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☆ Haiti extends state of emergency as intruders break into key port terminal
▼ + stars: | 2024-03-07 | by ( Caitlin Hu | Tara John | ) edition.cnn.com time to read: +7 min

CNN —Intruders broke into a major port terminal in Haiti Thursday as violence in the country escalated after the government extended its state of emergency. It comes as Port-au-Prince’s Caribbean Port Services (CPS) terminal, a major player in Haiti’s food import supply chain, was broken into around 8 a.m., two security sources told CNN. Pléiades Neo/AirbusOne Airbus satellite image shows a significant amount of material littering the area of the container port terminal. The chaos has forced tens of thousands to flee their homes in the past few days, adding to the more than 300,000 already displaced by gang violence. A law enforcement officer at a police station set on fire by armed gangs in Port-au-Prince, Haiti, on March 5, 2024.

Persons: Pléiades, Jimmy Cherizier, Prince, Cherizier, Ariel Henry’s, Odelyn Joseph, Stephane Dujarric, Dujarric, ” Ronald Laroche, ” Laroche, “, ”, they’ve, Henry, Jovenel Moise, Raymond King of, King, Médecins Organizations: CNN, Caribbean Port Services, CPS, Airbus, Haitian National Police, Reuters, Food, United Nations Office, Humanitarian Affairs, UN, Protection, Kenyan, Royal Bahamas Defence Force, MSF Locations: Haiti, Region, Port, Prince, Prince’s, ”, United States, Canada, Puerto Rico, Dominican Republic, Hispaniola, Kenya, Caribbean, Cité, Syria, Myanmar

☆ Why a warehouse giant is planning a $25 billion push into data centers
▼ + stars: | 2024-03-06 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

He will fill the newly created role of global head of data centers at the firm. Prologis's push exemplifies the growing interest among investors in data center deals, including players who have not traditionally been involved in the highly specialized industry. Warehouses have squat footprints similar to data centers and are often located in industrial areas that have proximity to the heavy electrical lines and equipment necessary to deliver voluminous power that data centers require. Warehouse growth slows as data centers accelerateDemand for data centers has steadily grown over the past decade, driven by the widespread use of cloud computing and storage across corporate America. Blackstone, for instance, has said it plans to develop as much as $50 billion of data centers in the coming years.

Persons: Chris Curtis, Curtis, Michael Hochanadel, Hochanadel, Harrison, They're, Joseph Ghazal, Ghazal, Hamid Moghadam, JLL, Morgan Stanley, Blackstone, Vince Tibone, Tibone, Prologis's, Ron Kamdem, Moghadam, Carl Beardsley, Beardsley, Chris Crosby, Prince William County, Prologis Organizations: Business, Harrison, Green, Amazon, Google, Microsoft, Brookfield, Blackstone, Compass Locations: San Francisco, Dallas, America, Brookfield, Canadian, Prince William, Virginia

☆ Not Your Grandpa’s Military Surplus
▼ + stars: | 2024-03-06 | by ( Charles W. Mcfarlane | ) www.nytimes.com time to read: +1 min

On a chilly afternoon in February, Logan McGrath and Mack Fritz were preparing to shoot a video advertising the green Austrian army fatigue shirts they were selling on Americana Pipedream Apparel, the online military surplus store Mr. McGrath started out of his parents’ basement in Appleton, Wis., three years ago. Tall laundry bins held hundreds of American military canteens and current-issue British camouflage uniforms and equipment. They collected Greek camouflage jackets, West German military patches and packages of vanilla poundcakes from American military rations, assembling them for orders. In the back of the warehouse, they sorted through pallets of surplus that had arrived from as far as Indonesia and Pakistan, including about 1,500 grayish-green Austrian KAZ-75 field shirts. Nearby Mr. McGrath and Mr. Fritz, both 21, worked on a video to market the shirts on their popular Instagram page.

