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But that penny-pinching mentality hasn’t been enough to lift sales for Dollar Tree and Dollar General. Dollar Tree is also exploring selling off Family Dollar, its more grocery-focused brand. Family Dollar, which Dollar Tree acquired in 2015 for nearly $9 billion, is found in more urban areas and sells more food and household staples. The company plans to close about 1,000 Family Dollar stores and is exploring a potential sale of the business. Dollar Tree has more than 16,000 stores, while Dollar General has nearly 20,000 locations across the U.S.

Persons: Jeff Owens, Rick Dreiling, Peter Keith, Piper Sandler, ”, it’s, Todd Vasos, Goldman, Vasos, “, Piper Sandler’s Keith, Keith, John David Rainey, Joe’s, Mike Creedon, Creedon, Alasdair James, James, Donald Trump, CNBC’s Ryan Baker Organizations: Walmart, Dollar, Target, Goldman Sachs, Costco, Sam’s, Aldi, —, U.S . Department of Labor, federal, Safety, Health Administration, Trump Locations: U.S, Bentonville, Arkansas, China

Georgia’s longest-running criminal trial ended Tuesday with not guilty verdicts, except for one charge, for the two remaining co-defendants in a sprawling racketeering case that had included rap superstar Young Thug. The case initially featured 28 co-defendants, including Young Thug, whom Fulton County prosecutors accused in a 2022 indictment of leading an Atlanta street gang, Young Slime Life, or YSL. Are they a gang because they’re all dressed in red?”Key dates in Young Thug case May 9, 2022: Young Thug is booked into jail on charges of criminal gang activity. Jan. 4, 2023: Jury selection in the RICO trial against Young Thug and his co-defendants begins. Young Thug, in taking a deal, was released from jail with his 40-year sentence commuted to time served and 15 years of probation.

Persons: Young, — Deamonte Kendrick, Gotti, Shannon Stillwell —, Stillwell, Kendrick, Fulton, Thug, Jeffery Lamar Williams, Jeffery Williams, Ural Glanville, Steve Schaefer, Christian Adkins, ”, Max Schardt, “, Doug Weinstein, ” Weinstein, Young Thug, Shannon Stillwell, Brian Steel, Glanville, Paige Whitaker, Quamarvious Nichols, Marquavius Huey, Rodalius Ryan, Deamonte Kendrick, Fani Willis, —, Willis, Donald Trump, misstep, “ Stoner, Travis Scott, Post Malone, Meek, Drake, Childish Gambino’s Organizations: YSL Records, TNS, ABACA, Reuters, “, Bloods, Defense, Superior Locations: Fulton County, Atlanta

☆ Investigators find 11 children working 'dangerous' overnight cleaning shift in meat processing plant
▼ + stars: | 2024-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +3 min

A cleaning company has been fined $171,000 after federal investigators found 11 children working a "dangerous" overnight shift at a meat processing plant in Iowa. The U.S. Labor Department said in a statement that it found the children working for sanitation company Qvest LLC at the Seaboard Triumph Foods pork factory in Sioux City, Iowa. Image of an adult Fayette Janitorial worker scooping up animal parts at a processing plant taken by the U.S. Labor Department during the course of its investigation of Fayette Janitorial Service. U.S. Department of Labor“These findings illustrate Seaboard Triumph Foods’ history of children working illegally in their Sioux City facility since at least September 2019. A yearlong NBC News investigation into underage workers in slaughterhouses highlighted how children have been hired in slaughterhouses and meat processing facilities.

Persons: Qvest, Virginia . Fayette, ”, Michael Lazzeri, Paul DeCamp, Pérez Organizations: The U.S . Labor Department, Seaboard Triumph, Seaboard Triumph Foods, U.S, Northern, Northern District of, NBC News, Seaboard, Perdue, U.S . Labor Department, U.S . Department of Labor, Triumph Foods, Division, NBC Locations: Iowa, The, Sioux City , Iowa, U.S, Northern District, Northern District of Iowa, Oklahoma, Fayette, Sioux City, Perdue, Virginia .

