DoorDash, Grubhub, Uber Eats can sue NYC over commission caps
NEW YORK A federal judge on Tuesday said DoorDash, Grubhub and Uber Eats can sue New York City
2023-09-20 02:24
Banco do Brasil and World Bank ready cooperation on $400 million for Amazon recovery
BRASILIA Brazilian state-run Banco do Brasil and the World Bank signed a memorandum of understanding on Tuesday on
2023-09-20 01:53
Bankrupt Birmingham braces for cuts as UK government takes control
The UK government has moved to take control of the country's second biggest city, Birmingham, after the local council effectively declared itself bankrupt earlier this month.
2023-09-20 01:27
Book Review: ‘Astor’ is a primer on the rise and fall one of America’s richest families
In their new book “Astor,” CNN Journalist Anderson Cooper and Katherine Howe trace the storied Astor family's legacy from its inception, when John Jacob Astor emigrated from Germany and established himself in the beaver fur trade, a bloody and highly competitive business
2023-09-20 01:20
Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market
Instacart’s shares are surging in the grocery delivery company’s stock market debut
2023-09-20 01:18
'The Amazon is speaking for itself': Brazil President Lula puts climate and inequality at the center of UN address
Brazilian President Luiz Inacio Lula da Silva put inequality and the climate crisis at the center of a speech Tuesday that opened the annual UN General Debate in New York, lamenting that the international community has "numbed" to its responsibility to care for the world's poor.
2023-09-20 01:16
Amazon plans to hire 250,000 US workers for holiday season
By Arriana McLymore NEW YORK, NY Amazon said it plans to add 250,000 U.S. workers for the holiday
2023-09-20 00:21
Intel says newest laptop chips, software will handle generative AI
By Stephen Nellis and Max A. Cherney Intel said on Tuesday that a new chip due in December
2023-09-19 23:58
Ray Epps, center of a Jan. 6 conspiracy theory, is charged with a misdemeanor over the Capitol riot
An Arizona man who became the center of a conspiracy theory about Jan. 6, 2021, has been charged with a misdemeanor offense in connection with the U.S. Capitol riot
2023-09-19 23:56
Thieves stole nearly $200 million from Europe's largest copper producer
Fraudsters have robbed Europe's largest copper producer of €185 million ($198 million) worth of the metal, possibly with the help of insiders, the company said Tuesday.
2023-09-19 23:52
SpaceX says US case alleging anti-immigrant bias is unconstitutional
By Daniel Wiessner Elon Musk's SpaceX has sued the U.S. government saying that the government's administrative case accusing
2023-09-19 23:48
H&M starts charging shoppers £1.99 for online returns
High street fashion retailer H&M has joined other companies in charging shoppers who return items purchased online. Customers must now pay £1.99 to return parcels either in store or online, with the cost of the return being deducted from their refund. Rival high street stores including Zara, Boohoo, Uniqlo and Next already charge for online returns, with retail experts predicting that even more are likely to follow suit. During the pandemic, when online shopping inevitably soared in popularity, customers became increasingly more reliant on returning items when they did not fit. However, this also led to a rise in people buying items in bulk and returning almost all those items, some of them worn. While most online and high street retailers do not formally announce the move to charge for returns, many have introduced the change under the radar, with H&M implementing the return fee this summer. Business analysts have told the BBC that other retailers are likely to do the same. "It’s interesting that companies seem to be doing it by stealth, but it’s a sensible thing to be doing," retail expert Jonathan De Mello told the outlet. "It makes economic sense, as it discourages shoppers from bulk buying online products and then returning the majority of them. That’s been a real problem for companies." While H&M shoppers might be disappointed in the extra returns fee, added De Mello, most might understand why a company would need to make this decision, especially when it comes to the environment. Many shoppers are increasingly aware of the environmental impact of deliveries and returns, from courier vans to wasted packaging. Retail expert and analyst Natalie Berg wrote on Twitter/X that retailers have “created a monster” with free returns. “​​H&M charging for returns. Retailers have created a monster with free returns. It makes financial and environmental sense to put an end to this ‘buy to try’ mentality.” But Berg pointed out that customers who have signed up to H&M membership would be exempt from the extra fee for returning items. “This is actually a really delicate way to tier your customers,” Berg said of the membership scheme. “Slowly climb down from costly promises by limiting those benefits to loyalty members. Retailers have become too generous over the past decade. Save that generosity for your most valuable customers.” Read More Inside London’s first Vogue World: Thong leotards and Anna Wintour’s VIP assembly line Voguewashing London Fashion Week won’t pay the wages of Britain’s young fashion designers Bridesmaid who “didn’t love” her dress spends 35 years wearing it around the world Meghan Markle praised for mixing high-fashion with affordable pieces Vogue World wowed but won’t pay the wages of young fashion designers Ukrainian designers prove beauty can come from darkness at London Fashion Week
2023-09-19 22:54
