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☆ Cane toads: This warty, toxic pest threatens entire ecosystems. These scientists have a secret weapon
▼ + stars: | 2024-01-19 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +12 min

For the most part, the battle against cane toads has been mounted by local ecological warriors wearing rubber gloves who scan the streets for adult toads. But the Australians have a secret weapon not yet available worldwide – a lure that attracts cane toad tadpoles so thousands can be killed in one hit. To prove the theory, and try to mimic it, they’d first need a heap of dead cane toads. “In Florida, cane toads are mainly a socio-economic issue. Northern quolls – small carnivorous marsupials – get a cane toad sausage, goannas are fed tiny live toads and freshwater crocodiles receive cane toad legs with a dose of lithium chloride.

Persons: Australia CNN —, Gary King, “ Who’s, ”, King, Australia’s, Cane, Luke, Austin Rogers, “, “ There’s, we’re, Rob Capon, Rick Shine, Capon, ” Capon, they’d, it’s, you’ve, Jacob LaFond, Steve Johnson, that’s, ” LaFond, That’s, Nikki Tomsett, ” Tomsett, they’re, Sara McAllister, Connor, John Holmes, Hilary Whiteman, Connor Holmes, John, ” John, ” Connor Organizations: Australia CNN, University of Queensland, Macquarie University . Shine, Macquarie University, University of Tampa, University of Florida, Western Australia Department of Biodiversity, CNN Locations: Brisbane, Australia, South, Central America, Queensland, United States, Japan, Philippines, Papua New Guinea, Pacific, Caribbean, United Kingdom, koalas, North Queensland, Florida, Miami, “, South Florida, Australian, Hawaii, Derby, Western Australia, Northern

☆ Hunting the Hunters: 'Saboteurs' Crash Suspected Illegal Fox Hunts
▼ + stars: | 2024-01-19 | by ( Lilian Manansala | ) www.businessinsider.com time to read: 1 min

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☆ What the duck is going on with these spending bills?
▼ + stars: | 2024-01-19 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +3 min

The duck stamp act incident of early 2024 sets up two new funding deadlines on March 1 and March 8. Short-term funding bills that keep the lights on are clearly not how the massive US government is supposed to be run. There’s been least one short-term spending bill in all but three fiscal years since 1977, according to the Congressional Research Service. Why use the duck stamp bill to fund the government? Spending bills are supposed to begin in the House, and so to make this latest stopgap measure work, senators substituted the spending bill into a House-passed bill originally having to do with the duck stamp, making it possible for duck hunters to carry an electronic as opposed to paper duck stamp during the “taking of waterfowl.”Fear not for the duck hunters.

Persons: …, Mike Johnson, Kevin McCarthy, Johnson, McCarthy, it’s, There’s Organizations: CNN, Republican Party, Senate, Congressional Research Service Locations: Washington

The National Association of Realtors said Friday that existing U.S. home sales totaled 4.09 million last year, an 18.7% decline from 2022. Despite easing mortgage rates, existing home sales fell 1% in December from the previous month to a seasonally adjusted annual rate of 3.78 million, the slowest sales pace since August 2010, the NAR said. Last month's sales pace is short of the roughly 3.83 million that economists were expecting, according to FactSet. “The latest month’s sales look to be the bottom before inevitably turning higher in the new year,” said Lawrence Yun, the NAR's chief economist. The national median home sales price rose 4.4% in December from a year earlier to $382,600, the NAR said.

Persons: Freddie Mac, ”, Lawrence Yun Organizations: ANGELES, The National Association of Realtors, NAR, Federal Reserve, Treasury Locations: U.S

☆ Migration of Alaska’s earliest people linked to woolly mammoth’s movements
▼ + stars: | 2024-01-18 | by ( Jenna Schnuer | ) edition.cnn.com time to read: +6 min

The tusk belonged to a woolly mammoth later named Élmayųujey’eh or, for short, Elma. Karen Spaleta, one of the new study's coauthors, takes a sample from a mammoth tusk found at Alaska's Swan Point archaeological site. Woolly mammoth tusks grew at a consistent daily rate, with the earliest days of the animal’s life recorded in the tip of the tusks. “The US Geological Survey has done a pretty darn good job mapping rocks in Alaska,” Rowe said. Changing the picture of hunter-gatherersThe new evidence advances more than an understanding of the early relationship between woolly mammoths and humans.