☆ Hunter Biden pardon fallout and strategic timing behind Syria's reignited civil war: Morning Rundown
▼ + stars: | 2024-12-03 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

Donald Trump could use Joe Biden’s pardon of Hunter Biden for his own gain, some worry. Hunter Biden pardon gives Trump political coverPresident Joe Biden’s decision to pardon his son Hunter Biden was a move by a father to protect his son that some lawmakers said they could understand. “I’ll put it this way — if it was my son, I’d pardon him too,” Republican Sen. Tommy Tuberville said. What hasn’t resonated as widely is Biden’s stated reason for pardoning Hunter Biden. Yesterday, White House press secretary Karine Jean-Pierre defended Biden, telling reporters he believes “Hunter was singled out.

Persons: Donald Trump, Joe Biden’s, Hunter Biden, Trump, “ I’ll, I’d, Republican Sen, Tommy Tuberville, pardoning Hunter Biden, Biden, Karine Jean, Pierre, “ Hunter, “, ”, Chris Kofinis, Ty Cobb, Democratic Sen, Gary Peters, It’s, Pete Hegseth, Jamie Raskin, Jerry Nadler, Bashar al, Hayat Tahir al, Assad, haven’t, Hannah Kobayashi, Jim McDonnell, Kobayahsi, Kobayashi “, ” McDonnell, Kobayashi, they’re, Elon Musk, Russell Wilson, Leila, Alpha, you’ve, — Elizabeth Robinson Organizations: Oxford University Press, Republican, White, Democratic, Department of Justice, Justice Department, Trump White House, Committee, Syrian, Human Rights, ISIS, Congress, GOP, Los Angeles Police, Police, LAPD, Indiana University, Netflix, The Denver Broncos, NBC, Oxford Locations: Los, Hawaii, Paris, Syria, Aleppo, Russian, Russia, Iran, Lebanon, ”, U.S, Mexico, L.A, Los Angeles, San Diego, Carolina, Colorado

☆ The Broncos paid Russell Wilson $39 million to go away — now he's starting for a Super Bowl contender
▼ + stars: | 2024-12-03 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

When the Pittsburgh Steelers made the midseason decision to switch starting quarterbacks, the move wasn’t exactly celebrated. Releasing Wilson cost the Broncos $85 million combined against their salary cap this season and next — the biggest cap penalty ever. The Broncos still had to pay Wilson $39 million this year after they cut him, minus whatever salary he made if he signed with another team. That allowed Pittsburgh to scoop him for a bargain one-year, $1.21 million contract, with Wilson getting $37.79 million more from the Broncos. After having averaged 20.7 points per game with Fields, Pittsburgh is scoring 28.7 with Wilson.

Persons: Justin Fields, Mike Tomlin, signee Russell Wilson, “ I’ve, Tomlin, Mina Kimes, Kimes, Ryan Clark, Russell Wilson, ”, Marcus Spears, Clark, “, Russ, Wilson Organizations: Pittsburgh Steelers, Pittsburgh, New York Jets, Jets, Steelers, ” Former Dallas Cowboys, Denver Broncos, Broncos, Denver, NFL, Seattle Seahawks, Cincinnati Bengals, Cleveland Browns, Philadelphia Eagles, Baltimore Ravens, AFC, Kansas City Chiefs Locations: Pittsburgh

☆ Taiwan’s president visits Marshall Islands on Pacific tour of diplomatic allies
▼ + stars: | 2024-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Arriving in the Marshall Islands capital of Majuro, Lai referred to Taiwan’s indigenous inhabitants as sharing a culture with the Pacific Islands’ first settlers. “Taiwan and the Marshall Islands share a traditional Austronesia culture as well as the values of freedom and democracy,” he said in livestreamed remarks as he met President Hilda Heine. Later addressing Parliament, Lai offered financial support for the national airline to upgrade its aging fleet. “Taiwan will be happy to provide preferential loans to the Marshall Islands to purchase new aircraft for Air Marshall Islands to improve local air services,” he said. From the Marshall Islands he goes to Tuvalu for a brief trip, then a one-night stopover in the U.S. territory of Guam before going to Palau.

