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Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition. Public companies are under a lot more scrutiny and if private, the Nordstrom may have more leeway in reviving a department store chain that has been attempting to reinvigorate sales for years. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get our free email newsletters — latest headlines and e-edition notifications.Chicago Bears head coaching search 2024: Kellen Moore could be the seasoned offensive mind to change the team’s fortune
10 tips from experts to help you change your relationship with money in 2025Insurgents reach gates of Syria’s capital, threatening to upend decades of Assad rule BEIRUT (AP) — A Syrian opposition war monitor and a pro-government media outlet say government forces have withdrawn from much of the central city of Homs. The pro-government Sham FM reported that government forces took positions outside Syria’s third-largest city, without elaborating. Rami Abdurrahman who heads the Britain-based Syrian Observatory for Human Rights, said Syrian troops and members of different security agencies have withdrawn from the city, adding that rebels have entered parts of it. Losing Homs is a potentially crippling blow for Syria’s embattled leader, Bashar Assad. An archbishop's knock formally restores Notre Dame to life as winds howl and heads of state look on PARIS (AP) — France’s iconic Notre Dame Cathedral has formally reopened its doors for the first time since a devastating fire nearly destroyed the 861-year-old landmark in 2019. The five-year restoration is widely seen as a boost for French President Emmanuel Macron, who championed the ambitious timeline, and brings a welcome respite from his domestic political woes. World leaders, dignitaries, and worshippers gathered on Saturday evening for the celebrations under the cathedral's soaring arches. The celebration was attended by 1,500 dignitaries, including President-elect Donald Trump, Britain’s Prince William, and Ukrainian President Volodymyr Zelenskyy. For Catholics, Notre Dame’s rector said the cathedral “carries the enveloping presence of the Virgin Mary, a maternal and embracing presence.′′ Trump is welcomed by Macron to Paris with presidential pomp and joined by Zelenskyy for their talks PARIS (AP) — French President Emmanuel Macron has welcomed Donald Trump to Paris with a full dose of presidential pomp. And they held a hastily arranged meeting with Ukraine’s Volodymyr Zelenskyy on a day that's mixing pageantry with attention to pressing global problems. The president-elect's visit to France is part of a global a celebration of the reopening of Notre Dame Cathedral five years after a devastating fire. Macron and other European leaders are trying to win Trump’s favor and persuade him to maintain support for Ukraine in its defense against Russia’s invasion. Trump isn't back in office but he's already pushing his agenda and negotiating with world leaders NEW YORK (AP) — Donald Trump is making threats, traveling abroad, and negotiating with world leaders. He has more than a month-and-a-half to go before he’s sworn in for a second term. But the president-elect is already moving aggressively to not only fill his Cabinet and outline policy goals, but also to try to achieve his priorities. In recent days, Trump has threatened to impose a 25% tariff on goods from Canada and Mexico, two of the country’s largest trading partners. That led to emergency calls and a visit. And he's warned of “ALL HELL TO PAY” if Hamas doesn't release the hostages still being held captive in Gaza. South Korea's president avoids an impeachment attempt over short-lived martial law SEOUL, South Korea (AP) — South Korea’s embattled President Yoon Suk Yeol has avoided an opposition-led attempt to impeach him over his short-lived imposition of martial law. Most of Yoon's ruling party lawmakers boycotted a parliamentary vote Saturday to deny a two-thirds majority needed to suspend his presidential powers. The scrapping of the motion is expected to intensify protests calling for Yoon’s ouster and deepen political chaos in South Korea. A survey suggests a majority of South Koreans support the president’s impeachment. Yoon’s martial law declaration drew criticism from his own ruling conservative People Power Party. But the party also apparently fears losing the presidency to liberals. Days after gunman killed UnitedHealthcare's CEO, police push to ID him and FBI offers reward NEW YORK (AP) — Nearly four days after the shooting of UnitedHealthcare CEO Brian Thompson, police still do not know the gunman’s name or whereabouts or have a motive for the killing. But they have made some progress in their investigation into Wednesday's killing of the leader of the largest U.S. health insurer, including that the gunman likely left New York City on a bus soon after fleeing the scene. The also found that the gunman left something behind: a backpack that was discovered in Central Park. Police are working with the FBI, which on Friday night announced a $50,000 reward for information leading to an arrest and conviction. UnitedHealthcare CEO's shooting opens a door for many to vent frustrations over insurance The fatal shooting of UnitedHealthcare's CEO has opened the door for many people to vent their frustrations and anger over the insurance industry. The feelings of exasperation, anger, resentment, and helplessness toward insurers aren’t new. But the shooting and the headlines around it have unleashed a new wave of patients sharing such sentiments and personal stories of interactions with insurance companies. Conversations at dinner tables, office water coolers, social gatherings and on social media have pivoted to the topic. Many say they hope the new amplified voices can bring about change for companies often accused of valuing profits over people. 