Persons: Logan McGrath, Mack Fritz, McGrath, Post Malone, McGrath’s, Austrian KAZ, Fritz Organizations: Pipedream Apparel Locations: Appleton , Wis, German, Indonesia, Pakistan, Austrian

☆ Many single parents who drive for apps like Uber and Lyft say it's their best option — but they still can't pay their bills
▼ + stars: | 2024-03-06 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +12 min

AdvertisementFlexibility can be an illusionMost single parents with whom BI spoke said they valued the flexibility gig work gives them. Some single parents with disabilities said being able to take days off has helped them stay healthier and avoid burnout. This means that a higher percentage of single parents' earnings goes toward childcare costs, pushing some away from using childcare entirely. "These fluctuations and discrepancies can be devastating to individuals who don't have other mechanisms to make money, including single parents who are often operating on a single income," Greening said. AdvertisementIt's not easy for parents with older childrenThe issues single parents face still linger for those with older children.

Persons: Bri, Uber, Dara Khosrowshahi, Lyft, Uber hasn't, Susan, she's, Lindsey Cameron, Cameron, Cindy Lehnhoff, Lehnhoff, Bryant Greening, Greening, Starla, She's, Genesis, Paul, he's, It's humbling Organizations: Service, DoorDash, Walmart, Business, Wharton School, National Child Care Association, BI, Uber, Security Disability Insurance, Arizona State University Locations: Fort Worth , Texas, Grubhub, bam, Ohio, Jacksonville , Florida, Atlanta, Las Vegas

ROME (AP) — For nearly six decades, the Tirelli atelier in Rome has woven itself into the fabric of Italian and international film history, earning the nickname the “Oscar tailor’s shop” for its contribution to cinematic costume design. Established in November 1964 by the late Umberto Tirelli, the shop has been behind 17 Academy Awards for best costume design. “Of course, the Oscar is not won by the tailor’s shop, the Oscar is won by the costume designer. But the tailor’s shop has the merit and the honor of having participated to make it win.”The atelier’s origins stem from Tirelli’s passion for collecting antique clothing. Photos You Should See View All 60 ImagesAfter the 1984 “Amadeus” design Oscar, Tirelli could have gone more international “because the market was immediately interested," Trapetti said.

Persons: Oscar tailor’s, Umberto Tirelli, Janty Yates, Dave Crossman, Ridley, Napoleon, ”, Dino Trappetti, Oscar, ” Trappetti, Tom Hulce, Wolfgang Amadeus Mozart, Milos Forman’s “ Amadeus ”, Theodor Pistek, Michelle Pfeiffer's, Gabriella Pescucci, Amadeus, Tirelli, Trapetti, Trappetti, “ I’m Organizations: ROME, weekend's Locations: Rome, Prati, America, Formello

☆ I retired from Amazon at 34 and chose to settle in Canada, where I only need $1,000 a month to live well
▼ + stars: | 2024-03-05 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +10 min

He saved a lot of his paycheck and earned relocation bonuses for moving from city to city in the US. Lukin has moved to Quebec City, where his rent is about $500 a month and he can afford to go out. Basically, you don't necessarily have to be broke or be "frupid" — when you make stupid decisions just to save money and it backfires. I visited Quebec City to do some apartment hunting and just absolutely fell in love. When my lease in Toronto ended in September 2021, I packed everything up into a U-Haul trailer, sold my car, and moved to Quebec City.

Persons: Grigory Lukin, Lukin, —, It's, Tim Ferriss, Kia, it's Organizations: Quebec City, Service, FIRE, Amazon, Brexit — Locations: Quebec, Russia, Seattle, Lukin, California, Reno, Las Vegas, Fort Worth and Tampa, Fort Worth, Tampa, Brexit, Brexit — Poland, Canada, Australia, Toronto, Quebec City, United States, British Columbia

☆ 1 Killed as Explosion at Michigan Vape Distributor Sends Canisters Flying
▼ + stars: | 2024-03-05 | by ( Emily Schmall | John Yoon | ) www.nytimes.com time to read: +1 min

A teenager in Michigan was struck and killed by a flying butane canister from an explosive fire at a vaping distributor’s warehouse about a quarter mile away on Monday night, the authorities said. The 19-year-old man, who was not identified, was among several people injured from chunks of metal that the force of the explosion projected as far as a mile away, Mark Hackel, the county executive in Macomb County in Eastern Michigan, said in an interview. The fire, which began shortly before 9 p.m. on Monday, filled the night sky with flames and smoke, prompted the police to urge residents to avoid the area and left a trail of charred debris along 15 Mile Road, a highway in Clinton Township, Mich.“You could see the amount of fire just coursing in the sky, and the explosions were actually shaking the car,” Tim Duncan, the chief of Clinton Township’s fire department, said in a news conference on Tuesday morning.

