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New York CNN —Walmart, the global mega-retailer that began in Arkansas in 1962, is making huge moves in 2024. It’s making investments in technology and inventory that move it into new businesses and which will alter the Walmart experience of many customers. Stock splitThe mega-retailer announced a 3-for-1 stock split that takes effect this week. A stock split means a single share gets split into multiple shares. Under the plan Walmart announced, people who own shares by close of business on February 22 will get two additional new shares of Walmart for every share they own.
Persons: Doug McMillon, Jeffries, , , McMillon, Burt Flickinger, Blake Droesch, CNN’s Parija Kavilanz, Nathaniel Meyersohn, Elisabeth Buchwald, Alicia Wallace Organizations: New, New York CNN, Walmart, , Labor, Consumer, Microsoft, Strategic Resource, CNN, Costco, Telsey Group, Target, Intelligence, FactSet Locations: New York, Arkansas, Las Vegas
It will mean fundamentally reevaluating our conception of free will and human agency — and reckoning with our tortured relationship with shame. Many health plans have refused to cover GLP-1s for weight loss , citing limited approval from the Food and Drug Administration. I don't know when I first became overweight, but I remember the moment I was taught to be ashamed of it. They can stop the vicious feedback loop where our food choices and weight drive the shame that drives our food choices and weight. But no matter how heavy that burden was, one thing made it easier to bear: I wasn't weighed down by my shame.
Persons: I'd, They're, , dieters, I've, Wayne LaPierre, David Vades Joseph, Mounjaro, , you'd, would've, Kit Kat, they've, untangling, Stephen Spielberg's Organizations: National Rifle Association, NRA, Food and Drug Administration, New York City Marathon, Harvard Law School, GLP, BI Locations: York, Greenwich Village, darting, GLP
CNN —They were two exceptionally promising athletes, seemingly bound for track and field stardom, when their careers were derailed by a condition that doctors and researchers say they are only now beginning to understand. ‘Instituional buy-in’REDs’ symptoms can affect anyone, particularly athletes training in a culture that celebrates overtraining and undereating – or that has an unhealthy relationship with weight. Eventually, her blog morphed into Project RED-S – a site filled with resources for athletes, coaches and supporters. Access to “dietician input … and appropriate psychological support if it’s needed,” can also help prevent and treat REDs, Dr. Jawad says. Woolven’s Project RED-S aims to provide that support she lacked and initiatives like this allow Cain to envision a future that “looks really bright.”“I’m hopeful,” Cain says.
Persons: CNN —, Mary Cain, Pippa Woolven, Martin Rickett, ” Dr, Farrah Jawad, wouldn’t, Dr, Kathryn Ackerman, Cain, Woolven, you’re, , , Eric Draper, marathoner Alberto Salazar, “ It’s, you’re undereating, Salazar, Women’s, ” Salazar, Jessica Rinaldi, ” Cain’s, Dave Thompson, ” accidently, ‘ Instituional, Ackerman, , Nobody, Jawad, Matt Dunham, “ it’s, ” Cain Organizations: CNN, Championships, Florida State University, REDs, British Universities, Colleges Sports, Pure Sports, CNN Sport, IOC, Harvard Medical School, Sports Medicine Division, Boston Children’s Hospital, Nike Oregon Project, Reuters, The New York Times, Nike, Oregonian, Oregon Project, Sports, Doping Agency, New York Times, Florida State, ’ REDs, Health, New, National Trust, Atalanta NYC Locations: London, British, Tallahassee, , America,
The quarterly decline followed a 0.1% fall in the previous three-month period and highlights how the economy has been hobbled by high interest rates that have been raised to reduce inflation. A recession is officially defined as two straight quarters of economic decline. Being in recession is hardly the ideal backdrop for Prime Minister Rishi Sunak as he mulls when to call the election. Higher interest rates help cool the economy by making it more expensive to borrow, thereby bearing down on spending. Though interest rates appear to have peaked, the central bank has expressed caution about cutting interest rates too soon as lower borrowing rates may bolster spending and put renewed upward pressure on prices.
