DIRS.INFO The most relevant business & tech news

For President Joe Biden, the 2024 campaign ended much as it began, in a room full of union members. Even Biden at times would double-check with senior aides about looming actions, asking, “Have we run this by the vice president?” according to a senior official. Advisers are working on what Biden’s final weeks, and hours, in office will look like. “They’ll pull me aside, one leader after another, quietly, and say, ‘Joe, he can’t win. Harris’ first stop on the campaign’s final day was in Scranton, where for the second consecutive day she didn’t once mention Trump’s name.

Persons: Joe Biden, Kamala Harris, Donald Trump, ” Biden’s, “, ” Biden, Joe, ”, Biden, Harris, Walz campaign’s “, Trump’s, ’ ”, Jill Biden, King of Prussia, rebutting, Trump, Donald Trump’s America, ” Jill Biden, Harris ’ Organizations: West, White, Air Force, Amtrak, Trump, Schools Locations: Washington, Scranton , Pennsylvania, Philadelphia, Scranton, Delaware, New Hampshire, Germany, Pennsylvania, King, North Carolina

☆ Netflix has a plan to keep you paying for your subscription
▼ + stars: | 2024-07-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

CNN —Football, wrestling and immersive experiences: This year, Netflix has expanded beyond its usual scripted and reality TV offerings. In May, Netflix disclosed that it has 40 million monthly active users on its new ad-supported subscription tier, a jump from 23 million in January. The deal kicks off this year with Netflix globally airing two NFL games on the holiday. But sports aren’t the only way Netflix is trying to expand its footprint. “It should help retain those customers and keep them in the Netflix ecosystem and paying for their subscriptions for longer,” he said.

Persons: Tim Nollen, ”, ” Nollen, Peacock, David Joyce Organizations: CNN — Football, Netflix, Disney, Warner Bros, Macquarie, NFL, WWE, Dallas Galleria, Seaport Locations: Philadelphia

☆ Netflix wants to be Disney when it grows up
▼ + stars: | 2024-06-24 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +6 min

The company will unveil its first Netflix House venues in 2025 at two US-based malls: King of Prussia and Galleria Dallas. "We've launched more than 50 experiences in 25 cities, and Netflix House represents the next generation of our distinctive offerings. At a 2019 conference, former Disney CEO Reed Hastings said that Netflix admired Disney. Advertisement"Think of Hollywood Studios," McCoy said, referring to the Walt Disney World theme park. Netflix House and then Netflix World?

Persons: —, of Prussia, We've, Marian Lee, Joe Burbank, Reed Hastings, playbook, Steinberg, Ericka McCoy, there's, King of Prussia, McCoy, Matt Voda, Voda, it's Organizations: Service, Netflix, Galleria Dallas, Business, Walt Disney Company, Walt Disney, Orlando Sentinel, Tribune, Getty, Disney, Zeta Global, . Orlando Sentinel, Sears, Hollywood Studios, Hollywood Studios . Orlando Sentinel, OptiMine Locations: California, Magic, Florida, Lycoming Mall, Pennsylvania

☆ Netflix is moving into malls
▼ + stars: | 2024-06-20 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Netflix has announced the locations for its first two "Netflix House" venues. The streaming service will use spaces in two malls formerly occupied by department stores. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNetflix is joining the ranks of pickleball courts as it tries to make use of all that empty space in America's malls. The streaming service said Tuesday that it's planning its first two "Netflix House" locations in shopping malls — one at the Galleria Dallas and another in the King of Prussia Mall outside Philadelphia.

Persons: —, King Organizations: Netflix, Service, Galleria Dallas, Business Locations: America's, Prussia Mall, Philadelphia

☆ Netflix houses: Experiential venues to open in King of Prussia and Dallas
▼ + stars: | 2024-06-18 | by ( Erika Tulfo | ) edition.cnn.com time to read: +3 min

The ‘experiential’ complexes, called Netflix Houses, will include elaborate events, themed gift shops and restaurants. In a repurposing of empty retail space, the houses will occupy former department store locations at Dallas Galleria and King of Prussia Mall (near Philadelphia). Shonda Rhimes, Golda Rosheuvel and cast members visit The Queen’s Ball: A Bridgerton Experience in New York on April 30, 2023. For years (the show launched in 2020) the “Queen’s Ball” has been staged in various cities two or three times daily. “Netflix House represents the next generation of our distinctive offerings,” said Netflix Chief Marketing Officer Marian Lee, in a statement.