2 Pearl Harbor survivors, ages 104 and 102, return to Hawaii to honor those killed in 1941 attack PEARL HARBOR, Hawaii (AP) — The bombing of Pearl Harbor 83 years ago launched the United States into World War II. Two survivors have returned to the Hawaii military base for a remembrance ceremony on the attack's anniversary. Both are over 100 years old. They joined active-duty troops, veterans and members of the public for an observance hosted by the Navy and the National Park Service. A third survivor was planning to join them but had to cancel due to health issues. The bombing killed more than 2,300 U.S. servicemen. An explosion destroys an apartment block in a Dutch city, killing at least 3 and injuring others THE HAGUE, Netherlands (AP) — An explosion and fire has rocked a neighborhood in the Dutch city of The Hague, killing three people and injuring other people and destroying several apartments. The cause of the disaster is unclear. Emergency authorities said four people were rescued from the rubble and taken to the hospital. The mayor said rescuers were no longer looking for survivors but for eventual bodies, but could not specify how many people might still be unaccounted for. Residents of the northeastern neighborhood of Mariahoeve in The Hague heard a huge bang and screams before dawn. Dutch authorities have deployed a specialized urban search and rescue team to find victims. How 'Mufasa' rose with Aaron Pierre and Blue Ivy's voices along with new Lin-Manuel Miranda music SAN DIEGO (AP) — When Aaron Pierre was cast as Mufasa, the weight of following in the late James Earl Jones’ legendary footsteps was enough to rattle any actor. But instead of letting the pressure roar too loudly, he harnessed his nerves to breathe fresh life into his young lion character. Pierre found parallels between himself and his character while filming his leading role in “Mufasa: The Lion King,” which opens in theaters Dec. 20. He took the reigns as the new voice of Mufasa after Jones played the iconic King Mufasa in both the 1994 and 2019 versions of Disney’s “The Lion King.” The prequel offers a fresh exploration into Mufasa’s origin story.
In Tribute to the Great Canadiens’ 'Gentleman Jean' Beliveau
A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?Bitcoin topped $98,000 for the first time Thursday, extending a streak of almost daily all-time highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of $100,000 and investors do not appear to be fazed by gravity or any cautionary tales of the cryptocurrencies history of volatility. Cryptocurrencies and related investments like crypto exchange traded funds have rallied because the incoming Trump administration is expected to be more "crypto-friendly" than the outgoing Biden administration. As of 11:02 a.m. ET, bitcoin traded at $96,747 after rising as high as $98,349 according to CoinDesk. Yet cryptocurrency markets remain a wild place and what comes next is impossible to know. And while some are bullish, other experts are warning of investment risks. Here's what you need to know. Cryptocurrency has been around for a while now but have come under the spotlight in recent years. In basic terms, cryptocurrency is digital money. This kind of currency is designed to work through an online network without a central authority — meaning it's typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain. Bitcoin is the largest and oldest cryptocurrency, although other assets like Ethereum, Tether and Dogecoin have gained popularity over the years. Some investors see cryptocurrency as a "digital alternative" to traditional money — but it can be very volatile, with its price reliant on larger market conditions. Trump's election win boosts crypto A lot of the recent action has to do with the outcome of the U.S. election . President-elect Donald Trump, who was once critical of digital currencies, pledged during his campaign against Vice President Kamala Harris to make the U.S. the "crypto capital of the planet" and to create a bitcoin "strategic reserve." His campaign accepted donations in cryptocurrency and he courted fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies. Crypto industry players welcomed Trump's victory, in hopes that he would be able to push through legislative and regulatory changes that they've long lobbied for. Trump also had promised that, if elected, he would remove the chair of the Securities and Exchange Commission, Gary Gensler, who has been leading the U.S. government's crackdown on the crypto industry and repeatedly called for more oversight. Spot bitcoin ETFs Digital assets like