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☆ Why Dick's Sporting Goods succeeded where Sports Authority failed
▼ + stars: | 2023-02-08 | by ( Darren Geeter | ) www.cnbc.com time to read: +5 min

The most significant player in the space, Dick's Sporting Goods, controls an estimated 14.2% of the market, the most by a single company. Dick's Sporting Goods was founded in 1948 by 18-year-old Dick Stack who had just $300 in his pocket when he opened his first store. In the 1990s, the company expanded its offerings to include more sports, outdoor equipment, apparel and footwear, and by 1996, there were 50 Dick's Sporting Goods stores. While Dick's Sporting Goods was expanding, its archrival Sports Authority was on the verge of collapse. Dick's Sporting Goods' momentum continued well into 2021 as the company set new records.

☆ India's Kalyan Jewellers Q3 profit rises on strong festive demand
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Feb 7 (Reuters) - Kalyan Jewellers India Ltd (KALN.NS)reported a near 11% rise in quarterly profit on improved demand during the festive season and said the ongoing wedding season is pushing sales higher. Demand picked up in the quarter during the festive season when Indians spend heavily on big-ticket items such as cars, electronic appliances, and jewellery. The Indian jeweller's consolidated net profit rose to 1.49 billion rupees ($18.02 million) for the third quarter that ended Dec. 31 from 1.35 billion rupees ($16.33 million) a year earlier. Revenue increased 13% to 38.84 billion rupees, boosted by sales at newly opened showrooms. Kalyan's earnings outshine its Tata Group-owned larger rival Titan Co Ltd (TITN.NS), which last week reported a surprise fall in profit.

☆ Elon Musk says he is 'deeply appreciative' of the jury that cleared him in the Tesla trial, tweeting 'Thank goodness'
▼ + stars: | 2023-02-04 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Elon Musk was cleared Friday by a federal jury over his "funding secured" 2018 tweet to take Tesla private. "Thank goodness" the billionaire tweeted late Friday night following the verdict by a federal jury of nine individuals in the civil trial. Musk's 2018 tweet, which pushed Tesla's shareholders to launch the costly legal battle against him, read: "Am considering taking Tesla private at $420. Funding secured." Musk told jurors in January that he trusted Al-Rumayyan's verbal promises, which led to the "funding secured" tweet about taking Tesla private.

☆ McCarthy's dream job could become a nightmare
▼ + stars: | 2023-01-07 | by ( David Morgan | ) www.reuters.com time to read: +6 min

But that role could turn into a nightmare because it requires leading a caucus that strongly rejects leadership. He told reporters on Friday night that he would be a more effective leader because of the drawn-out process. So now we'll be able to get the job done," McCarthy said. The Congressional Leadership Fund, a group tied to him, contributed more than $160 million to help Republican House candidates. McCarthy sent candidates $6.5 million from his own campaign and four other entities under his control, according to his campaign team.

☆ McCarthy's dream of being U.S. House speaker faces a political nightmare
▼ + stars: | 2023-01-03 | by ( David Morgan | ) www.reuters.com time to read: +5 min

McCarthy has spent his adult life in politics, first as a congressional staffer and then state legislator before being elected to the House in 2006. At the same time, McCarthy, who has been House minority leader since 2019, would need to work with a Democratic Senate and the Biden White House on must-pass legislation. House Republicans and Democrats will then move quickly to a floor election for speaker, at which McCarthy will need support from a majority of members present to obtain the top congressional post. But already there is speculation that incoming House Majority Leader Steve Scalise or conservative leader Jim Jordan could emerge as a Republican compromise candidate. The House Freedom Caucus is pushing for rule changes that would make it easier to control the speaker and enhance the hard-line group's influence within the Republican conference.

☆ Here's how to know if your company's layoff policy is a 'good' one
▼ + stars: | 2022-12-30 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +5 min

1 piece of advice when given a layoff offer is to not sign any document on the spot when you're first notified. After you've had time to process the emotional, financial, and mental changes that a layoff brings, here's how to know whether your company's layoff offer is a good one or not, and if it's time to negotiate for a better one. "If it's paid out in a lump sum, sometimes it's nice to get your layoff money and find a new job," Bryan said. If you're still getting a check from the company, Bryan said you can still say you're employed at the company on your resume. "If you were valuable to the company, you might be able to get additional money, or ask for additional money," Bryan said.