Persons: Mark Hackel, Tim Duncan, Clinton Locations: Michigan, Macomb County, Eastern Michigan, Clinton Township, Mich

☆ The office market is in trouble. Here's what real estate experts say all that space could be used for instead.
▼ + stars: | 2024-03-03 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +5 min

The reality facing office owners has many of them thinking about office-to-residential conversions, a move also echoed by the Biden administration as a way to alleviate the housing shortage. This story is available exclusively to Business Insider subscribers. "You do see some office buildings right now that over the last 20 years have taken a part of their building like the low-rise and converted it to a hotel," he said. In less common cases, office owners in places like Los Angeles are pivoting their private buildings to film post-production sets. AdvertisementMedical offices are also options for landlords, Paynter said.

Persons: —, it's, Biden, Goldman Sachs, Mike Watts, Watts, Steven Paynter, Paynter, Todd Henderson Organizations: Service, Business, DWS Group Locations: Watts, Austin, Los Angeles

☆ A bizarre Willy Wonka-themed children's event became a viral disaster. Here's everything that went wrong.
▼ + stars: | 2024-03-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

A disastrous Willy Wonka-themed children's event went viral for all the wrong reasons. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Instead, the bizarre Willy Wonka-themed event in Glasgow, Scotland, featured a sparse warehouse filled with low-budget props and drew comparisons with the similarly ill-fated Fyre Festival. Videos of customers confronting event organizers have since been shared on social media. "I ended up playing Willy Wonka for three and a half hours straight," Paul Connell told The Independent.

Persons: Willy Wonka, Here's, —, Stuart Sinclair, Sinclair, Paul Connell, Wonka, Connell, BI's Katie Notopoulos Organizations: Service, Illuminati, The Daily Mail Locations: Glasgow, Scotland

☆ ‘Eventually, one gets used to anything:’ How Ukrainians have learned to live with war
▼ + stars: | 2024-03-01 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +11 min

Dnipro, Ukraine CNN —The residential block in Dnipro looked like someone had taken a huge bite out of it. Their presence was a sign of how Ukrainians have become used to the realities of living through a war. Tsyplionkova said she considered leaving Dnipro after the war started but found she simply couldn’t go: this is her city. Lydmila Lashko, the head of the Dnipropetrovsk regional organization of the Ukrainian Red Cross Society, says two years of war have forced Ukrainians to get used to its brutal realities. “But eventually one gets used to everything.”Some 4.8 million Ukrainians are officially registered as internally displaced people, according to data from Ukraine’s Ministry of Social Policy.

Persons: Yevhenia Tsyplionkova, Tsyplionkova, “, Ivana Kottasová, CNN Tsyplionkova, ”, Lydmila Lashko, ” Lashko, Lashko, They’ve, Zhanna Vedmedieva, ” Vedmedieva, Volodymyr Zelensky, Oleksandr Savchenko, Ivana Kottasova, Yulia Murashkina, Murashkina, Ihor Omelchenko, wasn’t, Omelchenko, ” Omelchenko, Vedmedieva Organizations: Ukraine CNN, Russian, Ukrainian Railways, CNN, Ukrainian Red Cross Society, Dnipro, Ukraine’s Ministry of Social, Donetsk People’s, United Nations Human Rights Locations: Dnipro, Ukraine, Iranian, Dnipropetrovsk, Ukrainian, Demydiv, Kyiv, Donetsk, Kreminna, Severodonetsk, Luhansk, Russia, Russian, Dmytrivka, Novomykhailivka, Donetsk People’s Republic, Mariinka, France, Havriushyna

