Online retailers are facing a growing basket abandonment crisis
According to figures from Retail Economics and GFS, there was a 9% increase in shopping cart abandonment last year, equating to around £3 billion in lost sales. Online retailers lost…
British companies are facing a £42 billion debt crisis following the era of ultra-low interest rates
British companies are bracing for a debt crisis as high interest rates are expected to cost a further £41.7 billion by the end of the decade. The expiration of cheap…
Brazil's Rio Grande do Sul is facing economic problems after flooding and an unclear path to reconstruction
RIO DE JANEIRO — Floods in the Brazilian state of Rio Grande do Sul destroyed almost everything necessary for economic activity, from local shops to factories, farms and ranches. The…
Disgraced officer Derek Chauvin is facing a $9 million excessive force lawsuit
As we previously reported, a medical examiner ruled Floyd's death a homicide, noting that heart disease and drug use contributed to his death, but that restraining his body and compressing…
Virgin Atlantic is facing a tribunal over claims of unfair dismissal of older cabin crew
Hundreds of former Virgin Atlantic cabin crew have filed a lawsuit against the airline for unfair dismissal as part of Covid-related redundancies targeting older staff. London's employment tribunal will next…
The Minneapolis Police Department is facing a major officer shortage as it tries to rebuild public trust
Minneapolis – On a recent Wednesday afternoon, Minneapolis Police Chief Brian O'Hara rushed to a priority call. “I'm trying to come out and show the officers that I'm here to…
Greggs is facing pressure on profit margins due to rising labor costs
Greggs, the popular bakery chain, is struggling with rising labor costs, which are impacting profit margins, despite a notable increase in sales in the first quarter. Roisin Currie, chief executive…
Warren Buffett is facing a cheap drought – and has cut his bet on Apple because it's a 'one-trick pony', says an expert
Warren Buffett. REUTERS/Rick Wilking Warren Buffett is building money because he can't find anything better, said Ted Oakley. Buffett likely cut his stake in Apple to reduce his exposure to…
“We Don't Control the Border. The Cartel Controls the Border” – Border Patrol Whistleblower Reveals What Agents Are Facing Thanks to Joe Biden (VIDEO) | The Gateway expert
A Border Patrol whistleblower spoke with NewsNation reporter Ali Bradley and revealed what he and other agents are facing thanks to Joe Biden's dangerous open borders policy. More than 10…
Boohoo is facing financial problems amid declining sales and increased debt
Boohoo, the online fashion retailer known for its diverse portfolio of brands including Debenhams and Pretty Little Thing, is facing significant financial challenges as losses soar and sales plummet. The…
