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Walmart is taking dollar stores’ customers
  + stars: | 2024-09-04 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +6 min
Dollar Tree also owns the long-struggling Family Dollar chain. While dollar stores once expanded to reach a growing number of financially strapped Americans, they underestimated just how financially strapped many Americans would become. “They missed the fact in tough times the consumer would be looking for consumables.”Meanwhile, Dollar Tree has been weighed down by its purchase of Family Dollar. Earlier this year, Dollar Tree announced that Family Dollar will close more than 900 stores, and it subsequently said it will explore a sale or spinoff of Family Dollar. In previous times of financial stress, Dollar General has seen middle-income and slightly more affluent households trade down into Dollar General to save money.
Persons: Michael Lasser, , Todd Vasos, Vasos, Mike Creedon, aren’t, “ They’re, ” David D’Arezzo, , ” Neil Saunders, Organizations: New, New York CNN, Walmart, UBS, Dollar General, Dollar, CNN, Target Locations: New York
Ukraine's Commander-in-Chief Oleksandr Syrskyi stated last week that an objective of the Kursk invasion was to redirect Russian forces away from the Pokrovsk direction. But the Kursk invasion has limited the number of troops available for reinforcement. KIRILL CHUBOTIN/Ukrinform/Future Publishing via Getty ImagesGeorge Barros, the geospatial-intelligence team lead and a Russia analyst at ISW, said that the Kursk invasion underscores how Moscow left a major portion of its international border undefended. Even though the Kursk invasion may not be forcing Russia to redirect front-line forces from Pokrovsk, that campaign will eventually culminate. These efforts have intensified since the start of the Kursk invasion.
Persons: , Ukraine's, Oleksandr Syrskyi, Tatarigami, Diego Herrera Carcedo, Putin, Volodymyr Zelenskyy, KIRILL CHUBOTIN, George Barros, Vladimir Putin, Barros, REUTERS Barros Organizations: Service, Kyiv, Business, AP, Institute for, Getty, Ukraine, Publishing, REUTERS Locations: Russia, Moscow, Kursk, Ukraine, Kyiv, Russia's, Ukrainian, Sudzha, Russia's Kursk, Pokrovsk, Anadolu, Russian, Korenevo
Ric Tapia | Getty Images Sport | Getty ImagesSports team owners benefiting from soaring team values are also facing new pressure from two of the oldest certainties in American wealth: death and taxes. With the average age of team owners rising, and team values skyrocketing into the billions, owners and leagues are increasingly focused on how to ensure smooth ownership transitions to the next generation of buyers. Succession and taxes have become especially important in the National Football League, where the average age of team owners is now over 72 and team values are all surging. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. So owners have to be planning for the potential for more punitive estate taxes in the coming years.
Persons: Ric Tapia, Stephen Amdur, Pillsbury Winthrop Shaw Pittman, Robert Frank, Pat Bowlen, Rob Walton, Bud Adams, Grant Halverson, Amy Adams Strunk, Tom Benson, Gayle, Jonathan Bachman, Joe Robbie, George " Papa Bear, Halas, George Halas, Amdur, That's, Roger Goodell Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, Sports, Pillsbury, National Football League, Former Denver Broncos, Tennessee Titans, Minnesota Vikings, Getty Images Tennessee Titans, Longtime New Orleans Saints, National Basketball, New Orleans Pelicans, New, New Orleans Saints, Mercedes, Benz, Miami Dolphins, NBA, Chicago Bears, Bettmann Locations: Houston, Nashville , Tennessee, New Orleans, New Orleans , Louisiana
Downtown Campo is an hour away from San Diego in California. Downtown Campo has 28 buildingsThe listing for downtown Campo includes three separate parcels totaling about 16 acres. HMBD Real Estate MarketingRay first purchased the property in 2000 when he lived in San Diego. HMBD Real Estate MarketingHernandez echoed that sentiment, saying locals mentioned renovating the local basketball court and a new playground. AdvertisementHernandez said he's had offers from a mix of interested parties, including traditional real estate investors and people pitching unique concepts.
