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Stitch Fix shares crater as retailer swings to loss, cuts full-year forecast

Stitch Fix shares crater as retailer swings to loss, cuts full-year forecast

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Stitch Fix posted a lower-than-expected loss in the fiscal first quarter and beat analysts' sales expectations.Sales were driven by more users thanks to its freestyle direct-buy option.But the company cut its revenue outlook...
Stocks Rally For A Second Day—Dow Gains 500 Points—As Investors Shake Off Omicron Fears

Stocks Rally For A Second Day—Dow Gains 500 Points—As Investors Shake Off Omicron Fears

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Top Line The stock market rallied on Tuesday, extending a strong rebound from last week's rough patch, as concerns about the Omicron version continued to ease and investors bet on stocks tied to...
Biden bank regulator pick Saule Omarova withdraws after Senate fight over her background

Biden bank regulator pick Saule Omarova withdraws after Senate fight over her background

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President Joe Biden's nominee for comptroller of the currency, Soule Omarova, has withdrawn from Senate consideration for the position.Omarova's return came after concerns from Republican senators about her writings as a legal scholar,...
Judge Blocks Biden Administration Vaccine Mandate for Federal Contractors

Judge Blocks Biden Administration Vaccine Mandate for Federal Contractors

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Federal judge in Georgia issues nationwide preliminary injunction after administration likely exceeded its authority Judge Baker wrote that the mandate goes far beyond addressing "administrative and management issues" related to the contract...
Amazon Web Services Has ‘No ETA For Full Recovery’ Of Outages Impacting Disney+, Amazon And Other Major Sites

Amazon Web Services Has ‘No ETA For Full Recovery’ Of Outages Impacting Disney+, Amazon...

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Top Line Amazon Web Services, which provides cloud computing services for major companies such as Disney, Sony and Netflix, suffered a major loss on Tuesday morning and said there was no time frame...
Lawmakers Reach Compromise on Defense Bill

Lawmakers Reach Compromise on Defense Bill

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Legislation includes reform of military justice, but lawmakers drop proposal to register women for selective service This year lawmakers agreed to make major changes to the military justice system, but scrapped plans...
HarperCollins Pulls Chris Cuomo’s Book Following CNN Firing

HarperCollins Pulls Chris Cuomo’s Book Following CNN Firing

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Top Line HarperCollins will no longer publish the upcoming book by Chris Cuomo, the former TV anchor fired by CNN last weekend after new documents suggested he continued to offer help to advisers...
Looking Ahead: State Tax Policy Trends To Watch Next Year

Looking Ahead: State Tax Policy Trends To Watch Next Year

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new year 2022 question risk danger warning sign getty Carl Davis of the Institute for Taxation and Economic Policy discusses the biggest trends in state tax policy this year and...
Mark Meadows Facing Contempt Proceedings Unless He Shows Up For Deposition Wednesday

Mark Meadows Facing Contempt Proceedings Unless He Shows Up For Deposition Wednesday

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Top Line House committee probing January 6 capital riots plans Contempt of Congress proceedings against former White House chief of staff Mark Meadows to begin if he doesn't show up for a statement...
No, Biden Won’t Extend Student Loan Relief Again

No, Biden Won’t Extend Student Loan Relief Again

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President Joe Biden (Photo by Ethan Miller/Getty Images) Getty Images No, President Joe Biden will not extend student loan relief beyond January 31, 2022. Here's what you need to know...
Ghislaine Maxwell Arranged Sexual Massages for Jeffrey Epstein, Accuser Says

Ghislaine Maxwell Arranged Sexual Massages for Jeffrey Epstein, Accuser Says

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Woman describes giving Epstein over 100 sexual massages from the age of 14, many facilitated by Maxwell Ms Maxwell called her to set up a massage during the first year of their...
Facebook’s head of Messenger leaving company in 2022 as executive exodus continues

Facebook’s head of Messenger leaving company in 2022 as executive exodus continues

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Facebook's executive exodus continued on Tuesday, with the company's Messenger division chief Stan Chudnovsky announcing he would be leaving in 2022. Chudnovsky's departure comes after more than three years running the company's Messenger...
Capitol Police Crisis: 200 Have Left And Less Than Half Of Post-Jan. 6 Security Recommendations Have Been Made, Official Says

Capitol Police Crisis: 200 Have Left And Less Than Half Of Post-Jan. 6 Security...

