Bloomberg Markets

The Rise of Organized Retail Crime at Big Box Stores

Shoplifting is just the tip of the iceberg.

business  2d ago

Bloomberg Markets

Odd Lots: Organized Retail Crime at Big Box Stores (Podcast)

If you walk into a local pharmacy in New York City, more likely than not, lots of the merchandise is locked behind closed doors as a measure to mitigate shoplifting. So how big is the “retail shrink” problem really? And why are stores willing to sacrifice customer experience to protect their inventory? According to today’s guest, the Home Depot’s VP of Asset Protection Scott Glenn, shoplifting is just the tip of the iceberg when it comes to retail theft. What is really bedeviling companies like

business  2d ago

The Guardian

Hospitality industry fears jobs at risk from plan to give mayors powers to impose ‘tourist tax’

The sector is concerned by reports that there won’t be a cap on the levy that can be imposed by mayorsGood morning. Last year Andy Burnham, who was then mayor of Greater Manchester, and his close friend and ally Steve Rotheram, mayor of the Liverpool city region, were urging the government to allow mayors in England to bring in what they called a visitor levy.Burnham and Rotheram were pushing at an open door. In May this year Keir Starmer included plans for an overnight visitor levy bill in the

general  2d ago

Science Daily

Ancient teeth reveal humans were getting high 25,000 years ago

Ancient human remains from Sulawesi suggest people were habitually using the psychoactive betel nut as far back as 25,000 years ago. Researchers found both unusual tooth wear and traces of arecoline, the nut’s mind-altering compound, in the teeth of prehistoric hunter-gatherers. The practice may have started partly as pain relief for toothaches, but prolonged use severely damaged their teeth. The discovery could represent the earliest known evidence of habitual drug use anywhere in the world.

science  2d ago

BBC Sport

Late goal keeps Rangers on track for Old Firm double-header

Rangers celebrated wildly after a stoppage-time strike against St Mirren maintains momentum going into two games with rivals Celtic.

sports  2d ago

The Guardian

Russian drones kill at least nine in strikes targeting warehouses and ports in Ukraine – Europe live

The strikes come after it was revealed that Ukraine’s president Volodomyr Zelenskyy’s plane was almost by a drone when leaving Moldova this weekAt least nine people died in overnight Russian strikes on Ukraine, targeting warehouses and ports across the country.Five people were reported dead and 24 injured in the Sumy region, with four killed and 19 injured in a separate attack on Ukraine’s Black Sea port of Mykolaiv.“Over the past 24 hours, our warriors struck eight Russian infrastructure facili

general  2d ago

Yahoo Finance

India's Serious Fraud Office recommends 'detailed' probe into Xiaomi's business in country

business  2d ago

ESPN

49ers' Kittle, Bosa off injury report, cleared to play against Rams

The 49ers will welcome back two of their biggest stars from significant injuries for their Week 1 matchup against the Rams in Melbourne.

sports  2d ago

BBC Sport

O'Neill 'not sure what to make of' Celtic, so what are issues?

What did manager Martin O'Neill learn about his Celtic squad after a much-changed side earned a narrow 1-0 victory away to St Johnstone?

sports  2d ago

BBC Sport

Schmidt has an amazing eye for detail - Dermody

Ulster forwards coach Clarke Dermody praises Joe Schmidt's "amazing eye for detail" as he settles into his role at the Affidea Stadium.

sports  2d ago

Variety

Telekom Srbija’s Content Head on Blueprint for Turning Serbian Production Powerhouse Into Global Player

Telecommunications giant Telekom Srbija is looking to position itself as not only the leading production hub in Serbia but a regional juggernaut for the countries of the former Yugoslavia, exporting local content while attracting international productions to the Balkan nation. “Our next chapter is a deeper connection with our international partners, and presenting not only […]

entertainment  2d ago

MarketWatch

With the copper price surfing all-time highs, here’s what one CEO thinks about the sector long term

While there’s a bear case to be made on copper if the AI trade blows up, if Trump eschews tariffs or if peace descends over the Persian Gulf, the long-term rationale for higher prices is solid, a listed copper producer executive says.

business  2d ago

BBC Sport

Barca's Rodri apologises over Valencia 'weak' comments

Barcelona midfielder Rodri says he has apologised to the entire Valencia squad after television cameras appeared to catch him describing the La Liga strugglers as "very weak".

sports  2d ago

Bloomberg Markets

Europe’s Shrinking Bank Liquidity Fuels Hedge Fund Rates Bet

Investors are piling into an arbitrage trade in euro money markets that’s gaining traction as the region’s financial conditions tighten.

business  2d ago

Bloomberg Markets

Treasuries Dismiss President's Promise: 3-Minutes MLIV

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)

business  2d ago

Variety

Serbian Sci-Fi Epic ‘Sanctuary,’ Starring ‘The Handmaid’s Tale’s’ Nina Kiri, Acquired for U.S. Distribution (EXCLUSIVE)

Vertical has acquired U.S. distribution rights to “Sanctuary,” an English-language, post-apocalyptic thriller starring “The Handmaid’s Tale’s” Nina Kiri. According to the synopsis, “Sanctuary” is set on a post-apocalyptic Earth, where the discovery of a cryogenically suspended woman provokes fear in a desperate village, sending a young warrior and the mysterious woman on a quest for […]

entertainment  2d ago

Bloomberg Markets

Vietnam Grab Drivers Plan Weekend Boycott Over Commission Fees

Vietnam drivers for Grab Holdings Ltd. are calling on fellow independent contractors to engage in a work stoppage this weekend to protest the ride-hailing company’s commission rate, which they say is excessive and threatens their ability to earn a living wage.

business  2d ago

Bloomberg Markets

Sanlam Profit Falls 22% on Higher Claims, Weakness in India

Sanlam Ltd. profit dropped as weather-related claims in South Africa grew and strength in the rand trimmed the translated value of earnings from its businesses outside of its home market.

business  2d ago

The Guardian

Primark to offer home delivery as it prepares to split from owner ABF

Clothing chain says trading in Europe ‘challenging’ but customers are responding well to its price-cutting campaignPrimark will offer home delivery in Britain for the first time, as the fast-fashion retailer prepares to spin off from its owner Associated British Foods (ABF).The clothing chain, which already offers a click and collect service in the UK, has long avoided home delivery, arguing that its low prices made it too difficult to absorb the cost of packing and shipping orders. Continue rea

general  2d ago

BBC World

Watch: Is Trump's $5,000 election pledge legal?

The US president has said every American will get $5,000 (£3,700) if the Republican Party wins November's midterms.

general  2d ago