Persons: Lai Ching, Lai, ”, livestreamed, Hilda Heine, “, Han, Heine Organizations: Taiwan, Marshall, airline, Air Marshall Locations: Taiwan, Marshall, China, Majuro, “ Taiwan, United States, Hawaii, Tuvalu, U.S, Guam, Palau, Taipei

In 2024, the polls conducted in the last two weeks understated his support by 2.4 points on average. First, it’s possible that the polls — once again — failed to capture enough new voters or voters who changed their votes from backing Biden in 2020 to backing Trump in 2024. This is a statistical correction that pollster used this cycle to address the previous undercount of Trump voters. Properly understood, pre-election polls can play an important role in democracy by providing a sense of what outcomes seem possible. Instead, we should consider how we can use pre-election polls in ways that convey the electoral possibilities at play and better describe the uncertainties involved.

Persons: America’s, can’t, Donald Trump, pollsters, —, ’, pollsters ’, Wisconsin —, Trump, Biden, Nate Silver, It’s Organizations: NBC, Trump, Democratic, Biden, Trump voters, Gallup, Pew Research, American Association of Public Locations: “, New York, Texas, Wyoming, Nevada, Arizona, Georgia, North Carolina , Michigan, Nevada , Pennsylvania, Wisconsin, North Carolina, Michigan , Nevada , Pennsylvania, —

☆ Suspect arrested in 1997 cold case murder of New Jersey woman found in woods
▼ + stars: | 2024-12-03 | by ( Nbc New York | ) www.nbcnews.com time to read: +3 min

Decades after a woman was killed and her body was dumped in the woods of New Jersey, a suspect has been extradited from Canada to face murder charges, according to law enforcement. It was an ATV rider who had found Tignor’s body on the dirt access road that ended in a cul-de-sac, Somerset County Prosecutor John McDonald said. Bridgewater police and Somerset County investigators searched the woods for days, looking for any evidence or clues that could lead them to the killer. Tammy Tignor Somerset County Prosecutor's OfficeDNA evidence found on the Newark woman’s body provided no answers. A first-degree murder charge against Creter was authorized in May 2023, the prosecutor’s office said, but there was an issue: Creter had since moved to Winnipeg, Canada, in 2002.

Persons: Tammy Tignor, John McDonald, ”, Mike McLaughlin, Tignor, Robert Creter, Creter, McLaughlin, “, —, Creter’s, Patrick J, Callahan Organizations: ATV, Somerset, Somerset County, U.S . Department of State, Canadian, ” Prosecutors, New Jersey State Police, Creter Locations: New Jersey, Canada, Bridgewater, Washington Valley Park, Somerset County, Tammy Tignor Somerset, Newark, Somerset, Winnipeg, Somerville .

The sweeping pardon means Hunter Biden won’t face any punishment for criminal convictions in two separate cases, one involving gun charges, the other tax evasion. “They took a gamble that didn’t play out as they hoped,” former Justice Department spokesman Anthony Coley said. If he follows through, Trump may try to blunt the fallout by invoking the Biden pardon. “Joe Biden's pardon of Hunter Biden proves President Trump's signature campaign promise to end the weaponization of our justice system needs to happen,” she said, adding: “President Trump has made that promise. A judge has already ruled there is no merit to the idea that Hunter Biden is a victim of selective prosecution.