Persons: , Deborah Jean Peck, I've, Peck, Campo, John Ray, Nick Hernandez, " Hernandez, Marketing Ray, He's, Ray, Hernandez, Marketing Hernandez, who's, he's, Tony Hawk Organizations: Service, Campo, Business, Downtown, Campo Baptist Church, Marketing, Cleveland National Forest, Campo Metal, Campo hasn't, downtown Locations: Campo, San Diego, Downtown Campo, California, HMBD, Las Vegas, Coast, Mexico, Canada, downtown Campo
Read previewThis as-told-to essay is based on a conversation with Elly Ross, a head of product at an e-commerce company who is starting her own candy shop, "lil sweet treat." I was going on a walk to lunch one day and I passed by the unit that is now "lil sweet treat" — and I immediately knew that this was the spot for the candy shop. Product management skills in the candy shop worldA lot of the skills that I cultivated as a PM have been so helpful in building "lil sweet treat." When you buy this large amount of candy, you have to transfer that candy from one of the candy store bags into another vessel at home. Every time that your shopper reaches for a sweet treat, they see the "lil sweet treat" branding associate that sweet treat with "lil sweet treat."
Persons: , Elly Ross, It's, I've, it's, we've, they're, I'm Organizations: Service, Business, Google, Blackstone Group, Apple, Microsoft, Big Tech Locations: Swedish, New York, Germany, New York City
Shares of the five trading firms in Warren Buffett-backed Berkshire Hathaway 's portfolio — Itochu Corp , Marubeni Corp , Mitsubishi Corp , Mitsui & Co , and Sumitomo Corp — have surged, with one rising as much 30% in 2024. These five names are also the biggest of Japan's so-called sogo-shosha, or general trading companies, in which Berkshire placed big bets in 2020 and subsequently increased stakes in later years. Japan's trading houses, which trade in a wide range of products and materials, played a big role in Japan's economic growth. Though it holds Japanese and Chinese equities, it mostly invests in American companies, with Apple, American Express, Bank of America Corp. and Coca-Cola Co forming the bulk of its portfolio. Here are the Asian companies which Berkshire has invested in:
Persons: Warren Buffett, Berkshire Hathaway, Buffett Organizations: Berkshire, Itochu, Marubeni Corp, Mitsubishi Corp, Mitsui & Co, Sumitomo Corp —, Apple, American Express, Bank of America Corp Locations: U.S, Omaha , Nebraska, Berkshire
People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City. Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. Shares of Best Buy jumped more than 15% in morning trading Thursday. Best Buy has been in the midst of an attempted turnaround in response to a two-year sales slump. "We capitalized on demand driven by our customers' desire to replace or upgrade their products, combined with new innovation," Barry said during the company's earnings call.
Persons: Matt Bilunas, Corie Barry, Barry Organizations: LSEG, Apple, Microsoft Locations: Brooklyn, New York City
AdvertisementJoshi's dating app, Friend of a Friend, has ads plastered around New York City. AdvertisementThe anti-swipersWhen setting out to build a dating app, swiping fatigue was top of mind for Vaish Sesetty and Cyrus Belsoi, the founders of the dating app Pique. AdvertisementLast year, Chernyak followed her frustration out of her legal career and launched the video-profile dating app Fast-Forward Dating App with two cofounders. AdvertisementThe Instagram DMsOne of the biggest dating apps isn't even a dating app — it's Instagram. Fast-Forward Dating App is a video-profile dating app where users answer five questions on camera with no edits or filters.
