DIRS.INFO The most relevant business & tech news

☆ Signet Jewelers CEO Gina Drosos goes one-on-one with Jim Cramer
▼ + stars: | 2024-09-12 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSignet Jewelers CEO Gina Drosos goes one-on-one with Jim CramerSignet Jewelers CEO Gina Drosos joins 'Mad Money' host Jim Cramer to talk partnering with U.S. Open athletes, quarterly results, post-covid engagements and more.

Persons: Gina Drosos, Jim Cramer Signet, Jim Cramer Organizations: Signet, U.S

☆ Mr ChatGPT and other AI power players are going to the White House to discuss AI’s massive thirst for energy
▼ + stars: | 2024-09-12 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

The meeting, which hasn’t been previously reported, is the first time senior White House officials will sit down with tech company leadership to discuss how to quench AI’s insatiable thirst for energy. The source said the White House expects to detail how the public and private sector can work together to maintain US leadership in AI in a sustainable way. AI is expected to spark a 160% surge in power demand from data centers by 2030, according to Goldman Sachs. Exowatt just launched a new system that can generate and store clean energy to AI data centers. Other US officials expected to attend Thursday’s AI power meeting include White House Chief of Staff Jeff Zients, National Economic Adviser Lael Brainard, National Security Adviser Jake Sullivan and top climate officials Ali Zaidi and John Podesta.

Persons: Sam Altman, Ruth Porat, Dario Amodei, hasn’t, Jennifer Granholm, Gina Raimondo, Harris, Joe Biden, Kamala Harris, Biden, Goldman Sachs, Altman, ”, ” Altman, “, Robyn Patterson, Jeff Zients, Lael Brainard, Jake Sullivan, Ali Zaidi, John Podesta, Oprah Winfrey, Bill Gates Organizations: CNN, White, Google, White House, Wall, . Energy, Biden, Microsoft, International Energy Agency, Washington Post, United, “, National Economic, National, ABC Locations: America, Washington, United States, Exowatt

☆ We are seeing engagements coming back as we predicted, Signet Jewelers CEO Gina Drosos
▼ + stars: | 2024-09-12 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are seeing engagements coming back as we predicted, Signet Jewelers CEO Gina DrososSignet Jewelers CEO Gina Drosos joins 'Mad Money' host Jim Cramer to talk partnering with U.S. Open athletes, quarterly results, post-covid engagements and more.

Persons: Gina, Gina Drosos, Jim Cramer Organizations: Signet, U.S

☆ California wildfires: Bridge Fire explodes in size, man arrested in connection with Line Fire
▼ + stars: | 2024-09-11 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

The blaze expanded from Los Angeles County into San Bernardino County, and as of Tuesday evening was 0% contained. “Tragically, homes have been lost,” San Bernardino County’s government said on Facebook late Tuesday, as the county proclaimed an emergency due to the blaze. Video by the San Bernardino County Fire Department showed firefighters and deputies performing rescue evacuations in Wrightwood on Tuesday evening as flames consumed brush and trees. Justin Wayne Halstenberg, 34, from Norco, allegedly started the fire in the area of Baseline Road and Alpin Street in the city of Highland on Sept. 5, the San Bernardino County Sheriff's Office said. The Line fire burns through in San Bernardino National Forest, Calif., on Sept. 10, 2024.

Persons: San Bernardino County’s, Justin Wayne Halstenberg, Gavin Newsom, Gina Ferazzi, Paul Holaday, we’re, Brian Fennessey, David Swanson, Newsom's, Davis Organizations: Angeles National Forest, California Department of Forestry, Fire, Facebook, San, San Bernardino County Fire Department, Mount, National Weather Service, San Bernardino National Forest, San Bernardino County Sheriff's, Central Detention, Home, National Guard, Los Angeles Times, Getty Images, Orange County Fire Authority, Trabuco Flyers, RC, Getty, U.S . Forest Service of Humboldt, Sierra Locations: Southern California, Los Angeles County, San Bernardino County, San Bernardino, Wrightwood, San Antonio, East Fork, California, Los Angeles, Norco, Highland, Big, Running, Lake, Forrest Falls, San, Calif, Orange County, Orange, El Cariso, Lake Elsinore, AFP, Nevada, U.S, Davis, Reno

A Florida judge has declared Joe Jonas and Sophie Turner divorced and single, signing off on a confidential agreement reached between the two. Judge Gina Beovides declared that the marriage was “irretrievably broken,” and that the couple’s agreement, especially their parenting plan, was in the best interest of the family. After-hours emails seeking comment from representatives of both Turner and Jonas were not immediately returned. But the split turned into a serious dispute within weeks when Turner sued to force Jonas to turn over the girls’ passports so they could join her in her native England. Turner said she learned of Jonas’ divorce filing through the media, while Jonas said the two had had multiple conversations about it.

