Monday, April 17, 2017

Sales Of Ivanka Trump Products Surged Last Month and other top stories.

  • Sales Of Ivanka Trump Products Surged Last Month

    Sales Of Ivanka Trump Products Surged Last Month
    Ivanka Trump’s clothing and accessories brand saw a spike in sales in February, according to the company’s president and market research data.  Abigail Klem, who took over as president of the brand after President Donald Trump’s daughter stepped down in January, said the company has seen near-unprecedented success since last month. “Since the beginning of February, they were some of the best performing weeks in the history of the brand,” Klem said in a statement. “For several different retailer..
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  • Bottled water overtakes soda as America's No. 1 drink — and you should avoid both

    Bottled water overtakes soda as America's No. 1 drink — and you should avoid both
    Americans now drink more bottled water than soda. Bottled-water consumption in the U.S. hit 39.3 gallons per capita last year, while carbonated soft drinks fell to 38.5 gallons, marking the first time that soda was knocked off the top spot, according to data from industry tracker Beverage Marketing Corp. But Soda is still more expensive, racking up $39.5 billion in retail sales versus $21.3 billion for water, industry research group Euromonitor found. “In 2016, bottled water overtook carbonate..
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  • A robust February jobs report points to resilient US economy

    A robust February jobs report points to resilient US economy
    WASHINGTON — U.S. employers added a robust 235,000 jobs in February and raised pay at a brisk pace — signs that a resilient economy has given many companies the confidence to hire in anticipation of solid growth ahead. With the unemployment rate dipping to a low 4.7 percent from 4.8 percent, the job market appears to be fundamentally healthy or nearly so. Friday’s employment report from the government showed that more people began looking for jobs last month, an encouraging sign that they’ve gr..
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  • Gander Mountain files for bankruptcy

    Gander Mountain files for bankruptcy
    Gander Mountain, the nation's largest chain of outdoors specialty stores, filed Friday for Chapter 11 bankruptcy protection from its creditors with the aim of selling the business. The company, which is seeking a buyer, said it will be closing 32 of its 162 stores in the next few weeks. Reports began circulating in January that the St. Paul-based company was suffering financially, with some vendors not being paid. In a written statement, Gander Mountain said the filing was prompted by a realiza..
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  • What the SEC Bitcoin ETF Decision Means for the Future of Cryptocurrency

    What the SEC Bitcoin ETF Decision Means for the Future of Cryptocurrency
    It was a show of bullishness to rival last week's run-up in Snap stock: The Bitcoin price suddenly jumped more than $100 on Friday morning, trading above $1300 per unit for the first time.For a fleeting moment at about 8:27 a.m.—more than an hour before the U.S. stock market even opened—the price of Bitcoin spiked more than 10% from the day before. The blockchain-based virtual currency briefly touched a new record price of $1325, continuing its recent surge amid anticipated SEC approval of the f..
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  • Elon Musk's wager that Tesla can fix South Australia's blackouts brings the energy future closer

    Elon Musk's wager that Tesla can fix South Australia's blackouts brings the energy future closer
    Tesla Inc. Chief Executive Elon Musk’s latest gamble may be less futuristic than a Mars trip, but it signals that the energy industry’s long-sought vision of large-scale electricity storage may not be that far off.Musk made a bet that his company can get a grid-connected battery system in South Australia installed and working within 100 days to help alleviate blackouts — and if it can't, he said, the company will do the work for free. He has a reason to be confident: Tesla delivered a slightly ..
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  • Starbucks says boycott threats over refugee hiring hasn't hurt brand

    Starbucks says boycott threats over refugee hiring hasn't hurt brand
    LOS ANGELES Starbucks Corp on Friday said its business has not been hurt by a social media boycott campaign started in response to the chain's promise to hire 10,000 refugees globally over the next five years.Starbucks made its Jan. 29 refugee hiring announcement on the heels of President Donald Trump's first executive order that temporarily banned travel from seven mostly Muslim nations. The move angered some Trump supporters, who called on other customers to stop frequenting the coffee chain..
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  • Yellen Claim Fed Isn't Behind Curve Challenged by Robust Hiring

    Yellen Claim Fed Isn't Behind Curve Challenged by Robust Hiring
    Doth the lady protest too much?Twice in the past three months, Federal Reserve Chair Janet Yellen has made a point of insisting that the Federal Open Market Committee has not been too slow in raising interest rates.“Recently, Fed speakers have been rhetorically asking whether the FOMC is behind the curve,” Michael Feroli, chief U.S. economist at JPMorgan Chase & Co. in New York, said in a recent note to clients. “While they consistently answer in the negative, the very fact they are asking the ..
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  • After record-setting outage, 289000 remain without power in Michigan

    After record-setting outage, 289000 remain without power in Michigan
    CLOSEWIND STORM KNOCKS OUT POWER ACROSS MICHIGANStill waiting for power? You might be eligible for a credit | 0:25Historic winds on March 8, 2017 knocked out power to 1 million electric customers in Michigan. Customers without power for more than 5 days could be eligible for a credit on their utility bill. Wochit1 of 4CLOSEWIND STORM KNOCKS OUT POWER ACROSS MICHIGANTop 5 tips for dealing with power outages | 0:30Here are some safety tips for dealing with powe..
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  • Fukushima evacuees face 'forced' return as subsidies withdrawn

    Fukushima evacuees face 'forced' return as subsidies withdrawn
    Thousands of people who fled the meltdown at the Fukushima Daiichi nuclear power plant six years ago will soon lose their housing subsidies, forcing some to consider returning despite lingering concerns over radiation in their former neighbourhoods. The measure, condemned by campaigners as a violation of the evacuees’ right to live in a safe environment, will affect an estimated 27,000 people who were not living inside the mandatory evacuation zone imposed after Fukushima became the scene of th..
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