Persons: , Forbes, who'd, Serena Kerrigan, Kerrigan, Rex Woodbury, Vaish Sesetty, Cyrus Belsoi, Belsoi, Karima Ben Abdelmalek, France who's, Abdelmalek, they've, Happn, Joe Feminella, Feminella, Hannah, Elle Wilson, Wilson, Danielle Dietzek, Julie Griggs, Fourplay, Nicole Fara Silver, Dietzek, Anushka Joshi, Friend, Joshi, Derek Lee, Lee, Boo, David Chang, Richard Chang, Katya Chernyak, Chernyak, Aeen Avini, Victoria Todis, Bumble, Nandini Mullaji, Mullaji, Chad DePue, who's, Jeremy Liew, Sitch, Alex Weitzman, hasn't, Weitzman, Amori, Tabitha, Ethan, Pique, Lieu Organizations: Service, Match, Business, Bradley, Microsoft, Daybreak Ventures, Amazon Web Services, Manna, New, Lightspeed Locations: New York City, York City, Paris, TikTok, Park, Brooklyn, France, singlehood, Victoria, Chicago, Los Angeles, Phoenix, Sitch
For Disney fans, this summer has been a roller coaster of emotions. The evolution of reactions has largely taken place inside the thriving online community of adult Disney fans, including Disney influencers, journalists and content creators, whom the company has increasingly marketed to as repeat visitors. The new planned attractions at Disney parks around the world were presented with great fanfare. “I feel like I can allow myself to get excited and feel optimistic about the future of the Disney Parks again,” Gustin posted the next day. Magic Kingdom: 1/3 Destroyed,” posted one Disney content creator and former Disney employee.
Persons: , Tom Sawyer, Walt, Disney influencers, Scott Gustin, ” Gustin, Gustin, John Stamos, Darren Criss, Ke Huy Quan, Meghan Trainor, Josh D’Amaro, , Tom Sawyer ”, Mark Twain, Tom Bricker, “ It’s, Jenny Nicholson, America ”, Encanto, Indiana Jones, hasn’t, Deshawn Warr, they’ve, ” Warr Organizations: Disney, Inc, Hollywood Studios, Nexstar, Disney Parks, Magic, “ Pirates Locations: Florida, Rivers, America, Magic Kingdom, Magic, North Carolina, “ Rivers, Animal, Orlando, Caribbean
The Education Department is assuring schools and students that its financial aid process is under control, after a botched overhaul over the past year that some colleges say has dented incoming classes. Education Secretary Miguel Cardona has vowed that the FAFSA process is being improved after recent missteps. I want to close up [the] Department of Education, move education back to the states. In May, Cardona announced a “full-scale review” of the Federal Student Aid office that oversees FAFSA and promised “transformational changes” at the division. I’ve taken a college and career readiness class from my high school, but it all sounded really confusing,” she said.
Persons: Miguel Cardona, he’s, We’ve, miguel cardona, “ We’ve, ” Cardona, , Peter G ., NAICU, couldn’t, ” Mark Becker, Donald Trump, disburses Pell, ” Trump, Elon, Cardona, “ We’re, they’re, ” “, falloff, Beth Maglione, Hanalise Yarbrough, Kristi Childs, Kristi Childs Kristi Childs, Childs, Mason Yarbrough, , ” Childs, Hanalise, John Jay, she’s “, I’ve, who’s “ Organizations: Department, Education, Federal Student Aid, NBC News, National Association of Independent Colleges, Universities, Education Department, Association of Public, Grant Universities, Department of Education, Republican, Federal, Aid, College, Network, National Association of Student Financial, Madison, Northwest Mississippi Community College, John, John Jay College of Criminal Locations: U.S, DeSoto County , Mississippi, New York City
These are either run by the US Open’s top sponsors or available to rent privately for prices up to $100,000. Big spenders laying down the six figures to secure a suite are companies mostly from financial, insurance and legal businesses. A cabin crew staffs the suite checking people in, and the food served inside also matches its first-class offerings, with seafood towers, champagne and caviar. The Honey Deuce cocktail is served for free in many suites at the US Open. Last year, the Dutch beer used the US Open as part of its launch of Heineken Silver, its new low-carb beer.
