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Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect. “We never want to raise prices,” he said in an interview with CNBC on Tuesday. Beauty CEO Tarang Amin told CNBC in an interview earlier this month that the company could be forced to raise prices if the higher duties take effect. The majority of goods Walmart sells are not at risk of tariffs. The home improvement retailer addressed the potential levies as it reported earnings on Tuesday.
Persons: John David Rainey, Donald Trump’s, , , ” Rainey, Wall, Matthew Shay, Tarang Amin, Steve Madden, Rainey, We’ve, Lowe’s, it’s, Brandon Sink, — CNBC’s Gabrielle Fonrouge Organizations: CNBC, National Retail Federation, Walmart Locations: China, U.S
U.S. President Joe Biden meets with China's President Xi Jinping on the sidelines of the APEC Summit in Lima, Peru, on Nov. 16, 2024. Biden was expected to urge Xi to dissuade North Korea from further deepening its support for Russia's war on Ukraine. In front of the cameras Saturday, Xi spoke to Biden — but it was unmistakable that his message was directed at Trump. After he was greeted by Xi, Biden ignored shouted questions from reporters on his concerns about the incoming Trump administration as well as North Korea. Biden is looking for Xi to step up Chinese engagement to prevent an already dangerous moment with North Korea from further escalating.
Persons: Joe Biden, Xi Jinping, Donald Trump, Xi, Biden, haven't, We've, Trump, Warby Parker, Steve Madden, Kamala Harris, Jake Sullivan, Yoon Seok Yul, Shigeru Ishiba, Kim Jong, Pyongyang's, Kim Organizations: APEC, U.S, Economic Cooperation, U.S ., China -, Conference Center, Nike, Trump, White House, FBI, Ukraine, South, North, The North Locations: Lima , Peru, Beijing, U.S, Asia, China, North Korea, Ukraine, Lima's, Northern California, Russia, Taiwan, Moscow, United States, Russia's Kursk, Pyongyang, The, The North Koreans, Japan, South Korea, Xi, Peru
“Absolutely everyone is calling,” Collinson told CNBC. “Firms are prepared,” SUNY Buffalo finance professor Veljko Fotak, one of the authors of the 2021 study, told CNBC. “The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail. On Thursday, Steve Madden pledged to reduce its Chinese imports by 45% over the next year in anticipation of Trump’s tariff plans. There’s got to be some way to help companies like that,” Sorini of Sorini, Samet & Associates told CNBC.
Persons: Donald Trump, Nicole Bivens Collinson’s, Collinson, Sandler, Travis, Rosenberg, ” Collinson, Trump, ” David French, , ” Ron Sorini, ” Sorini, Veljko Fotak, ” Tiffany Smith, Karoline Leavitt, ” Leavitt, Steve Madden, There’s, Organizations: CNBC, Wall Street, National Retail Federation, Samet, Associates, Republican Party, White, SUNY Buffalo, National Foreign Trade Council, Trump Locations: China, America
It previously expected total sales to rise by between 2.5% and 3.5% for the year. Home Depot customers have continued to put off projects, even though they're in good financial shape, he said. It marked the eighth consecutive quarter of negative comparable sales at Home Depot, though the smallest drop since the string of declines began. Sales related to Hurricanes Helene and Milton contributed about one half a percentage point of sales growth to the quarter. Even as Home Depot reports modest growth, some investors have bet the company will see stronger sales in the near future.
Persons: Richard McPhail, They're, McPhail, Hurricanes Helene, Milton, Donald Trump, We've, Steve Madden, Skelly Organizations: CNBC, LSEG, Revenue, Home, Shoppers, Weather, Home Depot, Hurricanes, Federal Reserve, Depot Locations: Mexico City, Mexico, U.S, Texas, China, North America, Santa Claus
Economists say his tariff proposals could spike inflation as companies tend to pass costs on to consumers. Some companies have already said Trump's proposals would force them to increase prices. AdvertisementSome executives have warned that price hikes are on the way if President-elect Donald Trump's tariff plans go into effect. Executives have told analysts on earnings calls that it would be difficult to maintain current prices under Trump's broad tariffs. AdvertisementBelow are the companies that are warning of price increases if Trump's tariff proposals are implemented.
