Retailers — already hard-hit by rampant shoplifting — are facing another threat to their bottom line from scammers who are stuffing bricks, fake receipts and counterfeit goods in return packages. The fraudsters have targeted this retail underbelly to swipe billions of dollars by gaming the returns system, especially after the holiday season, according to a…
The Ellon-based craft beer giant, which made a loss of £24m last year, says it needs to “maintain financial stability”.
The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday, while longer transit times around Africa are disrupting and delaying deliveries of products. Vessels aren’t able to come back to Asia in time, and ocean carriers are canceling sailings on…
Updated Jan. 10, 2024 2:01 pm ET The National Football League lost several of its biggest stars to injuries during the just-completed regular season, including the quarterbacks of the New York Jets, Minnesota Vikings and Cincinnati Bengals. But a new NFL star emerged: superfan Taylor Swift. Swift’s attendance at several Kansas City Chiefs games to…
Boeing CEO Dave Calhoun said the company acknowledges “our mistake,” after a door plug on a 737 Max 9 blew out in the middle of an Alaska Airlines flight, creating a gaping hole in the fuselage and prompting a grounding of that aircraft type by federal regulations. The Federal Aviation Administration grounded the 737 Max…
Comment on this storyComment Add to your saved stories Save The United Auto Workers pressed forward in its effort to unionize auto factories in the South by announcing that 30 percent of Mercedes workers at an Alabama factory have signed cards endorsing unionization. The 30-year-old Tuscaloosa plant is the second to reach that milestone in…
Ex-Post Office branch manager Sally Stringer is demanding Fujitsu pay towards compensation
Shoppers enter and exit the Neiman Marcus at the King of Prussia Mall in King of Prussia, Pennsylvania, on Dec. 8, 2018. Mark Makela | Reuters ORLANDO, Fla. — As rumors swirl over whether Saks Fifth Avenue will acquire Neiman Marcus, Neiman’s CEO told CNBC there’s “no need” to sell the business, adding it’s unlikely…
Two Democratic lawmakers on Tuesday expressed concerns about ex-Wall Street financiers overseeing the Commerce Department’s distribution of $39 billion in grants to the semiconductor industry, saying the staffing raised questions about the creation and abuse of a revolving door between government and industry. In a letter to the Commerce Department, Senator Elizabeth Warren of Massachusetts…
The first pub will open at Haven’s Primrose Valley Holiday Park in Filey, North Yorkshire, in March.
