CYCS08

Pricey pencils, paper: US teachers get schooled in inflation

Pricey pencils, paper: US teachers get schooled in inflation

NEW YORK, Aug 17 (Reuters) – Teachers face a harsh lesson as inflation drives up the cost of everything from paper to pencils before the school year begins, leading some to cut back on supplies – or substitute with cheaper items. “If you ask any teacher, Ticonderoga pencils are it,” said Kristina Eisenhower, 35, an …

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Bed Bath & Beyond leads revival in breast stocks’ rally

A person exits a Bed Bath & Beyond store in Manhattan, New York City, US, June 29, 2022. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com register Aug 17 (Reuters) – Shares of Bed Bath & Beyond Inc (BBBY.O) jumped 23% on Wednesday, leading a surge in meme stocks again as individual …

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US retail sales flat on gasoline price drop; consumer spending resilient

People shop for clothes at a Target retail chain in Westbury, New York, US, May 20, 2021. REUTERS/Shannon Stapleton/File Photo Register now for FREE unlimited access to Reuters.com register retail sales unchanged in July; June sales revised down Gasoline, motor vehicles account for flat sales Core retail sales increase 0.8% WASHINGTON, Aug 17 (Reuters) – …

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Exclusive: China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe

BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com register SHANGHAI, Aug 17 (Reuters) – China’s EVE Energy Co Ltd (300014.SZ) will supply BMW (BMWG.DE) with large cylindrical batteries for its electric cars in Europe, two people …

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EXCLUSIVE Biden’s emergency board calls for railroad wage hikes to resolve contract talks

US President Joe Biden walks to Air Force One as he departs for Washington, DC, from Joint Base Charleston, South Carolina, US, August 16, 2022. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com register WASHINGTON/LOS ANGELES, Aug 16 (Reuters) – US President Joe Biden’s emergency board tasked with helping major freight railroads and …

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Elon Musk says he is buying Manchester United

Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi/ Register now for FREE unlimited access to Reuters.com register Aug 16 (Reuters) – Tesla (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday he was buying football club Manchester United …

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Starbucks seeks to pause union elections at US cafes, claims misconduct

NEW YORK, Aug 15 (Reuters) – Starbucks Corp (SBUX.O) on Monday accused the federal labor board overseeing union elections at its US cafes of misconduct and asked for elections to be suspended nationwide pending the outcome of an investigation. The coffee chain said in a letter to National Labor Relations Board (NLRB) Chairman Lauren McFerran …

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Meme stock Bed Bath & Beyond soars after investor Ryan Cohen’s latest bets

Signage is seen at a Bed Bath & Beyond store in Manhattan, New York City, US, June 29, 2022. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com register Aug 16 (Reuters) – Shares of Bed Bath & Beyond Inc (BBBY.O) surged 60% to a near five-month high in volatile trading on Tuesday, …

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H&M returns to Alibaba’s Tmall, 16 months after Xinjiang controversy

SHANGHAI, Aug 16 (Reuters) – Swedish fashion giant H&M’s (HMb.ST) official store on Alibaba’s (9988.HK) Tmall e-commerce platform has re-opened, 16 months after the Chinese site took it down following the brand’s criticisms of human rights abuses in Xinjiang. The re-opening was first noticed by Chinese netizens and confirmed by a Reuters search of the …

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Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Tencent seeks to kick off Meituan stake sale this year-sources Sale seeks to placate regulators, monetise 8-year-old bet-sources Stake sale likely to be done as a block trade – sources Move comes after Tencent’s divestments of JD.com, SEA stakes Meituan shares sink 10%; Tencent shares recover HONG KONG, Aug 16 (Reuters) – China’s Tencent Holdings …

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