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TJ Maxx CEO says company could benefit from Trump’s proposed tariffs

Retailers and industry groups are warning that President-elect Trump's proposed tariffs could lead to soaring prices. But officials at TJ Maxx's parent company take a different view, saying the discount retailer could actually benefit. TJX Companies CEO Ernie Herman said on an earnings call with analysts Wednesday that when there is “disturbance” in the market, […]

Uproar at U.N. Climate Summit as Envoys Say Proposed $250 Billion a Year from West Not Enough

draft text released On Friday, environmental negotiators at the United Nations' COP29 climate change alert summit will ask rich countries to commit to giving $250 billion a year to poorer countries between now and 2035. Climate change activists were furious at the proposed donation, calling the amount “insignificant” and a “joke”. COP29, officially the United […]

Walmart warns of higher prices if Trump implements proposed tariffs

Walmart Chief Financial Officer John David Rainey warned that President-elect Trump's proposed tariffs could lead to higher prices for Walmart shoppers. “Tariffs are going to cause inflation, there's no disputing that,” Rainey said in an interview with Liz Claman on Thursday's “The Claman Countdown.” “Consumers will likely end up paying more for items that they […]

Mehmet Oz once proposed massive changes to Medicare. Now he could run it. – NBC News

WASHINGTON — When President-elect Donald Trump nominated Dr. Mehmet Oz to the powerful executive branch job overseeing Medicare, incoming Senate Finance Committee Chairman Mike Crapo (R-Idaho) immediately announced on television He praised the renowned doctor and said he looked forward to considering him for the nomination. “Too often, patients who rely on federal health programs […]

California voters shoot down proposed ban on forced prison labor

California voters canceled a ballot initiative that would have banned forced labor as punishment for crimes in the state. The bill, known as Proposition 6, would amend the state constitution to prohibit forced labor in all circumstances. The state constitution currently allows for exceptions to the forced labor ban when punishing crimes. The measure was […]

Padraig Harrington piles on PGA Tour for proposed changes, limited field events

Padraig Harrington is in Phoenix this week for the Charles Schwab Cup Championship. Golf Channel's Golf Today Wednesday to discuss recent events in the world of professional golf. One related topic is the PGA Tour's proposed changes for the 2026 season. It would reduce field sizes for nearly all events, eliminate nearly all Monday qualifying […]

Small NYC hotels exempt from hiring rules in proposed law

Small, mostly non-union hotels with 100 rooms or fewer would be exempt from a key provision of the bill that would impose stricter licensing requirements on the hotel industry. The bill, which is expected to be passed by the City Council next week, would exempt “mom and pop” hotels from a ban on outsourcing “core […]