Persons: Donald Trump, , Donald Trump's, Trump, Tarang Amin, Amin, AutoZone Philip Daniele, Daniele, Tim Boyle, Boyle, Stanley Black, Decker Donald Allan, Decker, Allan, Steve Madden, Edward Rosenfeld Organizations: Service, Federal Reserve, Columbia, Washington Post, Trump Locations: China, Columbia, Mexico
He let his coaches coach.”“It was all coaching,” Robinson told The Athletic in 2020. He became the Ducks’ offensive coordinator in 1960, after graduating, before taking the same job at USC under legendary USC coach John McKay in 1972. When McKay left USC to coach the NFL expansion team Tampa Bay Buccaneers in 1976, Robinson succeeded him. Advertisement“That was a great team,” Hall of Fame safety Ronnie Lott told The Athletic in 2020. “Coach Robinson would say we could go play the Rams any day and we’ll kick their butt.
Persons: John Robinson, Robinson, John Madden’s, , , Paul McDonald, ” John Robinson, tPvQVFBcIO —, Anthony Munoz, Ronnie Lott, Marcus Allen, Bruce Matthews, Dennis Smith, Joey Browner, Chip Banks, Don Mosebar, Roy Foster, Hoby Brenner, Charles White, Keith Van Horne, Jeff Fisher, Riki Ellison, Ed Reed, Andre Johnson, Clinton Portis, Allen, White, “ John Robinson, Van Horne, , ” Robinson, Hudson Houck, we’re, ” Norv Turner, John McKay, McKay, they’d, would’ve, Sean McVay, “ He’s, McDonald, Richard Mackson Organizations: NFL, USC, tPvQVFBcIO — USC Football, Alabama, resoundingly, Pro Football Hall of Famers, Trojans, NFL Pro, Chicago Bears, San Francisco 49ers, Miami Hurricanes, Athletic, LA Rams, Rose Bowl, Ducks, Madden’s Oakland Raiders, Tampa Bay Buccaneers, Rose, Stanford, , of Fame, , Rams, NFC, UNLV, Rebels, LSU, Tigers, Getty Locations: Daly City, Calif, Baton Rouge , Louisiana, Birmingham, Oregon, Baton Rouge, La
Insider Today: Preparing for Trump 2.0
  + stars: | 2024-11-10 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Preparing for 47Donald Trump, now the 2024 president-elect, never really stopped running for office after losing the 2020 election. Treasury yields also finished the week higher, as investors bet that a Trump White House will drive inflation. Also read:Risky businessGetty Images; iStock; Natalie Ammari/BIThere's no such thing as free lunch — or in one investor's case, free dinner. The great American shoplifting spreeGetty Images; Jenny Chang-Rodriguez/BIRegular Americans are shoplifting everything from tape measures to blocks of cheese.
Persons: , Andrew Yeung, that's, Donald Trump's, Donald Trump, Evan Vucci, Stocks, Bitcoin, Tesla, Steve Madden, Trump's, Goldman's, David Solomon Jeenah Moon, Goldman Sachs, David Solomon, It's, Andy Jassy, Carter Smith, Chelsea Jia Feng, Jassy, Natalie Ammari, Jenny Chang, Rodriguez, Trump, — Goldman Sachs Organizations: Business, Service, Google, AP, Trump White House, Airbus, Bloomberg, Getty, Getty Images, Amazon, BI Locations: Silicon Valley, China
One US company, just two days after Trump’s reelection, says it isn’t wasting time getting out of China. Steve Madden, a $3 billion shoe company, announced Thursday that it would rapidly halve its Chinese production to avoid Trump’s tariffs. But here’s the catch: Steve Madden isn’t moving its production to the United States. ‘There for a reason’The retail industry has been crying foul over Trump’s tariffs for quite some time – apparel and shoe companies in particular. Trump’s tariffs could cost the typical middle-income US household more than $2,600 per year, according to research from Peterson Institute for International Economics.
