Consumer Discretionary News
Consumer discretionary might be a sector full of ‘non-essential’ goods and services, but our latest news in this area is a definite must have!
List of Consumer Discretionary News
GivingTuesday: Record $2.7B raised during day of generosity
Black Friday and Cyber Monday may have seen slight declines this year, but GivingTuesday generated a new record for giving.
Prosecute shoplifters under existing laws, governor says
SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom said Wednesday in no uncertain terms that he thinks shoplifters should be prosecuted under existing...
Auto workers appear to favor direct election of leadership
DETROIT (AP) — Members of the United Auto Workers union appear to be in favor of picking their leaders in direct elections.
Visa CEO: COVID caused permanent shift to digital payments
SAN FRANCISCO (AP) — Al Kelly believes there has been a permanent shift in how consumers worldwide pay for goods and services. His 91-year-old...
GM venture to build North American battery chemical plant
DETROIT (AP) — General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it...
Omicron unravels travel industry's plans for a comeback
Tourism businesses that were just finding their footing after nearly two years of devastation wrought by are being rattled again as countries...
Sports bettors dream: 86 able to bet on game after it ended
ATLANTIC CITY, N.J. (AP) — It was every sports bettor's dream: Being able to bet on a game after it had already ended.
Supply chain problems hit charities' holiday gifts for kids
With less than four weeks to go until Christmas, Kristyn Begari has been rushing to find enough doll styling heads to give to kids in need.
Barbados bids farewell to British monarchy, becomes republic
SAN JUAN, Puerto Rico (AP) — Barbados stopped pledging allegiance to Queen Elizabeth II on Tuesday as it shed another vestige of its colonial past...
LA begins enforcing strict mandate requiring proof of vax
LOS ANGELES (AP) — Enforcement began Monday in Los Angeles for one of the strictest vaccine mandates in the country, a sweeping measure that...
Storm with high winds pounds Istanbul; 4 dead, several hurt
ISTANBUL (AP) — A powerful storm pounded Istanbul and other parts of Turkey on Monday, killing at least four people and causing havoc in the city...
Cyber Monday sales should be robust but business cooling
NEW YORK (AP) — Consumers are expected to spend between $10.2 billion and $11.3 billion on Monday, making it once again the biggest online shopping...
Red Sox owners reach agreement to buy Pittsburgh Penguins
PITTSBURGH (AP) — Fenway Sports Group has reached an agreement with the Pittsburgh Penguins that would give the conglomerate controlling interest...
Carmaker Stellantis secures supply of battery-grade lithium
MILAN (AP) — The carmaker Stellantis said Monday that it has secured a five-year supply of battery-grade lithium hydroxide in Europe to support its...
Nissan investing in electric vehicles, battery development
TOKYO (AP) — Nissan said Monday it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful...
Who is the real Ghislaine Maxwell: Epstein enabler or pawn?
NEW YORK (AP) — Ghislaine Maxwell spent the first half of her life with her father, a rags-to-riches billionaire who looted his companies' pension...