Persons: Donald Trump, Joe Biden, Hunter Biden, Biden, ”, Sen, Joe Manchin, Tommy Tuberville, I'd, Trump, he’s, “, David Weiss, Anthony Coley, Ty Cobb, Karoline Leavitt, “ Joe Biden's, Trump's, He's, Chris Kofinis, MAGA, Pam Bondi, Robert H, Jackson, it’s Biden, Mark Scarsi, Hunter Biden “, it’s Trump, Greg Stanton, …, ” Sen, Gary Peters, It’s, Peters, Karine Jean, Pierre, Biden hadn't, Douglas Brinkley, there's Organizations: WASHINGTON, Trump, NBC, Justice, Democratic, Capitol, Trump White House, Fox News, “, Justice Department, Department, U.S, Prosecutors, District, Biden, Pew Research Center, Department of Justice, White, Air Force, Rice University presidential Locations: U.S, Delaware, crosshairs

☆ Trump says he’s going to Paris in his first trip abroad as president-elect
▼ + stars: | 2024-12-03 | by ( Zoë Richards | Olympia Sonnier | ) www.nbcnews.com time to read: +1 min

President-elect Donald Trump on Monday announced plans to travel to Paris this weekend in what would be his first trip overseas since his November election win. "President Emmanuel Macron has done a wonderful job ensuring that Notre Dame has been restored to its full level of glory, and even more so. The trip marks the president-elect's first known trip outside of the U.S. since May 2023, when he visited his golf properties in Ireland and Scotland. While restoration efforts will likely be ongoing for years, Notre Dame is set to welcome visitors on Dec. 7. French President Emmanuel Macron is expected to deliver remarks that day and attend the consecration of the altar during a Mass presided over by the Archbishop of Paris Laurent Ulrich on Dec. 8.

Persons: Donald Trump, Trump, Emmanuel Macron, elect's, Archbishop, Paris Laurent Ulrich Organizations: Monday, Notre Dame Cathedral, Notre Dame Locations: Paris, France, U.S, Ireland, Scotland

And the sleuths, who have aided in those cases, have identified hundreds more rioters who weren’t featured on the Capitol Violence page and may never face justice. "Old Double Shot" uses chemical spray on police at the U.S. Capitol on Jan 6, 2021. “Old Double Shot” is one of the sleuths’ earliest identifications; they say they gave it to the FBI more than 3½ years ago. His image did appear in another Jan. 6 affidavit, NBC News reported in February, but “Old Double Shot” has never been arrested. Images of “Old Double Shot” never appeared on the FBI’s Capitol Violence website, which typically features photos of persons of interest who haven’t yet been identified to the FBI.

Persons: Donald Trump, Jan, Trump, sleuths, ”, Michael Koetting, Springfield, haven’t, “, Enrique Tarrio Organizations: WASHINGTON, White, Justice Department, NBC, Capitol, FBI, NBC News, U.S . Capitol, U.S, District of Columbia, Tea Party, Trump, Koetting Insurance, BBC, “, Violence, Proud Boys Locations: Germantown , Illinois, “, Illinois

☆ JPMorgan sees a modest market gain next year with threats coming from valuation, possible Fed hikes
▼ + stars: | 2024-12-03 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Risks may also arise as a result of "disruptive Trump policies triggering a crash landing" or sticky inflation leading to tighter financial conditions. For 2025, JPMorgan sets a 6,500 target on the S & P 500 with cumulative earnings per share pegged at $270. That suggests about 7.5% potential upside from Monday's close, after a year when the S & P 500 has soared more than 26.5%. .SPX YTD mountain S & P 500 performance this year. "[E]asing in rates should help broaden the earnings recovery within S & P 500 and across the size spectrum," Lakos-Buja said, referring to benefits accruing to mid- and small cap companies.

Persons: Dubravko Lakos, Buja, Donald Trump's Organizations: JPMorgan, U.S, Federal, U.S ., & $ Locations: China, U.S

☆ A KLM Boeing 777 turned around over the Atlantic, leaving passengers on a 4-hour flight to nowhere
▼ + stars: | 2024-12-03 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

AdvertisementA KLM Boeing 777 flying from the Netherlands to South America turned around over the Atlantic Ocean. A KLM plane U-turned over the Atlantic Ocean, leaving passengers with a four-hour flight to nowhere . The Boeing 777 left Amsterdam for Paramaribo, the capital of the small South American nation of Suriname on Sunday. But two hours into the journey and around 900 nautical miles from Amsterdam, the Boeing 777 turned around over the ocean and headed back. In late October, a British Airways Boeing 777 developed a problem over the Atlantic.