Persons: Audrey Rowe, Matthew Wooller, Wooller, Karen Spaleta, Rowe, ” Rowe, “, ” Wooller, ”, Love Dalén, Dalén, ” Dalén, Julius Csotonyi, Hunter, Jenna Schnuer Organizations: CNN, University of Alaska, university’s College of Fisheries, Ocean Sciences, Geological Survey, Palaeogenetics Locations: Alaska, Canada, United States, Elma, University of Alaska Fairbanks, Swan, Stockholm, Sweden, Anchorage , Alaska

☆ Some of the best early-stage startup investors share a common trait that should be a lesson for Silicon Valley
▼ + stars: | 2024-01-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at the best investors when it comes to early-stage companies. The big storyPicking winnersCaterina Fake, Cindi Bi, and Suleman AliInvesting can be a crapshoot, especially when it comes to early-stage companies. AdvertisementThe investors, profiled by BI's Ben Bergman, Samantha Stokes, Rebecca Torrence, and Leena Rao, have an incredible track record for early-stage investing. Silicon Valley can be known to have a herd mentality, especially when it comes to venture investors. And yet, some of the best early-stage investors have proven to have far better success going out on their own.

Persons: —, we've, Caterina Fake, Suleman Ali, BI's Ben Bergman, Samantha Stokes, Rebecca Torrence, Leena Rao, Joseph Aaron, cofounders, Tanja Ivanova, isn't, Chanos, Elon Musk, Jim Chanos, Tesla, Musk, Dan Ives, Goldman Sachs, Goldman, Brittany Hosea, Satya Nadella, Sam Altman, Philipp Schindler, Google's, Alyssa Powell, Michelle Obama, Betty White, Steve Harvey, Muhammad Ali, Benjamin Franklin, Al Capone, Calvin Harris, Charles Schwab, They've Organizations: Service, Business, Reuters, Getty, Elon, Tesla, Apple, Microsoft, Google, BI Locations: pant, San Francisco, Brittany, China, Davos, ChatGPT's

Anna Boden and Ryan Fleck remember the feeling of being the new kids at the Sundance Film Festival. “I remember being like, oh my God, this festival has been around 20 years, it’s such an old festival,” Boden said in a recent interview with The Associated Press. Their new film debuts Thursday, opening night of the 40th edition of the festival, at the storied Eccles Theater. “My favorite films are Sundance films,” Kaphar said. “That is really nourishing in a year when we’re acknowledging and marking this 40th edition of Sundance.”The Sundance Film Festival runs from Jan. 18 through Jan. 28.

