TJX Cos Inc. is likely to see a strong growth in annual sales as inflation pushes bargain-hungry but brand-conscious customers to off-price retailers offering cheaper deals and promotions. The expected surge in demand for companies such as TJX, Ross Stores, and Burlington Stores Inc follows a dull 2022 in which pandemic-weary consumers refreshed their wardrobes…
TJX Sales May Surge in 2023 on Bargain Hunting for Top Fashion Brands
South Korea Probes Halloween Crowd Surge as Nation Mourns
SEOUL, South Korea—South Korean police investigated on Monday what caused a crowd surge that killed more than 150 people including 26 foreigners during Halloween festivities in Seoul in the country’s worst disaster in years, as President Yoon Suk Yeol and tens of thousands of others paid respects to the dead at special mourning sites. Saturday’s…
Texas Jobs Surge: September Breaks Record for Total Jobs Added in 11 Consecutive Months
Texas once again led the U.S. in job creation over the past 12 months, breaking the state’s all-time record for total jobs for the 11th month in a row, according to new data reported by the Texas Workforce Commission. Texas employers added 40,000 new nonfarm jobs in September, more than double the number they added…
GameStop Is Surging Again on First Stock Split in 15 Years
Shares of GameStop surged Friday after the video game retailer announced that it would attempt its first stock split in 15 years. The Grapevine, Texas, company said in a regulatory filing late Thursday that it wants to increase its share count to 1 billion, from 300 million, so it can implement a stock split in…
Temple Police Chief Resigns Amid Surge of Violence in the Campus Neighborhood
March 25, 2022
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By Susan Snyder From The Philadelphia Inquirer Temple University’s public safety executive and police chief, who has been at the school for more than 36 years, has resigned amid a surge of violence in the campus’ North Philadelphia neighborhood. Charles Leone will step down effective April 29, according to a source close to the university….
Aston Martin Sales Surge, Valkyrie Delays Hit Profit
Aston Martin said sales to dealers in 2021 surged 82 percent, even as the British luxury automaker forecast lower-than-expected annual adjusted core earnings due to delays in shipments of its limited-edition Valkyrie sports car. Aston Martin said 10 Valkyries were shipped in the fourth quarter, fewer than previously planned. Aston Martin, fictional agent James Bond’s…
Oil Slips in US as COVID-19 Surge Halts Flights
LONDON—U.S. oil fell on Monday after airlines called off thousands of flights over the Christmas holidays amid surging COVID-19 cases, though Brent crude gained support from hopes that the Omicron variant will have a limited impact on global demand. More than 1,300 flights were canceled by U.S. airlines on Sunday as COVID-19 reduced the number…
4 Ways to Lead Your Organization Through the Omicron Surge
By Claire Brummell We are all aware that navigating the last couple of years has had a devastating impact on our organizations and teams, but then for a few brief months, it seemed like we could see the light at the end of what has been a very dark pandemic tunnel. And then came the…
Omicron Coronavirus Cases Surge in UK, Scientists See Bigger Wave
LONDON—Britain reported a surge in cases of the Omicron coronavirus variant on Saturday, which government advisers said could be just the tip of the iceberg, and London’s mayor declared a “major incident” to help the city’s hospitals cope. The number of Omicron cases recorded across the country hit almost 25,000 as of 1800 GMT on…
US Labor Costs Surge in the Third Quarter; Productivity Falls Sharply
WASHINGTON—U.S. unit labor costs surged in the third quarter, while productivity declined at its sharpest pace since 1981, adding to signs that high inflation could last for a while. The Labor Department said on Thursday that unit labor costs, the price of labor per single unit of output, increased at an 8.3 percent annualized rate…
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