☆ Liverpool's Klopp hails 'unstoppable' Nunez despite lack of goals
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: +1 min

Klopp said he had been around long enough in football not too lose any sleep over Nunez's recent scoring record. "There are so many other things that are much more important because we look back at strikers and you cannot imagine some of the chances strikers who I worked with missed," he said. "The work rate he put in, the spaces he creates, he's unstoppable in the moment. Klopp said he is being patient with the 23-year-old, who also failed to score in three games at the World Cup. "He will score goals, I have no doubt about that," said the German.

☆ Vivid new photos give you a rare look at the South China Sea islands that a top US commander says China has fully militarized
▼ + stars: | 2022-12-26 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Beijing has used both natural and artificial islands to build up its military capabilities in the area. Island airbasesAn airfield, buildings, and structures on the artificial island built by China at Subi Reef on October 25. Port for Chinese warshipsAn airfield, buildings, and structures on the artificial island at Fiery Cross Reef on October 25. More than 40 vessels of different types appear to be anchored near Fiery Cross, the Associated Press said in March. These islands have sports fieldsAn airfield, buildings, and recreational facilities on the artificial island at Fiery Cross Reef on October 25.

☆ Six battleground states will hold the key to the White House in 2024
▼ + stars: | 2022-12-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +12 min

AP Photo/Andrew HarnikGeorgia2012 margin: Romney +7.8%2016 margin: Trump +5.1%2020 margin: Biden +0.2%For decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won the state by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. AP Photo/Matt RourkePennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%Biden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. AP Photo/Andy Manis, FileWisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%2020 margin: Biden +0.6%Wisconsin is one of the most politically-divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.

☆ VIDEO: Washington Post staffers shouted at the CEO after he announced layoffs but refused to say who will get the boot
▼ + stars: | 2022-12-15 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A video shows Washington Post staffers shouting at the company's CEO at a town hall meeting. Gowen said the video is from a colleague, and she took it from the Washington Post Guild's chat. At the town hall, Ryan said job cuts will probably be in the "single-digit percentage." The Washington Post Guild did not immediately respond to Insider's request for comment ahead of publication. "The Washington Post is evolving and transforming to put our business in the best position for future growth," Kathy Baird, chief communications officer at The Washington Post, said in a statement on Tuesday.

☆ U.S. Justice Department reportedly split over charging Binance as crypto world falters
▼ + stars: | 2022-12-12 | by ( ) www.cnbc.com time to read: +15 min

Justice Department regulations say that money laundering charges against a financial institution must be approved by the MLARS chief. Binance's defense attorneys at U.S. law firm Gibson Dunn have held meetings in recent months with Justice Department officials, the four people said. Faced with the Justice Department investigation, Binance hired an external lawyer from U.S. law firm Paul Weiss, Roberto Gonzalez, who was previously Treasury's deputy general counsel. The Justice Department appointed Eun Young Choi, previously Monaco's senior counsel, as NCET's first director. MLARS has a reputation in the Justice Department for moving slowly in reaching prosecution decisions, people familiar with its activities said.

Justice Department regulations say that money laundering charges against a financial institution must be approved by the MLARS chief. Binance's defense attorneys at U.S. law firm Gibson Dunn have held meetings in recent months with Justice Department officials, the four people said. Faced with the Justice Department investigation, Binance hired an external lawyer from U.S. law firm Paul Weiss, Roberto Gonzalez, who was previously Treasury's deputy general counsel. MLARS has a reputation in the Justice Department for moving slowly in reaching prosecution decisions, people familiar with its activities said. Day met with Justice officials in Washington in recent months, three of the people said.

"Ayan has established business contracts to sell Iranian oil worth hundreds of millions of dollars to buyers," in China, the United Arab Emirates and Europe, the statement says, adding that he then funneled the proceeds back to the Quds Force. The Treasury action will freeze any U.S. assets of those designated and generally bar Americans from dealing with them. Washington maintains sweeping sanctions on Iran and has looked for ways to increase pressure as efforts to resurrect a 2015 nuclear deal with Tehran have stalled. The 2015 agreement limited Iran's uranium enrichment activity to make it harder for Tehran to develop nuclear arms in return for lifting international sanctions. Reporting by Humeyra Pamuk Editing by Don Durfee and Howard GollerOur Standards: The Thomson Reuters Trust Principles.