Persons: Joe Jonas, Sophie Turner, Jonas Brothers, Willa, Delphine, Gina Beovides, Turner, Jonas, Dan, Shay, Jonas ’, Sansa Stark, ”, Jean Grey, Nick, Kevin Organizations: Billboard, Disney Locations: Florida, Miami, Dade County, Vegas, England, U.S, New York, Northampton, The Arizona

☆ Here's why the stock market is throwing a tantrum about new inflation data
▼ + stars: | 2024-09-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Core inflation rose unexpectedly, dashing hopes for a bigger rate cut from the Fed. US indexes slumped on Wednesday, with the Dow dropping as much as 600 basis points in the early morning as traders took a mixed-bag of inflation data. That's the lowest headline inflation rate recorded since early 2021. On the other hand, cutting interest rates by just 25 basis points means higher for longer interest rates. "Today's inflation data cemented in a 25 basis point cut next week 50 basis points in out the window," she added.

Persons: —, Julian Howard, Gina Bolvin, Preston Caldwell, Chris Zacarelli Organizations: Fed, Traders, Service, Dow, of Labor Statistics, GAM Investments, Bolvin Wealth Management, Labor Department, Morningstar, Independent

☆ The debate didn’t sway some voters CNN talked to, but others know exactly who they’re backing now
▼ + stars: | 2024-09-11 | by ( John King | ) edition.cnn.com time to read: +9 min

CNN —Joan London knew when Tuesday’s debate began she would not vote for Donald Trump. Until this week’s debate in Philadelphia, though, she planned to honor her conservative principles and write in some other Republican. Her decision to back Vice President Kamala Harris was the most significant shift in the reaction we received from this group of voters during the debate and in its immediate aftermath. “Trump came off as irrational and desperate.”Vice President Kamala Harris speaks during the presidential debate at the National Constitution Center in Philadelphia on September 10. Doug Mills/The New York Times/Bloomberg/Getty ImagesOther Harris voters delighted in her success distracting and rattling Trump.

Persons: Joan London, Donald Trump, “ Harris, ”, Ronald Reagan’s, Nikki Haley, Trump, Kamala Harris, Chris Mudd, “ Trump, Kamala, ” Lisa Reissman, Harris, ” Reissman, Saul Loeb, Joe Biden, Biden, Davette Baker, Larry Malinconico, “ Kamala Harris, Linda Rooney, Haley, Rooney, “ She’s, ” Rooney, “, “ Kamala, Cynthia Sabatini, ” Sabatini, Sabatini, “ I’m, Antonio Munoz, Munoz, ” Munoz, Zoila Sanchez, Sanchez, “ Donald Trump, ” Allen Naparalla, Naparalla, Doug Mills, Marvin Boyer, Donald, Natalya Orlando, Priscilla Forsyth, “ Kamala Harris ’, Rachel Kulak, Jaclyn Taylor, “ Kamala didn’t, ” Billy Pierce, ” Debbie Katsanos, Betsy Sarcone, Stanley Tremblay, we’ve, ” Gina Cilento Organizations: CNN, Republican, South Carolina Gov, “, Trump, GOP, National Constitution Center, African American Democratic, Lafayette College, ” Voters, Harris, Media, Reagan Republican, Las, New York Times, Bloomberg, Getty, Trump loyalists, Democratic Locations: London, Berks County, Philadelphia, United States, Ukraine, Russia, Cedar Falls , Iowa, Wisconsin, Milwaukee, Northampton County , Pennsylvania, Delaware County, Las Vegas, Nevada, Cedarburg , Wisconsin, “, New Hampshire, Sioux City , Iowa, Richmond , Virginia, Iowa, South Carolina

Understanding business loansWhat is a business loan? Types of business loans availableYou need to determine what you will use the money for before applying for a business loan, as there are various loan types. "Business loan options are abundant, and it can be very easy to obtain business financing," says Grayson. After the applicationWhat to expect after applyingLenders generally look at your time in business, credit scores (both your business credit score and personal credit score), cash flow, collateral, and the industry the business is in. Business loan FAQsWhat credit score is needed to get a business loan?

