Target Q2 sales ebb on inflation, Pride shopper backlash and it cuts profit outlook
Published Sun, 24 Nov 2024 22:08:53 GMT
NEW YORK (AP) — Target’s second quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.The Minneapolis retailer expects high interest rates, which makes credit cards more expensive to use, and higher prices on food to continue to put a strain on customers and on Wednesday, the chain cut its profit and sales expectations for the year. In lowering its forecast, Target also cited the end of the student loan moratorium, which had provided one-time college students a little more financial breathing room. Profit came in above expectations, however, as the Minneapolis chain brought inventories closer in line with cautionary spending on discretionary items by customers. Shares rose 8% in pre-market trading before the opening bell Wednesday despite trimming profit expectations for the year. Target is among the first major U.S. retailers to report quarterly financial results and the impact of rising pric...Pickering casino dealer accused of cheating with players; 4 people charged
Published Sun, 24 Nov 2024 22:08:53 GMT
Four GTA residents are facing dozens of charges after a table dealer at a Pickering casino allegedly cheated with a group of players.The Ontario Provincial Police (OPP) say a joint investigation with the Alcohol and Gaming Commission of Ontario (AGCO) began on Aug. 3 after they were notified of allegations that a dealer at Pickering Casino Resort had colluded with patrons.Four people were charged as a result of the investigation.OPP say 24-year-old Sandeep Sogi from Scarborough is facing nine charges, including four counts of cheating at play and four counts of fraud over $5000.Three others are facing 12 charges each, including four counts of cheating at play, four counts of fraud over $5000 and four counts of property obtained by crime over $5000:Sukhvir Singh, 28, from MississaugaDeepak Kakkar, 30, from BramptonAnchhu Kumar, 24, from Brampton Police say the four suspects have been released from custody and are scheduled to appear in an Oshawa courtroom at a later date.The inv...Wholesale sales excluding petroleum products and oilseeds and grains down in June
Published Sun, 24 Nov 2024 22:08:53 GMT
OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products and other hydrocarbons and excluding oilseed and grains, fell 2.8 per cent to $80.5 billion in June.The agency says a drop in the miscellaneous subsector led the decline in June as it fell 7.3 per cent to $10.3 billion, weighed down by a 19.4 per cent drop in the agricultural products industry group to $3.3 billion.The machinery, equipment and supplies subsector fell 4.2 per cent to $17.8 billion.Meanwhile, the motor vehicle, parts and accessories subsector dropped 3.1 per cent to $13.2 billion as the motor vehicles industry group fell 4.3 per cent to $10.6 billion.In constant dollars, sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grains, fell 3.7 per cent in June.Statistics Canada began including the oilseed and grain industry group as well as the petroleum and petroleum products subsector as part of wholesale trade earlier this year, but is ex...Testimony set to start in trial of 2 white Mississippi men charged in shooting at Black FedEx driver
Published Sun, 24 Nov 2024 22:08:53 GMT
BROOKHAVEN, Miss. (AP) — Witnesses are scheduled to begin testifying Wednesday in the trial of two white men in Mississippi who are accused of chasing and shooting at a Black FedEx driver who had dropped off a package at a home.Brandon Case and his father, Gregory Charles Case, are charged with attempted first-degree murder, conspiracy and shooting into the vehicle driven by D’Monterrio Gibson in January 2022. Gibson, who was 24 at the time, was not injured. But the chase and gunfire led to complaints on social media of racism in Brookhaven, about an hour’s drive south of the state capital, Jackson.District Attorney Dee Bates told the majority-white jury in his opening statement Tuesday that Gibson made deliveries for FedEx on Jan. 24, 2022, while driving a rental van with the Hertz logo on three sides. Gibson dropped off a package at a home on a dead-end road, Bates said. Gregory Case then used a pickup truck to try to block the van from leaving, and Brandon Case came outside...'It means everything': Melrose Park native Bob Nardella, an original Chicago Wolves player, now is the head coach
Published Sun, 24 Nov 2024 22:08:53 GMT
CHICAGO — It's full circle. It's fitting. It's historic. All would fit the next choice to lead Chicagoland's American Hockey League franchise into a new era. "I'm a Wolf at heart," said Bob Nardella, who'll be the head coach of the Chicago Wolves starting with the 2023-2024 season, and it makes sense. He's a Melrose Park native who was on the inaugural team, helped them to their first league championship, and has spent nearly a decade in the organization in a coaching role. Now Nardella is the 13th leader of the franchise on the ice, the first former player to ever get that job. For a native of the area who helped to get the franchise off the ground, it's quite a moment. "It means everything," said Nardella to WGN News Now about being the head coach. "Knowing everything that the organization stands for and tries to accomplish and everything involved to even the smallest little detail."That started when he joined the team in the 1994-1995 season, their first in the International Hock...Raising Cane's donating 15% of profits Thursday for Maui relief