Persons: Donald Trump, Steve Madden, Steve Madden’s, Edward Rosenfeld, , ” Rosenfeld, Rosenfeld, Trump, Joe Biden, Madden, Laura Champine, ” Champine, it’s, Douglas Holtz, Eakin, Steven Mnuchin, Donald Trump’s, CNN’s Jake Tapper, ” Mnuchin, Mnuchin Organizations: CNN, Trump, Wall Street, National Retail Federation, Companies, Wall, American, Peterson Institute for International Economics Locations: United States, China, USA, Cambodia, Vietnam, Mexico, Brazil, America
Over the past few years, he said, it's looked for factories in other countries, including Cambodia, Vietnam, Mexico and Brazil. Rosenfeld said about two-thirds of Steve Madden's business are U.S. imports. Of that, he said, "we currently source a little bit more than 70% of those goods from China." That means slightly less than half of its business would be at risk of tariffs on Chinese imports, he said. He said the company has moved more of its production outside of China since tariffs began under Trump's first administration.
Persons: Steve Madden, Donald Trump, Edward Rosenfeld, it's, " Rosenfeld, Steve Madden's, Trump, Tarang Amin, Trump's, Kate Spade, Scott Roe, we've, Gabrielle Fonrouge Organizations: Retail Locations: China, Cambodia, Vietnam, Mexico, Brazil
Harris makes final push to close gap with male voters
  + stars: | 2024-10-27 | by ( Aaron Pellish | ) edition.cnn.com   time to read: +5 min
The ads are part of an effort to energize male voters as Harris seeks to narrow the gender gap in support for her and for former President Donald Trump. A CNN national poll of likely voters released on Friday found Trump has the support of 51% of men compared with Harris’ 45% support among male voters. Tim Walz, are continuing their outreach to male voters with campaign events, interviews and digital media content. Do I look like a country club kind of guy?”The Trump campaign has also made a point of courting male voters. Harris campaign spokesperson Ian Sams said in an MSNBC interview on Thursday that the Harris campaign has been in touch with Rogan but an interview has not been scheduled.
Persons: Kamala Harris, Trump, Harris, Donald Trump, Tim Walz, Walz, Alexandria Ocasio, Cortez, Shannon Sharpe’s, Stephen Jackson, Matt Barnes, Doc Rivers, , Milwaukee, Donald, We’re, Philly, Chris, “ Donald Trump, , Joe Rogan, Ian Sams, Rogan, Michelle Obama Organizations: CNN, Pittsburgh Steelers, Minnesota Gov, Madden NFL, New York Rep, NFL, NBA, Harvard, Trump, Milwaukee Bucks, Republican National Convention, Pittsburgh Locations: Milwaukee , Philadelphia, Pittsburgh, Alexandria, Philadelphia, Pennsylvania, Milwaukee, Michigan, Kalamazoo , Michigan
Brainstorming great gift ideas for men in your life, whether it’s your husband, boyfriend, dad or brother, goes a long way in making their holiday memorable. To find the best gift ideas for men, I gathered a long list of products and even got recommendations from my fellow NBC Select editors and writer, who tests hundreds of products every year. SKIP AHEAD The best tech gifts for him | The best food and home gifts for him | The best fitness and wellness gifts for him | The best apparel and accessories gifts for him | Why trust NBC Select? The Amazon Echo Dot is a great gift idea for someone who wants to have a “smart home” but doesnt know quite where to start. The Theragun Mini Massage Gun is a great gift idea for someone who regularly works out and wants to improve their recovery time.
