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Shoppers are increasingly exploiting return policies with various scams to defraud companies, and it is costing retailers billions. While retailers have tried to mitigate returns, they amounted to $743 billion in 2023. Of that, about $101 billion was fraudulent, according to the National Retail Federation. This problem is getting more sophisticated as shoppers grow increasingly duplicitous, such […]
Warren E. Buffett took a shot at President Trump’s efforts to use tariffs to batter global commerce on Saturday, as his $1.1 trillion conglomerate, Berkshire Hathaway, braced for potential hits from American trade policies. “Trade should not be a weapon,” Mr. Buffett said at Berkshire’s annual shareholder meeting, a perennially popular event that has been […]
For months, French businesses have been bracing for the fallout of trade wars and tariff threats from the United States as the effects of President Trump’s “America First” policies ripple out. But this past week, the French corporate world was roiled by another type of Trump missive. In a terse three-paragraph letter sent by the […]
It’s not a lot of fun being an administrator at an elite, woke university now that we have a new sheriff in the White House. Instead of coddling campus antisemites as Sleepy Joe Biden did, Donald Trump is demanding their expulsion. Those with green cards who support Hamas are getting expelled. Trump is cutting off […]
Accenture has reportedly scrapped its diversity, equity and inclusion goals – becoming the latest major tech company this week to walk back the policies under conservative pressure. The global IT services company – which is based in Dublin, Ireland and hires extensively from India – will start “sunsetting” its 2017 diversity goals, according to an […]
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes. Minutes from the meeting, released after the typical three-week lag, also showed clear division among the Fed’s 19 policymakers. […]
Walmart is making a slate of changes to its diversity, equity and inclusion (DEI) policies, becoming the latest in a growing list of major corporations to halt the so-called “woke” initiatives. Anti-woke activist and filmmaker Robby Starbuck, who has been leading a campaign exposing major corporations’ woke policies, said on X on Monday that he warned Walmart […]