☆ Timothée Chalamet, Zendaya recall meeting ‘terrifying creature’ Austin Butler on ‘Dune: Part Two’ set
▼ + stars: | 2024-02-29 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +2 min

Recalling her first day on set in Budapest, Zendaya told CNN in a recent interview that arriving to see an in-character Butler filming one of his scenes “was quite jarring.”The “Euphoria” star added that it was her first time “properly meeting and getting to know” Butler. “But it was also funny because once you get to know Austin, you see that he’s obviously very warm and very kind. From just five seconds ago, being this terrifying creature, and then being like, ‘Hey, how are you? Niko Tavernise/Warner Bros. PicturesIn the end though, Chalamet said that while his fight sequences with Butler required a lot of work, it turned out well. “But it was a dream.”In “Dune: Part Two,” – which comes from Warner Bros. Pictures, owned by CNN’s parent company Warner Bros.

Persons: Denis Villeneuve’s, Timothée, Christopher Walken, Florence Pugh, Léa Seydoux, Anya Taylor, Joy, Austin Butler, Butler –, Oscar, Elvis ” –, Zendaya, Butler, “, ” Butler, ”, Austin, Chalamet, Wonka, Timothee Chalamet, Niko Tavernise, – Chalamet’s Paul Atreides, Stellan, Glossu Rabban, Dave Bautista, Butler’s Organizations: CNN, Warner Bros, Pictures, Warner Bros . Pictures Locations: Budapest, LA, Hungary

☆ Warehouse logistics systems find efficiency and productivity benefits in lightweight augmented-reality headsets
▼ + stars: | 2024-02-29 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +8 min

A 2017 trend report from the global logistics company DHL found that augmented-reality headsets improved the productivity of warehouse pickers by up to 15%. The latest AR headsets, which look similar to conventional prescription eyewear, could extend productivity benefits across every aspect of logistics — and even beyond. But the AR headsets at the cutting edge of logistics and manufacturing are slimmer, lighter, and more durable than the Vision Pro or Quest. AR headsets used in a busy workplace need to keep the wearer's vision unobstructed. TeamViewerNext-gen AR headsets go incognitoAugmented-reality headsets like the Vuzix M4000 are light enough to wear all day, but next-gen headsets will make them look like dinosaurs.

Persons: —, Paul Travers, Seth Patin, Patin, Peter Millar, Brian Ballard, Ballard, TeamViewer, Travers Organizations: Service, Apple's, DHL, Apple Vision, Meta Locations: It's

☆ Memes about a disastrous Willy Wonka-themed event are taking over the internet
▼ + stars: | 2024-02-29 | by ( Olivia Singh | ) www.businessinsider.com time to read: +8 min

AdvertisementUnsuspecting children attended a Willy Wonka-inspired event in Glasglow, Scotland with high hopes, but found themselves in a world of pure horror. Paul Connell, an actor hired to play Willy Wonka at the event, told The Independent that the script supplied was "15 pages of AI-generated gibberish." Since photos and videos surfaced online, X (formerly known as Twitter) has become inundated with memes about the catastrophic event. AdvertisementThe interactive lab area drew comparisons to a meth lab“Is that the-”“The meth lab from the Glasgow Willy Wonka Experience? This photo from the Willy wonka experience is single handedly the photo of the year.

Persons: Willy Wonka, —, it's, Roald Dahl, Paul Connell, Kirsty Paterson, Glasgow Willy Wonka, k9jdz3CWH0 — Adam, @adamgreattweet, Loompa, Hugh Grant, Willy wonka, twitter.com/tmc, kes, Kate Middl, aga, witt, r.com, ady, lanning their H, dre, anne Organizations: Service, Warner Bros, Independent, Glasgow, nk Locations: Glasgow, Glasglow, Scotland, erie, ves

☆ Here are Thursday's biggest analyst calls: Tesla, Apple, Microsoft, Delta, Disney, Snowflake, Okta, Salesforce & more
▼ + stars: | 2024-02-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Goldman Sachs reiterates Salesforce as buy Goldman said it's standing by its buy rating following the company's robust earnings report on Wednesday. "Multiple high-profile catalysts should double revs by FY28 & support an Outperform rating with a $54 PT." "We initiate coverage of Gates Industrial (GTES) with a Buy rating and $21 price target. The more aggressive stance follows a near week long sell-off in COLD shares following 4Q results and initial 2024 guidance." Goldman Sachs reiterates Microsoft as buy Goldman said it's standing by its buy rating after a meeting with Microsoft investor relations.