Persons: Apple, Marshall, Jordan Bowman, Bowman, , they’ve, Bianca Alvarez, she’s, , gifting, Alvarez, It’s, Lauren Swanson, They’re, Zoe Malin, Swanson, Harry Rabinowitz, Rabinowitz, Surie, Rosalie Sparaco, I’ve, Le Labo, Abercrombie &, Buck Mason, Steve Madden, TikTok Organizations: NBC, Apple, Apple Watch, Amazon, Bluetooth, Bose, Anker Power Bank, Press, Chicago Marathon, Clifton, Garmin, Adidas, Abercrombie, Abercrombie & Fitch, TSA, Facebook, Twitter Locations: New York City, stow, Lululemon, Patagonia
We saw legends in their sport add to their gold-medal counts, thrilling finishes on the track and much more. Track and FieldRacing in her first Olympics after being ruled ineligible for the Tokyo Games, USA’s Sha'Carri Richardson won silver in the women’s 100-meter finals Saturday. Richardson won gold in the same event at the World Athletic Championships in Budapest last year. And on the field, American Ryan Crouser won his third straight gold medal in the men’s shot put. He hurt the ulnar nerve in his throwing elbow before tearing his pectoral muscle leading up to the Olympics.
Persons: USA’s Sha'Carri Richardson, Lucia’s Julien Alfred, Melissa Jefferson, Jamaica’s Shelly, Ann Fraser, Price, didn’t, Richardson, Femke Bol, Bol, Ryan Crouser, John Kovacs, Rajindra Campbell, Crouser, , Denis, Ben Stansall, Simone Biles, It’s, ” It’s, she’ll, , ” Biles, USA's Jade Carey, Carey, “ We’ve, ” Carey, Stephen Nedorosick, Guy, Clark Kent, Glen Powell, Nedoroscik, ” Nedoroscik, Katie Ledecky, Ledecky, Titmus, Paige Madden, Alex Walsh, Walsh, Canadian Summer McIntosh, Kate Douglass, Australia’s Kaylee McKeown, ” Douglass, Trinity Rodman, Crystal Dunn, ” Rodman, Emma Hayes, What’s, Noah Lyles, Jamaica’s Kishane Thompson, Carlos Alcaraz, Novak Djokovic Organizations: Racing, Tokyo Games, St, World Athletic, Paris Games, Getty, Tokyo, Canadian, U.S Locations: Lucia, Budapest, Tokyo, Netherlands, Paris, America, Belgium, Rio, Saint, AFP, Los Angeles, Germany
NANTERRE, France — Katie Ledecky is rewriting the history books. On Saturday night, she took gold in the women’s 800-meter freestyle, her fourth consecutive Olympic gold medal in the event. It marks the first time a woman ever won four gold medals in the same event and also brought Ledecky’s career total up to nine Olympic gold medals, which ties Soviet gymnast Larisa Latynina for the most all-time by a female Olympian. Her nine Olympic gold medals are tied for second-most for an American athlete with swimmer Mark Spitz and track and field athlete Carl Lewis. Michael Phelps holds the record for the most Olympic gold medals for an American athlete with 23.
Persons: Katie Ledecky, Larisa Latynina, Ledecky, Paige Madden, she’ll, ” Ledecky, I’ve, 🇺🇸👑, mpics & Locations: NANTERRE, France, Soviet, Los Angeles
ET, 5:16 p.m. in Paris (men’s pommel horse)TV: NBC and PeacockWhat to watch: Biles continues her gold medal aspirations when she competes in the individual vault competition. Biles enters the vault competition as the leader from qualifying after posting a 15.3. The Canadiens, reigning gold medal winners, needed to win all three matches to get through — and they did. GO DEEPER Ledecky becomes most decorated U.S. female OlympianCanadian Summer McIntosh eyes her third Olympic gold at just 17 years old. With a win Saturday, Crouser would be the first male shot putter to win three Olympic gold medals.