Persons: Rishi Sunak, Jeremy Hunt, , Hunt, Rachel Reeves, James Smith Organizations: Conservative Party, National Statistics, Labour Party . Treasury, Treasury, Labour, Conservatives, Bank of England Locations: Britain
Chinese stocks had an eventful week last week — with the benchmark Shanghai Composite Index hitting a five-year low of about 2,650 points on Feb. 5, before edging up to end the week at 2,865.90. A slide in Hong Kong-listed Chinese shares on Feb. 9, however, proved that investors may still have lingering concerns on the prospects of Chinese stocks in the new year. As the festive season gets underway, Redmond Wong, market strategist at investment firm Saxo, sees several opportunities to play the market. Boom in green transformation Beyond the traditional sectors, Saxo's Wong is watching an up-and-coming area in China: energy security and a green transformation. Data from the International Energy Agency shows that the Asian giant's clean-energy sectors contributed 11.4 trillion Chinese yuan ($1.6 trillion) to the Chinese economy in 2023, up 30% year-on-year.
Persons: Redmond Wong, Saxo, I'm, Wong, Saxo's Wong, Morningstar, Zijin Organizations: CNBC Pro, Monetary Fund, Technology, Shenzhen, Baidu, Sands, Tsingtao, Morningstar, Tsingtao Brewery, International Energy Agency, Companies, Zijin Mining Locations: Shanghai, Hong Kong, China, Zhejiang, Sands China, Macao, Shandong
None of the children aboard the bus were hurt, city spokesperson Emily Roy said. The incident began with reports of gunshots being exchanged between people in two vehicles, said city spokesperson Andrew Dickinson. The vehicles then moved toward the busy intersection where the crash with the school bus occurred, Dickinson said. A red Dodge Charger took off while the suspects from a second vehicle, an SUV, got out and ran. Marshals Service in Portland, Maine, confirmed it was on scene helping the Saco Police Department — part of a large police presence in downtown Saco.
Persons: Emily Roy, Andrew Dickinson, Dickinson, , ___ Perry Organizations: Schools, Local, ” Police, Dodge, U.S . Marshals Service, Saco Police, Thornton Academy, Locations: SACO , Maine, Saco , Maine, Portland , Maine, Saco, downtown, Maine, Meredith , New Hampshire
Read previewWho knows what kind of fate would have awaited Uber had Travis Kalanick decided not to relinquish his power in 2017. But instead of crashing, Uber has seemingly defied the odds thanks to Kalanick's successor, Dara Khosrowshahi. Net profit for the year hit $1.9 billion versus an enormous $9.1 billion loss in 2022, which had been inflated by revaluations of Uber's equity investments. Former Uber boss Travis Kalanick. But having been at the helm of online travel business company Expedia for 12 years before moving to Uber, Dara's success appears to come from his pedigree as an operator.
Persons: , Uber, Travis Kalanick, Dara Khosrowshahi, Khosrowshashi, Eric Piermont, Khosrowshahi, SoftBank, Didi Chuxing Organizations: Service, Business, AFP Dara's Locations: Silicon, San Francisco, China
Sexual function — which includes factors like desire, arousal and pleasure — in men and women decreased significantly after the start of the Covid-19 pandemic, according to a January 2022 meta-analysis of 21 studies published in the journal BMC Public Health. And women — even more so than men — struggled when it came to desire. Many people, particularly women, tend to experience what is called responsive arousal as opposed to spontaneous arousal, she said. And the data showed that men were more likely than women to seek professional help for the sexual problems they experienced, he said. “Unfortunately, I think we’ve sort of normalized sexual difficulties for women,” he added.
