business

Retailers warn of ‘self-inflicted economic disaster’ after largest rail union rejects labor deal

New York CNN — The nation’s leading retailers warned Monday that Congress may need to step in to avert a devastating freight rail strike they fear could spoil food, interrupt the delivery of goods bought online and worsen inflation. The Retail Industry Leaders Association, a trade group whose members include Walmart, Target, Best Buy, Home …

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“I did everything on my own, I didn’t know anyone in the jewelry business”

At 25, she laid the first stone of Akillis,her jewelry house. Fifteen years later, she approaches the future with serenity. A wake-up time? 7:40 a.m. I like to sleep as much as possible and just have to jump out of bed to attack my day at 200 an hour. After devoting myself to children, I …

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Ticketmaster apologizes to Taylor Swift and her fans for ticketing debacle

New York CNN Business — ticket master apologized to Taylor Swift and her fans late Friday night after a ticketing debacle this week that made it difficult for consumers to buy tickets to the pop star’s new tour. “We want to apologize to Taylor and all of her fans — especially those who had a …

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Taylor Swift: Ticketmaster fiasco ‘excruciating for me’

New York CNN Business — Taylor Swift spoke out Friday about the ticketing debacle that took place this week, as many fans were unable to purchase tickets for her upcoming tour on ticket master. “It goes without saying that I’m extremely protective of my fans,” Swift wrote on instagram on Friday. “It’s really difficult for …

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FIFA confirms no alcohol to be sold at Qatar World Cup stadiums

Doha, Qatar CNN — Just two days before the World Cup kicks off in Qatarsoccer’s world governing body FIFA confirmed that no alcohol will be sold at the eight stadiums which will host the tournament’s 64 matches. “Following discussions between host country authorities and FIFA, a decision has been made to focus the sale of …

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Ticketmaster cancels public sale for Taylor Swift’s Eras Tour due to overwhelming demand

New York CNN Business — Anyone looking to buy a ticket to Taylor Swift’s new tour may be out of luck. ticket master said on Thursday that “due to extraordinarily high demands on ticketing systems and insufficient remaining ticket inventory to meet that demand,” tomorrow’s public ticket sales for Taylor Swift | The Eras Tour …

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Retail sales surged by 1.3% in October as consumers continue to spend despite inflation

Minneapolis CNN Business — American shoppers spent more in October, showing continued resilience amid persistently high inflation and an early start to the holiday shopping season. US retail sales rose 1.3% in October, the Census Bureau reported Wednesday. That’s the biggest monthly gain since February and better than the 1% economists had expected. consumer spending …

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Target warns of a weak holiday season. Shares are tumbling

New York CNN Business — Target’s profit plunged 52% in the third quarter and the retailer warned of a sluggish holiday. Target blamed inflation and a deteriorating economic outlook for its miserable quarter — and also lowered its outlook for the rest of the year. That sent shares down more than 12% in premarket trading. …

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