Persons: We’ve, Sha’Carri Richardson, Simone Biles, Stephen Nedoroscik, Katie Ledecky’s, , Nedoroscik, Biles, Jade Carey, Rebeca Andrade, Nedoroscik —, Ireland’s Rhys McClenaghan, Peter Vidmar, It’s, Richardson, Jamaica’s Shericka Jackson, Jamaica’s Shelly, Ann Fraser, Pryce, Sha'Carri Richardson, Mallory Swanson, Alex Livesey, Sophia Smith, Trinity Rodman dazzled, Emma Hayes ’, Hayes, Davidson, Shaw, Ledecky, American Paige Madden, Ariarne, McIntosh, American Kate Douglas, Douglass, Crouser, Ryan Crouser, American Joe Kovacs, Germany’s Leo Neugebauer, Michael Steele, Damian Warner, Kevin Mayer of, Pierre LePage, Leo Neugebauer, Ayden Owens, Sander Skotheim, Franz Wagner, Orlando, Wagner, Andrej Isakovic Organizations: Paris Olympics, NBC, U.S, USA, Stade de France, Getty, United, Olympic, Canada, FIFA, New Zealand, Canadiens, Spain, Canada Soccer, La Defense, Ledecky, Kevin Mayer of France, Puerto Rico Locations: Paris, American, Sha'Carri, USWNT, Canada, women’s, United States, Japan, Germany, U.S, Colombia, France, Brazil, Los Angeles, Tokyo, Puerto, Norway, AFP
What to watch this weekend at the Paris Olympics
  + stars: | 2024-08-02 | by ( Kyle Feldscher | ) edition.cnn.com   time to read: +10 min
Paris CNN —The first week of the 2024 Summer Olympics is very nearly in the books and business is about to pick up. Richardson comes into Paris looking to prove she is the fastest woman in the world. Track and field heats upAn overview shows athletes competing in the women's 5000m heat of the athletics event at the Paris 2024 Olympic Games at Stade de France in Saint-Denis, north of Paris, on August 2, 2024. Antonin Thuillier/AFP/Getty ImagesThe star of the second week of the Summer Olympics, track and field competition takes the stage this weekend. Mixed 4x100m medley relay, featuring the American team of Regan Smith, Charlie Swanson, Dressel and Abbey Weitzeil.
Persons: Paris CNN —, Simone Biles, Biles, she’s, She’s, ‘ I’m Simone Biles, , Noah Lyles, Sha’carri Richardson, Richardson, Jamacia’s Kishane Thompson, Thompson’s countryman, Usain Bolt, Lyles, Sha'Carri Richardson, Australia's Bree Masters, Canada's Jacqueline Madogo, Denis, Jewel Samad, Xander Schauffele, Japan’s Hideki Matsuyama, Jon Rahm, Great, Tommy Fleetwood, Rory McIlroy, Scottie Scheffler, Schauffele, hasn’t, Sophia Smith, Pascal Guyot, Trinity Rodman, Rose Lavelle, Alyssa Naeher, LeBron James, , it’s Jose Alvarado, James, Pierre, Sameer Al Doumy, Antonin Thuillier, Katie Ledecky, Bradley Kanaris, Caeleb Dressel, Kate Douglass, Alex Walsh, Summer McIntosh, Paige Madden, Ariarne Titmus, Regan Smith, Charlie Swanson, Dressel, Gretchen Walsh, Sarah Sjoestroem, Bobby Finke Organizations: Paris CNN, Olympic Games, Tokyo Olympics, Stade de France, Games, Paris, Getty, Le National, PGA, British, Women’s National, Japan, women’s, Marseille, US, Serbia, Puerto Ricans, USA, Belgian, FIBA’s, Summer, Paris La Defense Locations: Paris, France, American, Spring , Texas, Lyles, Saint, AFP, Tokyo, Australia, USA, Marseille, New Zealand, Japan, Sudan, Puerto Rico, Puerto, South Sudan, Mauroy, Villeneuve, d'Ascq, Belgium, Germany, Barcelona, Nanterre, Swedish
A third of the S & P 500 companies are set to report earnings next week. As the busiest week of earnings season approaches, here are some companies that have historically posted a beat and rallied afterward. Amazon , Apple , Merck and Exxon Mobil are among the companies slated to release their quarterly results. With this in mind, Bespoke Investment Group screened for companies reporting next week whose quarterly earnings have managed to beat consensus analyst estimates at least 75% of the time. Additionally, the stocks in the screener all have gained on average 1.5% the day of or following their earnings release.
