Tag Archives: Struggling

Day-trippers flocked to a popular Aussie beach as the mercury soared to 30 degrees earlier this month. As they splashed in waters that felt like a warm tropical bath, an extremely rare Antarctic seal joined them. But all was not well. Acclimatised to an icy wilderness rather than stifling Port Phillip Bay, the crabeater seal kept its eyes closed and barely moved. “Some people were really curious, but most were ignoring it and just trying to keep cool. They probably didn’t realise how rare… Source link

Struggling retailer Gap (GPS) is in crisis mode ahead of the crucial selling periods of back to school and the holidays, with the stock down nearly 6% in pre-market trading after it revealed the departure of its CEO. Gap surprised a few on the Street Monday evening after the market close by announcing CEO Sonia Syngal would be stepping down as CEO after a “brief” transition period. In her place, executive chairman Bob Martin will assume the role as interim CEO. Syngal was seen as a potential… Source link

It’s no secret that the last few years have had a devastating effect on Americans’ mental health. The coronavirus pandemic was the trigger, but it’s not the only factor at play. Stock market volatility has affected finances, millions of Americans lost their jobs over the past two years, and global conflict like the Russia-Ukraine war has only added to the pressure. It’s why Headspace Health CEO Russell Glass is encouraging everyone to consider meditation. “We think about meditation… Source link

U.S. stocks were mixed at the end of a choppy session Tuesday as markets struggled to recover from a sharp sell-off that sent all three major indexes to their lowest level year-to-date to start the week. The S&P 500 was 0.3% higher after the benchmark closed below 4,000 for the first time since March 2021 on Monday, deepening losses from its longest streak of weekly declines since 2011. The Dow Jones Industrial Average fell for a fourth straight day to close 85 points, or 0.3% lower, and the… Source link

Cryptocurrency’s breakthrough from the financial fringes to the mainstream has been characterized by major investors like Paul Tudor Jones — and some companies like Microstrategy (MSTR) and Tesla (TSLA) — dipping their toes into Bitcoin (BTC-USD). Even Apple (AAPL) CEO Tim Cook is getting in on the action. Yet some financial advisors and wealth managers appear to be struggling over how to adapt to the new era, in a sector defined by head-spinning price action, still-evolving regulation,… Source link

The Biden administration’s move to extend an eviction moratorium has done little to resolve a looming crisis — or rising tensions between tenants and landlords, with both camps stuck in a cycle of mounting confusion and despair. For now, evictions are again on hold across the U.S.: tenants have until October 3 to obtain government help to pay their rent. However, the extension is already being challenged in court — spearheaded by — where it may not survive legal scrutiny. A growing… Source link

So much for this year being the Big Ten’s best chance to end its 21-year national title drought. College basketball’s supposed strongest league has been the NCAA tournament’s biggest disappointment. Nine Big Ten teams secured NCAA tournament bids on Selection Sunday, more than any other league in college basketball. Eight days later, only Michigan is still alive. The carnage started in the First Four when Michigan State squandered a 14-point lead against UCLA. Purdue then crumbled in the… Source link

A struggling fisherman has discovered one of the most expensive pearls in the world while on a beach in Thailand. Hatchai Niyomdecha, 37, was picking up oyster shells with his family when they stumbled upon the rare shell in Nakhon Si Thammarat province on January 27. Hatchai found a discarded buoy ball washed ashore with three beautiful shells sticking to it so he called his brother Worachat Niyomdecha, 35, to have a look. The two men picked the shells off the ball and took it home so they… Source link

British business leaders called on the government to rescue Eurostar, reports said, after the firm said it was close to collapse following border closures to contain new Covid-19 strains. Until recently a symbol of easy high-speed rail travel in Europe, Eurostar has been crippled by the coronavirus crisis, with its special platforms and facilities in Paris, London and Brussels now eerily quiet. The group is currently running just one service a day between Paris and London, a far cry from… Source link

The stimulus bill that President Donald Trump signed on Sunday includes $284 billion in new aid for small businesses, and key stakeholders hope the rollout of a “second draw” will be less chaotic than an initial round of loans granted under the Paycheck Protection Program (PPP) this spring. Last time around, the PPP was a plane still being built even after it took off. Businesses began applying for the forgivable loans on April 3 — just days after the initial stimulus bill was signed… Source link