Persons: Anna Boden, Ryan Fleck, they’d, Ryan Gosling, “, ” Boden, Kevin Smith, brough, ”, Steven Soderbergh, — Boden, Fleck, Marvel, dulled, Fleck’s, Pedro Pascal, Jay Ellis, Dominique Thorne, Ben Mendelsohn, Jesse Moss, Amanda McBaine’s “, Frida, Carla Gutiérrez, Gutiérrez, Frida Kahlo, ” Gutiérrez, “ Sue Bird, “ DEVO, Christopher Reeve, ” “, Mavis Beacon, Harper, Will Ferrell, Kristen Stewart, Saoirse Ronan, Kieran Culkin, Sebastian Stan, Glen Powell, Woody Harrelson, Steven Yeun, Lucy Liu, Danielle Deadwyler, Aubrey Plaza, Melissa Barrera, Laura Linney, Ejiofor, “ Rob Peace, Jay Will, Mary J, Blige, Camila Cabello, “ I’ve, ” Ejiofor, Debra Granik, Richard Linklater, Titus Kaphar, André Holland, Aunjanue Ellis, Taylor, Kaphar, John Earl Jelks, ” Kaphar, … it’s, Jesse Eisenberg, he’s, Culkin, ” Eisenberg, Eisenberg, David, Nathan Zellner, Riley Keough, Robert Redford, Joel, Ethan Coen’s, Jordan Peele’s “, Damien Chazelle’s, Eugene Hernandez, ” Hernandez Organizations: Sundance Film, Associated Press, Sundance, Eccles Theater, Amanda McBaine’s “ Girls, MacArthur, Sundance ., Eccles Locations: Park City , Utah, Brooklyn, ”, Park City, Eccles, Oakland, U.S, East Orange , New Jersey, American, Poland, Jan

LOS ANGELES (AP) — Music festival obsessives, the wait is over. The 2024 Coachella Valley Music and Arts Festival lineup is here. Lana Del Rey, Doja Cat and Tyler, the Creator will headline this year's festivities, joined by an unexpected No Doubt reunion. The band's last album, “Push and Shove,” was released 12 years ago — during the band's first reunion. Coachella Valley Music and Arts Festival returns to the Empire Polo Club in Indio, CA for two weekends: April 12 – 14 and April 19 – 21, 2024.

Persons: Lana Del Rey, Doja, Tyler, Gwen Stefani, ”, Bizarrap, Young Miko, Lil Uzi, Sabrina Carpenter, Carin, J Balvin, Lil Yachty, Reneé Rapp, Grimes, presale Organizations: ANGELES, Valley Music, Arts, Coachella Valley Music, Arts Festival, Empire Polo Club Locations: Mexican, Coachella, Indio , CA

☆ Opinion: ‘Self Reliance’ takes on American individualism at its most absurd
▼ + stars: | 2024-01-12 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +9 min

CNN —Hollywood films of diverse genres have one point in common — they’re all about the most important person in the universe. That most important person could be an amnesiac assassin fighting a mysterious government conspiracy, or some guy (or girl) seeking true love. They are the main character; everyone else is secondary. The goal of life is success and self-actualization as the main character of your own dream. He’s the most important person in a whole range of familiar narratives, all crammed haphazardly into a 90-minute run time.

Persons: Noah Berlatsky, Noah Berlatsky Noah Berlatsky, Tony Robbins, Deepak Chopra, Tim Ferriss, Marianne Williamson, Jake Johnson’s, you’d, Tommy Walcott, Johnson, Natalie Morales, Andy Samberg, John Wick, baddies, Tommy, isn’t, Maddy, Anna Kendrick, —, he’s, squinty, “, ”, Ralph Waldo Emerson, Tommy isn’t, what’s, Barbie ”, “ Oppenheimer, we’d, you’ve Organizations: CNN, Hollywood, Truman Locations: Chicago

☆ T. rex fossil is actually a species new to science, study says
▼ + stars: | 2024-01-12 | by ( Jenna Schnuer | ) edition.cnn.com time to read: +5 min

CNN —A formerly unknown relative of the most iconic of all dinosaurs, Tyrannosaurus rex, has been newly identified, according to a study released Thursday. Called Tyrannosaurus mcraeensis, the creature likely roamed Earth up to 7 million years before T. rex emerged. But Tyrannosaurus mcraeensis’ bones were discovered decades before the creature officially got its scientific name. “The lower jaw in a Tyrannosaurus rex is actually quite robust. “That set the table for when Sebastian started to look at our specimen and say, ‘Hey, these don’t actually look the same as the famous Tyrannosaurus rex specimens from places like Montana.’”