Persons: Oppenheimer, Meta's, Steve Madden Organizations: Apple, Merck, Exxon Mobil, Investment, Meta, Nasdaq, Mastercard, Bank of America Locations: China, Wednesday's
Courtesy: EA SportsThe 2024 football season officially starts this weekend for many fans, as Electronic Arts rolls out a long-awaited revamp of its college football game. A new eraThe college football game, previously titled NCAA Football, was typically a smaller product for EA, at least compared to titles like Madden. Beyond the gameplay, the changes to the video game also reflect some massive shifts in college football itself, including the advent of the College Football Playoff. A decade ago, college football players had strict restrictions around making money outside of their scholarship. EA Sports College Football 25.
Persons: they've, Anthony Bencomo, Bencomo, Bill Long, Long, Eric Handler, Roth, Madden, Lucas Dolengowski, Dolengowski, Sports Bencomo, I've adulted Organizations: EA, EA Sports College Football, Electronic, XBox, PlayStation, Football, eBay, Sports, College Football, Sports What's Locations: Orlando, Sacramento, Madison , Alabama
A CNN investigation found that Airbnb consistently fails to protect its guests despite knowing hidden cameras are a persistent concern within its industry. Video Ad Feedback A woman describes the moment she realized her Airbnb host had placed a hidden camera in her room. And, while hotels can be held legally responsible for guests harmed on their property, Airbnb frequently is not. In January, CNN began reaching out to former Airbnb employees to ask about hidden camera concerns within the industry. “Less than a month for every victim,” said Wyzynajtys, the guest who found Allee’s hidden camera.
Persons: Airbnb, , Brian Chesky, Chloe LeBrument, , LeBrument, … it’s, Bianca Zuniga, Goldwater, “ I’ve, Comfort , Texas David Wyzynajtys, Airbnb’s, Wyzynajtys, ” Wyzynajtys, David Wyzynajtys, Austin Steele, CNN Wyzynajtys, Jay Allee, Allee, , Vrbo, CNN Allee, Butch Matjeka, ” Matjeka, Kim van Sparrentak, Murray Cox, Cox, Shannon Schott, “ They’re, They’re, ” Schott, Jan Schakowsky, Kyung, ’ Allee, didn’t, Airbnb superhost Peter Madden, Madden, he’d, “ I’m, ” Madden, undressed, Patricia DiCarlo, Matt Lait, Logan Whiteside, Yahya Abou, Ghazala Organizations: CNN, Social, ” CNN, Hyatt Hotels Corporation, Marriott International, Ontario Airbnb, Police, Sheriff’s, European Union, EU, Communications, Facebook, Illinois, Democratic, Airbnb’s San, Attorney, Westbrook Police, Vrbo Locations: Texas, San Francisco, London , Ontario, Ontario, Comfort , Texas, Jay Allee Kendall, Allee’s, California, Kendall, Allee, United States, New York, York, Florida, Airbnb’s, Airbnb’s San Francisco, Chesky, Melbourne, Australia, Maine, Cumberland County
BTIG shared its newest additions to its list of top stock picks heading into the second half of 2024. With this backdrop in mind, BTIG shared its list of top stock picks going into the second half of the year. However, analyst Janine Stichter's $425 price target implies that shares could rise about 42% from Friday's close. Her price target of $156 is approximately 37% higher than the stock's Friday closing price of $113.69. Other existing names on BTIG's list of top stock picks include Steve Madden , Block and Domino's Pizza .