Persons: don’t, , “ I’ve, , Vanessa Marin, , Marin, Justin Lehmiller, Lehmiller, ” Marin, Deborah Fox, Fox, ” Lehmiller Organizations: CNN, BMC Public Health, Kinsey Institute, Indiana University, Fox Locations: Santa Barbara , California, Washington ,
How to Hunt the Sasquatch
  + stars: | 2024-02-06 | by ( Virginia Heffernan | ) www.nytimes.com   time to read: +1 min
THE SECRET HISTORY OF BIGFOOT: Field Notes on a North American Monster, by John O’ConnorWhy do Americans need Bigfoot? This question propels John O’Connor’s “Secret History of Bigfoot,” a farrago of participatory journalism, anthropological speculation, pop-culture parentheticals and broadsides against Donald Trump that often seems stuck together by sap and tar. Officially O’Connor was seeking Bigfoot — or at least the enduring wellspring of faith in Bigfoot, which struck him as just as elusive. Like a forty-niner cutting ties with the uptight Victorians, O’Connor sought instead “wild places” where men are men, go unmasked and hope for moral redemption by Sasquatch. A stay-at-home dad in Cambridge, Mass., he became, during lockdown, a literal stay-at-home dad.
Persons: John O’Connor, John O’Connor’s, Donald Trump, O’Connor, Covid, “ wokesters, irked, he’s, Locations: American, Antarctica, O’Connor, Cambridge, Washington, Boston
DUBLIN (Reuters) - Ireland's finance minister said on Monday the country's tax office would not force firms to pay interest on taxes deferred during the COVID-19 pandemic and allow extra time to repay the debt once they keep on top of current liabilities. The government introduced the tax warehousing scheme in May 2020 and firms that had deferred liabilities that arose during one of Europe's toughest lockdown regimes had already been given extra time until May 2024 to enter into repayment arrangements. The tax office said that 5,265 taxpayers were responsible for the bulk of the warehoused debt – 1.5 billion euros – and that almost 70% of the firms with deferred debts owe less than 5,000 euros each. Business insolvencies in Ireland rose 32% year on year in 2023, but were still below pre-pandemic levels. Accounting firm PwC, which compiled the figures, expects a similar rise in 2024 and a return to the 20-year average of annual closures.
Persons: Michael McGrath, McGrath, Padraic Halpin, David Evans Organizations: DUBLIN, Reuters, Ireland's, insolvencies Locations: Ireland
L'Oreal wants staff globally to work in the office on Fridays at least twice a month. The beauty company currently requires employees to work in the office three days a week. AdvertisementCosmetics giant L'Oreal has told employees to come to the office at least two Fridays a month to tackle diminishing attendance at the end of the week, The Times reported Sunday . L'Oreal employees are currently expected to be in the office three days a week. The company's CEO Nicolas Hieronimus recently reaffirmed the company's firm stance on in-person working while speaking at the World Economic Forum in Davos last month.
Persons: , Rinderknech, Nicolas Hieronimus Organizations: L'Oreal, Service, Times, Business, Economic, LinkedIn Locations: Davos
"We had about $45," Joe Coleman said. As a couple, they've taken on debt for a townhome, two houses, two boats, a tractor, three cars, and Mina Coleman's nursing degree. "We used the showers that they use in case of emergencies if somebody spilled chemicals in their eyes," Mina Coleman said. "You meet people that have more money than they know what to do with," Joe Coleman said. Advertisement"If we go down, we go down together," Mina Coleman said.
Persons: , Joe, Mina Coleman, Joe Coleman, Mina Coleman's, they've, Jared Soares, they're, optimistically Jared Soares, She's, they'll Organizations: Service, Business, Bulgaria —, BI Locations: Montauk , New York, Bulgaria, Fairfax County , Virginia, Washington, Coast, Caribbean, Pacific, Bulgarian
PinnedThe labor market is looking more like 2019 every month, and that’s not a bad place to be. The share of people quitting their jobs, which surged during the pandemic, is back to 2019 levels. A broad measure of wages, salaries and benefits known as the Employment Cost Index has been falling since early 2022. Employment growth has been narrowing, with sectors like education, health care and government, which vary less with economic cycles, powering most of the gains. Most of those displaced workers have shifted to positions where their skills are still needed, keeping joblessness in check — so far.