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Top Line Almost a year after the January 6 riots in the Capitol, the Capitol Inspector General of Police stated that the Capitol Police Department had more work to do to secure the...
Comcast shares dip on broadband subscriber guidance that shows slowing growth

Comcast shares dip on broadband subscriber guidance that shows slowing growth

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Shares of Comcast fell on Tuesday after the company provided updated full-year broadband additional guidance.Comcast expects to add a total of 1.3 million net broadband this year, Dave Watson, Comcast Cable's president and...
U.S. Aims to Peel Back Shell Companies by Requiring New Ownership Rules

U.S. Aims to Peel Back Shell Companies by Requiring New Ownership Rules

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The rules proposed by the Treasury Department require more information about the owners and agents who register the companies. National security and law-enforcement officials say these rules will be a useful tool in...
The New Way to Jump to the Front of Airport Security for Free

The New Way to Jump to the Front of Airport Security for Free

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Airports across the country are allowing travelers to make an appointment for TSA screening, partly in response to pandemic travel stress Seattle's airport rolled out its reservation system earlier this year and...
Chile Legalizes Same-Sex Marriage

Chile Legalizes Same-Sex Marriage

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Top Line Chile's Congress on Tuesday passed a landmark bill legalizing same-sex marriage, becoming one of a handful of countries in the world. historically catholic Latin America to do so. ...
Chris Cuomo book cancelled by publisher HarperCollins after CNN host’s firing

Chris Cuomo book cancelled by publisher HarperCollins after CNN host’s firing

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Publisher HarperCollins scrapped plans to publish a book by Chris Cuomo, which was sacked by CNN over the weekend because of controversy over his role of advising his brother, disgraced ex-New York Gov....
Biden Warns Putin Of A ‘Strong’ Response If Russia Invades Ukraine

Biden Warns Putin Of A ‘Strong’ Response If Russia Invades Ukraine

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Top Line The White House said President Joe Biden warned Russian President Vladimir Putin that there would be "strong economic and other measures" if Russia went ahead with the invasion of Ukraine during...
U.S. warns 5G wireless use could prompt flight diversions

U.S. warns 5G wireless use could prompt flight diversions

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WASHINGTON, Dec 7 (Businesshala) - The US Federal Aviation Administration (FAA) warned on Tuesday that interference with the planned use of 5G wireless spectrum posed an air safety risk and could result in...
Judge Temporarily Blocks Biden Covid Vaccine Mandate For Contractors Nationwide

Judge Temporarily Blocks Biden Covid Vaccine Mandate For Contractors Nationwide

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Top Line a federal judge on Tuesday stopped The Biden administration's federal vaccine mandate for federal contractors and subcontractors across the country is the latest legal blow to efforts to force White House...
Vanguard BrandVoice: Financial Wellness: How You Can Achieve It

Vanguard BrandVoice: Financial Wellness: How You Can Achieve It

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Comment by Annie Wilson, Vanguard Senior Behavioral Scientist vanguard Can you handle unexpected expenses? Do you overreact to market volatility? What is your outlook for your financial future? Answering...
Space infrastructure company Loft Orbital raises 0 million from BlackRock and others

Space infrastructure company Loft Orbital raises $140 million from BlackRock and others

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Loft Orbital, a space infrastructure start-up, has raised $140 million in a new round of funding, led by investment giant BlackRock.The San Francisco-based company launched its first mission to space earlier this year,...
Anti-Trump group led by Bill Kristol hires lobbyists to push presidential power reform

Anti-Trump group led by Bill Kristol hires lobbyists to push presidential power reform

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A non-profit group that has funded attacks on former President Donald Trump during his term has hired lobbyists to pressure him to reform the president's powers.Defending Democracy Together, which is run by longtime...
Jeep Maker Stellantis Bets on Software to Boost Revenue

Jeep Maker Stellantis Bets on Software to Boost Revenue

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The auto maker plans to hire more engineers and triple the number of cars the software generates sales The auto maker, which owns several brands including Jeep, Chrysler and Peugeot, said it targeted...
Ghislaine Maxwell Accuser Said She Was Paid To Give Jeffrey Epstein Sexual Massages As A 14-Year-Old

Ghislaine Maxwell Accuser Said She Was Paid To Give Jeffrey Epstein Sexual Massages As...