Persons: you've, Gina Taylor Cotter, You'll, Noah Grayson, Grayson, you'll, Matt Brewster, Brewster, Ryan Wangman, Read Organizations: GM, Global, Services, American Express, Small Business Administration, South End, Estate Bees, Nonprofit, Chevron, Finance, Northwestern University, Boston Globe

☆ An American Airlines passenger is suing, saying she was burned by a coffee pot that fell into her lap from a trolley during turbulence
▼ + stars: | 2024-09-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

An American Airlines passenger said she was burned by a coffee pot that fell during turbulence. Go to newsletter preferences Thanks for signing up! AdvertisementAn American Airlines passenger is suing the airline over claims she was burned by a coffee pot during turbulence. It adds that a flight attendant then parked a service trolley in the aisle before taking a seat. However, as the plane was hit by turbulence, a coffee pot on the trolley came loose and fell onto Mason's lap, the suit says.

Persons: —, Gina Mason's Organizations: American Airlines, Korean Air, Service, Court, Business Locations: Baltimore, Detroit, Michigan

☆ This semiconductor ETF just had its worst week since 2020. Here's what's next
▼ + stars: | 2024-09-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

The VanEck Semiconductor ETF (SMH) sank 11.7% in the Labor Day-shortened, four-day trading week. That was its worst week since a 15.2% drop in March 2020, spurred by the Covid lockdown. SMH 3M mountain This semiconductor ETF just had its worst week since 2020. VanEck itself launched a somewhat narrower version of the fund — the VanEck Fabless Semiconductor ETF (SMHX) , with 22 stocks — last month. Looking ahead, investors will likely get updates from several chipmakers next week at the Goldman Sachs Communacopia + Technology Conference.

Persons: it's, Cantor Fitzgerald, CJ Muse, Muse, —, Bernstein, Stacy Rasgon, Rasgon, VanEck, Nick Frasse, Frasse, Goldman Sachs, CNBC's Gina Francolla Organizations: VanEck Semiconductor, Labor, Nvidia, Taiwan Semiconductor Manufacturing, Wall Street, SOX, CNBC, Intel, Broadcom, Semiconductor, Technology Conference, Devices Locations: VanEck

☆ Affirm shares surge 16% after better-than-expected results, strong guidance
▼ + stars: | 2024-08-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Affirm reported gross merchandise volume, or GMV, of $7.2 billion, up 31% from a year earlier. Affirm shares jumped as much as 16% in after hours trading on Wednesday, after the provider of buy now, pay later loans reported better-than-expected fiscal fourth-quarter results . For the current quarter, Affirm sees revenue in the range of $640 million and $670 million. Affirm shares were down 36% for the year as of Wednesday's close, but have been trending higher lately, up 12% in August. In June, Affirm and Apple announced plans for U.S. Apple Pay users on iPhones and iPads to be able to apply for loans directly through Affirm.

Persons: Max Levchin, LSEG, Jerome Powell, Gina Sanchez, CNBC's, Sanchez, that's Organizations: Revenue, Federal, Bank of America, Apple, U.S, Lido Advisors

☆ Gypsy Rose Blanchard reveals sex of her and Ken Urker's 1st baby
▼ + stars: | 2024-08-12 | by ( Gina Vivinetto | ) www.nbcnews.com time to read: +7 min

Gypsy Rose Blanchard and her boyfriend will soon be the proud parents of a baby girl. TODAY.com has reached out to Blanchard, Urker, and Anderson for comment but did not hear back at the time of publication. In her video, titled “I’m Pregnant, My Journey So Far,” Gypsy Rose Blanchard revealed she was 11 weeks pregnant and was due in January 2025. Dee Dee Blanchard, Gypsy Rose Blanchard’s mother, “was convinced Gypsy suffered from a wide range of health issues,” according to Ozarks First. Gypsy Rose Blanchard detailed how she was forced to use both a wheelchair and an oxygen tank although she required neither, according to the Springfield News-Leader.