Persons: of, ”, Neil Saunders, São Paulo, “, Saunders, Shonda Rhimes, Golda Rosheuvel, Ilya S, Netflix TikTok, Carrie Berk, influencers, Marian Lee, ” Berk Organizations: CNN, Netflix, Dallas Galleria, GlobalData, “ Disney, Netflix House Locations: of Prussia, Philadelphia, Kuala Lumpur, Malaysia, Toronto, Canada, Brazil, New York, Queen

☆ Red Lobster closings: These are the locations it wants to shut down
▼ + stars: | 2024-06-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +6 min

New York CNN —Red Lobster wants to close several dozen more restaurants following its bankruptcy, and it has identified which ones are in danger of shutting down if the court approves its plan. The chain, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, filed for bankruptcy last month. Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. Part of its plan is to close some locations of its nearly 600 restaurants in the meantime. A few weeks prior to its bankruptcy, it abruptly closed around 50 locations across the United States.

Persons: Fort Smith, Callaghan Lane, Fort, Elizabeth, Merritt, Port Richey, Dale Mabry, Ames, Charles Rock, Noland, Pike, Miller, Monroe, King of Prussia, Knox Abbott, Sam Rittenburg, Anderson Lane, Michael, Van Dorn, Murdock Organizations: New, New York CNN, Beulah, Bell, Oracle, Yuma Palms, Hospitality, College, Run, Fort Myers, Fort Walton, Biscayne, , Michigan City, Charles, Bartow, Pittsburgh, Lamar, Fairfax Locations: New York, America, United States, . Alabama, E, Tuscaloosa Arizona, Flagstaff, Peoria, Phoenix, Tucson, Yuma Arkansas, Shiloh, Fayetteville, Springs, Little Rock California, Citrus Heights, Calaveras, Milpitas, Ave, Monrovia, Pittsburg, Salinas, Hospitality Lane, San Bernardino, San Jose, Lane, Stockton, Vallejo Colorado, Colorado Springs, Fort Collins, Greeley, Pueblo Connecticut, North Haven Delaware, Talleyville Florida, Altamonte Springs, Clermont, North, Clearwater, Coral Springs, Fort Lauderdale, Cleveland, Fort, Fort Walton Beach, Hwy, Kissimmee, Worth, Lake Worth, Lakeland, Leesburg, Haven Ave, Melbourne, Merritt, St, Miami, North Miami, Orange, Alafaya, Orlando, Pensacola, Port, Petersburg, Tampa, The, West Palm Beach Georgia, Columbus, Jonesboro, Rome, Smyrna Illinois, Bourbonnais, Champaign Indiana, Kokomo, , Michigan, Richmond Iowa, Ames Kansas, Topeka Kentucky, Louisville, Paducah Maryland, Salisbury, Salisbury Michigan, Bay City, Waterford Minnesota, West, Bloomington, Golden Valley Mississippi, Tupelo Missouri, Charles Rock Rd, Bridgeton, Independence, Joplin New Jersey, Delran, Paramus New York, Bartow Ave ., Bronx, Copiague, Lakewood, Manhattan, Glen Street, Queensbury, Stony Brook North Carolina, Cary, Jacksonville Ohio, Dayton, Findlay, Maumee, S.E, , New Philadelphia, Parma, Strongsville, Monroe St, Toledo Pennsylvania, Chambersburg, DeKalb Pike, Pittsburgh South Carolina, Cayce, Charleston Tennessee, Chattanooga Texas, Austin, Padre, Corpus Christi, Duncanville, Frisco, Houston, Lubbock, Bedford, Richland Hills, San Antonio, San Marcos, Shenandoah, Texarkana, Wichita Falls Virginia, Alexandria, Blvd, Chesapeake, Fairfax, Spotsylvania, Fredericksburg, Richmond, Broad, Virginia Beach, Pkwy, Virginia Beach Washington, Lynwood, Randall Way, Silverdale West Virginia, Parkersburg