Persons: São Paulo Organizations: KLM Boeing, KLM, Boeing, Amsterdam Schiphol Airport, Aviation Herald, Passengers, American Airlines, British Airways Boeing, Air Locations: Netherlands, South America, Suriname, Amsterdam, Paramaribo, American, Dutch, Brazil, Miami, London, Air France, Canada's

☆ 'Everyone wins except the IRS' with this legal charitable donation strategy, advisor says
▼ + stars: | 2024-12-03 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Profitable stock is "one of the best targets for charitable giving" if the organization can accept it, said certified financial planner Michael Lofley with HBKS Wealth Advisors in Stuart, Florida. When filing taxes, you claim the bigger of the standard deduction or your total itemized deductions. Since 2018, there's been a higher standard deduction, and only about 10% of taxpayers itemized tax breaks on 2021 returns, according to the most recent IRS filing data. For 2024, the standard deduction is $14,600 for single taxpayers and $29,200 for married couples filing together. Your total itemized deductions must exceed those thresholds to claim the charitable deduction.

Persons: Michael Lofley, there's, Mitchell Kraus, Itemizers Organizations: Medianews, Getty, GivingTuesday Data, HBKS, Capital Intelligence Associates Locations: Stuart , Florida, Santa Monica , California

☆ I've visited 94 countries. I always follow these 4 money-saving tips when I travel.
▼ + stars: | 2024-12-03 | by ( Lola Méndez | ) www.businessinsider.com time to read: +3 min

AdvertisementI've spent years traveling to 94 countries which has taught me some great money-saving travel tips. I don't pay to check a bag when I travel, and I seek out free activities, like walking tours. Throughout my trips to 94 countries and all seven continents, I've learned a lot of ways to save money abroad — some through trial and error. Get the best deal on local currencyI don't travel with cash unless I'm going to a destination where it's difficult to access ATMs. I also check sites like GuruWalk and SANDEMANs, which offer free local walking tours around the globe.

Persons: I've, Charles Schwab Organizations: Getty Locations: Turkey, Tunisia, Jordan, Egypt, Estonia, Uruguay, Thailand

☆ Morgan Stanley has a new AI stock play, that's applying the technology to law enforcement
▼ + stars: | 2024-12-03 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Axon Enterprise could be set up for continued gains in the months ahead, according to Morgan Stanley. Analyst Meta Marshall upgraded the stock to overweight, and her price target of $700 reflects about 10% upside from Monday's close. This comes as the stock has risen more than 146% year to date. "While the name is expensive and may need to grow into valuation given run YTD, over the long term, we see it as a core holding." "As a result, we are more willing to ascribe value to AI portfolio pulling through other products, which could lead to additional valuation upside (as prelim AI portfolio pull through is likely built into price after recent run)," Marshall continued.

Persons: Morgan Stanley, Meta Marshall, Marshall, FactSet –

☆ Vivek Ramaswamy says DOGE will 'carefully scrutinize' federal loans to Tesla rivals
▼ + stars: | 2024-12-03 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

AdvertisementDOGE is set to scrutinize multibillion-dollar federal loans to two Tesla rivals. Vivek Ramaswamy said the cost-cutting body would "carefully scrutinize" loans to Stellantis and Rivian. Vivek Ramaswamy said DOGE will investigate a federal loan worth about $7.5 billion to a Tesla rival. Vivek Ramaswamy, who was tapped to lead a "Department of Government Efficiency" (DOGE) alongside Tesla CEO Elon Musk, called the Stellantis loan "illegitimate" and said it should be rescinded. Ramaswamy's comments will add to fears that Musk, who runs companies including Tesla and SpaceX, could use DOGE to interfere with rivals and regulators.

