Author name: Michael

“Upcoming undercover documentary exposes Helgstrand Dressage, coinciding with stud’s announcement of welfare improvement measures.”

Leading Danish stud Helgstrand Dressage has unveiled “points of improvement” regarding its ethical business practices and treatment of animals in advance of the airing of a TV show that was recorded by an undercover journalist dressing up as a groom. The Secrets of the Horse Billionaire, an Operation X documentary based on material shot with […]

“Upcoming undercover documentary exposes Helgstrand Dressage, coinciding with stud’s announcement of welfare improvement measures.” Read More »

Marquette’s turnovers, Kansas’ scoring, and insights on Zach Edey: Takeaways from Maui.

In men’s college basketball, the Maui Invitational is a November tradition, and the 2023 edition was unmatched by previous Invitationals. The event this year took place in Honolulu, approximately 80 miles away from Maui, because of the destructive wildfires that destroyed Lahaina in August. The Lahaina Civic Center, the customary host location, continues to play

Marquette’s turnovers, Kansas’ scoring, and insights on Zach Edey: Takeaways from Maui. Read More »

NFL solidifies commitment to X partnership amid mounting criticism of hate speech on Elon Musk’s social platform.

The National Football League is sticking with X, which was formerly known as Twitter, despite a backlash from advertisers against Elon Musk’s website due to hate speech and antisemitism. According to NFL Media and Business Chief Brian Rolapp, “I think X is in a very difficult business because of the content moderation that they have

NFL solidifies commitment to X partnership amid mounting criticism of hate speech on Elon Musk’s social platform. Read More »

Lowe’s reduces sales forecast due to decreased homeowner projects; shares decline.

Following a decline in consumer spending on do-it-yourself projects that resulted in a nearly 13% year-over-year decline in sales during its fiscal third quarter, Lowe’s lowered its sales projection for the entire year on Tuesday. On Tuesday, the company’s shares dropped by roughly 3%. According to the home improvement retailer, its current projection for sales

Lowe’s reduces sales forecast due to decreased homeowner projects; shares decline. Read More »

American Eagle shares drop 16% due to disappointing holiday forecast.

American Eagle’s stock fell by almost 16% on Tuesday following the release of an unimpressive holiday forecast by the company. American Eagle anticipates sales growth in the high single digits for the holiday quarter, exceeding the 3.4% growth in sales that analysts had projected, as reported by LSEG. However, according to Street Account, it anticipates

American Eagle shares drop 16% due to disappointing holiday forecast. Read More »

October saw a 13-year low in home sales accompanied by a rise in prices.

According to the National Association of Realtors, sales of previously owned homes decreased 4.1% in October from September to October at a seasonally adjusted annualized rate of 3.79 million units. Since August 2010, the sales pace had not been this low. A lesser decline to 3.9 million units was anticipated by analysts. Sales decreased 14.6%

October saw a 13-year low in home sales accompanied by a rise in prices. Read More »

Best Buy trims sales outlook amid holiday bargain hunting.

Best Buy reduced its sales projection for the entire year on Tuesday as it gets ready for budget-conscious holiday shoppers and weathers a period of slower demand. While revenue was lower than expected, the retailer of consumer electronics outperformed Wall Street’s expectations for quarterly earnings. Best Buy stated that it has revised its revenue projections

Best Buy trims sales outlook amid holiday bargain hunting. Read More »

Ford trims $3.5 billion Michigan battery plant plans due to sluggish EV demand and escalating labor costs.

Ford Motor is reducing its plans for a $3.5 billion battery plant in Michigan due to labor cost increases, a slower-than-anticipated shift in consumer preference toward electric vehicles, and cost-cutting measures. The facility was originally announced in February by Ford executives, including Chair Bill Ford and CEO Jim Farley. Its ties to Contemporary Amperex Technology

Ford trims $3.5 billion Michigan battery plant plans due to sluggish EV demand and escalating labor costs. Read More »

Nuuly, a clothing rental service, achieves profitability, surpassing Rent the Runway to reach this milestone

Thanks to a consistent influx of new customers and an astounding 86% increase in revenue, Urban Outfitters’ clothing rental service Nuuly managed to turn a profit for the first time. This achievement came before rival Rent the Runway, which has not turned a profit in almost 15 years of operation. During its fiscal third quarter,

Nuuly, a clothing rental service, achieves profitability, surpassing Rent the Runway to reach this milestone Read More »

Rising temperatures fuel the silent pandemic of superbugs, hindering efforts to curb their deadly spread.

It is already acknowledged that drug-resistant superbugs are one of the biggest threats to public health that humanity faces today, and it is feared that global warming will make it more difficult to halt their sneaky spread. The World Health Organization has dubbed antimicrobial resistance (AMR) the “silent pandemic.” AMR is a rapidly spreading global

Rising temperatures fuel the silent pandemic of superbugs, hindering efforts to curb their deadly spread. Read More »

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