☆ Gen Z founders are changing the way many employers address their workers' mental health
▼ + stars: | 2022-12-08 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

Many Gen Z founders are creating better workplaces for themselves and their staff. They're placing a large emphasis on supporting their employees' mental health and wellness. The generation is "leading the way to so many dramatic transformations around how we as a society are addressing mental health," she said. Samantha SyboWhile the young generation has made waves in mental health, Gen Z founders aren't immune to the emotional damage that comes with promoting a business online. Gen Z employees expect this progress in the workplaceYan and his two cofounders launched Simplify in 2020 to help job seekers land roles.

☆ Partner of US veteran killed fighting for Ukraine says its army never told her and she found out from Facebook
▼ + stars: | 2022-12-06 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

A US Army veteran was killed in July while volunteering to defend Ukraine from Russia's invasion. Bryan Young's partner, Maria Lipka, told Insider that she found out about his death on Facebook. His partner, Maria Lipka, told Insider that she only found out about Young's death from a message sent to her on Facebook. "No one, absolutely no one informed me," she told Insider. Lipka told Insider that Young said he needed to go to Ukraine to help fight off the Russian invasion because it was his duty to protect the free world.

☆ Delivering bad news to your coworkers is never easy. College classes and executive coaches are trying to teach how to do it.
▼ + stars: | 2022-12-01 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

He hoped to learn how to better manage business success, business failure, and his mental health. He added: "Because a lot of those are what contributes to the difficulty in mental health for founders." "As a founder, balancing mental health and the success of the company almost seem opposite," Yan said. "Small triggers may affect your mental health," like when cofounders are angry at one another or when the staff is underperforming, he said. "When you don't deal directly with problematic employees, you're sending the clear message to others that their work doesn't matter," she said.

☆ Soccer Last-gasp double keeps Iran in World Cup after Wales thriller
▼ + stars: | 2022-11-25 | by ( Martin Petty | ) www.reuters.com time to read: +1 min

AL RAYYAN, Qatar, Nov 25 (Reuters) - Iran scored twice in the final moments of stoppage time to keep alive their hopes of reaching the World Cup knockout stages for the first time with a thrilling last-gasp victory over a stunned 10-man Wales. Wales, who had keeper Wayne Hennessey sent off late in the match, looked to have survived the Iranian onslaught in their Group B encounter at Al Rayyan's Ahmad Bin Ali Stadium, before substitute Rouzbeh Cheshmi found the net and Ramin Rezaeian sealed the win with seconds left. Iran had come out fighting in the second half and hit the post twice in a matter of seconds, with Sardar Azmoun's shot rebounding to Ali Gholizadeh, whose follow-up cannoned off the upright and back to the waiting Azmoun, who headed tamely into keeper Hennessey's hands. Iran, whose World Cup squad has been distracted by a political crisis at home, came close again on 72 minutes when Hennessey got a fingertip on Saeid Ezatolahi's shot, then piled on the pressure after Hennessey was sent off for dangerous play when he charged out of his area and clattered into the onrushing Mehdi Taremi. Reporting by Martin Petty; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Conservative-led governments in oil-producing Alberta and Saskatchewan are demanding Liberal Prime Minister Justin Trudeau's government cede more power on issues from climate policy to gun control. Provinces already manage non-renewable natural resources, while the federal government has some jurisdiction over the environment. Alberta's proposed legislation "undermines the authority and duty of the sovereign nations that entered into treaty," Treaty 8 First Nations Grand Chief Arthur Noskey said in the statement. First Nations only agreed in treaties to share their land to "the depth of a plow," said Chief Bobby Cameron of Saskatchewan's Federation of Sovereign Indigenous Nations, meaning agreements did not cover oil or minerals deeper underground. The backlash against Alberta and Saskatchewan sovereignty mirrors Indigenous opposition to Quebec's attempt to secede from Canada in a 1995 referendum which it narrowly lost.

Speaking to reporters this week, Brown reaffirmed that he intends to seek a fourth term. Jai Chabria, Vance’s chief campaign strategist, said he expects the “floodgates to open” with candidates eager to take on Brown. Dolan’s pitch to county chairs this week leaned into frustrations that Republicans have vented toward Trump after disappointing midterm results. For Brown, this year’s midterm elections in Ohio have yielded a more unpleasant set of questions than the last. “He is a different beast than Tim Ryan, because Tim Ryan was a Xerox of a Xerox of Sherrod Brown,” Chabria said.