☆ Wayfair to open its first large store, as physical locations make a comeback
▼ + stars: | 2024-05-16 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +10 min

Wayfair follows other direct-to-consumer brands that have opened stores, including Warby Parker , Figs , Casper, Glossier and Everlane. In the early 2010s, new store openings largely outpaced closures, until the tide turned in 2017. Jeenah Moon | Bloomberg | Getty ImagesOther privately held direct-to-consumer brands have also expanded into retail stores, including bedding company Brooklinen, furniture store Burrow and apparel brands Everlane and Untuckit. High cost of entryIf direct-to-consumer brands could all open stores and suddenly boost sales and profitability, they'd all be doing it. Courtesy: WayfairSome direct-to-consumer brands have already been burned after they expanded too quickly and demand fell.

Persons: Niraj Shah, Wayfair, Warby Parker, Glossier, They're, Larry Cheng, It's, you'll, Liza Lefkowski, Shah, Coresight, John Mercer, Coresight's, Trina Spear, Spears, King, King of Prussia, Rebecca Fitts, Alvarez, Tolia, Allbirds, Al Drago Organizations: CNBC, Apple iOS, Companies, Walmart, Target, Joss, Discount, TJX, Bloomberg, Getty, Marsal, Washington , D.C Locations: Wilmette , Illinois, Chicago, Casper, Amazon, U.S, Coresight Research's, Burlington, Los Angeles, Philadelphia, King, King of Prussia , Pennsylvania, Georgetown, Washington ,

But — astead herndon You don’t really talk — you don’t really talk about that on the first date? I don’t know how to — I don’t know if that’s the best way to phrase it. I just — they’re not for me if they’re really, really intense about it. And it is really, really important to some people and less important to others. speaker 8 I’m — I’m — I’m more pro-choice, to be honest.

Persons: ashley I’m Ashley, radia I’m Radia, ashley, astead herndon, ashley Yes, radia, we’re, we’ve, hasn’t, Donald Trump, it’s Donald Trump, Joe Biden, ashley Um, BELL, herndon, Elisa Gutierrez, Ashley, Radia, King of Prussia, elisa gutierrez, elisa gutierrez Oh, elisa gutierrez We’re, Don’t, I’m Astead Herndon, Trump, there’s, you’re, — astead herndon, Biden, It’s, that’s, I’m, COVID, didn’t —, aren’t, I’m John, astead, wasn’t, karen, Karen, karen Um, don’t, they’re, — astead, —, Pew, jess grose, Jess Grose, ” astead herndon, anna martin I’m Anna Martin, Elisa, anna martin, Jess, you’ve, astead herndon We’re, Anna, Taylor Swift, anna martin That’s, anna martin You’re, I’ve, anna martin Totally, jess grose Homophily, astead herndon Homophily, astead herndon I’m, — jess grose That’s, it’s, you’ll, anna martin Absolutely, jess grose Yes, anna martin Oh, Wariness, astead herndon Anna, anna martin Good, jess grose Oh, Jessica Grose, Anna Martin, Tom Suozzi, Republican Mazi Pilip, astead herndon He’ll, George Santos, astead herndon Donald Trump, Lara Trump, Sean Hannity, lara, Donald J, Ronna McDaniel, biden, Jason Kelce, Travis Kelce, Mama Kelce Organizations: The New York Times, Biden, Trump, Pew, “ Times, Democratic, Republican Party, Republican, The Boston Globe, Nassau, Nassau County Republican, Republican National Committee, RNC, South, GOP Locations: King, Philadelphia, herndon, astead herndon, It’s, United States, —, Boston, New, Nassau County, Israel

☆ I'm a 'zillennial' who left the city. I don't like living in the suburbs as a young person, but I plan to stay.
▼ + stars: | 2024-02-08 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with Kelsey Lam, a 27-year-old who left Philadelphia to live in the suburbs in 2021. I've lived in the suburbs for three years and would say they don't really cater to my age group. AdvertisementEven going for coffee in the suburbs and in the city are completely different experiences. In the suburbs, I'm getting coffee from chains and the coffee just doesn't feel as unique. AdvertisementIn 2019, I was living in a 550-square-foot studio apartment in the city for around $1,165 a month.

