Steve Bannon, who until yesterday was chief strategist to US president Donald Trump, has barely been out of the White House a day, but whisperings…
BURN NOTICE
What will happen if you look at the solar eclipse without glasses
In 1962, a teenager in Oregon named Lou Tomososki and a friend both made the mistake of looking directly at a partial solar eclipse without…
ON THE THRONE
Lured by “Game of Thrones,” cord-cutters have sent HBO’s streaming app to number one
If you’re judging by what’s happening in Apple’s App Store, Game of Thrones is currently generating more money than hookups, music streaming, crushing candy, and…
ALL ABOUT THE SWOOSH
Foot Locker has a Nike problem
Foot Locker sells sneakers and clothes from many of the top brands in the sportswear industry, and Nike, including its Jordan brand, is by far…
BATTLE OF THE BILLIONAIRES
Alibaba is almost as valuable as Amazon and closing the gap fast
Alibaba is on a tear. Since the start of 2017, New York-listed shares for China’s largest e-commerce company have jumped almost 90% in value, and…
UPSETTING
Costco owes Tiffany $19 million for selling 2,500 “Tiffany” diamond rings
Tiffany has become synonymous with a few different things in the 180 years the jewelry brand has been in business. One is its little boxes…
EASY COME, EASY GO
“You can’t change history”: Read Donald Trump’s defense of Confederate statues
It didn’t take protesters much effort to topple a century-old Confederate statue at a rally in Durham, North Carolina, on Aug. 14. One protester climbed…
TRUST ISSUES
Your “made in China” clothes may actually have been made in North Korea
We trust the tags on our clothes to truthfully identify where the clothing was made. But they don’t always tell the whole story. Reuters reports…
PENNEY STOCK
JCPenney shares have sunk to an all-time low
After another sharp decline today, following yet another batch of disappointing quarterly results, JCPenney’s stock has hit an all-time low. It fell below $4 a…
WOOHOO!
US department stores are doing less terribly than expected
Major US department stores are delivering some less-bad news for a change. Business still isn’t good—at many stores, sales are still plunging—but based on the…
YOU DECIDE
American Apparel is testing shoppers with identical “Made in America” vs. foreign-made clothes
American Apparel is giving shoppers who want their goods “Made in the USA” a chance to put their money where their mouths are. The company’s…
NEW CONTENDER
Bad news for J.Crew: UK fast-fashion giant ASOS is making a big play for the US
ASOS, the UK’s largest online fashion retailer, is building a giant new fulfillment center in the US that will serve as a launching point for…
