Two million electricity customers in Florida remained without power Friday
morning, according to the tracking site poweroutage.us. The outages were most
pronounced in Lee and Charlotte counties, the areas where Hurricane Ian came
onshore Wednesday as a Category 4 hurricane with maximum sustained wi
Best Buy founder and chairman Richard Schulze has long run the company like a
family business. Now, his long shadow could complicate the hunt for a new chief
executive at a crucial juncture.
Richard Rainwater, a legendary deal maker who helped turn the Bass brothers of
Texas into billionaires and later became one himself, while serving as a mentor
to a new generation of investment wizards, died on Sunday at 71.
A political backlash is rising in Texas, one of the states that most
aggressively encouraged toll-road construction, as residents realize that many
major urban freeways are increasingly no longer free.
The fire that killed 112 garment workers in Bangladesh last weekend underscores
the challenges retailers face trying to track health and safety conditions at
the far-flung, low-cost factories that make the clothes they sell.
A gunman in a crowded Colorado movie theater that was screening the latest
Batman movie opened fire shortly after midnight, killing at least 12 people and
wounding 58 others.
Wal-Mart is quietly bringing back rifles, shotguns and ammunition to hundreds of
U.S. stores as it tries to reinvigorate its one-stop shopping appeal. The
firearms will be available in about half of its stores, up from a third of them.
Major big-box retailers have been shifting to smaller stores—and scratching
around for more profitable ways to fill under-used spaces as they go about
reinventing themselves.
Retailers and manufacturers are slashing flat-screen television prices more
aggressively than usual this holiday season in hopes of avoiding a pileup of
inventory.
Wal-Mart plans to roll out electronic ID tags to track individual pairs of jeans
and underwear, the first step in a system that advocates say better controls
inventory. Some critics have privacy concerns.