Amazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or go on strike between Black Friday and Cyber Monday, two of the marquee shopping promotions of the year, according to organizers. The planned “Make Amazon Pay” demonstrations are intended to…
Abercrombie & Fitch isn’t giving up its crown anytime soon. The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter of results that topped expectations. The recent arrest of the company’s former CEO, Mike Jeffries, on charges of sex trafficking did not…
Incoming US President Donald Trump has proposed the application of a 25 percent tariff on all imports from Canada and Mexico on his first day in office, sparking concerns over possible economic implications. “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents…
Reddit is ramping up efforts to attract more users outside of the U.S., putting countries like India and Brazil in focus as it looks to unlock new advertising opportunities, a top company executive told CNBC. In a wide-ranging interview, Jen Wong, chief operating officer of Reddit, said other platforms have 80%…
The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney’s “Moana 2” is set to hit theaters Wednesday and generate between $120 million and $150 million in box office receipts in the U.S.…
Shares in a little-known drone company soared Wednesday after announcing that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando, Florida-based firm born just two years ago as it acquired a drone manufacturer and a separate drone retailing firm, announced the appointment in an early-morning press release.…
Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed a GOP sweep, seems to be giving them the fuel to do so. On Tuesday, Best Buy reported one of its worst three-month stretches of the past decade,…
John Tinniswood, the world’s oldest man, has died at the age of 112. Tinniswood died on Monday at a care home in Southport, England, according to a news release from Guinness World Records (GWR) on Tuesday. “His last day was surrounded by music and love,” his family told GWR in…
With a Hezbollah-Israel ceasefire on the horizon, an 18-year-old United Nations resolution has resurfaced as a blueprint for ending the war. The 60-day cessation of hostilities aims to implement UN Security Council Resolution 1701, with the hope that it could form the basis of a lasting truce. Resolution 1701 was…
Three bodies were recovered on Tuesday morning from a tourist boat which capsized off Egypt’s Red Sea coast, and rescue teams were still searching for 13 missing people, the Red Sea provincial governor, Amr Hanafi, told Reuters. The boat, the Sea Story, capsized on Monday near the Sataya Reef, carrying…