The smartest insight and analysis, from all perspectives, rounded up from around the web: Retailers are blaming rampant shoplifting for their shrinking bottom lines, said Hamza Shaban in Yahoo.com. “In waves of earnings calls” last week, major store chains like Dick’s Sporting Goods, Target, Macy’s, Home Depot, and Dollar Tree took pains to mention “the…
Given the ubiquitous profile that Google — and its evolved corporate umbrella entity Alphabet — enjoys across multiple industries today, it can be easy to forget that the company whose very name has become synonymous with the act of looking things up online has only been around since 1998. In that time, Google has gone from…
The Biden administration on Tuesday unveiled the first 10 drugs subject to Medicare price negotiations, promising billions of dollars in savings for the federal government and the nine million Medicare beneficiaries taking at least one of the popular medications. Medicare has been banned from directly negotiating lower drug prices since 2003, but the Inflation Reduction…
Given the ubiquitous profile that Google — and its evolved corporate umbrella entity Alphabet — enjoys across multiple industries today, it can be easy to forget that the company whose very name has become synonymous with the act of looking things up online has only been around since 1998. In that time, Google has gone from…
The smartest insight and analysis, from all perspectives, rounded up from around the web: Sky-high prices for luxury rooms Hotel prices are rising to unprecedented heights, especially for five-star stays, said Nikki Ekstein in Bloomberg. Prices at brands like Holiday Inn and Best Western have risen 19% in the U.S. and 32% in Europe since…
The smartest insight and analysis, from all perspectives, rounded up from around the web: Amazon reminded investors last week that it’s no Big Tech afterthought, said Spencer Soper in Bloomberg. The retail giant “pulled off a financial double play this earnings season,” generating big earnings growth while cutting spending. The results sent shares soaring to…
Hawaii’s historic wildfires have caused devastation throughout Western Maui, and more than 1,000 people are missing while another 100 have died, per Axios. Because of this, locals have been vocal about restricting tourism, especially while search and rescue operations are underway, encouraging tourists to cancel their trips. However, many Hawaii natives have been against tourism in…
The not-so-glamorous Instagram life of a US senator | View caption Hide caption Wait, what – no private jet? Far from it. View caption Hide caption “One of the funniest ones was when my plane got grounded in Washington,” he says, coming across a June 2019 post when he banded together with two software engineers,…
Here are three of the week’s top pieces of financial insight, gathered from around the web: A terrible gold deal for retirees Gold IRAs are no safe haven, said Jeremy B. Merrill and Hanna Kozlowska in The Washington Post. Gold IRA investment companies like Lear Capital and Hartford Gold Group typically promote their products as…
The National Transportation Safety Board (NTSB) and Federal Aviation Administration (FAA) said Saturday they were investigating a near miss between a Southwest Airlines flight and a private plane, the latest in a string of narrowly avoided accidents in the skies. The incident occurred Friday at San Diego International Airport. According to both agencies, a Cessna 560X…