Persons: rex, mcraeensis, ”, Anthony R, Fiorillo, ” Fiorillo, Sebastian G, Spencer Lucas, Dalman, Kong ”, Sebastian, ’ Organizations: CNN, New, New Mexico Museum, Science, Springfield Science Museum, Cultural Affairs Locations: , New Mexico, New Mexico, Albuquerque, North America, Massachusetts, Montana

☆ A Chinese gaming billionaire now ranks as one of the top landowners in the US
▼ + stars: | 2024-01-10 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

AdvertisementChinese billionaire Tianqiao Chen is the US' 82nd-biggest individual landowner according to the latest edition of The Land Report. Chen owns 198,000 acres of timberland in central Oregon through his investment group – Shanda Asset Management – per the ranking. Related storiesThe land is currently owned by Shanda Asset Management, The Land Report said, citing Oregon tax records. Shanda Asset Management is a branch of the Shanda Group, an investment firm. As well as the land in Oregon and Ontario, Shanda Asset Management owns real estate in China.

Persons: Tianqiao Chen, —, Chen, Bend . Chen, Canadian Irving, Chrissy Organizations: Deschutes National Forest, Shanda Interactive Entertainment, Service, Forest, Bend ., Business, Fidelity National Financial Ventures, Forest Resources, Deschutes Land Trust, Shanda Asset Management, Shanda, Management, Bloomberg, Nasdaq, Shanda Group Locations: timberland, Oregon, Deschutes, Bend, Ontario, Canada, Canadian, China

☆ From interest rates to home demand, here's how the housing market will unfold in 2024, according to LendingTree
▼ + stars: | 2024-01-04 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Here's what the real estate firm expects for the housing market over the next 12 months. AdvertisementSoftening lock-in effectIn the last two years, homeowners have been unwilling to sell their homes because of the lower mortgage rates they secured previously. AdvertisementNo housing market crashLow rates could spark some additional homebuying, but demand will ultimately stay muted and the market will "continue to move sluggishly," according to LendingTree. A separate November survey from LendingTree found that 41% of Americans at the time expected the housing market to crash in 2024. At the same time, LendingTree maintains that the housing market will stay "prohibitively expensive" for Americans, regardless of how rates move.

Persons: —, Jacob Channel, LendingTree Organizations: Service, Business, Federal

☆ Private equity double-dips are a tasty faux pas
▼ + stars: | 2023-12-04 | by ( Aimee Donnellan | ) www.reuters.com time to read: +3 min

Private equity groups are trying something similar in the capital markets: successfully listing a company, then coming back for a second bite by buying it back once its stock craters. Take Synlab (SYAB.DE), listed at the height of a Covid-19 boom in testing by investment group Cinven. European companies listed by private equity groups since 2020 are trading, on average, at a 22% discount to their IPO price, according to data from Dealogic and Breakingviews calculations. The message from such deals, however, is that it’s better to buy a private equity-owned company after it has listed. Follow @aimeedonnellan on XCONTEXT NEWSPrivate equity firm Cinven on Sept. 29 offered 10 euros a share to take Covid test maker Synlab private.

Persons: Russell Boyce, Synlab, Cinven’s, Cinven, Sweden’s, Dr Martens, Elliott, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, Revenue, Thomson Locations: London, Britain, Cinven, France, Dealogic, Permira, Synlab

CNN —Police carried out raids on gay venues in Russia late Friday, two online Russian news outlets reported, one day after the country’s top court ruled to ban the “international LGBTQ movement” and labelled it an extremist organization. “Yesterday was the only drug raid at Hunters Party. Another source with direct knowledge of the raid on the Hunters Party pop-up told CNN it was just a routine drug raid. However, people chatting on an online group linked to the Hunters Party expressed their fear. It is now illegal in Russia to promote or “praise” LGBTQ relationships, publicly express non-heterosexual orientations or suggest that they are “normal.”

