Month: January 2024

CVS to close ‘select’ pharmacies in Target stores in the coming months
CVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the U.S. struggle to boost profits. The closures will begin in February and finish by the end of April, the spokesperson said in a statement. She added that employees affected by the […]
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Google Cloud launches new generative AI tools for retailers
Sopa Visuals | Lightrocket | Getty Photos Google released many new instruments for stores making use of generative artificial intelligence to enhance on the web procuring ordeals and other retail operations, its cloud small business declared in a release Thursday. The suite of new goods consists of a generative AI-driven chatbot that vendors can use […]
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Trump demo are living updates: Ex-president insults judge in courtroom rant
Closing arguments are underway in a New York court docket for the civil company fraud trial of former President Donald Trump two of his sons and their company, the Trump Corporation. New York Attorney Typical Letitia James accuses Trump and the other defendants of scheming to falsely inflate the stated values of much more than […]
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Amazon's Audible unit lays off about 5% of team
Amazon‘s Audible division is reducing roughly 5% of its personnel in an energy to position the unit “for ongoing success,” the govt overseeing the division advised workforce Thursday. “We did not acquire this route with out considerable considered,” Audible CEO Bob Carrigan wrote in a memo to staffers that was seen by CNBC. “But acquiring […]
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Bitcoin mining stocks tumble following the cryptocurrency briefly touches $49,000
Bloomberg | Bloomberg | Getty Photos Bitcoin miners fell Thursday, giving again earlier gains, as the value of the cryptocurrency retreated in unstable investing subsequent the U.S. Securities and Exchange Commission’s approval of the first U.S. location bitcoin trade-traded resources. The two most significant mining stocks, Marathon Digital and Riot Platforms, each lost additional than 15%. Wall Avenue favorites […]
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U.S. deficit tops 50 percent a trillion bucks in the 1st quarter of fiscal yr
The U.S. Treasury setting up in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Visuals The U.S. authorities ran up a further 50 percent a trillion dollars in pink ink in the initially quarter of its fiscal 12 months, the Treasury Department documented Thursday. For the interval from October 2023 by […]
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New York and California make retail theft a 2024 priority: 'We mean business'
The governors of New York and California announced sweeping plans to crack down on retail crime this week, as trade associations and police departments lobby for government action to curb theft. The plans include new legislation designed to increase the penalties for retail crime offenses and more funding for police departments and district attorney’s offices […]
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From Sam Altman to Emmanuel Macron: Who's going to Davos 2024?
Blend showing Sam Altman, CEO of OpenAI (L), Ursula von der Leyen, President of the European Fee (C), and Javier Milei, President of Argentina (R). Reuters The global elite are pulling on their snow boots and firing up their non-public jets for the Environment Financial Forum in Davos, Switzerland. The 2024 WEF, titled “Rebuilding Belief,” […]
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Feds demand eBay more than personnel who sent dwell spiders and cockroaches to few corporation to pay back $3M
eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Visuals On the web retailer eBay Inc. will fork out a $3 million fantastic to solve criminal prices over a harassment campaign waged by staff who sent live spiders, cockroaches and other disturbing items to the dwelling of a Massachusetts few, in accordance to court docket papers filed Thursday. […]
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Crimson Sea crisis could jeopardize inflation battle as shipping and delivery prices spike globally
A ship transits the Suez Canal to the Crimson Sea on January 10, 2024 in Ismailia, Egypt. Sayed Hassan | Getty Pictures U.S. shipping fees are spiking as assaults in the Purple Sea disrupt global trade, boosting fears that inflation might decide up once again if the disruption persists. The diversion of container ships from […]
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