Persons: that’s, , , Satyam Panday Organizations: Labor Department, Bureau of Labor Statistics
Wisconsin’s top prison official wrote to the governor in 2015 with a dire warning: The state prisons were dangerously understaffed, imperiling both guards and inmates. Five years later, two men escaped from a maximum-security Wisconsin prison that once held Jeffrey Dahmer, fleeing early one morning when four of the facility’s five watchtowers were unmanned. Today, two of the state’s prisons have been in lockdown for months. Prison officials who initially blamed the restrictions on violent outbursts have since conceded that a shortage of guards has kept the lockdowns in place. By the time the crisis began, the state had known for years that it was losing guards faster than it could replace them, an examination by The New York Times and Wisconsin Watch has found.
Persons: Jeffrey Dahmer Organizations: Wisconsin, New York Times, Wisconsin Watch
AUGUSTA, Maine (AP) — An independent commission investigating events leading up to the deadliest mass shooting in Maine history is ready to hear the heart-wrenching stories from some of the family members of victims on Thursday. Seven family members were expected to publicly address the panel, putting a human face on their sorrow and suffering. The governor isn’t waiting for the commission to wrap up its work to begin making policy changes to prevent such tragedies in the future. The commission is chaired by Daniel Wathen, former chief justice of the Maine Supreme Judicial Court. Other members include former U.S. Attorney Paula Silsby and Debra Baeder, the former chief forensic psychologist for the state.
Persons: Kathleen Walker, Stacy Cyr, Jason Walker, Michael Deslauriers, Elizabeth Seal, Joshua, Megan Vozzella, Steve, Janet Mills, Aaron Frey, Robert Card, Card, isn’t, Daniel Wathen, Paula Silsby, Debra Baeder Organizations: Army, Democratic Gov, Army Reserve, U.S Locations: AUGUSTA, Maine, Lewiston, West Point , New York
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJailbreaking iPhones — essentially, hacking iOS to remove security features — is a talking point on social media again. Gergely Kalman, a security researcher, posted a photo of a "Security Research Device," or SRD, a jailbroken iPhone 14 Pro sent to him by Apple, on X (formerly known as Twitter). Apple pre-jailbreaks the devices, allowing third-party researchers to probe for vulnerabilities without worrying about being locked out. "Apple strongly cautions against installing any software that modifies iOS," the iPhone User Guide said.
Persons: , Gergely Kalman, Kalman, Apple Organizations: Service, Apple, Business, iOS, TechCrunch Locations: Spain
Read previewA longtime JPMorgan executive who has kept a low public profile while cultivating a reputation as a successful trader with a talent for managing risk is emerging as a contender to succeed Jamie Dimon as chief executive. His new position through the internal shuffle has vaulted him more publicly and prominently into the most closely watched succession race on Wall Street. JPMorgan executive David Hudson told the publication that he returned to JPMorgan after working at Nomura in 2010 "to work for Troy." Rohrbaugh's other stops at JPMorgan have been head of global markets and head of macro markets. A senior JPMorgan executive who works with Rohrbaugh recalled that time during the pandemic.
Persons: , Jamie Dimon, Dimon, Troy Rohrbaugh, Jennifer Piepszak, Wall, Marianne Lake, Rohrbaugh, Goldman Sachs, Euromoney, Eddie Wen, David Hudson, He's, Gary Gensler's, Goldman, Cantor Fitzgerald, Tim Soulas, Cantor, Johns Hopkins, you've, he'll, Kaja Whitehouse, Alex Morrell Organizations: Service, JPMorgan, Wall, Business, CIB, North America, Goldman, Nomura, Troy, Federal Reserve Bank of New, Global, Securities, Exchange, Banque Nationale, CooperNeff, Philadelphia Stock Exchange, World Trade Center, New York Daily News, Gilman School, Johns Hopkins University, Alpha Delta Phi, Baltimore Sun, Bloomberg Locations: Dimon, North, JPMorgan's, Canadian, Manhattan, Baltimore, Maryland, New York
Bloomberg has reported new details about what may have caused the Alaska Airlines door plug blowout. AdvertisementNew details have emerged regarding how the door plug on an Alaska Airlines Boeing 737 Max 9 blew off the jet mid-flight earlier this month. The investigation is focused on four bolts that hold the door plug in place. Boeing CEO says door plug installation will have inspections "at every turn"According to Boeing, 129 have been ungrounded as of midday on Wednesday. The agency has halted Boeing's 737 Max production expansion while it addresses quality control lapses.