Published Sun, 24 Nov 2024 22:08:53 GMT
CHICAGO — Raising Cane's announced that they are donating 15% of profits Thursday to aid a Maui-based shelter.All of their restaurants are donating the profits.The funds will go to help the Ka Hale A Ke Ola Homeless Resource Center (KHAKO). They will also be used in the rebuilding efforts of the shelters which was a 78-unit housing center that was completely lost in the fire. Maui fire death toll reaches 106 as first two victims identified Federal officials sent a mobile morgue with coroners, pathologists and technicians to Hawaii to help identify those killed in the wildfire that all but incinerated Lahaina a week ago.At least 106 people have been killed at this time.KXAN Investigates: Texas prison heat illnesses, new school safety rules
Published Sun, 24 Nov 2024 22:08:53 GMT
AUSTIN (KXAN) — The in-depth reporting from KXAN Investigates will receive a new spotlight that viewers can interact with starting Wednesday morning. Investigative reporter Kelly Wiley and KXAN Live anchor Will DuPree will kick off a new weekly show at 9 a.m. focused on some of the top trending stories reported by the station's investigative journalists. People can watch the live stream in this story and on the KXAN Facebook page. The stories that Kelly and Will will discuss more in-depth Wednesday include these: Records obtained by KXAN reveal at least 36 people working and living inside Texas prisons were diagnosed with heat-related illnesses during some of the hottest months this summer and last. The Texas Department of Criminal Justice reported at least 16 incarcerated people and workers got sick from the heat from May 1 to July 5, 2022, records show. This year, records show at least 20 people diagnosed with heat-related illnesses.Austin Independent School District official...Crews to microsurface roads in Kyle
Published Sun, 24 Nov 2024 22:08:53 GMT
KYLE, Texas (KXAN) – The City of Kyle said Monday crews with Viking Construction would be working on streets throughout the city from Aug. 21 to Aug. 29. The city said crews would be out on weekdays from 8 a.m. to 5 p.m. micro-surfacing roads to improve the appearance and life of the road on weekdays. According to city announcement, all vehicles along the affected stretches of road must be moved before 8 a.m. on the day of the microsurfacing. Micro-surfaced roads will need to be closed after being treated, the city said, but will be reopened after the coating has cured, which will take a few hours. The city asked people not to drive or walk on the new surface until the crew has opened the street. Fresh coating can stick to car tires and paint, the city said. When the microsurfacing is “cured,” the work crew will remove the cones or barricades. The city said people may see crews in their neighborhoods between Monday and Fri...KXAN medical debt investigation wins National Murrow Award
Published Sun, 24 Nov 2024 22:08:53 GMT
AUSTIN (KXAN) — KXAN was honored with a National Edward R. Murrow award Tuesday for its investigation into the impact of hundreds of medical debt lawsuits filed against Central Texas patients."Medical Debt Lawsuits" received recognition in the Excellence in Innovation category for television large markets. The Murrow Awards are named after the prominent broadcast journalist Edward R. Murrow and are "among the most prestigious in news," according to the Radio Television Digital News Association. RTDNA has honored "outstanding achievements" in journalism with the award since 1971. Explore the award-winning project: Medical Debt Lawsuits The project started with an anonymous tip, which led KXAN investigators to discover hundreds of people were being sued on behalf of the same hospital over their medical debt in one Central Texas court. While the practice is legal, the project worked to show the impact those lawsuits have on patients, how others can avoid it and what Texas leaders are...Orioles manager Brandon Hyde has ‘Gold Glovers all over the place.’ Picking his best defense isn’t easy.
Published Sun, 24 Nov 2024 22:08:53 GMT
The Orioles’ depth has often prompted manager Brandon Hyde to say he has 13 position players he wants to play. But excluding the designated hitter, he can put only eight on the field at a given time.Hyde, though, was not interested in dissecting which combination of eight would represent his best defensive lineup.“It’s like saying ‘Who do you like better?’” Hyde said. “I got Gold Glovers all over the place.“The four guys that are sitting today probably are going to be playing tomorrow. … Good problems to have. I feel comfortable with everybody, to be honest with you.”That’s understandable. Hyde’s roster features two quality catchers, a pair of capable first basemen, five versatile infielders and four talented outfielders. The flexibility throughout creates questions of not only who the Orioles’ best eight defenders are but also where they should play in that ideal alignment.Take rookie infielder Jordan Wes...Latest news
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