Persons: Vivek Ramaswamy, Biden, Elon Musk, Donald Trump's, Musk, Trump, Ramaswamy Organizations: Samsung, Trump administration's, Department of Government, Tesla, Republican, Department of Energy, SpaceX, Dodge, Citroen, Ford, General Motors, DOGE, Business Locations: Indiana, Georgia

☆ How UK Export Finance is supporting ethnic minority-led businesses to achieve their global ambitions
▼ + stars: | 2024-12-03 | by ( Sponsored Uk Export Finance | ) www.businessinsider.com time to read: +7 min

UK Export Finance helps ethnic minority-led businesses win, fulfill, and get paid for international business by providing guarantees, insurance and loans to support export activities. UK Export Finance (UKEF) is the UK government's export credit agency. UKEF can help ethnic minority-led businesses through its network of regional Export Finance Managers (EFMs) based around the UK. Once a business has an export plan in place, UK Export Finance can make it a reality by providing finance support. Supporting ethnic minority-led businesses to access export financeEthnic minority-led businesses contribute £25 billion to the UK economy per year, according to research from the Federation of Small Business.

Persons: Hitesh Patel, EFMs, Alissia Deane, Patel, Deane, they're, it's Organizations: Export Finance, UKEF's Export Insurance, Department for Business and Trade, Federation of Small, UK Finance, Research, The British Business Bank, London Chamber of Commerce, Venture Capital, UKEF, Department for Business, Trade, UK Export Finance, Insider Studios Locations: London, West Yorkshire, DBT, UKEF

☆ A cut internet cable on Russia's doorstep raises the prospect of more sabotage
▼ + stars: | 2024-12-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

AdvertisementDamage to two internet cables caused outages in Finland, GlobalConnect said. The severance of two overland fibreoptic cables that carry internet data between Sweden and Finland has raised fears of sabotage. AdvertisementHowever, after the recent severance of subsea cables in the Baltic, Sweden said it suspected foul play. It comes after two subsea cables, one carrying data between Germany and Finland and another between Sweden and Lithuania, were severed in late November. At the time, Finnish and German officials said at the time that they suspected the damage was caused by sabotage.

Persons: GlobalConnect, Putin, Lulu Ranne, Niklas Ekström, Carl, Oskar Bohlin Organizations: Transport, Communications, Reuters, Swedish Civil Defence Locations: Finland, Sweden, Baltic, Russia, Espoo, Helsinki, Vista, Germany, Lithuania, China

☆ More investors are turning toward the equal-weighted S&P 500 ahead of 2025
▼ + stars: | 2024-12-03 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to buy into the equal-weighted S & P 500 index. "So it's more, like I said, more of a Russell and S & P Equal Weight." RSP YTD mountain Invesco S & P 500 Equal Weight ETF Much of this year's advance has to do with the so-called Magnificent Seven stocks, which bolstered the market-cap weighted S & P 500 with their enormous size and influence. The S & P 500 is higher by more than 26% in 2024, and it surged about 24% in 2023 — a historically strong pace of gains many strategists are not expecting will repeat in 2025. The Invesco S & P 500 Equal Weight ETF (RSP) is one way for investors to play the trend, and the fund has captured nearly $4.4 billion in inflows in the past month, according to FactSet.

Persons: Jason Hunter, Russell, Savita Subramanian Organizations: JPMorgan, RSP, Nvidia, Apple, Bank of

☆ Jennifer Lopez said she wondered whether she was enough for her kids as a single mom
▼ + stars: | 2024-12-03 | by ( Erin Liam | ) www.businessinsider.com time to read: +3 min

Jennifer Lopez said she asked herself if she was enough for her kids when she was a single mom. In an interview with Entertainment Weekly published on Monday, the actor opened up about being a single mom. Related Video Why childcare has become so unaffordable"I've been a single mom at times in my life and [I've asked], 'Am I enough for them?'" In the film "Unstoppable," Lopez plays Judy Robles, the mother of NCAA wrestler Anthony Robles. In April, Ashley Espinoza, who has a daughter, wrote for BI about the loneliness of being a single parent.