Persons: Coco Gauff, Novak Djokovic, Charlize Theron, Justin Bieber, Kylie Jenner, Timothée, Ashe, Sarah Stier, , Shiz Suzuki, aren’t, Arthur Ashe, speck, they’re, Billie Jean King, Bryan Bedder, Al Guido, Maestro Dobel Tequila, Theron, Ariana DeBose, Katie Holmes, Lander Otegui, Theron “, Otegui, Paloma, Charlize Theron sips, John Angelillo, Zendaya, Bieber, Haley, Nicole Kidman, Aaron Judge, Nicola Coughlin, Essa Sulaiman Ahmad, , ” Ahmad, Nathan Congleton, Honey, ” Aleco Azqueta, Goose, Zach Braff, Emily Blunt, John Krasinski, ” Azqueta, Bob Lynch, ” Lynch, Joe Keery, Craig Barritt, ” Pattie Falch, Silver, Taylor Fritz, Morgan Riddle Organizations: New, New York CNN, United States Tennis Association, American Express, , England’s Wimbledon, US, Billie Jean King National Tennis Center, San Francisco 49ers, CNN, Daily Mail, Maestro, UPI, Emirates Airline, Emirates, Yankees, Emirates ’, NBA, NBC, Getty, Bacardi, Heineken, Heineken “, Heineken Silver Locations: New York, Montauk, Bridgehampton, Queens —, Covid, Canada, ” Emirates
PHOENIX — Robert F. Kennedy Jr.'s campaign told a Pennsylvania court that he will be endorsing former President Donald Trump, ahead of his own Friday afternoon announcement putting to rest a tumultuous independent presidential campaign. The filing came shortly before Kennedy took the stage at an Arizona press conference where he announced the end his presidential campaign. The Kennedy campaign spent more than $8 million on campaign consulting from Accelevate 2020 LLC, a group that also does ballot-access work. Overall, the campaign effectively raised what it spent — it amassed $57.6 million and spent almost $54 million through July. Federal campaign finance records show Kennedy’s campaign spent more than $3 million on security services provided by Gavin de Becker, a prominent security consultant protecting celebrities who is also a Kennedy supporter and friend.
Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, Kamala Harris, Biden's, Harris, Vladimir Putin, , they’d, , , Nicole Shanahan, Walz, ” Shanahan, Shanahan, I’m, Gavin de Becker, Katherine Koretski, Ben Kamisar Organizations: PHOENIX, Democratic Party, Trump, Democratic, Democrat, NBC News, Accelevate, Trump Republican Locations: Pennsylvania, United States, Arizona, Glendale, Trump, New, New York, Kamala, Phoenix, Washington ,
PHOENIX — Robert F. Kennedy Jr.'s campaign told a Pennsylvania court that he will be endorsing former President Donald Trump, ahead of his own Friday afternoon announcement putting to rest a tumultuous independent presidential campaign. The filing came shortly before Kennedy was set to take the stage at an Arizona press conference where he's expected to formally end his presidential campaign. Initially, Kennedy sought the Democratic presidential nomination, but he decided in October 2023 to run as an independent bid instead. The Kennedy campaign spent more than $8 million on campaign consulting from Accelevate 2020 LLC, a group that also does ballot-access work. Overall, the campaign effectively raised what it spent — it amassed $57.6 million and spent almost $54 million through July.
Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, they'd, Nicole Shanahan, Kamala Harris, Walz, Shanahan, I'm, Gavin de Becker, Katherine Koretski, Ben Kamisar Organizations: PHOENIX, Democratic, Trump, Democrat, NBC News, Accelevate, Trump Republican Locations: Pennsylvania, United States, Arizona, New, New York, Kamala, Phoenix , Arizona, Washington ,
With Hunter Biden on trial, special counsel spending grows
  + stars: | 2024-08-23 | by ( Katelyn | ) edition.cnn.com   time to read: +3 min
CNN —Special counsel David Weiss’ office spent a total of $3.4 million over the past six months, a dramatic increase as it took Hunter Biden to trial in Delaware on gun-related charges and secured a conviction of the president’s son. Spending by two other Justice Department-appointed special counsels, Jack Smith and Robert Hur, decreased slightly compared with the six months prior. The disclosures come as courts have upped their scrutiny of special counsel office operations. Hunter Biden and another defendant in a separate criminal case have so far been unsuccessful in attempting to challenge special counsel Weiss’ authority. Challengers including Trump have argued that shouldn’t be allowed because Congress didn’t specifically sign off on the special counsel offices.