Persons: BTIG, Jonathan Krinsky, Russell, Krinsky, Janine Stichter's, LULU, Northrop Grumman, Andre, Madrid, Marie Thibault, Thibault, Okta, Gray Powell, Steve Madden Organizations: Aerospace, Northrop, of Locations: Friday's
Read previewThe actor who played Blood in "House of the Dragon" season two broke down how the gruesome first episode was filmed in an interview with Business Insider. The child actors on the "House of the Dragon" set weren't involved in the killingMark Stobbart as Cheese and Sam C. Wilson as Blood in "House of the Dragon" season two. AdvertisementDon't worry, they didn't actually kick the dogBobby the dog in "House of the Dragon." HBOWilson and Stobbart were somewhat upstaged by the cute canine costar who accompanies Blood and Cheese on their mission. AdvertisementBlood's death in episode two was nearly much more gruesomeSam C. Wilson as Blood in "House of the Dragon."
Persons: , Daemon Targaryen, Matt Smith, Sam C, Wilson, Stobbart, Prince Aemond Targaryen, Ewan Mitchell, Helaena, Phia Saban, Mark Stobbart, Ollie Upton, It's, Bobby, HBO Wilson, Cheese, didn't, Tom Glynn, Carney, I'd, Kit Harington, Richard Madden, Emilia Clarke, Bella Ramsey, Orlando Bloom, Sean Bean, Paddy Considine, There's Organizations: Service, Business, HBO, King Aegon, Aegon
CNN —Katie Ledecky did on Saturday what she always does – win an 800m freestyle race. But this victory at the US Olympic Swimming Team Trials had added significance. “I’m happy to have gotten the job done here in Indy tonight and this week,” Ledecky said, per USA Swimming. As the owner of 29 of the top 30 fastest women’s 800m freestyle times in history, Ledecky will be favorite to win gold in Paris, but the potential head-to-head against the American and McIntosh is set to be one of the standout races in Paris. Paige Madden finished in a personal best time to qualify for her third Olympic event, but was more than six seconds behind Ledecky.
Persons: Katie Ledecky, , ” Ledecky, McIntosh, Paige Madden, Ledecky, Caeleb Dressel, Kate Douglass Organizations: CNN, Canada’s, American, Paris Locations: Indianapolis , Indiana, Indy, Omaha, Paris
Courtesy Abby ChowningThe tariffs Biden left in place – which are paid by US importers and not China – hit roughly $300 billion of goods. After Trump’s tariffs hit, some US companies sought new manufacturers in other countries. The Covid-19 pandemic upended the global economy roughly two years after Trump’s trade war began. Several studies show that Trump’s tariffs only marginally contributed to the rise in US inflation experienced after the pandemic and the following supply chain crisis. Trump’s tariffs were meant to get China to address those issues.
Persons: Donald Trump, Trump, Tiffany Zarfas Williams, , Zarfas Williams, Joe Biden, , “ Trump, ” Biden, , Biden, , Abby, China –, Rick Muskat, Jake Muskat, Alena Margolis, Muskat, ” Muskat, Phil Page, Page, Bryan Finch, ” Page, Morgan, Nate Herman, Matt Priest, Priest, Steve Madden, ” Jared Bernstein, we’ve, ” Bernstein, Justin Sullivan, ” Herman, Xi Jinping, Biden “ Organizations: Washington CNN —, China, Trump, Biden, Deer Stags, JCPenney, America, Cap America, American Apparel & Footwear Association, Bureau of Labor Statistics, Footwear Distributors, Retailers of America, Adidas, Columbia, Nike, White House Council, Economic Advisers, China Business, Trade, National Council of Textile Organizations, Port Locations: Lubbock, Texas, China, Ukraine, Missouri, Vietnam, Bangladesh, Port of Oakland, Oakland , California
A majority of Ace Hardware stores are located in neighborhoods. Courtesy Ace HardwareBarker is owner and operator of five Breed & Co Ace Hardware locations in the Austin, Texas, area. We count on people coming in everyday to buy a gift item from us.”This hybrid hardware-home goods-curio model is setting Ace Hardware stores apart. “They are essentially shareholders, they own the brand and the company,” said Kim Lefko, chief marketing officer of Ace Hardware. It just launched its first Ace-branded food product, a line of BBQ sauces, and a collection of Ace Hardware vintage-inspired clothing.