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Top Line Another woman testified Tuesday that Ghislaine Maxwell hired her when she was 14 to massage Jeffrey Epstein and perform sexual acts—sometimes involving other alleged victims—against Maxwell. Became...
U.S. warns 5G wireless use could prompt flight diversions

Discord begins testing premium subscriptions in creator economy push

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December 7 (Businesshala) - Chat platform Discord will launch a pilot trial so that content creators can sell subscriptions to access their online communities, the company said on Tuesday, as it aims to...
Vanguard BrandVoice: 8 Important Questions Successful Savers Ask Regularly

Vanguard BrandVoice: 8 Important Questions Successful Savers Ask Regularly

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Fact: A good shower over and over again is one of life's greatest pleasures. Whether it's a shiny new pair of shoes, your artsy coffee drink of choice, or the essential tech...
Democrats’ new plan to raise the debt limit will rely on some help from Republicans

Democrats’ new plan to raise the debt limit will rely on some help from...

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Congressional leaders are considering a strategy that would allow Democrats to raise the US debt limit without Republican votes.The Treasury Department estimates that the US will not be able to pay its bills...
Charlottesville Robert E. Lee Statue To Be Melted Down By African-American Heritage Center

Charlottesville Robert E. Lee Statue To Be Melted Down By African-American Heritage Center

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Top Line The statue of Confederate General Robert E. Lee, which became the focal point of a 2017 white nationalist rally in Charlottesville, Virginia, will be handed over to a local African-American museum,...
U.S. warns 5G wireless use could prompt flight diversions

EXCLUSIVE Amazon offered France deal to have bill protecting bookshops pulled

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SummaryAmazon proposed delivery fee of around 2 euros: MPThe proposal was made during the meeting of 25 August in ParisAmazon says raising minimum fee will hurt consumersParliament is expected to approve the bill...
Vanguard BrandVoice: 4 Smart Ways To Find Balance As An Investor

Vanguard BrandVoice: 4 Smart Ways To Find Balance As An Investor

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A wise man once said, "Aim for balance in all things." Everything would be great, but let's start with investing, where it's important to find the right balance between risk and reward....
Bannon Contempt Trial Set For July After Ignoring Jan. 6 Committee

Bannon Contempt Trial Set For July After Ignoring Jan. 6 Committee

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Top Line A federal judge on Tuesday set a July 18 hearing date for former Trump strategist Steve Bannon after a January 6 indictment of not complying with a House committee investigating the...
Medicare’s Open Enrollment Period Postmortem: What You Can Learn For Next Year

Medicare’s Open Enrollment Period Postmortem: What You Can Learn For Next Year

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2021 Medicare Open Enrollment reaches the end of the road on December 7, 2021. getty By December 7, 2021 Open Enrollment Period is history. It is always a challenging...
The Digital Car Is Coming. It Might Not Be More Profitable.

The Digital Car Is Coming. It Might Not Be More Profitable.

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Chrysler owner Stelantis on Tuesday chalked out a strategy to generate additional revenue from in-vehicle software sales At the heart of its new approach is "STLA Brain," a new technology platform that will...
Americans Are Concerned About Omicron—But Won’t Change Their Plans For It, Poll Finds

Americans Are Concerned About Omicron—But Won’t Change Their Plans For It, Poll Finds

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Top Line The arrival of the Omicron version of the coronavirus is unlikely to affect people's everyday behavior, a new Axios/Ipsos vote finds, as relatively few respondents said they were planning to make...
Goldman Sachs more concerned about inflation than COVID-19

Biden tells Putin that U.S. will respond if Russia escalates military action against Ukraine

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President Joe Biden on Tuesday warned Russian President...