Designer Brands, Lands’ End, Salesforce and more

Designer Brands, Lands' End, Salesforce and more

Store front view of Lands’ End opening of the NYC Pop-Up on Vererans Day with the Bob Woodruff foundation on November 11, 2015 in New York City. Brian Bedder | Getty Images Check out the companies making headlines before the bell: Designer Brands (DBI) – The footwear retailer’s shares slide 15.6% in the premarket after … Read more

House votes to avert rail strike, impose deal on unions

House votes to avert rail strike, impose deal on unions

WASHINGTON (AP) — The US House moved urgently to head off the looming nationwide rail strike on Wednesday, passing a bill that would bind companies and workers to a proposed settlement that was reached in September but rejected by some of the 12 unions involved. The measure passed by a vote of 290-137 and now … Read more

Tesla’s dominance of EVs is eroding as cheaper cars hit the market

Tesla's dominance of EVs is eroding as cheaper cars hit the market

You’re here is still the top-selling electric vehicle brand in the US, but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Global Mobility. The data firm found that Tesla’s market share of new registered electric vehicles in the US stood at 65% … Read more

Rail unions decry, businesses praise Biden’s call for Congress to block strike

Rail unions decry, businesses praise Biden's call for Congress to block strike

New York CNN Business — President Joe Biden was in the unusual position Tuesday of being praised by business interests and attacked by his normal allies in the labor movement after calling for Congress to move immediately to block a strike by more than 100,000 union members at the nation’s freight railroads set for the … Read more

Great Barrier Reef should be placed on the ‘in danger’ list, UN-backed report shows

Great Barrier Reef should be placed on the 'in danger' list, UN-backed report shows

CNN — The Great Barrier Reef should be added to the list of world heritage sites that are “in danger”, a team of scientists concluded after conducting a mission to the world’s largest coral reef system. In a new UN-backed report released on Monday, the scientists said that the reef is facing major threats due … Read more

China markets fall as protests erupt over Covid lockdowns

China markets fall as protests erupt over Covid lockdowns

hong kong CNN Business — China’s major stock indices and its currency traded sharply lower on Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment. Hong Kong’s Hang Seng (HSI) Index fell as much as 4.2% in early trading. It has since pared some losses and closed down … Read more

Apple has a huge problem at Foxconn’s iPhone factory in China

Apple has a huge problem at Foxconn's iPhone factory in China

hong kong CNN Business — A violent workers’ revolt at the world’s largest iPhone factory this week in central China is further scrambling Apple’s strained supply and highlighting how the country’s stringent zero-Covid policy is hurting global technology firms. The troubles started last month when workers left the factory campus in Zhengzhou, the capital of … Read more

Walmart shooter left ‘death note,’ bought gun day of killing

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CHESAPEAKE, Va. — The Walmart supervisor who shot and killed six co-workers in Virginia left behind what he called a “death note” on his phone that apologized for what he was about to do while simultaneously blaming others for mocking him. “Sorry everyone but I did not plan this I promise things just fell in … Read more

Syed Asim Munir: Pakistan names former spy chief as new head of army

Syed Asim Munir: Pakistan names former spy chief as new head of army

Islamabad, Pakistan CNN — Pakistan on Thursday named former spy chief Lt. Gen. Syed Asim Munir as chief of the South Asian country’s army, ending weeks of speculation over an appointment that comes amid intense debate around the military’s influence on public life. Munir, the country’s most senior general and a former head of the … Read more

Owner of gay club: Shooting comes amid a new ‘type of hate’

Owner of gay club: Shooting comes amid a new 'type of hate'

COLORADO SPRINGS, Colo. (AP) — The co-owner of the Colorado Springs gay nightclub where a shooter turned a drag queen’s birthday celebration into a massacre said he thinks the shooting that killed five people and injured 17 others is a reflection of anti-LGBTQ sentiment that has evolved from prejudice to incitement. Nic Grzecka’s voice was … Read more