Walmart says new Trump tariffs could raise prices

A Walmart store in Martinez, California, US, on Monday, Nov. 18, 2024. Walmart Inc. is scheduled to release earnings figures on November 19.  David Paul Morris | Bloomberg | Getty Images Walmart‘s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take…

Jersey Mike’s sandwich chain is acquired by private equity firm Blackstone

Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone NEW YORK — Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone. The transaction is “intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.S. market,” the…

Australian tourists hospitalized after apparent severe alcohol poisoning in Laos party town

VANG VIENG, Laos — Two Australian tourists are being treated in Thailand for suspected severe alcohol poisoning after consuming tainted drinks in neighboring Laos, Australian media reported Tuesday. The two 19-year-old women were on a backpacking vacation in Laos when they became ill in the tourist town of Vang Vieng, The Age newspaper in the…

With ‘Squid Game 2,’ Netflix doubles down on international appeal

Is Netflix a universal language? The entertainment giant is counting on it as the company seeks to extend its lead in the global streaming business. On Monday, Netflix showcased its latest slate of international original programs, which are a key part of its strategy to attract and retain subscribers around the world. The list includes…

Walmart’s promise of low prices proves to be a powerful draw in the third quarter

NEW YORK — Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could. The nation’s largest retailer raised its outlook for the year as well and shares rose nearly 4% in premarket trading Tuesday. Walmart, based…

With Trump vowing deportations, Los Angeles workers look for help

A line of immigrant workers formed outside an office building in Koreatown on a recent Friday afternoon. They followed makeshift signs to a small courtyard, where scores of volunteer lawyers, translators and other staff helped them apply for a little-known federal program that offers an unusual — and probably fleeting — reprieve from deportation. Under…

Hollywood workers rebel at affordable housing complex

Dozens of tenants at an affordable housing complex for arts and entertainment workers are in rebellion amid a dispute over a rent increase and other alleged issues at the Hollywood property. A group of residents at the Hollywood Arts Collective released a statement Thursday accusing Thomas Safran & Associates, the property management company, and the…

German soccer club Werder Bremen stops posting on X citing rise of hate speech

BREMEN, Germany — German soccer club Werder Bremen is the second Bundesliga team to stop posting on X, citing a rise in hate speech since Elon Musk bought the social media platform. Werder announced the decision after a club meeting late Monday, following St. Pauli’s decision last week also to post instead on the Bluesky…

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