Persons: Rose Blanchard, Blanchard, Ken Urker, ” Blanchard, Urker, ” Blanchard teed, ”, It’s, “ Ken, We’re, Ryan Anderson, “, TODAY.com, Anderson, Clauddine “ Dee Dee ” Blanchard, . Blanchard, anyone’s, ” “, Dee Dee Blanchard, Gypsy Rose, Gypsy, Gypsy Rose Blanchard, Nicholas Godejohn, Godejohn, “ I’m, I’m, she’s, Ken, Poor Ken, “ He’s, He’s, Rod, Kristy’s, Kristy, ovulating Organizations: Springfield News, Potosi Correctional Center, The Springfield News, People Locations: Louisiana, Urker, Potosi

☆ Meet Gina Rinehart, the Australian mining magnate worth almost $19 billion
▼ + stars: | 2024-08-12 | by ( Paige Bruton | ) www.businessinsider.com time to read: +4 min

Read previewGina Rinehart has long been one of Australia's richest people thanks to her company Hancock Prospecting, which controls the country's largest iron ore mine. Rinehart has also been highly involved in funding Australian sport — and made headlines following family disputes. When he died in 1992, Rinehart took over Hancock Prospecting and acquired the Roy Hill mine soon after. Paul Morigi/Getty ImagesSports enthusiastRinehart has been called a "godmother" to Australian sport after donating millions of dollars to swimming, rowing, volleyball, and artistic swimming teams in recent years. Rinehart has also been embroiled in court battles with her son John Hancock and daughter Bianca Rinehart over the rights to mining royalties worth billions of dollars.

Persons: —, Gina Rinehart, Hancock, She's, Chile's SQM, Rinehart, Queen Elizabeth II, Paul Kane, Lang Hancock, Hill, Paul Morigi, Rinehart's, Rose Porteous, John Hancock, Bianca Rinehart, Vincent Namatjira, Vincent Namatjira's Organizations: Service, Bloomberg, Forbes, Business, University of Sydney, Hancock, House, Australian, Getty, National Gallery of Australia Locations: Perth, Pilbara, Western Australia

☆ We've been long-distance for 6 years and have learned a lot about our marriage, including that distance doesn't work for us
▼ + stars: | 2024-08-11 | by ( Gina Elia | ) www.businessinsider.com time to read: +5 min

My husband and I have been long-distance for six of the seven years we have been married. While we now know it will not work for us long-term, the experience has taught us much about ourselves and each other. My husband applied to jobs in Miami, too, but wasn't getting offers of the caliber he wanted. I never did find a better job, so we remained long-distance for the full four years. AdvertisementLearning about your partners needs is important, tooMy husband, unlike me, prioritizes work over relationships and doesn't feel he needs physical proximity to me to demonstrate his care.

Persons: It's Organizations: Service, Harvard Business Locations: Miami, Florida, Fort Myers, North Carolina, Latin America

☆ World’s Five Leading Chipmakers Have Now Promised U.S. Investment
▼ + stars: | 2024-08-06 | by ( Ana Swanson | Madeleine Ngo | ) www.nytimes.com time to read: +1 min

The Biden administration said on Tuesday that it would award up to $450 million in grants to a South Korean chipmaker, SK Hynix, to help build its new chip facility in Indiana, in what officials described as a milestone in rebuilding the U.S. semiconductor manufacturing industry. With the announcement, the United States now has commitments from all five of the world’s leading-edge semiconductor manufacturers to construct chip plants in the United States with financial assistance from the administration, Commerce Secretary Gina M. Raimondo said in a call with reporters on Monday. The Biden administration previously announced that it had reached agreements with Intel, Taiwan Semiconductor Manufacturing Company, Samsung and Micron to help fund investments in the United States. “These are the only companies in the world capable of producing leading-edge chips at scale,” she said. SK Hynix announced in April that it had committed to investing $3.87 billion in a facility in West Lafayette, Ind.

Persons: Biden, Gina M, Raimondo Organizations: SK Hynix, Intel, Taiwan Semiconductor Manufacturing Company, Samsung, Micron, ” SK Hynix Locations: Korean, Indiana, United States, West Lafayette, Ind

☆ Earnings Exchange: Disney, Super Micro, & Rivian
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings Exchange: Disney, Super Micro, & RivianGina Sanchez, Lido Advisors chief market strategist, joins CNBC's 'The Exchange' to discuss three stocks: Disney, Super Micro, and Rivian.

