Month: February 2024
NATO nations around the world scramble to deny ground troops will go into Ukraine following Moscow warns of 'inevitable' conflict
Russian President Vladimir Putin speaks just after signing bilateral documents with his Kazakh counterpart Kassym-Jomart Tokayev in Astana, Kazakhstan, on Nov. 9, 2023. Turar Kazangapov | Reuters France’s recommendation that Ukraine’s allies could most likely send floor troops into Ukraine has triggered indignation and outrage in Russia, with officers warning that it could provoke a […]
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Macy's will close about 150 department stores, but open new locations of better performing chains
People shop at the Macy’s store on Herald Square on January 19, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images As Macy’s chases sales growth, the department store operator said Tuesday that it will close about 150 of its namesake stores and open more shops with better locations […]
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This startup promises its new homes will produce a lot more strength than they use
The homebuilding industry is in a race to make its residences environmentally cleaner and more electrical power effective. True estate as a full is a large carbon offender. Both of those the building and procedure of properties account for 40% of world-wide carbon emissions. Solar panels and power-successful appliances assist reduce emissions, but more needs […]
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Sony to lay off 900 workers from PlayStation division, or 8% of unit's world wide workforce
Sony aims to sell 18 million PlayStation 5 consoles in its money year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Illustrations or photos Sony Interactive Amusement on Tuesday said it will lay off about 900 workers in its PlayStation unit, or 8% of its world-wide workforce, getting to be the most up-to-date […]
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Four motives Walmart needs to obtain intelligent Tv set maker Vizio
A employee walks past televisions, which includes the Vizio brand, on exhibit in a Walmart Supercenter on February 20, 2024, in Hallandale Seashore, Florida. Joe Raedle | Getty Visuals Walmart is performing some purchasing of its have. The retail giant announced very last 7 days that it ideas to purchase smart Television set maker Vizio […]
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Viking Therapeutics stock jumps 80% after positive weight loss drug trial results
Cr | Istock | Getty Images Shares of Viking Therapeutics soared more than 80% in premarket trading Tuesday after the company’s experimental weight loss drug showed promising initial results in a mid-stage trial. Viking Therapeutics is one of several small obesity drugmakers hoping to enter the budding weight loss drug industry, which analysts say could […]
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AI startup Glean lures Citigroup as investor at $2.2 billion valuation following earnings quadruples
Arvind Jain, co-founder and CEO of Glean, tends to make a selfie with staff of the startup, which is based mostly in Palo Alto, Calif. Glean Synthetic intelligence startup Glean attracted tech companies Databricks and Workday into its most current investment decision round. The Silicon Valley business also reeled in hard cash from Wall Street. […]
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Huawei spinoff Honor acquiring a wise ring immediately after Samsung debuts its possess wearable
George Zhao, Main Executive Officer of Chinese purchaser electronics manufacturer Honor, smiles as he reveals the new Honor Magic 6 Professional smartphones throughout a presentation on the eve of the Cell Globe Congress (MWC), the telecom industry’s most important yearly collecting, in Barcelona on February 25, 2024. Pau Barrena | Afp | Getty Photos BARCELONA […]
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Macy’s posts another quarter of falling sales as it unveils strategy to get back to growth
The Macy’s logo is seen at its store in Herald Square in New York City on Jan. 19, 2024. Michael M. Santiago | Getty Images Macy’s on Tuesday said sales fell nearly 2% in the holiday quarter, as the 166-year-old department store operator unveiled its strategy to get back to growth. Here’s what Macy’s reported […]
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Lowe's beats earnings estimates as sales fall — and the company expects revenue to slide again this year
The Lowe’s logo is displayed on the front of the store near Bloomsburg. Paul Weaver | Lightrocket | Getty Images Lowe’s on Tuesday beat Wall Street’s quarterly earnings and revenue estimates, even as the company continued to see customers tackle fewer home projects. The home improvement was going up against lower expectations for its fourth […]
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