Dollar Tree and other discount stores suffer from increased supply change costs COVID-19 outbreaks and congested ports have drastically increased the cost of moving merchandise across the world Dollar Tree said Thursday that rising freight costs will drag down its earnings by $1.50 to $1.60 per share — more than double the 60 cents to… Continue reading Business News – 08-26-2021
Tag: Chip shortage
National News – 5-25-2021
One injured after gunfire near George Floyd Square on first anniversary At least one person suffered non-life-threatening injuries after gunshots were reported near the spot where George Floyd was killed one year ago, a spokesperson for the Minneapolis Police Department said Tuesday The Associated Press earlier reported that as many as 30 shots were heard… Continue reading National News – 5-25-2021
Business News – 5-14-2021
Facebook races to remove anti-vaccine profile picture frames Despite a policy banning anti-vaccine messaging on its platform, Facebook continued to host frames with claims that users can overlay onto their profile pictures After CNBC reached out for comment about one such frame claiming, “my immune system works better than the” followed by a graphic of… Continue reading Business News – 5-14-2021
Business News – 5-13-2021
SpaceX reveals first orbital Starship Plan Elon Musk’s SpaceX revealed its plan for an orbital flight test of its next-generation Starship rocket, which would launch from Texas and then splashdown off the coast of Hawaii Starship prototypes stand at about 160 feet tall, or around the size of a 16-story building, and are built of… Continue reading Business News – 5-13-2021