Scratch-Offs carry New Jersey Lottery through sharp sales decline
TRENTON, NJ – New Jersey Lottery sales totaled $3.3 billion for the fiscal year ending Sunday, a decline of $288 million or 7.9 percent from the previous year, but still resulted in…
UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in June as consumer confidence improves and energy prices fall,…
‘Last Of Us’ drama success drives Sony gaming sales
By Sam Nussey TOKYO (Reuters) – Sony Group Corp said on Wednesday that the success of hit drama “The Last Of Us” from television network HBO is boosting sales of the game…
Auto parts retailer AutoZone misses Q3 sales estimates on inventory pile-up
(Reuters) – Auto parts retailer AutoZone Inc missed expectations for third-quarter net sales on Tuesday, as increased prices of automobile parts led to a rise in inventories, sending its shares 3.2% lower…
Canada March retail sales down 1.4% on autos, seen up 0.2% in April
May 19 (Reuters) – Canadian retail sales fell by 1.4% in March from February at C$65.29 billion ($48.83 billion), on lower sales at motor vehicles and parts dealers, as well as gasoline…
Hempstead Man Receives 14-Year Sentence for Attempted Murder and Narcotic Sales from Unlicensed Daycare Center
MINEOLA, N.Y. – Lex Lloyd, 26, from Hempstead, was sentenced on Monday to 14 years in prison for running a narcotics operation out of an unlicensed daycare center and attempting to murder…
Apple slashes sales estimates of its headset – Bloomberg News
(Reuters) – Apple Inc has lowered sales estimates for its long-awaited mixed-reality headsets by about two-thirds, Bloomberg News reported on Thursday, citing people familiar with the matter. The iPhone-maker had initially hoped…
U.S. existing home sales post second straight monthly decline
WASHINGTON (Reuters) – U.S. existing home sales fell for a second straight month in April, with prices rising in roughly half of the country, which together with possibly higher mortgage rates could…
Brazil retail sales smash market forecasts in March
SAO PAULO (Reuters) – Brazil’s retail sales smashed market estimates in March, growing more than the highest forecast in a Reuters poll of economists, in a positive reading for the country’s broader…
Hempstead Man Sentenced to 14 Years for Attempted Murder and Narcotics Sales
MINEOLA, N.Y. – Lex Lloyd, a 26-year-old man from Hempstead, was sentenced on Monday to 14 years in prison for conducting a narcotics business from an unlicensed daycare center and attempting to…
‘Were You Aware That SVB Was In Trouble?’: Dem Senator Presses Former SVB CEO On Stock Sales Before Bank’s Failure
‘Were You Aware That SVB Was In Trouble?’: Dem Senator Presses Former SVB CEO On Stock Sales Before Bank’s Failure Jason Cohen on May 16, 2023 Democratic New Jersey Sen. Bob Menendez…
China’s Oppo to shut down chip design unit as smartphone sales slump
SHANGHAI (Reuters) – Chinese smartphone maker Oppo said it will shut down its chip design unit, citing uncertainties in the global economy and the smartphone industry. The company, one of China’s best-selling…
GM overhauls North American commercial vehicle sales operations
By Joseph White DETROIT (Reuters) – General Motors Co will consolidate North American sales operations for commercial vehicles, parts and telematics services under a new brand umbrella, GM Envolve, that will compete…
Indonesia tax cut drives electric car sales for Hyundai, Wuling
By Bernadette Christina and Stefanno Sulaiman JAKARTA (Reuters) – Sales of electric cars in Indonesia jumped last month after the government launched tax incentives, auto executives said, in an early sign that…
As one of highest taxed states in America, lawmaker in NJ seek to exempt pet and baby essentials from sales tax
Assemblywoman Bethanne McCarthy Patrick introduced a bill this week that could provide relief to New Jersey residents struggling with the rising cost of living. The legislation proposes to exempt baby and pet…
China’s car sales rise 2.1% in April as price war effect fades
BEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales rose by 2.1% in April from a month earlier, industry data showed, underscoring a slower pace of growth as the stimulus effect of price cuts…
Australia Q1 retail sales volumes fall for a second straight quarter
SYDNEY (Reuters) – Australian retail sales volumes during the first quarter of 2023 fell for a second straight quarter, a sign that rising interest rates and the high cost of living are…
UK sales growth holds steady in April, retailers hope for better summer
By Suban Abdulla LONDON (Reuters) – British retail sales growth held steady in April but high inflation meant shoppers were getting less for their money, and unsettled weather discouraged many from buying…
US proposes new checks on land sales to foreigners near military bases
WASHINGTON (Reuters) – Buying land near eight U.S. military bases could become more difficult for foreign companies and citizens under a Treasury Department rule proposed by the Biden administration on Friday. The…
Germany’s top union to enter Thyssenkrupp defence sales talks
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Influential labour representatives are open to private equity players taking a stake in Thyssenkrupp’s warship division Marine Systems (TKMS) and will set up a…
Euro zone retail sales fall more than expected in March
FRANKFURT (Reuters) – Retail sales in the euro zone fell more than expected in March, Eurostat said on Friday, as rapid inflation and rising interest rates ate deep into disposable incomes to…
Moncler’s sales up 23% in first quarter, beating expectations
MILAN (Reuters) -First quarter sales at Italian fashion group Moncler jumped by 23% at constant exchange rates, beating analysts’ expectations, boosted by Chinese demand and solid growth in the EMEA region. Overall…
Adecco sales top forecast as corporate Europe hires temps
By Andrey Sychev (Reuters) -Adecco Group beat first-quarter sales expectations on Thursday as companies turned to temporary workers after laying off staff to cope with economic uncertainty. The group reported an 8%…
BorgWarner sees annual sales below estimates on supply snags, higher costs
(Reuters) – BorgWarner Inc on Thursday forecast full-year sales below analysts’ estimates as supply chain issues continued to weigh on the auto supplier, sending the company’s shares down nearly 2% in premarket…
Slower sales at debt-laden French retailer Casino sink shares
By Dominique Vidalon PARIS (Reuters) – Heavily-indebted French retailer Casino said on Thursday sales growth slowed in the first quarter, fuelling further concerns over its ability to generate cash and sending its…
Staging partial recovery, Russia’s April car sales leap 170.4% y/y – Autostat
(Reuters) – Car sales in Russia leapt by 170.4% year-on-year in April, analytical agency Autostat said on Thursday, with the country’s bruised car market staging a partial recovery from the soaring prices…
Breaking News
