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A Brief History of Retail
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Rethinking Audiences Middle America: Hear from WSJ Editor in C...
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Kahuzi-Biega National Park in the Democratic Republic of Congo is the only place where visitors can see the largest gorillas in the world. But first rangers must teach the apes to relax. Read the full story: http://on.wsj.com/2sQc8dp
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Příspěvky

Etsy will cut 140 positions, primarily in marketing, product management and administration, in addition to the 80 jobs Etsy said it would trim last month.

Online marketplace Etsy announced another round of layoffs, outlining plans to slash its headcount in an attempt to rein in spending.
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The median existing-home sale price in May was $252,800, the highest on record

Sales of previously owned U.S. homes increased in May, a sign of solid demand during the housing market’s spring selling season despite fast-rising prices and tight inventory.
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Příspěvky

Thinking of giving up tobacco stocks?

Another big investor is giving up cigarettes. Regret has stalked similar decisions in the past, but the timing looks better this time.
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The White House press secretary has made just seven appearances before the media since returning from the president’s first foreign trip more than three weeks ago. And he has adopted a less combative approach.

Once lauded by President Donald Trump for drawing more daytime TV viewers than many soap operas, press secretary Sean Spicer is spending less time in the White House briefing room as questions have been raised about his role.
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Yes, careening through Tokyo in a go-kart dressed as Nintendo's Mario sounds like a lot of fun. The Japanese don't quite see it that way.

Tours inspired by Nintendo’s bestselling video games are taking over the streets of Tokyo, creating headaches for locals grappling with the tacky side of a tourism boom; ‘They really are a nuisance.’
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“I think they took the data to understand what it consisted of,” FBI official Bill Priestap said about Russian hacking efforts.

A senior Department of Homeland Security official told Congress on Wednesday that federal investigators had evidence that the Russian government targeted election systems in 21 states during the 2016 elections.
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Prince Mohammed bin Salman, who is now next in line for the Saudi throne, represents the kingdom’s restless younger generation.

Prince Mohammed wasn’t a widely known figure before his father became king in 2015 and appointed him deputy crown prince. His promotion upends the line of succession for Saudi Arabia.
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The retail industry is undergoing another major shift — to e-commerce. How did we get here? http://on.wsj.com/2tsWvpE

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Tropical Storm Cindy is expected to dump 6 to 9 inches of rain from southeastern Louisiana to the Florida panhandle, with some spots getting soaked with as much as 12 inches. Forecasters warned that potential flash flooding could be fatal.

Residents along the Gulf Coast from Texas to Florida braced for tropical storm Cindy, which is expected to unleash torrential rains that could trigger what forecasters described as “life-threatening flash flooding.”
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The Saudi leadership succession change removes almost all doubt that the Saudis’ state-run oil company, known as Saudi Aramco, will list a portion of its shares publicly, a controversial move driven by Prince Mohammed that had been opposed in some corners of the kingdom.

Mohammed bin Salman’s promotion to crown prince of Saudi Arabia will drive forward his plan to list the kingdom’s state oil company and strengthen his mandate to diversify its economy.
wsj.com|Od Nikhil Lohade

Recent signs of a firming economy are a boon for Emmanuel Macron.

French economic output is improving and will record its fastest growth in six years in 2017, national statistics agency Insee said Tuesday, giving President Emmanuel Macron a boost as he sets out to shake up the economy.
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As banks retreat from bond markets, it is the bigger funds that are doing well, the small guys less so

Postcrisis regulations have reshaped bond markets with big banks now trading less bonds. While bigger bond investors have long had advantages over smaller competitors, differences have become more pronounced.
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The 10-Point: Gerard Baker on today's top news, including the resignation of Uber’s CEO and more.

Sign up here for the daily newsletter: http://on.wsj.com/2tsR7mC

A personal, guided tour to the best scoops and stories every day in The Wall Street Journal, from Editor in Chief Gerard Baker.
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The Japanese government is taking a central role in rescuing one of the nation’s most venerable conglomerates after officials said they would block any bid that could lead to Toshiba’s chip technology leaking to China.

Toshiba said it selected a group led by the Japanese government as the preferred bidder for its memory-chip unit, a sale meant to raise about $20 billion—but a legal fight could block a final agreement.
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For-profit media startups, such as Spoon, Her Campus Media and Odyssey Media, are blossoming in college markets--and leaning on a pool of unpaid student writers.

Chapter-based, for-profit media companies have been popping up in college markets across the U.S. As more traditional outlets struggle, these student-based sites have a lower-cost model to produce content—and revenue.
wsj.com|Od Austen Hufford

What will it take to fix the lack of diversity in advertising? Join WSJ Advertising Editor Suzanne Vranica alongside a panel of advertising experts and CMOs at the Cannes Lions Festival. Watch the Livestream Thursday, June 22nd, 9AM ET.

Fotka uživatele The Wall Street Journal.