Persons: Rivian Gina Sanchez Organizations: Disney, Lido Advisors

☆ Study Puts a $43 Billion Yearly Price Tag on Cancer Screening
▼ + stars: | 2024-08-05 | by ( Gina Kolata | ) www.nytimes.com time to read: +1 min

The United States spent $43 billion annually on screening to prevent five cancers, according to one of the most comprehensive estimates of medically recommended cancer testing ever produced. The analysis, published on Monday in The Annals of Internal Medicine and based on data for the year 2021, shows that cancer screening makes up a substantial proportion of what is spent every year on cancer in the United States, which most likely exceeds $250 billion. The researchers focused their estimate on breast, cervical, colorectal, lung and prostate cancers, and found that more than 88 percent of screening was paid for by private insurance and the rest mostly by government programs. For Karen E. Knudsen, the chief executive of the American Cancer Society, the value of screening for the cancers is clear. It’s the right thing to do for individuals.”

Persons: Michael Halpern, Karen E, Knudsen, ” Organizations: United, Internal, Cancer, American Cancer Society Locations: United States

☆ Opinion | Whitmer, Buttigieg and the Veeps Who Might Have Been
▼ + stars: | 2024-08-01 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

With Vice President Kamala Harris’s announcement of her running mate only days away, I should probably be placing odds on who will get the nod. They belie all the complaints until recently about the barren Democratic Party bench, constituting a whole gleaming bleachers section of their own. You allow yourself the bounty of Josh Shapiro, Mark Kelly, Andy Beshear and Tim Walz, all of whom reportedly reached the finals of consideration to join Harris on the Democratic ticket. You deny yourself the splendor of Gretchen Whitmer, Gina Raimondo and Pete Buttigieg, all of whom have been deemed long shots or nonstarters for reasons apart from their political talents. With the stakes as high as they are in this election, risks that big are arguably unaffordable.

Persons: Kamala Harris’s, Josh Shapiro, Mark Kelly, Andy Beshear, Tim Walz, Harris, Gretchen Whitmer, Gina Raimondo, Pete Buttigieg, Whitmer, isn’t Organizations: Democratic Party, Democratic Locations: Michigan

☆ London’s Almeida theater pauses play as abortion scene leaves audience feeling queasy
▼ + stars: | 2024-08-01 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

London CNN —A play that opened in London this week had to be temporarily paused after audience members felt unwell during a graphic scene depicting an abortion. Staff at the renowned Almeida Theatre in Islington, north London, were forced to suspend its production of “The Years” for a short time on Monday after multiple audience members required assistance. Ali WrightThe theater’s website carries a content warning for the play, which was first staged in the Netherlands in 2022. During the stoppage, care was also provided for three other audience members. Her novel “Happening” details her experience of getting a dangerous backstreet abortion in 1963, when the procedure was illegal in France.

Persons: London CNN —, Almeida, Eline Arbo, Les, Nobel, Annie Ernaux, Romola Garai, Gina McKee –, ” “, Gina McKee, Deborah Findlay, Harmony Rose, Bremner, Anjli, Garai, Ali Wright, ”, wouldn’t Organizations: London CNN, Staff, Almeida Theatre, CNN, of House, ” CNN, Guardian Locations: London, Islington, Europe, Netherlands, Ernaux, France

☆ Bella Hadid Responds to Backlash Over Adidas Ad Campaign
▼ + stars: | 2024-07-30 | by ( Gina Cherelus | ) www.nytimes.com time to read: +1 min

The supermodel Bella Hadid said on Monday that she was “shocked” by the “lack of sensitivity” that went into an Adidas ad campaign that she starred in, inspired by the 1972 Munich Olympic Games. The sportswear brand’s ad was met with swift backlash from people online and pro-Israel groups when it came out this month. Ms. Hadid, who modeled the sneaker in the ad, is of Palestinian descent and became a focal point of the scrutiny. Adidas apologized in a statement on July 19, saying that it had made an “unintentional mistake,” and pulled the ad. “In advance of the campaign’s release, I had no knowledge of the historical connection to the atrocious events in 1972.”

