Author: Editor-In-Chief

Chris Ratcliffe | Bloomberg | Getty ImagesTween retailer Claire’s is facing legal challenges from some of its Asia-based suppliers over millions of dollars in unpaid debts as it seeks to emerge from bankruptcy for a second time under new ownership, according to claims filed in Hong Kong. The conflict with vendors comes as private equity firm Ames Watson navigates its first holiday season as Clare’s new owner and is working to ensure adequate inventory after acquiring the mall retailer and its nearly 1,000 stores out of bankruptcy in September for $140 million.Since acquiring Claire’s, Ames Watson has been trying to…

Pope Leo XIV on Friday appointed Bishop Richard Moss, who regularly speaks out on social issues such as prisons, as the new archbishop of Westminster, the most senior Catholic cleric in England and Wales. The appointment of Bishop Moss, 67, of Arundel and Brighton in southern England, is Pope Leo’s second appointment to a senior church position this week, and comes a day after he named pro-immigrant Bishop Ronald Hicks as archbishop of New York. Bishop Moss, like his New York counterpart, is known for his ability to mediate between differing views within the church, in his case for his…

Anthony Joshua handed Jake Paul a knockout in Miami after enduring a frustrating early round against the YouTube star.The two-time world heavyweight champion from Britain struggled to hold down Paul in the early rounds, but ultimately ended the fight in the sixth round with a huge right hand that broke his opponent’s jaw. Paul, who had difficulty keeping his footing throughout the match, got caught on the ropes, and the referee swung the ropes away as he wobbled to his feet. However, Joshua later admitted it was “not my best performance” and the 36-year-old was widely expected to stop his…

As the new year approaches, all eyes are on Wall Street to see if the coveted Santa Claus rally will be a success. The so-called rally, a term coined by Stock Traders Almanac founder Yale Hirsch in 1972, occurs between the last five business days of a year and the first two business days of a new year. In this case, that would be from the opening bell on December 24th to the second trading day of 2026, or January 5th. Since 1950, the S&P 500 index has averaged a 1.3% gain over a seven-day trading period, and Almanac editor-in-chief…

Reuters — A man suspected of carrying out an attack using smoke bombs and a knife in Taiwan acted alone, police said Saturday, in an attack that left four people dead, including the attacker. Zhang Wen, 27, a resident of the northern city of Taoyuan, died Friday night after falling from a building during a police pursuit in a crowded shopping street in central Taipei, police said. National Police Agency Commissioner Jang Jeong-shin told reporters, “Based on the related verification work that has been carried out continuously since yesterday, it has not been confirmed that the suspect had any other…

England are on the brink of defeat in the Ashes series with 11 days remaining after stumbling to 207-6 en route to a Test record of 435 to win the third Test in Adelaide.Ben Stokes’ side actually enjoyed much of the fourth day in good form, but dropping only three wickets in the final hour of play put Australia firmly back on top. Nathan Ryan (3-64) did the damage, bowling out Harry Brook (30) and the England captain for five before Zak Crawley (85), who had played well, stumbled. Three wickets fell for 17 runs in the space of six…

On a beautiful November afternoon in Goa, I watched something familiar unfold on the chessboard. Indian grandmaster Arjun Erigaishi, ranked 6th in the world, was defeated by Chinese grandmaster Wei Yi. Erigaishi was playing on his home field and was a favorite of the schoolchildren who crowded around his board in silence. He moved his pawn to the center of the board, pressed the button on the dual-timer chess clock, and the game began.In the country where chess was born, grandmasters rise as easily as coconut trees grow along the coastline. The game enters children’s lives early on, slipping through…

Anand Varadarajan, Amazon’s vice president of products and technology and worldwide grocery, speaks at the Delivering the future conference in Mount Juliet, Tennessee, on October 9, 2024.Seth Herald | AFP | Getty Imagesstarbucks The company announced Friday that it has hired Amazon veteran Anand Varadarajan as its new chief technology officer. Varadarajan spent nearly 19 years at Amazon, most recently leading technology and supply chain for the tech giant’s global grocery operations.Varadarajan, who also previously held software engineering positions at Oracle, will take over as executive vice president and CTO starting January 19, reporting to CEO Brian Nicol, according to…

Relatives of the late President John F. Kennedy criticized the center’s board of directors, saying they could not legally change the name.Published December 20, 2025December 20, 2025Click here to share on social mediaShare 2shareDonald Trump’s name has been added to the Kennedy Center in Washington, DC. It comes just one day after his hand-picked board members controversially voted to rename the arts institution, marking the first time a national institution has been named after a sitting U.S. president.Workers on Friday added metal letters to the building’s exterior declaring it “Donald J. Trump and John F. Kennedy Memorial Performing Arts Center.”Recommended…

While discounts spurred purchases early in the holiday shopping season, total spending growth slowed in the second half of the season, with consumers shifting toward more thoughtful, higher-quality gifts.U.S. consumers have spent $187.3 billion online so far from Nov. 1 to Dec. 12, an increase of 6.1% from the same period last year, according to Adobe Analytics. Total holiday e-commerce spending is still expected to exceed $253 billion, 5.3% higher than last year, but growth will slow in the second half of December as deliveries tighten in time for Christmas. Casey Armstrong, ShipBob’s chief marketing officer, told CNBC that e-commerce…