Persons: Jefferies, Roth, Roth MKM, Morgan Stanley downgrades Snowflake, Morgan Stanley, Goldman Sachs, Salesforce, Goldman, it's, TD Cowen downgrades Macy's, Telsey, TD Cowen, Wells, Needham, " Jefferies, Tesla, Coupang, Baird, Cantor Fitzgerald, Cantor, Gates, Piper Sandler, Piper, Raymond James, William Blair, Gordon Haskett downgrades, Haskett, Frank Slootman's Organizations: Jefferies, Barrick Gold, NEM, UBS, Apple, Mar, Bitdeer Technologies, BTC, Citi, United Airlines, Delta, Delta Air Lines Inc, DAL, Deere & Company, American Airlines Citi, Catalyst Watch, Reliance, Star India, JV, UBS downgrades Republic Services, Downside, RBC, Xenia Hotels, Resorts, Deutsche Bank, Deutsche, Products, Gates, NTR, LXU, UW, Bank of America, underperform Bank of America, Realty Trust, Fidelity, Korn, Microsoft, Macquarie Locations: U.S, China, American's, DIS's, Xenia, Federal, Korea

☆ Willy Wonka-inspired experience sparks outrage and online mockery after police called to event
▼ + stars: | 2024-02-28 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

People there became so angry on Saturday that the police were called, Police Scotland confirmed to CNN, the event was canceled, and the story went viral on social media. “There was a crowd of people outside all furious,” Paul Connell, one of the actors hired to perform at the event told CNN on Wednesday. “I saw people shouting, the people running the event were crying … It was absolute chaos. Jack Proctor and his family were among those attending the experience, and they arrived once the event had been open for a couple of hours, he told CNN on Wednesday. “We were met by groups of families leaving the event, looking utterly bewildered,” he said.

Persons: Willy Wonka, ” Paul Connell, “, Jack Proctor, Connell, ”, Proctor, ” Proctor, they’re, ” Connell Organizations: CNN — Families, Police Scotland, CNN, Facebook, ” CNN Locations: Glasgow, Scotland, ”

☆ Family Dollar has agreed to pay $42 million after storing food and medicine in a warehouse with a severe rodent infestation
▼ + stars: | 2024-02-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

AdvertisementUnder the plea agreement, Family Dollar admitted that it had begun receiving more reports of mouse and pest issues with deliveries from the warehouse in August 2020. AdvertisementThe distribution center shipped FDA-regulated products to more than 400 Family Dollar stores, or over 5% of its total store count. On average, the warehouse shipped 1.3 million cases of product worth $32.3 million each month, per the plea agreement. According to the plea agreement, the facility had operated since 1994, making it Family Dollar's second-oldest distribution center. Family Dollar said in October that it planned to open a "best-in-class" distribution center on the same site in West Memphis by fall 2024.

Persons: —, Dollar, Jonathan D, Ross, Rick Dreiling Organizations: Service, US Department of Justice, Business, FDA, DOJ, Federal Food, Consumers, Eastern, of Locations: Arkansas, West Memphis , Arkansas, US, of Arkansas, West Memphis

☆ Tesla's Optimus bot is looking a little steadier on its feet. Maybe the yoga stretches are paying off.
▼ + stars: | 2024-02-27 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +2 min

The clip appeared to show the Gen 2 version walking more smoothly than on previous occasions. AdvertisementElon Musk shared fresh footage of Tesla's humanoid robot, Optimus, walking around a warehouse. AdvertisementGetting my daily steps in pic.twitter.com/cEE4RBNdfo — Tesla Optimus (@Tesla_Optimus) February 24, 2024The EV company unveiled the first Optimus prototype at the 2022 Tesla AI day. Since then, updates have shown the Tesla Optimus squatting, picking up an egg, and of course, the yoga stretches. Tesla ramped up hiring for its Tesla bot team at the end of 2023.