Persons: David Weiss ’, Hunter Biden, Weiss, Weiss ’, Jack Smith, Robert Hur, — Hunter Biden, Donald Trump —, Hur, Biden, Smith, shouldn’t Organizations: CNN, Department, Trump Locations: Delaware, Florida, Washington, DC, California
Read previewOne of the biggest surprises of the summer movie season is the amazing box office performance by the Sony romantic drama "It Ends With Us." "It Ends With Us" has become a box office hit for three reasons. But it was attention to the behind-the-scenes drama that gave it box office legs. Advertisement"History has taught us controversy often serves to enhance awareness and interest and thus can have a positive effect on the box office," Comscore senior media analyst Paul Dergarabedian told Business Insider. CHARLY TRIBALLEAU/GettyAn early August release can lead to box office glory if you have a title different from the usual blockbusters of the season.
Persons: , Colleen Hoover's, Blake Lively, Lily Bloom, Ryle Kincaid, Justin Baldoni, Atlas Corrigan, Brandon Sklenar, Lively, Colleen Hoover, Denny Directo, Eric Charbonneau, Getty Lively, Hoover, Sklenar, Nicole Rivelli, Ryan Reynolds, Baldoni, Paul Dergarabedian, James Cameron's, Blake Lively's, CHARLY TRIBALLEAU, Getty, Reynolds, wouldn't Organizations: Service, Sony, Business, Café, Sony Pictures Locations: Grapevine , Texas
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAttorney Nicole Shanahan spent almost $19 million boosting Robert F. Kennedy Jr.'s long shot presidential campaign. After abandoning his Democratic primary campaign, Kennedy needed significant funding to set up the organization needed for a credible presidential campaign. She still won't top Rep. David Trone of Maryland, who spent over $60 million of his Total Wine fortune only to lose a Democratic Senate primary. AdvertisementMichael Bloomberg became a meme in the 2020 election when he spent $500 million only to win America Samoa before dropping out of the Democratic presidential primary.
Persons: , Nicole Shanahan, Robert F, Kennedy Jr, Shanahan, Kennedy, Donald Trump, Kamala Harris, Walz, Sergey Brin, Elon Musk, Musk, David Trone, Michael Bloomberg, JB Pritzker, Mehmet Oz's Organizations: Service, Kennedy, PAC, Trump, Business, Democratic, Bloomberg News, Democratic Senate, America Samoa, Gov, Illinois, Senate Locations: Maryland
How every state got its nickname
  + stars: | 2024-08-23 | by ( Mykenna Maniece | ) www.businessinsider.com   time to read: +1 min
Some are straightforward, like Delaware's nickname, the "First State." Others require a bit more of an explanation, such as how Wisconsin became the "Badger State." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEver wonder why Oregon State University's mascot is a beaver, why there's an NBA team called the New Orleans Pelicans, or what a Tar Heel is? This story is available exclusively to Business Insider subscribers.
Persons: , there's Organizations: Badger, Service, NBA, New Orleans Pelicans, Business Locations: Wisconsin, Oregon
In the wake of German’s reporting, Telles went on to lose his Democratic primary race, bringing his time in public office to an end. Following the election, Telles published an angry letter on his website attacking the Review-Journal and its reporting, denying allegations in German’s reporting. Reporters and editors pored over German’s reporting in hopes of finding who was responsible for the attack. Las Vegas Review-Journal investigative reporter Jeff German on June 2, 2021, on the Las Vegas Strip. In the week leading up to Telles’ trial, the Review-Journal published several news articles focusing on the trial and German’s career.