Persons: Bella Hadid, ”, Ms, Hadid, “ Organizations: Adidas, Games Locations: Israel

☆ Actor Gina Carano wants Pedro Pascal and Bear Grylls to testify in her case against Disney over her 'Mandalorian' role
▼ + stars: | 2024-07-30 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +1 min

Gina Carano wants Pedro Pascal and Bear Grylls to testify in her lawsuit against Disney. She says Disney unjustly fired her from "The Mandalorian" because of her personal views. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPedro Pascal, Bear Grylls, and former Disney CEO Bob Chapek are among the big names who could be forced to testify in Gina Carano's ongoing lawsuit against the House of Mouse.

Persons: Gina Carano, Pedro Pascal, Bear Grylls, —, Bob Chapek, Gina Carano's, Carano, Disney Organizations: Disney, Service, Business Locations: California

This is one of the rare instances in a sport where an athlete’s performance directly hinges on what someone else does, Solotoff says: “A tapper can tap one inch off, too far away, and she could lose a race by a tenth or a hundredth of a second.”

Persons: Solotoff, ”

☆ F.D.A. Approves Blood Test for Colon Cancer Detection
▼ + stars: | 2024-07-29 | by ( Gina Kolata | ) www.nytimes.com time to read: +1 min

The Food and Drug Administration on Monday approved a new screening test for colorectal cancer. For many people, a routine blood test is easier to get than a colonoscopy or a fecal sample test. But the blood test, made by Guardant Health of Palo Alto, Calif., comes with a limitation. It is approved for people aged 45 and over who are at average risk for colon cancer. As many as 53,000 Americans are expected to die from colorectal cancer this year.

Persons: Guardant, Matt Burns Organizations: Drug Administration, Guardant Health, Palo Locations: Palo Alto, Calif, United States

☆ The 'great rotation' faces its biggest test yet: earnings from Microsoft, Meta, Apple and Amazon
▼ + stars: | 2024-07-28 | by ( Jim Cramer | ) www.cnbc.com time to read: +15 min

That will be the case in this jam-packed week , with the earnings from Microsoft on Tuesday, Meta Platforms on Wednesday, and Apple and Amazon on Thursday. If Alphabet said it cut back on data-center spending, then it would be alleged the company is falling behind Amazon and Microsoft in the AI race. The company also is now dogged by another competitor in search engines after ChatGPT creator OpenAI announced a prototype of SearchGPT . Apple reports on Thursday, and if you think the cloud-computing heavyweights are spending on too much AI, then you should be buying Apple. President Joe Biden always chose to have his agencies wear down tech companies.

Persons: Don Forst, There's, hadn't, OpenAI, Tesla, Elon Musk, —, Russell, Mark Zuckerberg, Nvidia's Jensen Huang, It's, Zuckerberg, EssilorLuxottica —, EssilorLuxottica, Andy Jassy, Stanley Black, Decker, it's, Kamala Harris, Tony West, Joe Biden, Harris, Biden, Biden couldn't, Gina Raimondo, Raimondo, Donald Trump, Sen, JD Vance, Vance, Trump, Xi Jinping's, Abbott, Jim Cramer's, ABT, Jim Cramer, Jim, Sebastien Bozon Organizations: Los Angeles Herald Examiner, Microsoft, Apple, Google, YouTube, Amazon, Nvidia, Siggraph, Federal Reserve, Mohawk Industries, Fortune Brands, Club, Democratic, Uber Technologies, titans, Department of Justice, Federal Trade Commission, Department of Commerce, Republican, Big Tech, Republican Party, Trump, Abbott Laboratories, Drug Administration, CNBC, AFP, Getty Locations: Los Angeles, Denver, Ray, California, U.S, Ohio, Taiwan, St, Louis , Missouri

☆ Some people may love to abuse Costco's generous returns policy, but it's a genius business decision
▼ + stars: | 2024-07-27 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +5 min

Read previewA big perk of a Costco membership is the unlimited returns offered by the company. While the returns policy on electronic goods is now 90 days, until 2007, Costco members had an unlimited returns policy on electronic goods — excluding personal computers. It's far from the only example of Costco returns. Bean used to offer a legendary lifetime returns policy but switched to a one-year return limit in 2018 after some customers abused it. Shoshy Ciment/Business InsiderCostco's business model relies on maintaining customer loyalty, and unlimited returns help.

Persons: —, Yuliana Martinez, Louis Orellana, Bean, Shoshy, Neil Saunders, Saunders, Katherine Black, Kearney, Gina Logan, Logan Organizations: Service, Costco, Business, GlobalData

Search resuls for: "GINA"

25 mentions found