Persons: Dave Calhoun, , Max, AeroSystems, Ingrid Barrentine, Justin Sullivan, Calhoun, We've, I've, Max fuselages Organizations: Bloomberg, Alaska Airlines, Boeing, Service, Alaska Airlines Boeing, Max, National Transportation Safety, Seattle Times, New York Times, US National Transportation, Business, NTSB, Federal Aviation Administration, BI, United Airlines, FAA Locations: Alaska, Renton , Washington, Renton, Wichita
Nicola Sturgeon told the United Kingdom's public inquiry into the pandemic that she didn't use informal messaging such as WhatsApp to make decisions. Although Scotland is part of the U.K., its government has powers over matters relating to public health. Sturgeon's standing has been further dented by the recent revelation that her WhatsApp messages had been deleted, which has led to questions about her trustworthiness or whether she has anything to hide. Last week, Sturgeon's successor as first minister, Humza Yousaf, offered an “unreserved” apology for the Scottish government’s “frankly poor” handling of requests for WhatsApp messages. Johnson agreed in late 2021 to hold a public inquiry after heavy pressure from bereaved families, who have hit out at the evidence emerging about his actions.
Persons: , policymaking, Nicola Sturgeon, , Sturgeon, Boris Johnson, hadn't, hasn't, WhatsApp, , Humza Yousaf, Heather Hallett, Johnson Organizations: United, Scotland, Scottish National Party, Scottish Locations: Scotland, Edinburgh, England, Wales, Northern Ireland
With the Year of the Dragon less than two weeks away, China's economy wobbled again on Monday. Fragile growthIn late 2022, China's Communist Party finally called time on its harsh zero-COVID measures — but the economy hasn't enjoyed the post-lockdown rebound many forecasters had predicted. DeflationFalling prices are another source of China's economic woes. AdvertisementNone of that speaks to a dedication to the free market — so China will likely keep struggling to attract more foreign investment in 2024. The sell-off reflects investor concern about the economy's overall health, as well as Chinese tech companies falling behind their US rivals in the development of AI.
Persons: wobbled, Linda Chan, Evergrande, Liquidators, hasn't, they'll, Li Qiang, John Kerry, Janet Yellen, Elon Musk, Xi Organizations: Hong, Business, China's Communist Party, World Bank, Tesla, Communist Party, Bain, Co, Big Tech, CSI Locations: Hong Kong, Evergrande, Beijing, China, Japan, Shanghai
An America Where Guns Do the Talking
  + stars: | 2024-01-30 | by ( Rachel Louise Snyder | ) www.nytimes.com   time to read: +2 min
ONE NATION UNDER GUNS: How Gun Culture Distorts Our History and Threatens Our Democracy, by Dominic ErdozainWHAT WE’VE BECOME: Living and Dying in a Country of Arms, by Jonathan M. MetzlLast year, a friend from Brunei visited me in the United States. She is American but was raised in Sudan and has lived in Cambodia and Scotland, among other places. We were talking about the rise in anxiety among teenagers in America when another friend texted me; her daughter had just arrived home from school, where she’d spent the afternoon in lockdown. Are mass shootings, record suicides and endless homicides the new norm even for those of us who aren’t interested in accumulating arsenals? deliveryman knocks on Erdozain’s door, he dives for cover like a “shot fox.” As with the lockdown at my friend’s daughter’s school, the threat abates, but the emotional tremors linger.