Persons: Jennifer Lopez, Anthony Robles, Marc Anthony, I've, Lopez, Emme, Max, Judy Robles, Robles, he's, Kelly, Mark, Ben Affleck, Hoda Kotb, I'm, Ashley Espinoza, Sheila Hageman, she's Organizations: Entertainment, BI

☆ Why your employer might love for you to quit
▼ + stars: | 2024-12-03 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

It’s also true, however, that sometimes they would like at least some employees to quit, and not just the underperformers whom they’d otherwise like to fire. When employers might welcome your leavingThere are a myriad reasons why an employer might push people to quit. It’s worth checking, too, if the employment laws in your state impose any other restrictions on the employer. … Poor management is not illegal,” said Brian Heller, an employee-side attorney and partner at Schwartz Perry & Heller in New York. The only leverage you have in this kind of situation is not to quit, since quitting is what your employer wants, Heller noted.

Persons: can’t, It’s, Jesse Meschuk, Donald Trump, ”, Elon Musk, Vivek Ramaswamy, Trump, ” Meschuk, Meschuk, Joy Webb, Merritt Webb, you’ve, doesn’t, Chris Williams, You’re, Williams, I’m, Brian Heller, Schwartz Perry, Heller, “, Webb Organizations: CNN, Fortune, White, of Government, Wall Street, Microsoft Locations: overhiring, North Carolina, New York

☆ Beware these retailers that increased promotions more than expected throughout Black Friday weekend, BMO says
▼ + stars: | 2024-12-03 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Some retailers "promoted deeper as weekend progressed versus 2023's cadence," analyst Simeon Siegel wrote to clients in a Monday note. Siegel's comments come as investors and analysts try to determine which brands or retailers are outperforming this year, particularly as the holiday shopping season hits its stride. However, Siegel did provide a list of names that went further into discounts than was anticipated as the weekend went on. That means the company may have "underperformed its initial hopes for the outset of the holiday selling," the analyst said. After that run, the typical analyst sees shares slipping by 3% over the next 12 months, according to LSEG.

Persons: Simeon Siegel, Siegel, — Siegel, Nordstrom Organizations: BMO Capital Markets, Brands, Navy, LSEG Locations: Banana Republic

☆ A KLM Boeing 777 turned around over the Atlantic, leaving passengers on a 4-hour 'flight to nowhere'
▼ + stars: | 2024-12-03 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Persons: It's, São Paulo Organizations: KLM Boeing, KLM, Boeing, Amsterdam Schiphol Airport, Aviation Herald, Business, American Airlines, British Airways Boeing, Air Locations: Netherlands, South America, Suriname, Amsterdam, Paramaribo, American, Dutch, Brazil, Miami, London, Air France, Canada's

☆ Intel considers an outside CEO, taps headhunters, sources say
▼ + stars: | 2024-12-03 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

An outside CEO would break from tradition at the chipmaker, which has historically promoted from within. While Gelsinger was hired from VMware in 2021, he had spent decades at the company in roles of increasing seniority. Interim executive chair Frank Yeary and a board-level committee are overseeing the search for a new CEO, Intel disclosed in a regulatory filing, and the process remains in its early stages. Intel's board may opt for an internal promotion, and internal candidates could include CFO David Zinsner or Intel products chief MJ Holthaus, the interim co-CEOs. Gelsinger will receive roughly $10 million in severance, Intel disclosed in a regulatory filing.

Persons: Pat Gelsinger, Spencer Stuart, Tan, Gelsinger, Bob Swan, Swan, Marvell, Matt Murphy, Frank Yeary, David Zinsner, MJ Holthaus Organizations: Intel, VMware, Bloomberg, Reuters, Nvidia

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