Persons: Vladimir Putin, Ostorozhno Novosti, Eyewitnesses, “, Natalia Kolesnikova, Sota, ”, Milana Petrova –, ” Petrova, Alexey Khoroshy, Khoroshy, Putin Organizations: CNN — Police, Supreme, West, Russian Telegram, Ostorozhno, Sota, Police, Telegram, Central Station, Secret, Hunters Party, Getty, Central Station Club, CNN Locations: Russia, Moscow, St, Petersburg, Ostorozhno Novosti, St . Petersburg, Young, AFP, Russian, Ukraine falters

Now, her children are fighting over who should inherit her money, pointing to conflicting wills that Ms. Williams left, including one she signed shortly before her death. It is the latest legal dispute spawned by Sue, a crown jewel of paleontology regarded as the most complete T. rex fossil ever found. Before her death in 2020, Ms. Williams had written two wills. In a 2017 will, she appointed one of her daughters, Sandra Williams Luther, as the personal representative of her estate. In another will, written in 2020, she designated that same daughter to be her sole heir and the sole executor of her estate.

Persons: Darlene Williams, Sue, Williams, Sandra Williams Luther Locations: South Dakota

An electronic board shows Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China October 25, 2022. But the extent of the political and economic jitters merely mirrors other signs of a long-term China exit well beyond portfolio flows. Earlier this month, China recorded its first-ever quarterly deficit in "bricks and mortar" foreign direct investment (FDI). What's more, a multi-year aversion to China investments then risks colliding with deteriorating long-term economic growth dynamics - heightened by rising youth unemployment and dire demographics. Despite some recent upgrades of China growth forecasts, yet another business survey this week raised red flags.

Persons: Aly, Gina Raimondo, Nicholas Lardy, Xi, Lardy, What's, Morgan Stanley, Morgan Stanley's, Mike Dolan, Paul Simao Organizations: REUTERS, Official Monetary, Financial, Reuters, . Commerce, Peterson Institute for International Economics, Thomson Locations: Shanghai, Shenzhen, China, OMFIF, Europe, North America, India, Brazil, Beijing, U.S, Washington, San Francisco

Looking to get promoted quickly or avoid being underpaid? Then find companies where managers rise through the ranks, where promotions come with bigger pay bumps, or where employees stick around and build careers. That information has been hard for employees to find. A new ranking of Fortune 500 companies seeks to help job-hunters avoid dead-end jobs. The 2023 American Opportunity Index rates companies by how well they help employees, especially those without college degrees, move into better, high-paying jobs.

Organizations: Fortune

☆ Britain sends Royal Navy ship to Gulf for security
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 30 (Reuters) - Britain has sent the Royal Navy ship Diamond to help bolster regional security in the Gulf and the Indian Ocean, the government said on Thursday. The Diamond will "work to deter escalations from malign and hostile actors who seek to disrupt maritime security", Britain said, conducting operations to ensure freedom of navigation, reassure merchant vessels and ensure the safe flow of trade. The Galaxy Leader cargo ship was seized by Yemen's Iran-backed Houthis in the southern Red Sea earlier this month. Britain already has the frigate Lancaster, three mine hunters and a Royal Fleet Auxiliary support ship in the region. Reporting by Kylie MacLellan; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Diamond, Grant Shapps, Kylie MacLellan, Grant McCool Organizations: Royal Navy, Galaxy Leader, Yemen's, British, Royal Fleet Auxiliary, Thomson Locations: Britain, Gulf, Yemen's Iran

☆ Britain Sends Royal Navy Ship to Gulf for Security Operations
▼ + stars: | 2023-11-29 | by ( Nov. | At P.M. | ) www.usnews.com time to read: 1 min

LONDON (Reuters) - Britain has sent the Royal Navy ship Diamond to help bolster regional security in the Gulf and the Indian Ocean, the government said on Thursday. The Diamond will "work to deter escalations from malign and hostile actors who seek to disrupt maritime security", Britain said, conducting operations to ensure freedom of navigation, reassure merchant vessels and ensure the safe flow of trade. The Galaxy Leader cargo ship was seized by Yemen's Iran-backed Houthis in the southern Red Sea earlier this month. "It is critical that the UK bolsters our presence in the region, to keep Britain and our interests safe from a more volatile and contested world," British Defence Secretary Grant Shapps said. Britain already has the frigate Lancaster, three mine hunters and a Royal Fleet Auxiliary support ship in the region.

