Month: August 2024

Macy’s lowers annual sales forecast in the face of retail challenges

Macy’s lowers annual sales forecast in the face of retail challenges

Macy's on Wednesday announced a downward revision to its annual sales forecast, acknowledging difficulties in attracting discerning shoppers and the need for more promotions. Despite beating Wall Street expectations for earnings, the popular department store chain reported lower-than-expected revenue for the quarter. The company now expects its net sales to be between $22.1 billion and $22.4 billion, down from the previously estimated range of $22.3 billion to $22.9 billion. This change also signals a potential year-over-year decline from the $23.09 billion reported in fiscal 2023. Macy's forecasts a decline in comparable sales, which measures performance excluding new or closed stores,…
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Efforts to distribute polio vaccines in Gaza amidst conflict

Efforts to distribute polio vaccines in Gaza amidst conflict

In a major public health boost, Gaza has received a shipment of polio vaccines aimed at protecting more than 640,000 children from the virus, marking the first such effort in 25 years due to a recently reported case. The United Nations, along with Israeli and Gaza health officials, are coordinating this critical initiative. The campaign, led by UNICEF and supported by the World Health Organization and UNRWA, includes the distribution of 1.2 million doses of polio vaccine. The Ministry of Health in Gaza has confirmed the arrival of the vaccines and is preparing for a large-scale vaccination campaign targeting children…
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Austin tops the world ranking for nightlife in the U.S.

Austin tops the world ranking for nightlife in the U.S.

AUSTIN, Texas — From the bustling streets of Dirty Sixth Street to the vibrant Warehouse District and eclectic Red River Cultural District, Austin has been named the top nightlife destination in the United States, according to a global survey conducted by Time Out, a popular lifestyle and entertainment guide. Survey insights and methodology Time Out engaged thousands of participants in hundreds of global cities to explore and rank the world’s best nightlife spots. Respondents were asked to rate various aspects of their local nightlife scenes, including the quality and diversity of venues and events. Austin emerged as the best city…
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National Affordable Airfare Day: top 3 strategies to get cheap airline tickets

National Affordable Airfare Day: top 3 strategies to get cheap airline tickets

With the end of the summer travel season comes the celebration of National Affordable Airfare Day, which encourages travelers to look for cheap flights. Despite its name, this day does not necessarily guarantee the lowest prices on tickets. Katy Nastro, a travel specialist at Going, points out that “There’s no single day when airfares hit their lowest point. That’s just a myth.” According to Nastro, the optimal time to book flights varies depending on your planned travel dates. This ideal booking window, known as the Goldilocks window, strikes a balance: it’s not too early and not too late. For domestic…
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Tribute to Wilt Chamberlain: honoring a basketball titan on his birthday

Tribute to Wilt Chamberlain: honoring a basketball titan on his birthday

Today marks what would have been the 88th birthday of Wilt Chamberlain, a towering figure in basketball history. The NBA Hall of Famer holds an extraordinary record of over 70 NBA wins, highlighting his dominance at both the professional and collegiate levels. His time at Kansas in particular showcased his early prowess, setting the stage for his NBA legacy where he emerged as the sport’s original titan, securing four MVP titles and 13 All-Star selections. In a nostalgic reflection, FOX Sports Research looks back at some of the most remarkable performances from its 14-year NBA saga. Discovering Wilt Chamberlain's 5…
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U.S. Ambassador warns of risks of proposed judicial elections in Mexico

U.S. Ambassador warns of risks of proposed judicial elections in Mexico

In a recent statement, U.S. Ambassador to Mexico Ken Salazar expressed concern over a proposed judicial reform in Mexico, supported by President Andrés Manuel López Obrador. The reform, which includes the direct election of more than 7,000 judicial positions, including judges and Supreme Court justices, is seen as a significant threat to the country's democratic integrity. The proposal has sparked considerable controversy and led to widespread protests among judicial employees, who began a nationwide strike this week. The Mexican Congress, dominated by the president’s party, is set to vote on the changes in September. “With my lifelong experience and commitment…
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Google’s 0 million initiative to strengthen California newsrooms

Google’s $250 million initiative to strengthen California newsrooms

In a game-changing move, on August 21, 2024, Google, along with a major news industry group and several key California lawmakers, unveiled a collaborative five-year plan. The initiative, set to inject up to $250 million into the state’s journalism sector, aims to address the financial strain newsrooms face as readers migrate digitally. The funding mix includes contributions from Google, state taxpayers and potentially other private sources. The strategic partnership is designed to circumvent a proposed state law that would require tech giants to compensate news outlets for the use of their content in ads on these platforms. Gov. Gavin Newsom…
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Key stock market movements in after-hours trading: highlights from Cava, Uber, Ross Stores, Workday and more

Key stock market movements in after-hours trading: highlights from Cava, Uber, Ross Stores, Workday and more

Explore noteworthy changes in the stock market after the close of trading: Cava Group — The fast-casual restaurant chain saw its stock price rise nearly 6% after hours as its earnings beat projections. Cava’s earnings came in at 17 cents a share, beating LSEG forecasts by 4 cents, with revenue also beating expectations. Uber — Shares of the ride-sharing giant fell about 3% after announcing a long-term partnership with General Motors’ Cruise for autonomous vehicle services. The partnership aims to introduce driverless ride options to Uber’s service offerings by next year. Meanwhile, General Motors enjoyed a slight boost, with its…
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Emerging pandemic threats: Are we sufficiently prepared?

Emerging pandemic threats: Are we sufficiently prepared?

Recent developments have heightened global health concerns, as the World Health Organization recently classified a new mpox outbreak in Africa as a global health emergency. A day later, Sweden confirmed its first case of a particularly virulent strain of the disease, underscoring the reality that the threat of a global pandemic persists. Monkeypox, formerly known as Mpox, has seen a dramatic increase in cases across Africa, with a 160 percent increase in the first seven months of this year compared to the same period in 2023. To date, the continent has reported more than 15,600 cases with 537 deaths, the…
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John Sterling could rejoin Yankees to commentate on playoffs after retirement

John Sterling could rejoin Yankees to commentate on playoffs after retirement

Sources close to WFAN reveal that John Sterling, the iconic voice of the Yankees for more than three decades, is considering returning to the commentary booth for New York Yankees playoff games. John Sterling, 86, retired in early April after a distinguished 36-year career with the Yankees, marked by a celebratory retirement ceremony. His place was subsequently filled by commentators Rickie Ricardo, Justin Shackil and Emmanuel Berbari. Sterling briefly reunited with Suzyn Waldman in the Yankees’ commentary booth this week, where they commentated on several innings together. Discussions about his potential postseason return are expected soon with Audacy New York…
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