Markets

Cargo thieves have set their sights on data center supplies

Cargo thieves have a new target.Investigators with the Cook County Sheriff’s office in Illinois said last week they recovered a pair of trailers with $1.3 million worth of data center supplies at a Chicago-area truck yard.Officials said the organized retail crime unit was tipped off about a trailer containing about…

THEN AND NOW: Taylor Swift’s star-studded ‘squad’ of friends

Gomez has furthered her own music career and even performed “Hands to Myself” with Swift during a May 2018 Reputation tour stop.While on the stage, Gomez gave a tribute to her longtime pal in front of Swift’s fans.”The reason why she’s one of my best friends is because this person…

Travis Kalanick’s summer commute: a 5-minute jet ski ride

Most people battle traffic to get to work. Travis Kalanick appears to be skipping it altogether.The Uber cofounder and former CEO posted a video on X on Monday showing what he called his “5 minute jet ski commute” across Lake Austin to his new office, giving followers a glimpse of…

British American Tobacco plans to cut 9,000 jobs using AI to save costs

British American Tobacco is planning to cut about 20% of its workforce as it moves forward with using artificial intelligence (AI) to reshape its operations with the goal of lowering costs and boosting profits. The maker of Lucky Strike and Dunhill cigarettes said Monday it plans to cut around 5,500…

The hottest temperature ever recorded in every state

A dangerous heat wave is sweeping parts of the US, but many states set their all-time hottest temperature records decades ago.Alexi Rosenfeld/Getty ImagesGlobal temperatures continue to increase, with 2024 recording the warmest numbers on record.In 2021, Oregon, Utah, and Washington broke heat records.The highest temperature ever recorded in the US…

Saks Global exits bankruptcy and rebrands as Exemplar Luxury Group

Luxury retailer Saks Global on Friday announced it will operate with a new name after it exited bankruptcy after cutting its store count and reducing its debt obligations. The company – which is the parent of notable retail brands including Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman – will…