, Obama, Clark Mindock, Jonathan Stempel, Chizu Nomiyama, Jonathan Oatis, Alexia Garamfalvi Organizations: Pepsi, REUTERS, PepsiCo, The New, Gatorade, Lay's, Plastics, Environmental Protection Agency, Thomson Locations: New York, U.S, Erie County, Buffalo, The New York, , New York, Fritos, Lipton, Connecticut, Minnesota, . California

☆ See inside the over $1.5 million luxury buses celebrities like Drake and Doja Cat live in while they tour around the US
▼ + stars: | 2023-11-15 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

The company says it rents its 190 luxury tour buses to musicians like Drake, Doja Cat, and Olivia Rodrigo. You'll definitely recognize some of Dreamliner's clientsThe company's CEO says Doja Cat, Travis Scott, and Tool are currently on tour using Dreamliner's buses. In 2020, founder Rich Thomson purchased 12 tour buses from an individual who needed to get out of a personal guarantee. Dreamliner Luxury CoachesDreamliner's rendering shows a hotel room on wheels that looks just like a traditional bedroom. Dreamliner Luxury CoachesDreamliner's CEO says these post-conversion coaches are worth $1.5 million to $2 million each.

Persons: Drake, Doja, Olivia Rodrigo, —, you've, Dreamliner, Doja Cat, Travis Scott, Rich Thomson, Kenny Chesney, Chris Stapleton —, Jeremy Maul, he's, Maul, Taylor Swift's, Michael Jordan, Zach Bryans, Thomson, Taylor, Dreamliner's, Hemphill, there's, Justin Timberlake Organizations: Service, Jet, Greyhound, Coaches, NBA, NFL, Brothers Coach Company Locations: The Nashville , Tennessee, Dreamliner, Dreamliner's, Nashville, Fontana , California

LOS ANGELES (AP) — Last year, Dolly Parton was inducted into the Rock & Roll Hall of Fame — against her wishes. Now, almost exactly a year later, she's releasing her first rock ‘n’ roll album, appropriately titled “Rockstar," on Friday. Parton once thought she'd record a “Linda Ronstadt-type rock album,” but had felt she was getting too old. “I care about people, human suffering and all of that.”“World On Fire,” she says, was written after she thought the album was completed. For now, Parton says “Rockstar” is her first and last rock album.

Persons: Dolly Parton, she's, Parton, “, ” Parton, ”, Linda Ronstadt, Sting, Peter Frampton, Debbie Harry, Pat Benatar, Brandi Carlile, Chris Stapleton, Mick Jagger, Lionel Richie, Long, Paul McCartney, I’ve, Ringo Starr, Starr, Rockstar ”, Porter Wagoner, Elvis, Ronnie McDowell, Elvis Presley, Tom Parker, “ I'm, She's Organizations: ANGELES, —, Roll Hall, Fame, Roll Hall of Fame, Associated Press, “, AP, Rockstar

☆ US House: Court fights could tip control in 2024
▼ + stars: | 2023-11-14 | by ( Joseph Ax | ) www.reuters.com time to read: +8 min

The state's highest court, the Court of Appeals, will hear arguments this week over whether to order a new map for 2024, as Democrats have asked, or to maintain the current map, as Republicans have argued. The new map was made possible by the state Supreme Court, after two conservative judges won election in 2022. The court's previous Democratic majority had thrown out a Republican map as an illegal gerrymander. UTAH: DEMOCRATS COULD GAIN ONE SEATThe state Supreme Court is weighing whether a Republican-drawn map that divided Democratic-leaning Salt Lake County into four districts violated the state constitution. The Republican state party has appealed.

Persons: Shannon Stapleton, Ron DeSantis, Al Lawson, Steve Jones, Brian Kemp, Jim Cooper, Joseph Ax, Jason Lange, Scott Malone, Jonathan Oatis Organizations: REUTERS, U.S . House, Representatives, Census, Democrats, Democratic, House, SEAT, Republican, Black Democrat, District, Black, U.S, Supreme, NORTH CAROLINA, REPUBLICANS, SOUTH CAROLINA, South, voters, NEW, SEAT Republicans, SEAT Civil, U.S . Department of Justice, Thomson Locations: Queens, New York City, U.S, Alabama, New York, FLORIDA, Florida, Black, GEORGIA, LOUISIANA, ALABAMA, UTAH, Salt Lake County, NEW MEXICO, TENNESSEE, Nashville's, TEXAS

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