Persons: —, Kelsey Lam, I've, King of Prussia, Kelsey, I'd, Lam, Covid Organizations: Service, Business, Facebook Locations: Philadelphia, Malvern , Pennsylvania, Malvern, Plymouth, Cities, Kelsey Lam, French, Chinatown, King

☆ Only 12 theaters in the world are showing Christopher Nolan's re-release of 'Tenet' in Imax 70mm — here they all are
▼ + stars: | 2024-01-25 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +2 min

It will be shown in standard and Imax formats, as well as in 70mm Imax. Only a select few theaters in the world can show a movie in 70mm Imax. Here are all the theaters showing the re-release. Only a select number of theaters in the world can show movies in Imax 70mm. Here are the 12 theaters where you can see the re-release of "Tenet" in Imax 70mm.

Persons: Christopher Nolan's, Tenet, —, Christopher, Nolan, Oppenheimer, Francisco Regal, Prussia, of Prussia Organizations: Service, Warner Bros, Arizona Harkins, Tempe California AMC, Francisco Regal Irvine, Universal, AMC, Universal City Indiana Imax Theatre, Indiana State Museum, York AMC Lincoln, UA, of Prussia Tennessee Regal Opry Mills, Melbourne Museum — Melbourne, Cineplex Cinemas Vaughan, British Film Institute Locations: Arizona, Arizona Harkins Arizona, Tempe California, Francisco, Irvine, Indianapolis, York City, Woodbridge, Ontario

☆ Nordstrom sales come up short, echoing broader retail industry pressures
▼ + stars: | 2023-11-21 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +1 min

Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Nordstrom on Tuesday said sales slid by nearly 7% year over year, echoing other retailers' comments about weaker demand and budget-pressured consumers. Yet the department store operator reiterated its full-year sales outlook, saying it expects revenue to decline by between 4% and 6% versus a year ago, including retail sales and credit card revenues. Nordstrom is looking for growth after three straight years of sales that have been at or below pre-pandemic levels. As part of that push, the retailer has opened more of its off-price stores, Nordstrom Rack, and revamped merchandise in those stores to emphasize best-selling brands.

Persons: King, King of Prussia, Nordstrom Organizations: Nordstrom, LSEG Locations: Prussia, King, King of Prussia , Pennsylvania, Canada

☆ You can now use AI in Google to help with your holiday shopping. Here's how
▼ + stars: | 2023-11-16 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Google announced Thursday new artificial intelligence tools that can help you with holiday shopping. So, if you're shopping for a 4-year-old nephew this year, it can help you find ideas on what he might like with a command like "gifts for a 4-year-old who likes science." It's the first time that generative artificial intelligence is available in Google Shopping, and comes ahead of the holiday season which might attract people to use the site over other options. People can opt into the new options by going into Search Labs and turning on Search Generative Experiences (SGE.) So, if you wanted to search for a "puffy, colorful metallic-looking jacket" it might return results like the picture below:

Persons: King, King of Prussia Organizations: Google, National Retail Federation, Search Labs Locations: Prussia, King, King of Prussia , Pennsylvania

LSEG Workspace, a financial news and data platform, calculated inventory turnover ratios of 30 major U.S. retailers for Reuters. "I am relatively pessimistic about the holiday season," said Gerald Storch, retail consultant and former Target vice chairman and ex-CEO of Hudson's Bay. Department stores' holiday season is "likely not going to be that strong," said David Swartz, a Morningstar analyst. Reuters Graphics Reuters GraphicsTo be sure, inventory turnover is not the only metric Wall Street investors use to judge retailers' inventory levels. Some are already slashing prices and dangling discounts to clear excess inventory before Black Friday, the start of holiday shopping season.

