US department store Macy’s says rogue staffer concealed more than $130m (£103m) in company costs over roughly three years, causing it to delay the release of its latest accounts. Macy’s, also the owner of Bloomingdales and the make-up chain Bluemercury, said it was postponing its quarterly sales update as it investigates the incident. The person … Read more
The New York Jets’ shake-ups went from the sidelines to the front office this season with former general manager Joe Douglas being among the casualties of an unexpected season. The Jets fired Douglas following the team’s Week 11 loss to the Indianapolis Colts. It was the second dismissal of the season following the firing of … Read more
The bodies of eight people, including six children, have been recovered after a migrant boat sank off the Greek island of Samos, the coastguard has said. Around 40 people were rescued by authorities during an operation in the Aegean Sea involving aircraft and vessels, authorities said. Strong winds have been complicating rescue efforts. An official … Read more
Black Friday, infamous for its flashy advertisements, major discounts and deal-driven mall brawls, has grown into a mainstay shopping holiday – but how did the sales bonanza get its name? You may have heard that the name is a reference to a welcome boom in sales for retailers, who go from operating at a loss, … Read more
WASHINGTON — The Supreme Court won’t hear a challenge to a federal requirement that cigarette packages and advertising include graphic images demonstrating the effects of smoking. The high court declined to hear the case in a brief written order handed down Monday. Tobacco company R.J. Reynolds appealed to the high court after the 5th U.S. … Read more
The Marshall Thundering Herd picked up a close win over the Old Dominion Monarchs, 42-35, on Saturday night to maintain its lead over Georgia Southern in the Sun Belt Conference East. Talk around the crucial win quickly shifted after the game when the ESPN broadcast caught one Thundering Herd player getting into a scuffle with … Read more
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024. Stefani Reynolds | Bloomberg | Getty Images The U.S. stock market appeared to cheer President-elect Donald Trump’s presumptive nominee for Treasury secretary, who told CNBC earlier this month that he sees … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jason Furman, former Council of Economic Advisers chairman under Obama, and Doug Holtz Eakin, former Congressional Budget Office director, join ‘Squawk Box’ to discuss what government efficiencies can get done through executive actions, if DOGE can reach its goals, and much more. … Read more
Billionaires are funding the creation of life-extending pills that will eventually hit the market for people to buy, according to a CEO — and he says it’ll turn the rich in to “posh, privileged zombies.” The chilling warning comes amid fears that AI and biotechnology are evolving at such a rapid pace that anti-aging tablets … Read more
