Chile’s president has declared a state of emergency after an electricity blackout plunged most of the country into darkness on Tuesday, including the capital Santiago. The outage – in the middle of Chile’s summer, when temperatures in Santiago are around 30 degrees Celsius (86 degrees Fahrenheit) – has affected some 8 million homes, President Gabriel Boric said in an address ...
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial Protection Bureau. Dimon was asked by CNBC’s Leslie Picker whether he supported efforts by Elon Musk’s Department of Government Efficiency. He declined to give what he called a “binary” ...
Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores open. In a statement, the company said it would commence nationwide going-out-of-business sales as a stipulation of the group that won its assets at auction. ‘JOANN leadership, our Board, advisors and legal partners made every possible effort to ...
Denny’s is the latest nationwide restaurant chain to announce surcharges for meals that include eggs in response to a nationwide shortage that has sent U.S. prices skyward. In a statement, the breakfast giant said that individual markets and restaurants would be responsible for deciding the surcharge price. It declined to quote any pricing examples, describing it as a ‘fluid situation.’ ...
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO. Ming took the helm of the flats maker from co-founder Stephen Hawthornthwaite in January 2024. Under her direction, the company grew sales 17% to $211 million last year, its best volume year ...
China and Russia “cannot be moved away” from one another, Chinese leader Xi Jinping told his counterpart Vladimir Putin on Monday, in their first phone call since US President Donald Trump upended American foreign policy with a sweeping pivot toward Moscow as he pushes for peace in Ukraine. The call, which took place as Kyiv marked the third anniversary of ...
Early on October 18, 2024, police in Wales police received a phone call from a member of the public. It was the start of a mystery that remains unsolved four months later. There was a body in the water of the Claerwen Reservoir, the caller said, according to a statement released by Dyfed-Powys Police on Sunday. The reservoir is a ...
Editor’s Note: This article contains distressing details from the outset. The numbers involved in France’s largest child abuse trial are staggering: 299 alleged victims, sexually abused in 10 hospitals and clinics over 25 years – all by one doctor, prosecutors say. As the court case began Monday in Morbihan, Brittany, with retired gastrointestinal surgeon Joel Le Scouarnec accused of decades ...
Russia says it is open for economic cooperation with the United States, including on energy and mining rare earth minerals. Moscow’s comments came after US President Donald Trump said Monday he was in “serious discussions” with Russia about ending its war with Ukraine and was “trying to do some economic development deals” with Moscow, noting its “massive rare earth” deposits. ...
A US teenager has been arrested in Paris after her newborn baby was allegedly thrown out of a hotel window and died, multiple French media outlets reported, citing a statement from prosecutors. The teenager, who was not named, was taken to hospital to undergo an operation after giving birth and was subsequently placed under police custody, prosecutors said. Her newborn ...