Persons: Diamond, Grant Shapps, Kylie MacLellan, Grant McCool Organizations: Royal Navy, Galaxy Leader, Yemen's, British, Royal Fleet Auxiliary Locations: Britain, Gulf, Yemen's Iran

☆ US Thanksgiving weekend sales hit record $38 bln on big discounts - report
▼ + stars: | 2023-11-28 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +2 min

Shoppers crowd a Walmart store ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. Online consumer spending jumped 7.8% during Cyber Week, or the five days from Thanksgiving through Cyber Monday, according to data from Adobe Analytics, outstripping initial expectations for a 5.4% rise. But blockbuster deals rolled out from Thanksgiving Day through Cyber Monday helped spread the holiday cheer for bargain-hunters. Sales on Cyber Monday jumped a better-than-expected 9.6% to a record $12.4 billion, as shoppers clicked "buy" on Hot Wheels toys, PlayStation 5, smart watches and kitchen appliances. Reuters GraphicsAdobe said discounts peaked at 31% for electronics and at 27% for toys on Cyber Monday, which is typically the biggest online shopping day in the U.S.

Persons: Kamil Krzaczynski, Vivek Pandya, trouncing, Klarna, Deborah Sophia, Juby Babu, Pooja Desai Organizations: Walmart, REUTERS, Adobe Analytics, Deloitte, Adobe Digital, Graphics Adobe, Thomson Locations: Chicago , Illinois, U.S, Bengaluru

Nov 28 (Reuters) - Spending online on Cyber Monday is set to exceed $12 billion, a record, as bargain hunters snap up deals on items including Barbie dolls, Lego sets, headphones and smart watches, according to preliminary estimates from Adobe Digital Insights. The estimate projects U.S. shoppers will spend $12 billion-$12.4 billion on Cyber Monday, the biggest U.S. online shopping day. At the top end, this would represent an 9.7% increase compared to the $11.3 billion spent on Cyber Monday last year. Walmart, eager to capture market share, slashed prices on Sunday night, joining the trend of retailers' early discounts on major shopping days. On Monday, Walmart stepped up discounts on some clothing to 60%, up from the 50% it offered on Black Friday.

Persons: Barbie, Nancy Tengler, Eduardo Munoz, Matthew Katz, Charles Sizemore, Sizemore, Siddharth Cavale, Deborah Sophia, Aishwarya Venogupal, Ananya Mariam Rajesh, David Gregorio, Nick Zieminski, Matthew Lewis, Lincoln Organizations: Adobe Digital, Retailers, Adobe Analytics, Investments, Shoppers, Workers, REUTERS, SSA & Company, Walmart, Sizemore Capital Management, Target, Graphics, Insider Intelligence, Thomson Locations: Scottsdale , Arizona, United States, Robbinsville Township, New Jersey, U.S, New York, Bengaluru

☆ Morning Bid: Treasuries gobbled up, oil braces for OPEC
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 17, 2023. Benchmark Treasury yields fell back more than 10 basis points to 4.37% after a total of $109 billion of 2 and 5-year notes hit the Street on Monday without much disruption. Another weak U.S. housing readout, with sub-forecast new home sales last month, perhaps flattered the post-auction moves. That's likely a mixed blessing for Federal Reserve watchers - the continued buoyancy of consumption but with increasing price discrimination. Fed futures priced about 85bps of rate cuts through next year, starting in June, though many major banks expect even more.

