Target’s weak quarterly earnings underscored why it cut prices on thousands of household staples: it’s struggling to win over bargain hunters. The discounter is not alone. Target’s first-quarter results on Wednesday not only show American consumers are more selective about spending after sustained inflation squeezed their budgets for nearly three years. The company’s declining…
A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent court documents. Since last year, Synapse — an Andreessen Horowitz-backed startup that serves as a middle-man between customer-facing fintech brands and FDIC-backed banks —…
Warner Bros. Discovery is considering matching an offer for the media rights to a package of National Basketball Association games as the league looks to finalize terms — but its focus could be on a potential Amazon package rather than games slated for Comcast’s NBCUniversal, according to people familiar with the matter. It’s the latest…
Families of Rohingya people trapped in Myanmar’s west are desperately trying to contact loved ones after a weekend of widespread arson attacks displaced up to 200,000 people and caused extensive destruction of homes. The country’s Rohingya have long suffered mass atrocities and forced displacement that many – including UN experts…
Tensions are once again ratcheting up in the Taiwan Strait, with China launching military drills encircling Taiwan just days after the democracy swore in a new leader long loathed by Beijing. The exercises began early Thursday, in what China described as “punishment” for “separatist acts” – alluding to the election…
China has launched two days of large-scale military drills surrounding Taiwan in what it called “punishment” for so-called “separatist acts,” days after the self-ruling island swore in a new democratically elected leader who called on Beijing to cease its intimidation tactics. As part of the drills, dozens of Chinese fighter jets carrying…
When Maxwell Winchester and his wife arrived in the South Pacific island of New Caledonia nearly two weeks ago, they were excited for what would be their first child-free holiday since becoming parents. But what was supposed to be a romantic getaway has instead left the Australian couple stranded and…
British lawmaker Craig Mackinlay has received a standing ovation in Parliament as he returned to the House of Commons after undergoing a quadruple amputation following a sepsis infection. Mackinlay, who is a member of parliament for the governing Conservative party, representing South Thanet in southeast England, fell ill on September…
The sun has a powerful magnetic field that creates sunspots on the star’s surface and unleashes solar storms such as the one that bathed much of the planet in beautiful auroras this month. But exactly how that magnetic field is generated inside the sun is a puzzle that has vexed…
There are some towns that Ukraine can just never afford to lose, and Lyptsi is one of them. But the grip the nation keeps is tenuous: The streets are aflame from an airstrike moments earlier when we race in, under the cover of darkness. Night affords them the only respite from drone assault; the hours before we arrive have seen…