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David Jones, the 188-year-old Australian department store, has collapsed into administration after pursuing expansion into suburban markets while abandoning its exclusive positioning, facing potential store closures and uncertain prospects for 6,000 employees.
A union representing Amtrak onboard workers has criticized a planned policy to permit passengers to carry firearms in locked boxes on trains, calling it dangerous and comparing it unfavorably to aviation restrictions.
Small retailers face mounting pressure as shipping costs surge this holiday season, with some businesses absorbing losses rather than passing full expenses to price-sensitive customers.
Global automakers face mounting pressure heading into 2027, with rising costs, weaker vehicle pricing, and intense Chinese competition threatening profits and growth prospects.
The US added 165,000 jobs in October, exceeding economist expectations amid ongoing Middle East conflict and inflation concerns, with the unemployment rate declining to 4.1%.
Three major cruise companies report strong earnings despite rising fuel costs, employing divergent strategies including hedging derivatives or reducing fuel consumption to manage expenses.