Persons: Brendan McDermid, Mike Dolan, That's, Hong, Louis, Christopher Waller, Michelle Bowman, Michael Barr, Austan Goolsbee, Christine Lagarde, Philip Lane, Dave Ramsden, BoE, Jonathan Haskel, Hewlett Packard, Ed Osmond Organizations: New York Stock Exchange, REUTERS, Treasuries, Treasury, Adobe Digital, Federal Reserve, Louis Fed, U.S . Treasury, Richmond Fed, Dallas Fed, . Treasury, Chicago Fed, European Central Bank, ECB, Bank of England, Citi Trends, Fluence Energy, Reuters, Reuters Graphics Reuters, Thomson Locations: New York City, U.S, Asia, Europe, United States, China, New York, St, Uxin, Canaan, Elbit

☆ She bought a house without using a realtor. Did you?
▼ + stars: | 2023-11-28 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Diem Nguyen recently bought a home near San Francisco without using a real-estate broker. AdvertisementIn October, Diem Nguyen bought a home in the San Francisco Bay Area for $1.6 million — without a realtor. About 88% of homebuyers this year used a real-estate agent, Zillow found . Have you bought a home without a real-estate agent? (Aalto does have a team of real-estate agents working behind the scenes, but they are salaried rather than paid by commission.

Persons: Diem Nguyen, —, Aalto, Buyers, Nguyen, Zillow, Sellers, Jordan Pandy, Ilyce Glink, Samuel J, Tamkin Organizations: Service, San Francisco Bay Area, country's, Buyers, Rocket Mortgage, Washington Post, Sarasota Herald, Tribune Locations: San Francisco, San Francisco Bay, California, Washington, Zillow, Sarasota

☆ US Thanksgiving weekend sales hit record on big discounts, online boost
▼ + stars: | 2023-11-28 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +3 min

More than 200 million shoppers tapped into promotions both in-store and online during the Thanksgiving weekend, the National Retail Federation (NRF) said on Tuesday. That was a jump from the 196 million shoppers seen last year and trumped the trade association's estimates of 182 million. Online shoppers rose 3.1% to 134.2 million, making up for a slight dip in the number of customers who visited brick-and-mortar stores. The weekend saw about 121.4 million in-store shoppers, down from 122.7 million in 2022, according to the retail body. Adobe said discounts peaked at 31% for electronics and at 27% for toys on Cyber Monday, which is typically the biggest online shopping day in the U.S.

Persons: Kamil Krzaczynski, Matthew Shay, Vivek Pandya, trouncing, Klarna, Deborah Sophia, Juby Babu, Pooja Desai Organizations: Walmart, REUTERS, Adobe Analytics, Deloitte, National Retail Federation, Shoppers, Adobe Digital, Adobe, Thomson Locations: Chicago , Illinois, U.S, Bengaluru

Spending online on Cyber Monday is set to reach as much as $12.4 billion, according to Adobe Digital Insights, which tracks data through Adobe's Experience Cloud service for e-commerce platforms. Last-minute shoppers on Monday could spend $4 billion between 6 p.m. and 11 p.m. EST alone, it said. Other firms use different measurements to gauge purchases on Cyber Monday, the biggest online shopping day of the year in the United States. Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service, said online sales on Cyber Monday were up by 4% by 4 p.m. EST, hitting $7 billion by late afternoon. Walmart, eager to capture market share, slashed prices on Sunday night, joining the trend of retailers' early discounts on major shopping days.

Persons: Salesforce, Eduardo Munoz, Brian Yacktman, Charles Sizemore, Sizemore, Siddharth Cavale, Deborah Sophia, Aishwarya Venogupal, Ananya Mariam Rajesh, David Gregorio, Nick Zieminski, Matthew Lewis Organizations: Adobe Digital, Adobe, Commerce, Shoppers, Workers, REUTERS, YCG Investments, Nike, Black, Sizemore Capital Management, Walmart, Amazon, Graphics, Insider Intelligence, Thomson Locations: United States, Robbinsville Township, New Jersey, U.S, New York, Bengaluru

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