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Us retail sales unexpectedly fall in December amid surging prices
U.S retail sales unexpectedly declined in December, suggesting consumers are pulling back on spending as they face surging prices ... ... flat at 0%. The Commerce Department figures show an increase of 0.2% in November. Consumer spending, a key component of the nation's gross domestic product, decreased by 3.1% last month, which excludes automobiles, gasoline, building materials and food ...
Updated: 01/14/2022
Target, SAS cancels NRF plans for super spreader event amid COVID outbreak
... said it had reduced team travel and its execs, including President of Target Foundation Amanda Nusz, would now host virtual sessions. SAS, which sponsored at least eight sessions, announced on Twitter that it was also participating virtually. The National Retail Federation 's NRF Big Show is the latest major convention to push forward with plans that could lead to a potential super spreader event, as the Omicron variant of COVID 19 has been ripping through New York. Nearly 70 attendees, including some Samsung ...
Updated: 01/14/2022
COVID 19: what is happening around the world
... two new COVID drugs by Eli Lilly, GlaxoSmithKline and Vir Biotechnology for coronavirus patients, adding more treatment choices as the fast-spreading Omicron strain renders many ineffective. The UN health agency panel supported Lilly's baricitinib, retailed under the brand name Olumiant, for patients with severe COVID along with corticosteroids. The panel endorsed GSK-Vir's anti-serious therapy for non-serious patients at the highest risk of hospitalisation. The deaths of 2,40, 000 people in India ...
Updated: 01/14/2022
COVID 19: Polish researchers identify gene doubles risk of serious illness with virus
... COVID drugs by Eli Lilly, GlaxoSmithKline and Vir Biotechnology for coronavirus patients, adding more treatment choices as the fast-spreading Omicron strain renders many ineffective. The UN health agency panel on Thursday endorsed Lilly's baricitinib, retailed under the brand name Olumiant, for patients with severe COVID along with corticosteroids. The panel endorsed GSK-Vir's anti-serious therapy for non-serious patients at the highest risk of hospitalisation. A UN report claimed that the COVID-19 ...
Updated: 01/14/2022
Supreme Court stays illegal COVID vaccine mandate for small businesses
... shortage, Ortiz went on to say. By granting this stay, the Supreme Court has freed small businesses to focus on bringing the economy back to its pre-pandemic peak. The Supreme Court stayed OSHA's stringent and unprecedented ETS despite the fact that the National Retail Federation has a strong and consistent position regarding the importance of vaccines in helping to overcome the epidemic, the Supreme Court decision to stay OSHA's onerous and unprecedented ETS is a significant victory for employers. NRF and other plaintiffs ...
Updated: 01/13/2022
Amazon union vote to be held in Alabama next month
... Alabama will begin casting their ballots next month in a second union vote after a federal agency ruled that the company illegally interfered with an election that took... ... year, some 3,000 of the 6,000 eligible workers voted on whether to unionize with the Retail , Wholesale, and Department Store Union, or RWDSU. The effort was defeated by... ... 2 to 1. In early April, RWDSU said it planned to file official objections with the National Labor Relations Board NLRB on the day the votes were tallied, claiming that...
Updated: 01/13/2022
5 things to know before the stock market opens Tuesday
... downgraded Jan 11 Reuters U.S. stock indexes gained ground on Tuesday with Nasdaq leading the advance as investors were relieved that Federal Reserve Chair Jerome Powell's testimony to Congress did not include any major surprises. IBM was down after UBS downgraded ... ... went up. The S&P snapped a five day slump, while the Nasdaq added to Monday's little gain. After an early session sell-off, retail investors were looking for bargains and had started the week with an afternoon comeback that strategists blamed for the ...
Updated: 01/11/2022
The FBI is ramping up efforts to stop domestic terror
... disturbed individual was able to build, test and detonate such a large and sophisticated device using materials he purchased in retail stores, much like two anti-government radicals did when they blew up a federal building in Oklahoma City in 1995. As part of its response, the Department of Homeland Security and the FBI have teamed ... ... most pressing terrorist threat to the safety of Americans. The assistant attorney general in charge of the Justice Department's National Security Division told Congress that he was creating a new domestic terrorism unit and that the number of investigations ...
Updated: 01/11/2022
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