bitcoin had posted notable gains in the months ahead of the election, mostly due to the early success of a new way to invest in the asset: spot bitcoin ETFs, which were approved by U.S. regulators in January. A spot bitcoin ETF allows investors to gain direct exposure to bitcoin without holding it. Unlike regular bitcoin ETFs, in which bitcoin futures contracts are the underlying asset, bitcoins are the underlying asset of a spot bitcoin ETF. Each spot bitcoin ETF is managed by a firm that issues shares of its own bitcoin holdings purchased through other holders or through an authorized cryptocurrency exchange . The shares are listed on a traditional stock exchange. Inflows into spot ETFs, "have been the dominant driver of Bitcoin returns from some time, and we expect this relationship to continue in the near-term," Citi analysts David Glass and Alex Saunders wrote in a research note two weeks ago. They added that spot crypto ETFs saw some of their largest inflows on record in the days following the election. Bitcoin volatility History shows you can lose money in crypto as quickly as you've made it. Long-term price behavior relies on larger market conditions. Trading continues at all hours, every day. At the start of the COVID-19 pandemic, bitcoin stood at just over $5,000. Its price climbed to nearly $69,000 by November 2021, in a time marked by high demand for technology assets. Bitcoin later crashed during an aggressive series of Federal Reserve rate hikes aimed at curbing inflation. The collapse of FTX in late 2022 significantly undermined confidence in crypto overall and bitcoin fell below $17,000. Investors began returning in large numbers as inflation started to cool — and gains skyrocketed on the anticipation and then early success of spot ETFs. Experts still stress caution, especially for small-pocketed investors. How bitcoin mining works Assets like bitcoin are produced through a process called "mining," which consumes a lot of energy. And operations relying on pollutive sources have drawn particular concern over the years. Recent research published by the United Nations University and Earth's Future journal found that the carbon footprint of 2020-2021 bitcoin mining across 76 nations was equivalent to the emissions from burning 84 billion pounds of coal or running 190 natural gas-fired power plants. Coal satisfied the bulk of bitcoin's electricity demands (45%), followed by natural gas (21%) and hydropower (16%). Cryptocurrency is making lots of noise, literally Environmental impacts of bitcoin mining boil largely down to the energy source used. Industry analysts have maintained that clean energy has increased in use in recent years, coinciding with rising calls for climate protections. Technology Elections Cryptocurrency Donald Trump Politics BitcoinThe Container Store, buffeted by rough housing market and competition, seeks bankruptcy protectionNEW YORK , Dec. 3, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global do-it-yourself (DIY) home improvement retailing market size is estimated to grow by USD 196.61 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.41% during the forecast period. Greater emphasis on diy home improvement projects for personalized interior designing is driving market growth, with a trend towards uptake of ar applications for home improvement projects. However, shifting consumer preference for difm from diy culture poses a challenge. Key market players include Ace Hardware Corp., BayWa Bau and Gartenmarkte GmbH and Co. KG, Grafton Group plc, Groupe Adeo, hagebau connect GmbH and Co. KG, HORNBACH Holding AG and Co. KGaA, Kesko Corp., Kingfisher Plc, Menard Inc., Mr D.I.Y. Group M Berhad, OBI Group Holding SE and Co. KGaA, REWE Group, Stark Group AS, The Home Depot Inc., Travis Perkins Plc, ubyld, Wesfarmers Ltd., Wickes Group Plc, and Lowes Co. Inc.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF DIY home improvement retailing is experiencing significant advancements with the integration of technology. Kingfisher introduced a mobile device for in-store use in 2014, enabling features like mobile checkout, product location, and inventory checks. Their mobile application offers an enhanced in-store map and live chat. AR technology is used in catalogs and apps, allowing virtual previews of furniture and precise measurements. UDecor.com's AR-enabled room planner visualizes 3D items in real rooms. These innovations are expected to boost the DIY home improvement market's growth during the forecast period. The DIY home improvement retailing market is thriving with consumers seeking project solutions and supplies. DIY projects, such as painting, home repairs, and gardening, are popular trends. Profiles of DIY consumers include homeowners, renters, and those looking to save on labor costs. DIY retailers offer a wide range of products, including tools, hardware, and building materials. Online sales are growing, with consumers researching and purchasing products online for convenience. Consumers also value educational resources, such as instructional videos and tutorials, to help with their projects. The market is competitive, with retailers focusing on providing quality products, competitive pricing, and excellent customer service. Consumers are looking for one-stop shops for their DIY needs, making it essential for retailers to offer a comprehensive selection of products and services. