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3 mentions found


How Best Buy is beating shoplifting
  + stars: | 2023-11-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +3 min
But Best Buy says it has shoplifting under control. Best Buy has some inherent advantages over, say, CVS because heavy flat-screen TVs are harder to steal than razor blades. Not too many things in criminology are better understood than that.”Higher levels of staffing in stores have made a difference in Best Buy’s success against shoplifting, CEO Barry said. Best Buy has security staff at the front of stores to monitor customers entering and exiting and does not have many self-checkout machines. We don’t really have self-checkout.”Lowe’s has also attributed its low theft rates to higher staffing levels in stores.
Persons: Corie Barry, , ” Barry, John Eck, ” Eck, you’re, Barry, Lowe’s, , Marvin Ellison Organizations: New, New York CNN, National Retail Federation, Retailers, Staff, University of Cincinatti Locations: New York
Morning Bid: ECB to follow Fed hike, Meta surges
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: +5 min
Fed Chair Jerome Powell remained equivocal about whether there was one more policy rate rise left this year and said Fed staff were no longer forecasting a recession - but futures markets continue to see a less than 50% chance of another move. Global stocks (.MIWD00000PUS) hit their highest since April last year on Thursday, with European stocks up more than 1% ahead of the ECB decision. The euro pushed higher against a softer dollar ahead of the announcement and press conference from ECB chief Christine Lagarde. The yen also firmed as the Bank of Japan is expected to keep its easy policy unchanged on Friday. The euro zone's biggest bank BNP Paribas (BNPP.PA), by contrast, beat Q2 estimates and the stock jumped 4%.
Persons: Mike Dolan, Meta, Jerome Powell, Dow Jones, Christine Lagarde, Willis Towers Watson, Giorgia Meloni, Joe Biden, Toby Chopra Organizations: Federal Reserve, European Central Bank, Fed, Treasury, Boeing, Dow, Wall, ECB, Bank of, Shell, Barclays, BNP, Central Bank, Intel, Ford, Boston Scientific, Myers Squibb, Honeywell, Xcel, Eastman Chemical, Pentair, Mastercard, P Global, Hershey, Digital Realty, Northrop Grumman, Weyerhaeuser, Cincinatti, Verisign, Comcast, Southwest Airlines, HCA, . Federal Reserve Board, Washington Reuters Graphics Reuters, Reuters, Exxon, Chevron, Thomson Locations: U.S, Bank of Japan, Asia, Hong Kong, China, Abbvie, Bristol, Edison, Kansas, Basel III, Washington
VC Mark Kvamme is raising $500 million for something akin to a sovereign wealth fund for Ohio. Dubbed The Ohio Fund, the investment company will be funded by Ohio institutions and individuals. The Ohio Fund will need to hire investors who founders want to work with. Mark Kwamme, partner emeritus at Drive Capital, is raising a statewide fund in his home state, Ohio. If The Ohio Fund reaches its fundraising goals, Kvamme, according to the presentation, plans to serve as president and chief investment officer.
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