Persons: Elon Musk, Musk, —, Tesla, Walter Isaacson Organizations: Optimus, Service, Tesla Locations: pic.twitter.com

☆ Costco's average customer shops there at least twice per month and spends around $100 on each visit
▼ + stars: | 2024-02-27 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Every day, thousands of shoppers push their ultra-wide shopping carts through Costco's warehouse doors, collectively spending more than $237.7 billion last fiscal year. The wholesale club boasts 129.5 million membership cardholders representing households and small and midsize businesses, but which shoppers are the "typical" Costco shoppers? The retailer also consistently leads the pack when it comes to customer satisfaction, though Walmart and Target are gaining ground. The typical customer visits Costco every two weeks or so — about 30 trips per year — and spends about $100 per trip for a total annual expense of $3,018. Compared with other shoppers, Costco members are more likely to be homeowners who love organic foods and actively manage their health.

Organizations: Costco, Business, Walmart, Target, Star Locations: North America

☆ Family Dollar to pay nearly $42 million in connection with rodent-infested warehouse
▼ + stars: | 2024-02-27 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +3 min

New York CNN —Family Dollar Stores was hit with a record fine for violating product safety standards after selling items that were stocked in a rat-infested warehouse filled with live, dead and decaying rodents. The retailer, a subsidiary of Dollar Tree was fined $41.6 million, “the largest-ever monetary criminal penalty in a food safety case,” the Justice Department said in a statement Monday. Family Dollar and Dollar Tree will also be under robust corporate compliance and reporting requirements for the next three years, according to the DOJ. The agency said at the time that Family Dollar has been aware of the rodent problem since at least January 2020. The DOJ said Family Dollar, which has more than 8,000 stores nationwide, pleaded guilty to one misdemeanor count of causing FDA-regulated products to become adulterated while being held under insanitary conditions.

Persons: ” Benjamin Mizer, exterminators, Rick Dreiling, “, Dreiling, – CNN’s Nathaniel Meyersohn, Rebekah Riess Organizations: New, New York CNN, Justice Department, DOJ, The, Food and Drug Administration, FDA, Dollar Tree’s Locations: New York, Arkansas

☆ High-Stakes Capers Starring Low-Wage Workers
▼ + stars: | 2024-02-27 | by ( Alexandra Chang | ) www.nytimes.com time to read: +1 min

Waldman focuses on members of “Team Movement” at Store No. 1512, who unload trucks, organize the warehouse and stock shelves before the store opens. Diego, an immigrant from Honduras, prides himself on being competent at work, but struggles in his personal relationships. Multiple Movement members struggle with alcohol, are single parents, live with parents or grandparents and have challenges in their intimate relationships. “Help Wanted” is structured around the collective, depicting the toll of capitalism on low-wage workers.

Persons: Waldman, Will, ” There’s Nicole, Diego, ’ Organizations: “ Locations: Honduras

☆ A Willy Wonka-style 'Chocolate Experience' advertised with AI images turned out to be an 'absolute shambles'
▼ + stars: | 2024-02-27 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Read previewA "Willy's Chocolate Experience" last weekend turned out to be a whole lot less satisfying than people had hoped. This story is available exclusively to Business Insider subscribers. AdvertisementStuart Sinclair, who took his children to the event, called it an "absolute shambles." Several of the images featured on the website have tell-tale signs of AI art, but Business Insider was unable to independently confirm if the images were generated with AI. Stuart Sinclair called the event an "absolute shambles."