Persons: King, King of Prussia, Sarah Silbiger, Gerald Storch, Jeff Bornino, David Swartz, Ulta, pare, Jason Benowitz, Joseph Feldman, Jane Hali, Nordstrom, Brian Mulberry, Savyata Mishra, Ananya Mariam Rajesh, Richa Naidu, Siddharth Cavale, Aishwarya Venugopal, Rod Nickel Organizations: REUTERS, Dollar, Walmart, Reuters, North America, Kroger, Department, Morningstar, TJX Companies, Dick's Sporting, Reuters Graphics Reuters, Roosevelt, Telsey Advisory, Research, Associates, Nordstrom, Zacks Investment Management, Thomson Locations: King of, King, King of Prussia , Pennsylvania, U.S, Hudson's, North

☆ $1 Million Homes in Delaware, Idaho and North Carolina
▼ + stars: | 2023-11-01 | by ( Angela Serratore | ) www.nytimes.com time to read: +1 min

| $995,000An 1824 Federal townhouse with four bedrooms and three and a half bathrooms, on a 0.1-acre lotThis brick rowhouse is near the waterfront, with views of the Delaware River from the deck and backyard. Nearby Delaware Street is lined with stores and restaurants, including an ice cream shop and a tavern in a circa 1724 building. The University of Delaware is about half an hour away, in Newark. To the left is a formal living room with a fireplace that has a King of Prussia marble mantel. Through a wide doorway is a dining room with another fireplace, a brass chandelier and windows with painted wood shutters.

Persons: Bull Hill, King Organizations: First, Historical, New, Battery, University of Delaware Locations: Del, Delaware, Bull, Wilmington, Newark, Philadelphia, Prussia

☆ Chipotle plans price increases after pausing hikes this year
▼ + stars: | 2023-10-11 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. The company did not share how much menu prices will rise as a result of the decision. The burrito chain started hiking its menu prices in June 2021, citing the cost of rising wages for its employees. But Chipotle paused its price hikes as some customers pulled back on restaurant spending and ingredient costs stabilized. Three months later, Niccol said Chipotle would reconsider its pricing as the company's fourth quarter drew closer.

Persons: King, King of Prussia, Laurie Schalow, Chipotle, Brian Niccol, Niccol Organizations: Corporate, CNBC, of Labor Statistics Locations: Prussia, King, King of Prussia , Pennsylvania

☆ Instant View: US retail sales, produces prices rise; jobless claims lower than forecast
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +5 min

U.S. retail sales also climbed 0.6% last month, against estimates of a 0.2% rise, while initial jobless claims for the latest week fell to 220.000. "We've been waiting to see exactly which of these inflation data trends would kind of knock the market off its axis. "It's likely that while the Federal Reserve won't love the August inflation data, it also is soft enough that they likely won't react to it either. ROBERT PAVLIK, SENIOR PORTFOLIO MANAGER, DAKOTA WEALTH, CONNECTICUT"Most of the rise in prices is coming from energy. "I still believe we have seen the last of the rate hikes, but there is a possibility small that November still has the potential to bring another rate hike.

Persons: Robert Graham, King, King of Prussia, Mark Makela, SAMEER SAMANA, WELLS, We've, haven't, GREG BASSUK, PETER ANDERSEN, ANDERSEN, ROBERT PAVLIK, BRIAN JACOBSEN, MENOMONEE Organizations: REUTERS, Federal Reserve, Reuters, CHARLOTTE, Federal, Global Finance, Markets, Thomson Locations: Prussia, United States, King, King of Prussia , Pennsylvania, U.S, WELLS FARGO, NORTH CAROLINA, BOSTON, DAKOTA, CONNECTICUT, WISCONSIN