☆ Read the pitch deck the chiplet startup Eliyan used to raise $40 million from investors like Tracker, Intel, and Micron
▼ + stars: | 2022-11-15 | by ( Jacob E. Robbins | ) www.businessinsider.com time to read: +3 min

Eliyan raised a $40 million Series A round led by Tracker Capital, Intel, and Micron. Eliyan, a startup in Santa Clara, California, is making technology allowing chips to interconnect, is trying to address that problem and raised a $40 million Series A round on Tuesday led by Tracker Capital, Intel, and Micron. Since the semiconductor industry is long entrenched, Farjadrad knows convincing more big players to adopt Eliyan's technology will be important. "We created a lot of excitement in these companies," Farjadrad said. Read the 19-slide pitch deck Eliyan used to raise a $40 million Series A:

☆ NFL roundup: Vikings prevail in OT thriller vs. Bills
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +9 min

The NFC South-leading Buccaneers (5-5), who entered last in the league with an average of 61 rushing yards per game, exceeded that by 100. Chiefs 27, Jaguars 17Patrick Mahomes threw four touchdown passes to four different receivers as Kansas City captured a win over visiting Jacksonville. Aaron Rodgers threw three touchdown passes to rookie Christian Watson, and the Packers rallied from a 14-point, fourth-quarter deficit to spoil Mike McCarthy's return to Lambeau Field. Jimmy Garoppolo had 240 yards passing and a rushing TD for the 49ers (5-4). After missing a game because of a hamstring issue, 49ers wideout Deebo Samuel had two receptions and 27 yards rushing.

Vance is facing off against Democratic Rep. Tim Ryan in Ohio. Vance faced off against Democratic Rep. Tim Ryan in Ohio to represent the state in the US Senate. 2022 General EmbedsOhio's US Senate race candidatesVance is a venture capitalist, veteran, and author who rose to prominence following the publication of his book, "Hillbilly Elegy," which delves into Vance's childhood and upbringing in Ohio. In 2020, prior to running for the Senate, Ryan ran for the Democratic presidential nomination. Vance raised $12 million, spent $9 million, and had $2.9 million of cash left on hand as of October 19.

Democrat Pat Ryan is running against Republican state Rep. Colin Schmitt in New York's 18th Congressional District. Democrat Rep. Pat Ryan faces off against Republican state Rep. Colin Schmitt in New York's 18th Congressional District. New York's 18th Congressional District candidatesRyan is the former county executive of Ulster County in New York. In addition to winning the special election in the 19th, Ryan handily defeated his Democratic primary opponents in New York's 18th Congressional District, bringing in over 80% of the vote. Voting history for New York's 18th Congressional DistrictNew York's 18th Congressional District is located in the Hudson Valley and encompasses the cities of Newburgh, Poughkeepsie, and Kingston.

☆ Tim Ryan doubles down on his go-it-alone strategy in Ohio's crucial Senate race as Democratic leaders campaign elsewhere: 'They don't need to rescue me. I need to rescue them'
▼ + stars: | 2022-11-05 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

Democratic Senate hopeful Tim Ryan is facing off against Trump-backed challenger JD Vance in Ohio. He added, somewhat defiantly, "They don't need to rescue me. Fans of Democratic Ohio Senate hopeful Rep. Tim Ryan chat in front of his campaign bus during a rally in Xenia, Ohio on November 4, 2022. "We don't need people from the outside coming in to sell us something, because his message is so strong," Saul added. Matheny said, adding that it "shows working-class people that you don't need all that extra money in your pocket."

☆ Ohio Republicans focused on winning a battleground Senate race still find things to admire in Tim Ryan just days before the crucial midterm elections
▼ + stars: | 2022-11-04 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

Senate hopefuls JD Vance and Tim Ryan are making their closing pitches to Ohio voters. Some Buckeye State Republicans give Democrat Ryan points for his fighting spirit. Ohio Senate hopeful JD Vance mingles with local Republicans during Ohio GOP's bus tour stop in Zanesville, Ohio. She can't say the same for Vance, who Drenan claims waffled about abortion in his final debate with Ryan. "That's how dissatisfied I am with Republicans right now."

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