Persons: New York CNN — Mahin Barker, , Sherwin Williams, ” Neil Saunders, Hardware’s, today’s, Michael Brown, It’s, , Barker, ” Barker, we’ve, ” Brown, “ We’ve, Kim Lefko, Lefko, John Madden, Pat Summerall, Michael Wynn, Vera Bradley, ” Wynn, Wynn Organizations: New, New York CNN, Home Depot, Hardware, Ace Hardware, Globaldata, , NFL, Acon Investments, Sunshine Locations: New York, West Lake Hills, Austin , Texas, Brook , Illinois, Placer, remodels, Lake Hills, Chicago, Southern Florida, Florida
CNN —Kim Ki Nam, one of the longest-serving North Korean officials who served all three generations of its leaders cementing their political legitimacy and heading the propaganda apparatus for the dynastic state, has died, official media said on Wednesday. North Korea leader Kim Jong Un visited the bier of Kim at 2 a.m. on Wednesday to pay tribute “with bitter grief over the loss of a veteran revolutionary who had remained boundlessly loyal” to the country until the very end, it said. Kim died on Tuesday at the age of 94, official KCNA news agency said. Kim exerted tremendous influence on policy and personnel and was a key architect of the ruling Workers’ Party’s political foundation, according to North Korea expert Michael Madden at the Stimson Center. He was particularly close to Kim Jong-il, the father of the current leader who died in 2011, and was believed to be his “drinking buddy,” Madden said citing sources.
Persons: CNN — Kim Ki Nam, Kim Jong Un, Kim, , , ” KCNA, Kim Dae, Kim Il, Michael Madden, Kim Jong, ” Madden Organizations: CNN, North Korean, North, South, Stimson Locations: North Korea, Pyongyang, Korea
The fall of Gucci was inevitable
  + stars: | 2024-05-03 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +13 min
"We got used to hearing about double-digit growth at Gucci," Fflur Roberts, the head of luxury goods at Euromonitor, told Business Insider. "I think of what a fashion editor is wearing — it's not Gucci," Lindsey Solomon, a fashion publicist, told BI. After taking the top spot on the Lyst Index of fashion's hottest brands in 2022, Gucci dropped to number 11 last quarter. "We still believe the Gucci brand's current growth rate, which is 10 times higher than that of the industry, represents a risk going forward," Morningstar's Sokolova wrote in a 2017 note. Gucci relied heavily on China for its growth, but stores — perhaps including this one in China's Hainan Province — have struggled recently.
Persons: Alessandro Michele's, loafers, Gigi Hadid, Sienna Miller, Steve Madden, ASOS, Sally Singer, Michele, Fflur Roberts, Alessandro Michele, Harry Styles, Billie Eilish, Jared Leto, Kevin Mazur, Bauer, Griffin, Jeff Kravitz, Gucci, Sabato De Sarno, Lindsey Solomon, De Sarno, François, Henri Pinault, China —, Jelena Sokolova, Solomon, Daniele Venturelli, Michele —, Sokolova, It's, Thomas Chauvet, Morningstar's Sokolova, Michele's Gucci, wasn't, Jeremy Moeller, Chauvet, Roberts, Chanel, Gucci's, Gucci hadn't, Hermès, Birkin, Louis Vuitton's Neverfull, Pinault, Louis, Euromonitor's Roberts Organizations: Creative, Gucci, The Recording Academy, Axelle, Morningstar, BI, Citi, Disney, Getty, Revenue, China News Service, Bain, Louis Vuitton Locations: Euromonitor, China, The Asia, Pacific, China's Hainan Province, Asia
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