☆ Morning Bid: Banking news unnerves ahead of US CPI
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Mark Makela/File PhotoA look at the day ahead in European and global markets from Brigid RileyMarkets have a full plate on Wednesday, taking in China's disappointing inflation data while awaiting tomorrow's U.S. CPI report, and processing a surprise banking windfall tax announcement from Italy. The banking sector in Europe is still reeling after Italy unexpectedly approved a 40% windfall tax, although authorities added in a statement on Tuesday that the new tax could not breach 0.1% of a lender's total assets. European markets will be on guard for similar moves in other countries. Eyes are turning to the fast-approaching U.S. inflation report after mostly dovish comments from several Fed officials this week. Dutch supermarket chain Ahold Delhaize (AD.AS) and Germany-based E.ON (EONGn.DE), Europe's largest energy company, also announce earnings.

Persons: King of Prussia, Mark Makela, Brigid Riley, there's, Ahold, Edmund Klamann Organizations: King of Prussia , Pennsylvania U.S, REUTERS, Brigid Riley Markets, U.S, CPI, Walt Disney Co, E.ON, Reuters Graphics Reuters, Illumina, Walt Disney, Thomson Locations: King, King of Prussia , Pennsylvania, Brigid, Italy, Europe, Asia, China, Germany

☆ Lidl closes 11 stores as it struggles in the US. See the full list.
▼ + stars: | 2023-07-19 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

German grocer Lidl opened its first US stores in 2017. It closed 11 underperforming stores this week, according to various news reports. Lidl, whose US headquarters are in Virginia, closed 11 stores recently in North Carolina, Virginia, New Jersey, South Carolina, Maryland, and Pennsylvania, the Daily Mail first reported. Lidl has roughly 170 stores in the US and over 12,000 stores worldwide. According to Grocery Business, here are the locations of the 11 recently closed Lidl locations.

Persons: Lidl, Chandler Spivey, Spivey, Sebastian Rennack, Rennack, Cary, Randolph St, King of Prussia, Florence Virginia, Richmond Organizations: Service, Aldi, Daily Mail, D.C, Grocery, Grocery Business, Brooklyn Park, King of Prussia South Locations: Virginia, Wall, Silicon, North Carolina , Virginia , New Jersey, South Carolina , Maryland, Pennsylvania, East, North Carolina, Washington, Lorton , Virginia, Germany, Europe, American, Maryland, Oxon, Brooklyn, Brooklyn Park New Jersey, Howell, Holly, Burlington Township North Carolina, Thomasville Pennsylvania, Dekalb Pike, King of Prussia South Carolina, North Augusta, Palmetto St, Charlottesville, Broad St

[1/2] Shoppers walk with Steve Madden bags as pre-Thanksgiving and Christmas holiday shopping accelerates at the King of Prussia Mall in King of Prussia, Pennsylvania, U.S. November 22, 2019. The Steve Madden sneakers feature an "S" design that is likely to mislead consumers into thinking Skechers made or endorsed them, the lawsuit said. Representatives for Steve Madden did not immediately respond to a request for comment Wednesday. Manhattan Beach, California-based Skechers asked the court to order Steve Madden to stop the alleged misuse of its trademarks and requested an unspecified amount of money damages. Skechers also sued Long Island City, New York-based Steve Madden in 2015 for allegedly infringing several design patents covering aspects of its sneakers.

Persons: Steve Madden, King, King of Prussia, Mark Makela, Skechers, Steve Madden's, Berkshire, Hermes, Steven Madden, Daniel Petrocelli, Jeffrey Barker, O'Melveny, Myers, Brooks, Hermès, Blake Brittain Organizations: REUTERS, Manhattan, Nike, Adidas, Berkshire Hathaway, Brooks Sports, Inc, Steven Madden Ltd, Central, Central District of, Thomson Locations: Prussia, King, King of Prussia , Pennsylvania, U.S, Los Angeles, Manhattan Beach , California, Long Island City , New York, Central District, Central District of California, NY, Washington

