Even Christmas trees aren’t immune to the pandemic-induced shortages and inflation plaguing the economy. Extreme weather and supply chain disruptions have reduced supplies of both real and artificial trees this season. American shoppers should expect to have fewer choices and pay up to 30% more for both types this Christmas,… Read More
Christmas shoppers navigate shortages with mixed results
Like many shoppers, Kathleen Webber understands the struggles of getting the right gifts for her three children this holiday shopping season amid widespread shortages. She promised to buy her 23-year-old son the Sony Corp. PlayStation 5, but he hasn’t been able to get his hands on the popular game console…. Read More
MLB owners lock out players in first work stoppage since 1995
Major League Baseball plunged into its first work stoppage in a quarter-century when the sport’s collective bargaining agreement expired Wednesday night and owners immediately locked out players in a move that threatens spring training and opening day. The strategy, management’s equivalent of a strike under federal labor law, ended the… Read More
‘Buy now, pay later’ gains popularity this Christmas
As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments. Fueled by several hot Silicon Valley startups as well as a push by the big credit card companies, “buy now, pay later”… Read More
Omicron quashes travel industry’s hope for a comeback
Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant. From shopping districts in Japan and tour guides in the Holy… Read More
Lawmakers consider breaking up Facebook; Haugen weighs in
U.S. lawmakers are putting forward proposals to curb social media giants by limiting their free-speech protections against legal liability. Their efforts are coming after a former Facebook product manager presented a case that the company’s systems amplify online hate and extremism and fail to protect young users from harmful content…. Read More
Facebook ordered to sell off subsidiary in anti-trust suit
The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and advertisers by stifling competition for animated images. The Competition and Markets Authority said Tuesday that the deal would let Facebook… Read More
Anonymous man offers $1K for President Harding’s stolen dog collar
A radio station serving U.S. President Warren G. Harding’s Ohio hometown says a reward offered by one of its listeners is providing new hope of finding a long lost dog collar stolen from his historic home. Scott Spears, host of a morning radio show on WWGH-FM in Marion, near the… Read More
Twitter founder Jack Dorsey steps down as CEO… again
Twitter co-founder Jack Dorsey has stepped down as CEO of the social media platform. He has been succeeded by Twitter’s current chief technology officer, Parag Agrawal. Dorsey will remain on the board until his term expires in 2022. Agrawal joined Twitter in 2011 and has been CTO since 2017. Sponsored:… Read More
Mixed Nu’s: Global stocks vary amid spread of Omicron variant
European stocks and oil prices rebounded Monday while Asian markets fell further after the coronavirus’s omicron variant was found in more countries and governments imposed travel controls. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong declined, though losses were smaller than Friday’s fall after reports the variant first… Read More
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