Showing 145 to 156 of 171 results
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Progress
52% Bias Score
Cable TV Viewership Plummets: Media Giants Take Billions in Write-Downs
In 2024, only three cable networks averaged over one million primetime viewers, down from 19 in 2014, due to cord-cutting and streaming's rise; Warner Bros. Discovery and Paramount Global announced $15 billion in write-downs, reflecting cable's declining value.
Cable TV Viewership Plummets: Media Giants Take Billions in Write-Downs
In 2024, only three cable networks averaged over one million primetime viewers, down from 19 in 2014, due to cord-cutting and streaming's rise; Warner Bros. Discovery and Paramount Global announced $15 billion in write-downs, reflecting cable's declining value.
Progress
36% Bias Score
Brompton Profits Plunge 99% Amid Bicycle Market Turmoil
Brompton Bicycle's profits plunged 99% to £4,602 in the year to March 2024, due to reduced sales (down 5.3% to £122.6m) amid industry-wide overstocking and discounting following the pandemic, forcing the company to halt expansion plans and cancel dividends.
Brompton Profits Plunge 99% Amid Bicycle Market Turmoil
Brompton Bicycle's profits plunged 99% to £4,602 in the year to March 2024, due to reduced sales (down 5.3% to £122.6m) amid industry-wide overstocking and discounting following the pandemic, forcing the company to halt expansion plans and cancel dividends.
Progress
52% Bias Score
UK Retail Job Losses Surge to 169,395 in 2024
The UK lost 169,395 retail jobs in 2024—a 42% increase from 2023—due to business failures (e.g., Homebase, The Body Shop), cost-cutting, and rising economic pressures, exceeding 2023 levels and only slightly less than the 2020 pandemic's impact.
UK Retail Job Losses Surge to 169,395 in 2024
The UK lost 169,395 retail jobs in 2024—a 42% increase from 2023—due to business failures (e.g., Homebase, The Body Shop), cost-cutting, and rising economic pressures, exceeding 2023 levels and only slightly less than the 2020 pandemic's impact.
Progress
36% Bias Score
Container Store Files for Bankruptcy Amid Retail Downturn
The Container Store, facing $230 million in debt and declining sales, filed for Chapter 11 bankruptcy protection on Sunday; the company plans to restructure and remain operational during a 35-day process, receiving $40 million in new financing.
Container Store Files for Bankruptcy Amid Retail Downturn
The Container Store, facing $230 million in debt and declining sales, filed for Chapter 11 bankruptcy protection on Sunday; the company plans to restructure and remain operational during a 35-day process, receiving $40 million in new financing.
Progress
40% Bias Score
Party City Closes All Stores, Ending 40-Year Run
Party City, the largest US party supply retailer, is closing all stores immediately, impacting approximately 16,500 employees and ending nearly 40 years in business due to insurmountable financial challenges related to inflation, decreased consumer spending, and competition from e-commerce.
Party City Closes All Stores, Ending 40-Year Run
Party City, the largest US party supply retailer, is closing all stores immediately, impacting approximately 16,500 employees and ending nearly 40 years in business due to insurmountable financial challenges related to inflation, decreased consumer spending, and competition from e-commerce.
Progress
44% Bias Score
Record German Employment in 2024 Amidst Economic Downturn
Germany reached record employment in 2024 with 46.1 million employed, exceeding 2023's figures by 72,000 despite an ongoing economic downturn; this increase, fueled by domestic participation and immigration, masks sector-specific job losses and doesn't negate the anticipation of further decline in 2...
Record German Employment in 2024 Amidst Economic Downturn
Germany reached record employment in 2024 with 46.1 million employed, exceeding 2023's figures by 72,000 despite an ongoing economic downturn; this increase, fueled by domestic participation and immigration, masks sector-specific job losses and doesn't negate the anticipation of further decline in 2...
Progress
36% Bias Score
China Box Office Crumbles Amid Economic Slump
China's 2024 box office revenue fell 23% to $5.8 billion, defying expectations of increased spending on entertainment during economic downturns; reduced film production and weak consumer spending contributed to the decline.
China Box Office Crumbles Amid Economic Slump
China's 2024 box office revenue fell 23% to $5.8 billion, defying expectations of increased spending on entertainment during economic downturns; reduced film production and weak consumer spending contributed to the decline.
Progress
60% Bias Score
U.S. Stock Market Predicted to Decline in Early 2025 Due to Eight Factors
The U.S. stock market's 2024 rise, exceeding company earnings and economic fundamentals, is unsustainable and is expected to decline in early 2025 due to eight factors: outpacing earnings, bond market break, inflation, falling homebuilder stocks, U.S. government fiscal issues, global conflicts, clim...
U.S. Stock Market Predicted to Decline in Early 2025 Due to Eight Factors
The U.S. stock market's 2024 rise, exceeding company earnings and economic fundamentals, is unsustainable and is expected to decline in early 2025 due to eight factors: outpacing earnings, bond market break, inflation, falling homebuilder stocks, U.S. government fiscal issues, global conflicts, clim...
Progress
48% Bias Score
US Stocks Plunge on Friday Despite Year of Record Highs
US stocks fell sharply on Friday, December 27th, 2024, with the Dow Jones Industrial Average down 350 points (0.7%), the S&P 500 down 1.2%, and the Nasdaq Composite down 1.6%, due to profit-taking in the tech sector and thin trading volume during the holiday week, despite a year of record highs.
US Stocks Plunge on Friday Despite Year of Record Highs
US stocks fell sharply on Friday, December 27th, 2024, with the Dow Jones Industrial Average down 350 points (0.7%), the S&P 500 down 1.2%, and the Nasdaq Composite down 1.6%, due to profit-taking in the tech sector and thin trading volume during the holiday week, despite a year of record highs.
Progress
52% Bias Score
Container Store Files for Bankruptcy Amidst Retail Downturn
The Container Store, facing $230 million in debt and weak sales, filed for Chapter 11 bankruptcy protection on Sunday, aiming to restructure and continue operations while navigating a challenging retail environment marked by high interest rates and increased competition.
Container Store Files for Bankruptcy Amidst Retail Downturn
The Container Store, facing $230 million in debt and weak sales, filed for Chapter 11 bankruptcy protection on Sunday, aiming to restructure and continue operations while navigating a challenging retail environment marked by high interest rates and increased competition.
Progress
40% Bias Score
White-Collar Job Cuts Reshape US Labor Market
Amidst a shrinking job market, September 2024 saw nearly 500,000 US white-collar job cuts in professional and business services, fueled by high interest rates, AI automation, and corporate restructuring; Google reduced its top management by 10%.
White-Collar Job Cuts Reshape US Labor Market
Amidst a shrinking job market, September 2024 saw nearly 500,000 US white-collar job cuts in professional and business services, fueled by high interest rates, AI automation, and corporate restructuring; Google reduced its top management by 10%.
Progress
44% Bias Score
Showing 145 to 156 of 171 results