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! • The DIY home improvement retailing market may face challenges due to the increasing trend of Do-It-For-Me (DIFM) services. This shift is driven by factors such as an aging population in mature markets seeking professional help, young consumers lacking DIY skills, and employment growth leading to higher wages. As a result, DIY retailers are witnessing decreased sales as DIFM professionals prefer B2B suppliers over consumer-facing stores. However, some mature DIY retailers are capitalizing on this trend by catering to trade customers and enhancing their service offerings to attract professional consumers. For instance, Kingfisher's TradePoints and Home Depot's Product Authority are targeting the DIFM segment to optimize sales. These factors are expected to impact the growth of the global DIY home improvement retailing market during the forecast period. • The Do-It-Yourself home improvement retailing market faces several challenges. Procurement of products is a significant issue, with the need to source a wide range of tools and materials. Product availability and timely delivery are crucial to meet customer demands. The market is competitive, with numerous players offering similar products. Differentiating offerings through pricing, customer service, and product selection is essential. Additionally, the increasing trend of online shopping poses a threat to brick-and-mortar stores. Digital marketing and omnichannel strategies are necessary to reach and engage customers effectively. Lastly, ensuring inventory levels and managing supply chains efficiently are ongoing challenges for retailers in this sector. Insights into how AI is reshaping industries and driving growth- Download a Sample Report This do-it-yourself (diy) home improvement retailing market report extensively covers market segmentation by 1.1 Lumber and landscape management 1.2 Tools and hardware 1.3 Decor and indoor garden 1.4 Kitchen 1.5 Lighting and others 2.1 Offline 2.2 Online 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa 1.1 Lumber and landscape management- The DIY home improvement retailing market holds substantial potential, particularly in sectors with rising demand for wooden furnishings, lawn care, and gardening. Key categories include tree cutting for decorative uses, door installation, bricklaying, and lawn maintenance. These areas offer significant growth opportunities, contributing to the expansion of the global DIY home improvement market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) The DIY home improvement retailing market has experienced significant growth due to the professional DIY movement, with consumers increasingly opting for home purchases and DIY projects. Online stores have become a popular destination for DIYers, offering convenience, time savings, and competitive pricing. E-commerce revenues continue to rise, driven by the availability of DIY items such as painting supplies, building materials, electrical work materials, lighting, tools and hardware, and RTA furniture. Augmented reality (AR) technology is transforming the DIY landscape, enabling consumers to visualize home decor initiatives before making a purchase. Zero-waste solutions are also gaining traction, aligning with the DIY ethos of resourcefulness and sustainability. Online and in-store displays showcase a wide range of DIY resources, catering to the diverse needs of consumers. Big-box retailers continue to dominate the market, leveraging consumer disposable income to offer a comprehensive selection of DIY products. Overall, the DIY home improvement retailing market is a dynamic and evolving space, driven by consumer demand for professional-grade DIY solutions and the convenience of online shopping. The Do-It-Yourself home improvement retailing market refers to the sale of products and tools enabling consumers to complete home improvement projects independently. This sector encompasses a wide range of merchandise, including hardware, power tools, building materials, and decorative items. Consumers are increasingly seeking cost-effective solutions and the satisfaction of completing projects themselves, leading to market growth. Retailers offer various services such as classes and workshops to assist customers in selecting the appropriate products and ensuring project success. The convenience of online shopping and the availability of a vast array of products further enhance the market's appeal. The DIY home improvement retailing market caters to diverse demographics, with a significant portion of sales coming from homeowners and DIY enthusiasts. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Product Lumber And Landscape Management Tools And Hardware Decor And Indoor Garden Kitchen Lighting And Others Distribution Channel Offline Online Geography North America Europe APAC South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
Bravo star Lindsay Hubbard defends ‘monetizing’ her pregnancy after earning $100k on social media
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