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☆ Adults are buying more and more kids' toys for themselves in a quest for nostalgia and escape
▼ + stars: | 2024-11-13 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

Adults accounted for 17.3% of US toy sales in 2023, totaling $6.7 billion, per Circana. Research shows that while overall toy sales are in decline in the US, sales driven by nostalgic adults are on the rise. AdvertisementAccording to Circana's data, despite an 8% overall drop in toy sales last year, adult purchases have stayed robust. The group said that US adults spent over $1.5 billion on toys and games in the first quarter of 2024 alone. A Circana report from June on the US toy industry described adults as the "most important age group" for the industry going forward.

Persons: Frédérique Tutt, Tutt, Steve Totzke, Barbie Organizations: Research, BI, Star, Los Angeles Times Locations: Europe, Asia, Japan, South Korea

☆ Opinion | What Am I Thankful for This Year? Amazing Scientific Discoveries.
▼ + stars: | 2023-11-24 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

More likely, the event that’s judged most transformative will be some scientific or technological advance that only a handful of people know about right now — because that’s how things almost always go. The ups and downs of the business cycle that I usually write about are important. But over the sweep of history, it’s been the advance of science and technology that has changed our lives the most, and mostly for the better. That’s what I’m thankful for this Thanksgiving. Not to mention Covid vaccines, without which Grandmother wouldn’t let us through the front door.

Persons: Kevin McCarthy’s speakership, “ Mr, Tutt ”, Brooks, ”, it’s, here’s, Grandmother wouldn’t Organizations: Silicon Valley Bank, New York Times Locations: Silicon

Sturgeon wrote that it “was so easy” to purchase the assault rifle, a Radical Firearms RF-15, from a Louisville gun store, according to the police file. He wrote that he was “very sick” and suggested that he had lied about his health to avoid further treatment or institutionalization. Another officer shot and killed the gunman in the lobby. Sturgeon was shot by an officer in the right arm twice, the left leg once and once in the head, according to the report. Investigators determined that the actions of the officer who shot Sturgeon were not criminal, the report said.

Persons: Connor Sturgeon, Sturgeon, “, ”, Lisa Sturgeon, Joshua Barrick, Deana Eckert, Tommy Elliott, Juliana Farmer, Jim Tutt Jr, Elliott, Andy Beshear, Nickolas Wilt Organizations: Louisville police, Firearms, Kentucky Gov Locations: LOUISVILLE, Ky, Louisville

The holiday season, which begins with Black Friday at the end of November and lasts roughly until the end of December, is expected to be especially tough for retailers selling discretionary items, executives say. "We are seeing some early Black Friday sales start just now," Barbie maker Mattel's (MAT.O) president and chief commercial officer, Steve Totzke, told Reuters on Monday. "The market for toys has been declining for the whole year," said Florian Sieber, CEO of German toy maker Simba. "We are expecting a good holiday season for Mattel," Totzke said. "We expect to continue to gain share throughout the holiday season."

Persons: Peter Nicholls, Larian, Santa Claus, Barbie, Loo, Isaac Larian, Toymakers, Nic Aldridge, Aldridge, Mattel's, Steve Totzke, Florian Sieber, Simba, Sieber, Totzke, Frédérique Tutt, Jerry Storch, Richa Naidu, Matt Scuffham Organizations: REUTERS, Hasbro, Mattel, Consumers, Euromonitor, MGA Entertainment, Toymakers Hasbro, Reuters, Bandai, P, Global, Storch Advisors, Hudson's, Thomson Locations: London, Britain, Europe, Santa, United States, Loo Wee, U.S

"We are seeing some early Black Friday sales start just now," Barbie maker Mattel's (MAT.O) president and chief commercial officer, Steve Totzke, told Reuters on Monday. "The market for toys has been declining for the whole year," said Florian Sieber, CEO of German toy maker Simba. "We are expecting a good holiday season for Mattel," Totzke said. "We expect to continue to gain share throughout the holiday season." "But it's a reality that there won't be as many toys sold this year as last year."

☆ Four dead in Louisville bank shooting were suspect's colleagues, governor's friends
▼ + stars: | 2023-04-11 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +2 min

April 10 (Reuters) - The four people shot dead in a shooting on Monday in downtown Louisville, Kentucky, were all colleagues of the suspect who gunned them down, and two of them were close friends of Kentucky Governor Andy Beshear. Elliott was a senior vice president of Old National Bank whose downtown branch in Louisville was the site of Monday's assault. "He helped me become governor," Beshear said, while describing Elliott as "an incredible friend." Police deploy at the scene of a mass shooting outside an Old National Bank branch near Slugger Field baseball stadium in downtown Louisville, Kentucky, U.S. April, 10, 2023. Barrick's LinkedIn profile showed he was the senior vice president of commercial real estate banking at Old National Bank and had been with the firm for less than a year.

☆ Louisville shooter legally purchased rifle -police
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +2 min

[1/4] Community members attend a vigil at Crescent Hill Presbyterian Church following a mass shooting at Old National Bank in downtown Louisville, Kentucky, U.S. April, 10, 2023. REUTERS/Jeffrey DeanApril 11 (Reuters) - The 23-year-old bank employee who shot dead five colleagues and wounded nine other people at his workplace in Louisville on Monday legally purchased the rifle, Louisville Police Chief Jacquelyn Gwinn-Villaroel told reporters at a news conference on Tuesday. Louisville police responded within minutes to reports of an attacker on Monday morning at the bank office near Slugger Field baseball stadium. Sturgeon grew up in southern Indiana, just north of Louisville, according to his mother's Facebook page. Those statistics use the definition of four or more shot or killed, not including the shooter - according to the nonprofit Gun Violence Archive.

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