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News
One Tech Tip: New iPhones arrive, but you can keep your old phone longer by caring for it
2+ day, 14+ hour ago (1045+ words) Or save money by holding on to your current device, whether it is Apple or Android, to get the most life out of it. As smartphone technology has matured and innovations have become more incremental, people have stopped buying into…...
What's open on Labor Day? Most retailers. Closed? Government, banks and the stock market.
1+ week, 19+ hour ago (388+ words) The first U.S. Labor Day celebration took place in New York City on Sept. 5, 1882. Some 10,000 workers marched in a parade organized by the Central Labor Union and the Knights of Labor. A handful of cities and states began to adopt laws…...
Struggling GoPro sells majority stake to optical maker Starman for $285 million
1+ week, 4+ day ago (399+ words) Starman Optical, a privately held firm that makes optical transceivers in the U.S. for use in AI data centers, would get a 90% stake in GoPro under the deal announced on Tuesday, with existing shareholders of the camera company owning the rest....
France targets Shein and Temu with fast fashion fines
1+ week, 5+ day ago (373+ words) The penalties – part of a fast-fashion law passed in June that aims to address environmental concerns from overproduction – range from €0.25 (30 U.S. cents) for a pair of boxer shorts or socks to €12 ($14) for a coat, with the amount capped at…...
US-Taiwan ties 'never been stronger', top diplomat in Taipei says
1+ week, 6+ day ago (333+ words) While the U.S., like most countries, has no formal diplomatic relations with Chinese-claimed Taiwan, it is the island’s most important international backer and arms supplier. Taiwanese companies have been investing billions of dollars in the U.S., led by TSMC’s $265 billion investment…...
China's CXMT to supply memory chip for Xiaomi's upcoming folding phone
2+ week, 1+ day ago (216+ words) HONG KONG, Aug 29 (Reuters) – China’s top memory chipmaker, CXMT, will supply its latest LPDDR6 DRAM chips for Xiaomi’s upcoming flagship folding phone, the companies said on Saturday. Xiaomi, one of the world’s largest smartphone makers, confirmed the plan on its official…...
Kohl's sales fall as retailer cites 'persistent financial pressures' on shoppers
2+ week, 3+ day ago (590+ words) By Anuja Bharat Mistry, Shania S Thomas and Danielle Kaye The company’s shares, which had already fallen about 13% so far this year, dipped in volatile morning trading before paring back losses. Despite growth in categories including home goods and youth…...
Abercrombie raises full-year forecasts on robust apparel demand, shares jump
2+ week, 3+ day ago (324+ words) By Angela Christy M The New Albany, Ohio-based company entered the crucial back-to-school shopping season with momentum at Hollister, its teen-focused brand, which has historically benefited from seasonal spending. That back-to-school momentum at Hollister continued to build as the company…...
Target faces renewed backlash after stocking Halloween costume with???minstrel show features???
2+ week, 4+ day ago (821+ words) Retailer Target pulled a children’s Halloween costume from its shelves Monday after widespread social media backlash, apologizing for selling a garment critics said evoked racist minstrel caricatures. Critics say the costume, along with its promotional image of a Black child…...
US shoppers tighten budgets, but still find room for treats and splurges
3+ week, 1+ day ago (726+ words) By Juveria Tabassum and Anuja Bharat Mistry Aug 21 (Reuters) – Walmart’s disappointing sales and Home Depot’s strength among budget-conscious do-it-yourselfers indicate middle-class American consumers are growing more tight-fisted, even as wealthier shoppers have kept supporting luxury brands like Ralph Lauren. Earnings…...