Persons: —, Stuart Sinclair, Sinclair, Willy Wonka, Crave, elly Organizations: Service, Illuminati, Business, Wonka, Warner Bros, Police Scotland, Sky News, Police Locations: Glasgow, Scotland, ried

☆ Ikea is betting you'll come to its coworking space in a mall, then shop at one of its stores
▼ + stars: | 2024-02-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Ingka Group, which runs most Ikea stores, is leading the charge. One mall that Ingka recently acquired in the English city of Brighton included an Apple store and a Zara store. It added an Ikea store in the mall where a now-closed department store used to stand. The Ikea stores in these malls are often smaller than one of the brand's typical warehouses, which tend to be located in their own buildings on the outskirts of cities. In the US, Ikea has also opened some showroom-style stores built around complete setups for bedrooms, kitchens, and other rooms.

Persons: —, Hej, Cindy Andersen, Ingka's Anderson, Ikea's Organizations: Wall Street, Service, Ikea, Ingka, Apple, Business Locations: Swedish, Malls, California, San Francisco, English, Brighton, Zara, London

☆ Against All Odds, New York’s Artist Buildings Have Survived
▼ + stars: | 2024-02-26 | by ( M.H. Miller | Miranda Barnes | ) www.nytimes.com time to read: +4 min

The expansion of government-subsidized housing loans meant that cheap space was also easy to come by, as New York had a then-ample stock of residential and industrial buildings. But the city has always romanticized artist-dominated buildings, the kinds of communal spaces in which every unit might be home to an artist’s studio (and sometimes, unofficially, their residences, too). In an almost unheard-of feat of perseverance, the same artist, Don Dudley, 93, has been working out of this loft since 1971. So artists have had to create a kind of whisper network to withstand New York’s unimpeachable forward march, which the art market has, ironically, enabled. Most of them are temporary fixes before an artist — who’s grown out, or been priced out, of their space — has to move on.

Persons: Bill, Don Dudley, What’s, it’s, — who’s Organizations: Veterans, Pop Art, Brooklyn Army, Financial, Artists Locations: Europe, Paris, New York, York, Sunset, Williamsburg , Brooklyn, Ridgewood , Queens, TriBeCa, ”, Manhattan, Brooklyn, Queens

☆ Here are Monday's biggest analyst calls: Nvidia, Alphabet, Salesforce, Arm, CVS, BJ's, Super Micro & more
▼ + stars: | 2024-02-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley reiterates Target at overweight Morgan Stanley stood by its overweight rating on the department store owner. Morgan Stanley reiterates Salesforce as overweight Morgan Stanley said it likes the setup heading into earnings later this week. Morgan Stanley upgrades HashiCorp to overweight from equal weight Morgan Stanley said the software company has a compelling valuation. Morgan Stanley upgrades AvalonBay to overweight from equal weight Morgan Stanley said apartment REIT stocks like AvalonBay are '"cheap for a reason." Morgan Stanley upgrades Sun Country to overweight from equal weight Morgan Stanley said it likes the airline's business model.

Persons: Goldman Sachs, Goldman, Morgan Stanley, Salesforce, Rosenblatt, Jefferies, Amer, Wells, Jane Fraser, Roth MKM, Roth, TD Cowen, TD, DA Davidson, OW, Fannie Mae, KBW, Freddie, Truist, it's, Piper Sandler, Piper, Bentley Organizations: Nvidia, BMO, Apollo, Amer Sports, Citi, Citigroup, Bank of America, KKR, APO, BJ's Wholesale, D.A, Susquehanna, Energy, HSBC downgrades Moderna, HSBC, Moderna, Google, YouTube, " Bank of America, Omega Healthcare, Sun, DuPont's Mobility, JPMorgan, Navy, Bentley Systems Locations: USD75, Asana, ASAN

☆ Footage appears to show Ukrainian drones destroying prized Russian armor, including a rare 'Terminator' tank, left in an unlocked warehouse
▼ + stars: | 2024-02-25 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: 1 min

AdvertisementA new video appears shows Ukrainian FPV drone operators targeting a large concentration of Russian hardware after locating a warehouse in the south of Ukraine. Ukrainian attack drones infiltrated the hangar, crowded with valuable assets from Putin's war arsenal, and set about destroying the valuable weaponry. It is unclear when and where the video was taken, and Insider could not independently verify it.

Locations: Ukrainian, Ukraine

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