Persons: Robert Telles, Jeff German, Telles, Newsrooms, , ” Rhonda Prast, German’s, ” Prast, Erickson, Kane, Jeff, ” Briana Erickson, , K.M . Cannon, Telles ’, ” Keith Moyer, Arthur Kane, Katelyn Newberg, Katherine Jacobsen, ” Jacobsen, “ We’ll, Glenn Cook, Evan Gershkovich, Gershkovich, Jamal Khashoggi, Khashoggi, ” John Katsilometes Organizations: New, New York CNN, Las Vegas, Democratic, IRE, Las, Tribune, Service, US, Committee, Protect Journalists, CNN, Street, Washington Post, Al Locations: New York, Clark County, Nevada, Sin City, Canada, Caribbean, Florida, Russia, Saudi, Israel, Qatar
Check price at Fubo What we like Check mark icon A check mark. Hulu + Live TVHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Check price at Hulu What we like Check mark icon A check mark. Check price at ESPN What we like Check mark icon A check mark. Check price at Amazon Prime Video What we like Check mark icon A check mark.
Persons: we've, Hulu's, There's, Max Max, Max, It's, Peacock, don't, We've Organizations: Business, AMC, TNT, TBS, CNN, ABC, CBS, FOX, NBC, ESPN, ESPN2, ION, NBA TV, NFL Network, MLB Network ABC, MLB, AMC TNT, Pro, Elite, NBA, NHL, TV, FS1, Hulu, Disney Plus, Disney, Nintendo, Showtime, MLB Network, NFL Network ABC, NFL, ION AMC, Tennis Channel, UFC, Doesn't, Paramount, Paramount Plus, Nickelodeon, Comedy Central, BET, MTV, UEFA Champions, Paramount Pictures, CBS Sports Network, Big Ten, UEFA Champions League, HBO, Max, Warner Bros, Parks, Recreation, NBC Sports, Amazon, Thursday, Football, Apple, Leagues Cup, MLS Locations: Hulu
1 Scottie Scheffler appeared to struggle with tightness in his lower back after shooting 1-under during the first round of this week’s BMW Championship on Thursday, but played down concerns it might threaten his participation in the event. “I woke up just a little sore this morning,” he said. But the American played down injury concerns, saying he would be fit enough to compete as usual for the rest of the BMW Championship. It was just a little sore. The opening round of the BMW Championship in Castle Pines Golf Club, Colorado, was delayed by three hours and 10 minutes after a storm hit the area.
Persons: Scottie Scheffler, , I’ve, Scheffler, Hideki Matsuyama, Matt York, Keegan Bradley, Bradley Organizations: CNN, BMW, FedEx St, Jude, Club Locations: Atlanta, Pines, Colorado
And just like in Paris and London, he will not meet Sinner or Alcaraz until the final, if at all. Beating Sinner and Alcaraz back-to-back in a semi and a final would be a tall order for anyone these days — even Djokovic. Iga Swiatek in the second round in Paris. Wimbledon looked OK, until she ran into a hot Emma Navarro in the second round. If she wins that, she faces a likely second round against another home player, the No 6 seed Jessica Pegula.
