More from Craig Nigrelli
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Walmart says holiday momentum fueled by higher-income shoppers
Walmart says it’s ready for the holiday season. The largest retailer in the nation released its third-quarter earnings report Tuesday, Nov. 19, with the keyword being “momentum.” Walmart executives used the word nearly a dozen times during the call to describe the company’s position heading into the biggest shopping period of the year. The retailer… -
Republican introduces transgender bathroom ban for Capitol Hill
History will be made four times over when the 119th Congress meets for the first time in just a few weeks. However, some current representatives introduced legislation to create a transgender bathroom ban that targets a new coworker. In the House of Representatives, Sarah McBride will become the first openly–transgender person to be elected to… -
Russia lowers threshold for using nuclear weapons as war with Ukraine escalates
One-thousand days into its war, Russia claimed that Ukraine is already using American made long-range missiles to fire deep into its country. In response, President Vladimir Putin amended Russia’s nuclear doctrine, lowering the threshold for using such weapons. “The Russian Federation reserves the right to use nuclear weapons in the event of aggression with the… -
Organic carrots from California company linked to deadly E. coli outbreak
A deadly outbreak of E. coli in the United States has been linked to organic carrots. The Food and Drug Administration is now warning consumers not to eat or serve multiple brands of bagged organic whole and baby carrots, supplied by Grimmway Farms from California. It is now recalling various brands after one person has… -
Blackstone strikes deal with Jersey Mike’s Subs: WSJ
Private equity firm Blackstone could soon own the popular sandwich chain Jersey Mike’s Subs. According to The Wall Street Journal, the deal would value Jersey Mike’s at $8 billion, including debt. In an update Tuesday, Nov. 19, Blackstone responded to the Journal’s report and confirmed it has struck a deal to take a majority stake in the… -
45 pro-democracy activists sentenced to prison in Hong Kong
A court in Hong Kong sentenced dozens of pro-democracy activists to 4 to 10 years in prison Tuesday, Nov. 19, in the single largest trial under a national security law introduced in 2020. Critics say it has been used by Beijing to all but eliminate political dissent in the Chinese territory. The court convicted 45 of 47 defendants of conspiracy to commit subversion for… -
Lawyer details Gaetz accusations as committee mulls report release
The heat gets turned up on Matt Gaetz, President-elect Donald Trump’s nominee for attorney general, as the House Ethics Committee weighs whether to release its report. And New York City issues a historic drought warning. These stories and more highlight your Unbiased Updates for Tuesday, Nov. 19, 2024. Lawyer details Gaetz accusations as committee mulls report release… -
Roblox announces new safety features for parents and kids
Parents are getting more control over how their children explore the world of Roblox, the immersive gaming platform that has over 68 million average daily users. Chief Safety Officer Matt Kaufman announced in a blog post Monday, Nov. 18, major updates to Roblox’s safety systems and parental controls are coming. Kaufman said the changes were… -
AAA predicts record Thanksgiving week travel, nearly 80 million on the move
Americans are gearing up for the Thanksgiving holiday. The busiest holiday for travel is only about a week away and AAA has its latest projections on how the busy travel season might look. The group predicts 79.9 million Americans will drive, fly or take some other form of transportation 50 miles or farther during the… -
Used car prices come down as Americans hang on to cars longer
The price of used or pre-owned cars dropped by 6.2% in the first three quarters of 2024. According to Edmunds.com, the average price is now $27,000. This marks a significant change from 2022 when inflation was soaring and the average price of a used car was greater than $30,000. Experts say there’s now an abundant… -
Less than 24 hours left to stake claim in $15M CashApp settlement
Time is quickly running out to get some cash from CashApp. Users have until 11 p.m. PST on Monday, Nov. 18 (2 a.m. EST on Tuesday, Nov. 19) to file a claim as part of a $15 million settlement with CashApp, a digital wallet app. The settlement stems from a 2021 data and security breach that… -
Spirit Airlines files for bankruptcy after failed merger talks
Spirit Airlines, the biggest discount airliner, filed for Chapter 11 bankruptcy protection Monday, Nov. 18, as it seeks to restructure its debts to bondholders and find ways to sway travelers away from larger airlines. The move comes months after a federal judge blocked a proposed merger between Spirit and fellow budget airliner JetBlue. Since 2020, Spirit… -
Warner Bros. Discovery, NBA settle with new deal; ‘Inside the NBA’ to ABC: Reports
Warner Brothers Discovery is back in the game when it comes to the NBA. Though the company will no longer be airing games on its TNT network after this season, The Wall Street Journal and other outlets report the two sides have come to an agreement to keep NBA programming in the Warner Bros. family. The reports said the new deal…