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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

The US Sun

NEW studies show that Hyundai and Kia’s tech upgrades have staved off thieves after hundreds of cars were caught in a TikTok trend firestorm. The promising numbers come after particular Hyundai and Kia owners continued to apply for their chunk of a one-time settlement payment. Research from the Highway Loss Data Institute suggested that vehicle thefts […]

Hyundai & Kia customers can still claim one-time $3k payment – as brands insist new tech has led to big drop in theft

South Carolina State

Los Angeles County, CA

Herbie J Pilato

In 1981, pop-music sensation Andy Gibb was at the top of the charts. The younger brother of Barry, Robin, and Maurice, a.k.a. The Bee Gees, commenced a tumultuous romance with actress Victoria Principle, who played Pam Ewing on Dallas, TV's then-Number 1 prime-time series. But after the relationship ended, Andy's life, already challenged by substance abuse, did as well. This is their tragic story.

The Tragic Death of Pop Star Andy Gibb & His Traumatic Romance with 'Dallas' Star Victoria Principle

New York Post

Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said.

The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday with the company’s fourth-quarter results, said the sources, who were not authorized to speak publicly.

Reuters exclusively reported the job cuts that San Jose, California-based Cisco announced in February, prior to the company announcing it.



Stellantis to cut nearly 2.5K union workers as Ram...

Cisco axing thousands of jobs in second round of layoffs amid shift to AI: report

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

Pompano Beach, FL

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Akeena

In a shocking revelation, Kings Mart, a grocery store in Pompano Beach, has been slapped with a series of severe health violations by the Florida Department of Agriculture. The inspection, carried out by Francis Odio, uncovered a disturbing range of problems that have led to the immediate closure of several sections of the store.

An inspection found bugs in the food and rodent poop on the shelves at a Florida grocery store

“Our revenues have not grown as expected — and we’ve yet to fully benefit from powerful trends, like AI,” said CEO Pat Gelsinger in a memo to employees. “Our costs are too high, our margins are too low. We need bolder actions to address both — particularly given our financial results and outlook for the second half of 2024, which is tougher than previously expected.”

Intel to lay off 15,000 employees

Covington, GA

The Associated Press

SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug 8, 2024-- Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the second quarter ended June 30, 2024. The Company issued a shareholder letter discussing those results, as well as its third quarter 2024 estimates. The shareholder letter may be accessed on the Company’s investor relations website here. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808890164/en/ Recent photo of Archer’s high-volume manufacturing facility in Covington, GA (Photo: Business Wire)

Archer Announces Key Terms Of Contract Manufacturing Relationship With Stellantis–Representing Up To ~$400M To Help Scale Midnight Production To 650 Aircraft Annually–Secures $230M In Additional Equity Capital From Strategic & Institutional Investors

TechRadar

Dell is set to introduce another round of layoffs aimed at ‘streamlining layers of management’.The reorganisation is set to cost as many as 12,500 workers their jobs, with sales and marketing roles particularly affected, and comes after a similar 13,000 jobs were cut in the previous financial year.Reports suggest emphasis is being placed on AI services as the company looks to become get more efficient, having missed out on breaking into the market initially.
AI bubble bursting?  
"Through a reorganisation of our go-to-market teams and an ongoing series of actions, we are becoming a leaner company. We are combining teams...

Dell lays off over 12,000 in latest large-scale cuts

Wells Fargo has appointed Bridget Engle as senior executive vice president and head of technology, reporting to CEO Charlie Scharf. Joining the company’s operating committee on 12 August, Engle will be responsible for all technology across the company. She brings more than 30 years of experience leading technology transformations...

Wells Fargo selects Engle to head technology

Barcelona, Spain — Mango, one of Europe’s leading fashion brands, is strengthening its presence in the United States and continuing to execute on its expansion plan in the country. After opening stores in New York, Florida, Texas, Georgia, California and Pennsylvania, the company has further strengthened its presence on the East Coast with store launches in two key markets: Washington, D.C., and Boston.

European Fashion Brand Mango Further Expands U.S. Retail Presence

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

J. Souza

A retired military officer who had been struggling with post-traumatic stress disorder (PTSD) tragically died after jumping from the world’s largest cruise ship last month, authorities confirmed.

Cruise Passenger Who Jumped from World's Largest Ship After Dispute Suffered with PTSD

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The Motley Fool

A 2,750% trailing-five-year gain has this hot artificial intelligence (AI) company readying to complete its first-ever stock split.

Move Over, Nvidia and Broadcom: Wall Street Has a New Artificial Intelligence (AI) Stock-Split Stock

Diamond producer Lucara Diamond Corp sold 76 387 ct of diamonds, generating $41.3-million in revenue, during the second quarter ended June 30. The company recovered 92 419 ct of diamonds at a grade of 12.9 ct for every 100 t of direct milled ore. Additionally, 8 349 ct were recovered...

Lucara sold 76 387 ct during the second quarter

New York City, NY

Footwear News


All the Intel on the Upcoming FFANY, Micam, Magic and Dallas Trade Shows







FFANY’s August event may be lighter than the Footwear Distributors and Retailers of America’s (FDRA) other three seasonal market weeks, but that didn’t stop industry leaders from coming out to shop the latest products for spring 2025.


“It was an active few days for market and it’s always just good to be together,” said Matt Priest, president and chief executive officer of FDRA, which hosts the seasonal FFANY trade show. “I think the mood is always positive. We have a positive industry. So that’s good, but there’s also a...

Despite Caution, Brands Tout Positive Momentum During FFANY Market Week

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The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

This technology ETF holds some of the world's leading artificial intelligence stocks, and it's crushing the return of the S&P 500.

Nvidia, Microsoft, and Apple Could Help This Stock-Split ETF Turn $400 per Month Into $1 Million

Kiplinger

Arm Holdings stock is deep in the red Thursday after the chipmaker's full-year outlook fell short of Wall Street's expectations. Here's what you need to know.

Arm Stock Sinks as Soft Outlook Offsets AI-Fueled Earnings Beat

NewsBreak

HNT hits 4-month high after Helium’s latest adoption spree – What next?

Helium is witnessing a resurgence of growth that could be tied to its collaboration with traditional carriers. HNT bulls are showing off, but signs indicated potential...

HNT hits 4-month high after Helium’s latest adoption spree – What next?

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