Persons: Matthew Futterman, Charlie Eccleshare, Novak Djokovic, Djokovic, Carlos Alcaraz, Alcaraz, , Ben Shelton, Mike Stobe, Naomi Osaka, Caroline Garcia, Iga Swiatek, Emma Navarro, Jelena Ostapenko, Ostapenko, They’ve, Serena Williams, Tim Clayton, Corbis, Coco Gauff, hasn’t, Varvara Gracheva, Elina Svitolina, Navarro, Marta Kostyuk, Sabalenka, Gauff, Al Bello, Matt Futterman Matt Futterman’s, Bianca Andreescu, Jasmine Paolini, Dominic Thiem Reilly Opelka, Lorenzo Musetti, Tommy Paul, Daniil Medvedev, Matthew Stockman, Emma Raducanu, America’s Sofia Kenin, Jessica Pegula, Maria Sakkari, Elsa, Getty, she’s, Iga, Yulia Putintseva, Anastasia Pavlyuchenkova, Danielle Collins, Collins, , Swiatek, Clive Brunskill, Charlie Eccleshare Charlie Eccleshare’s, Dominic Thiem Zheng Qinwen, Amanda Anisimova, Sarah Stier Organizations: U.S, Wimbledon, Djokovic, — Osaka, U.S ., Osaka, Getty, Gracheva, Cincinnati, America’s, Citi, Olympics Locations: New York City, Australia, New York, Paris, London, Osaka, Swiatek, Canada, Cincinnati, France, Wimbledon, Melbourne, Washington ,, Putintseva
Everything You Need to Know About the 2024 U.S. Open
  + stars: | 2024-08-22 | by ( Jesus Jiménez | ) www.nytimes.com   time to read: 1 min
For much of the year, the Billie Jean King National Tennis Center in Queens is mostly quiet. But for two weeks late in the summer, the place becomes the center of the tennis world as thousands of fans flock to Flushing Meadows for the U.S. Open. Qualifying matches are already underway, and the main draw of the U.S. Open begins on Aug. 26. The Australian Open, French Open, Wimbledon Championships and the Olympics are in the books, so this is the last chance for the world’s top tennis players to win a major title this year. A few are favored to win this year, but the U.S. Open has been known for upsets, thrilling matches that can run late into the night.
Persons: Billie Jean King Organizations: Billie Jean King National Tennis Center, U.S ., Wimbledon Locations: Queens, Flushing Meadows
New York CNN —CEOs of many of the biggest US hotel and travel companies are coming off a bit like doomsayers these days with their warnings about the declining health of consumers and their waning appetite for travel. Gary Hershorn/Getty ImagesMuch of the revenue growth that travel companies reported in recent years resulted from inflation, said David Tinsley, a senior economist at Bank of America Institute. “It was always going to be tough to expect travel spending to be showing the kind of momentum it showed 12 months ago,” he told CNN. “I don’t think the current situation is particularly bleak — it’s reasonable to see more normalization playing out,” he said, referring to travel spending getting back on par with pre-pandemic trends. Still, it’s not hard to see why this mixed picture is prompting travel companies to tread carefully.
Persons: , , Brian Chesky, “ It’s, Ellie Mertz, Chris Nassetta, Airbnb’s Mertz, haven’t, Jan Freitag, ” Freitag, Walt Disney, Gary Hershorn, David Tinsley, Tinsley, , Steve Hafner, it’s Organizations: New, New York CNN, Conference, Bank of America Institute, CNN Locations: New York,
Shares of Trump Media fell to their lowest price since Donald Trump's social media company completed a merger nearly five months ago. Trump Media, which owns the Republican former president's preferred social messaging platform Truth Social, ended the trading day at $22.24 per share, a drop of more than 3.5%. The stock price has continued to be volatile, but since mid-July has lost nearly half of its value. Trump Media's stock slump in the past four weeks coincided with a swirl of seismic developments for Trump, who is both the majority stakeholder of Trump Media and a main draw for Truth Social users. The share price surged on July 15, the first trading day after Trump was nearly assassinated at a campaign rally in western Pennsylvania.
Persons: Donald Trump's, president's, Trump, Joe Biden Organizations: Trump Media, Republican, Corp, Nasdaq, Trump, Truth Social, Democratic Locations: Pennsylvania
Now, I love that my kids have an age difference of 23 months. But something that will bring them even closer together is that though they're almost two years apart, they're in back-to-back grades. My older son's birthday is in June, and my younger son's is in May; my oldest would be one of the younger kids in his class if we'd sent him to kindergarten when he was 5. He is more shy and reserved, so I do worry about him starting school at a younger age. We hope growing up in back-to-back grades will help them bondHopefully, growing up in back-to-back grades will be a bonding experience they can love and enjoy.
Persons: they're, we'd, he's, pushback Organizations: Service
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