• 03/20/2025

Foot Locker Steps in It, Keeps Moving

Wall Street Journal The new CEO has laid out a sensible strategy, but progress is difficult to see in such a challenging economic environment. https://www.wsj.com/articles/foot-locker-steps-in-it-keeps-moving-f5e47ba0

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New Zealand, islands hit with small tsunami caused by 7.7 magnitude earthquake

Fox News A 7.7 magnitude earthquake caused a small tsunami to wash ashore on South Pacific islands Friday. No damage has been reported, and the threat passed in a few hours. Waves 2 feet above tide level were measured off Lenakel, a port town in Vanuatu, the Pacific Tsunami Warning Center said. Smaller waves were…

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Tesco Chair to Step Down Following Claims of Inappropriate Conduct Toward Women

Wall Street Journal John Allan, a prominent U.K. businessman, will depart the grocer in June. The executive has denied claims made in a news report that he inappropriately touched women. https://www.wsj.com/articles/tesco-chair-to-step-down-following-claims-of-inappropriate-conduct-toward-women-e0c79831

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Vatican refutes reports about possible mission to Moscow

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Pope Francis mentioned the Vatican’s “peace mission” on Ukraine, “not yet public,” in late April when he was on his way back from Budapest, but gave no details https://tass.com/world/1620283

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US imposes sanctions on Russian Defense Ministry’s 223rd, 224th Flight Units

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. It is reported that the decisions about these two Flight Units were made to restrict the logistics and operational networks of the Wagner private military company https://tass.com/society/1620275

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Iran defies US over executions, putting three democracy protesters to death

Fox News JERUSALEM—The Islamic Republic of Iran continued its killing spree of protesters seeking to create a democracy despite a plea on Friday from the Biden administration to “not carry out these executions.”  The Iranian-regime controlled Mizan News Agency, which is affiliated with the country’s opaque judiciary, reported that Saleh Mirehashemi, Majid Kazemi and Saeed Yaqoubi…

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Robert E. Lucas, Who Transformed Macroeconomics, Dies At 85

Wall Street Journal The Nobel laureate and longtime University of Chicago economist deepened understanding of economic policy through his rational expectations hypothesis. https://www.wsj.com/articles/nobel-laureate-robert-e-lucas-who-transformed-macroeconomics-dies-at-85-a71590c7

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Debt ceiling talks between White House, Republicans stall as default looms

Fox News A GOP source has told Fox News on Friday that a snag has been reached in debt ceiling talks between Republicans and the White House because “There is too much daylight between the sides.”  The source said there is a lack of movement between the sides over what Republicans want to cut on the…

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Russia says 500 Americans to be banned, list includes Obama

Jerusalem Post https://www.jpost.com/breaking-news/article-743623

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Mayorkas impeachment gains steam among Republicans in purple districts as border chaos continues

Fox News The idea of impeaching Department of Homeland Security (DHS) Secretary Alejandro Mayorkas is gaining more steam among Republicans in purple districts as the chaos at the southern border continues to unfold. Several House GOP lawmakers in swing districts threw their support behind impeaching Mayorkas over the exacerbated border crisis that saw Title 42…

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