☆ I work from home with my cat in my lap and once stayed off-camera in a video call so I could do a face mask. I don't feel I'm missing out on office life as a remote worker.
▼ + stars: | 2023-04-30 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

Sometimes I'll work for longer if I feel like it, but as long as I fulfill that self-set requirement, I'm satisfied. Also, I get to work with my cat in my lap or right next to me all day, which helps with my well-being. To keep my boundaries, I set timersIf I'm logging off at 5:30 p.m., I'll set an alarm for 5:15 p.m. to let me know it's time to start winding down. I'm lucky that my company offers many virtual and in-person team-building events, so I have the option to see people face-to-face. I like going to these events because they're fun, but most importantly because they're planned ahead of time.

We're buying 350 shares of Foot Locker (FL), at roughly $40.43 apiece. Following Monday's trade, Jim Cramer's Charitable Trust will own 700 shares of FL, increasing its weighting in the portfolio to 1.06% from 0.53%. There hasn't been a lot of news around Foot Locker dating back to our initial buy in March , with the exception of one key data point. In late March, CEO Mary Dillon disclosed she purchased roughly $500,000 worth of Foot Locker stock , at $39.74 a share — bolstering our confidence in the company's turnaround strategy. Dillon joined Foot Locker last year after a very successful run as CEO of Ulta Beauty (ULTA).

☆ I Work Remotely and I Don't Miss Office Life. I'm Never Going Back.
▼ + stars: | 2023-04-17 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

As someone just starting my career, I couldn't afford to relocate for a job; I either had to find something locally or warm up to the idea of virtual work. Sometimes I'll work for longer if I feel like it, but as long as I fulfill that self-set requirement, I'm satisfied. To keep my boundaries, I set timersIf I'm logging off at 5:30 p.m., I'll set an alarm for 5:15 p.m. to let me know it's time to start winding down. Then they feel mentally unprepared, uncomfortable in their outfit choice, or torn between exercising after work, making a homemade meal that night, or going to a work event. I'm lucky that my company offers many virtual and in-person team-building events, so the option is there if I want to see people face-to-face.

☆ Retailers see a tough year ahead, so they're rolling out the recession playbook
▼ + stars: | 2023-03-16 | by ( Melissa Repko | ) www.cnbc.com time to read: +8 min

Now, major retailers are dusting off their playbook for a recession — or at least for a period of slower sales. Target shoppers can soon get a Starbucks coffee, make a return and retrieve an online purchases without leaving their cars. Some retailers are rethinking their approach to discounts while questioning other costs, such as giving away free shipping or deliveries without strings attached. Some retailers have also turned free shipping into a perk for only engaged or higher spending customers. Nike , for instance, offers free shipping for shoppers – if they share their personal data by joining its membership program.

☆ Morning Bid: Elusive peaks
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +4 min

Unlike much of last year, the rates market is now inclined to believe the central bank on the direction of travel. And implied year-end rates are as high as 5.12% - almost half a point higher than where the current rate sits. Two-year Treasury yields hit a three-month high at 4.72% on Friday, with 10-year yields at 3-month peaks too - homing in on 4% for the first time since November. So as impressive as this week's stock market resilience had been to the new inflation and rates environment, it appears to be buckling again already. Key developments that may provide direction to U.S. markets later on Friday:* U.S. Jan import and export prices, leading indicator.

☆ Nordstrom stock surges after report says activist investor Ryan Cohen bought a stake
▼ + stars: | 2023-02-03 | by ( Mike Calia | ) www.cnbc.com time to read: +2 min

Shares of Nordstrom surged Friday morning following news that activist investor and meme stock maven Ryan Cohen bought a stake in the high-end department store company. The Journal said Cohen is now one of Nordstrom's top five nonfamily shareholders. Cohen, who founded pet retail and health site Chewy , is considered a champion of the meme stock crowd. He also triggered a brief rally in Bed Bath & Beyond last year before he ultimately dumped out of the stock. Bed Bath is expected to file for bankruptcy protection any day now.

Search resuls for: "King of Prussia"

25 mentions found