Persons: Dominic Erdozain, Jonathan M, Metzl, texted, she’d, “ They’re, Carol Anderson, Michael Waldman, Akhil Reed Amar, we’ve, You’re, deliveryman Locations: Brunei, United States, Sudan, Cambodia, Scotland, America
An investor reacts as she views the stock index at a securities company on May 30, 2007 in Shanghai, China. The CSRC added that the move would "resolutely" crack down on illegal activities that use securities lending to reduce holdings and cash out. The regulator also said it will limit the efficiency of some securities lending in the securities refinancing market from March 18. Last October, the CSRC restricted securities lending businesses and tightened scrutiny of improper regulatory arbitrage by imposing higher margin requirements. Both Shanghai and Shenzhen stock exchanges said they will suspend securities lending by strategic investors during lockup periods, effective from Jan. 29.
Persons: CSI300 Organizations: Analysts, China Securities Regulatory Commission Locations: Shanghai, China, Beijing, Shenzhen
New York CNN —People tend to hate going to a store and finding deodorant, toothpaste, shampoo, cosmetics and other everyday products locked up on shelves behind display cases. So some retailers are testing a way to let customers use their cell phones to open locked shelves. So stores are now testing a security tool that lets customers use their cell phone to unlock products on the shelf. Stores are now testing a security tool that lets customers use their cell phone to unlock products on the shelf. Earlier this month, Indyme’s website listed Kroger, Safeway, Lowe’s, Raley’s and other chains as retailers testing the security device.
Persons: , Joe Budano, Budano, “ We’ve, Raymond Burke, ” Burke, Organizations: New, New York CNN, Shoppers, Retailers, Indyme, Kroger, Safeway, Lowe’s, CNN, Indiana University, Locations: New York, St, Louis
Suddenly, residents, including Camille and Diego, found themselves seeking a safe place for themselves and their loved ones. Ecuadorean Police/Handout via ReutersHours after terror broke out in Guayaquil, President Daniel Noboa took an unprecedented step. Noboa, who had only been inaugurated two months earlier, declared an “internal armed conflict” in the country and ordered Ecuador’s armed forces to “neutralize” the members of more than 20 gangs, which he labeled as terror groups. Since then, Ecuador’s national police and armed forces have been carrying out raids of homes of those with suspected ties to terror groups. Experts warn that Ecuador’s terror groups are aligned with a wider criminal network, including the notorious Sinaloa Cartel out of Mexico, complicating Noboa’s attempts to “neutralize” criminal groups operating within his borders.
Persons: Ecuador CNN — Camille Gamarra, Diego Gallardo, Camille, Diego, , ’ ” Camille, ” Camille, – José Adolfo Macías, ” –, Jose Adolfo Macias, Daniel Noboa, they’ve, , Jaime Vela Erazo, Fito, Sean Walker, Noboa, CNN’s Christiane Amanpour, It’s, Carlos Jimenez, ” Jimenez, Jimenez, he’s, “ I’ve, I’ve, “ I’m, Noboa’s, Cesar Suarez Organizations: Ecuador CNN, Ecuadorean Police, Handout, Reuters, CNN, Joint Command, Ecuador’s Armed Forces, Colombian, RCN, Residents, TC Television Locations: Guayaquil, Ecuador, Peru, Colombia, United States, Europe, Sinaloa, Mexico, Aire, Golfo
My wife Christine and I started our business, Kinder Australia Pty Ltd (a supplier of mechanical conveyor parts), in 1985. AdvertisementI started DJing early in the pandemicWhen we all went into lockdown in 2020, I thought, "What's everyone going to do? When things opened up, we went to see a fair bit of live music. Then, I started to connect socially with some of the people who were doing live podcasts during the early pandemic. It went really well.
Persons: , Neil Kinder, Christine, Neil, Christine Kinder, Nightingale Bros, Beauy, Australia — Brown Brothers —, Sam Miranda, Christine Kinder It's, I've, Goodness Organizations: Service, Business, DJ, Kinder Australia, Facebook, Spotify Locations: Melbourne, Beaumaris, Australia
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