US Newspaper Business Front Page Headlines Roundup 10/2 (English)

180.252.***.***
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  • [[Los Angeles Times]]
    • UCLA forecasts a ‘stagflation-lite’ economy
      • TRADE uncertainty is among the challenges. Above, container ships off the coast.
    • Sephora settles waste allegations
    • Lego Store workers seek to unionize
      • ‘Brick specialists’ at Anaheim site say their hours were cut after wage law was enacted.
      • DOWNTOWN DISNEY store workers are the first Lego Store employees in the U.S. to try to organize.
    • Newsom orders study of California’s utility and insurance markets

 

  • [[USA Today]]
    • FOR THE LOVE OF COSTCO
      • Retail super fans are growing in their devotion
      • Few people love Costco as much as Max Ellinger. The proof is inked on his right arm. His only tattoo is the Kirkland Signature logo – the Costco house brand for everything from rotisserie chicken to laundry detergent. ● Ellinger got it in 2019 after a friend convinced the Costco bakery to make a cake with the company logo by telling the staff Ellinger was such a big fan, he had a tattoo. When Costco asked for a photograph, Ellinger slid into a tattoo parlor chair and turned the little white lie into a permanent reality. ● Like many Costco members, Ellinger’s devotion comes from weekly shopping treks with his parents. Roaming the familiar warehouse aisles in a new city comforted him after he left home. He became known around school as the guy who shepherded his college classmates there.
      • Alyssa Munoz’s family goes to Costco so often, she jokes that they live there. The 34-year-old mother of three from San Jose, California even holds playdates at Costco.
      • Tom Salokov, 42, of Toronto, Canada, sports a tattoo celebrating Costco’s $1.50 hot dog deal on his arm.
      • Max Ellinger is such a big fan of Costco that he got a Kirkland Signature tattoo and celebrated his birthday there.
    • AOL ends dial-up internet service
      • Users recall 56K modem and connecting screech
    • Rent control debate hits stage in NYC mayor’s race
      • Plan has a moment amid a national housing crisis
      • Protesters focus on housing conditions for tenants in New Jersey. Discussions about how to control rents are back.

 

  • [[The New York Times]]
    • Supreme Court Allows Lisa Cook to Remain at Fed, for Now
      • The justices deferred a decision on the president’s efforts to oust Ms. Cook and instead set oral arguments in the case for January.
    • Tech Companies Show Off for Trump’s ‘Golden Dome’
      • Tech companies are displaying A.I., lasers and more as they compete for a piece of President Trump’s ambitious plan for a missile defense shield.
    • Shutdown Puts a Divided Fed in a Perilous Position
      • Some policymakers at the central bank are in a rush to lower interest rates after the Federal Reserve’s first cut this year, while others are urging caution.
    • Spam and Scams Proliferate in Facebook’s Political Ads
      • A new analysis of political advertisers found that the platform profits from ads that include deepfakes and other content prohibited by its own policies.

 

 

  • [[Financial Times]] The Financial Times is a British daily newspaper owned by Nikkei.
    • Toy­maker Jel­lycat plans £110mn dividend return for own­ers as profit doubles
      • Brit­ish plush-toy maker Jel­lycat plans to pay £110mn in dividends to its own­ers after annual profit more than doubled to £139mn thanks to the grow­ing pop­ular­ity of its cuddly toys includ­ing Clyde Capy­bara and Hor­ti­cus Hare.
    • AI start-ups in dilemma over bet­ting on huge growth or selling up
      • There is a need for Europe to hold on to its most valuable companies - ones that dare to think big, even if they might fail
    • First Brands’ res­cue loan chal­lenged by leas­ing group
      • ▸ Onset Fin­an­cial says it is owed $1.9bn ▸ Cred­it­ors agree $1.1bn emer­gency deal
    • McLaren’s F1 suc­cess helps chief Brown to £37mn pay­out
      • McLaren Racing chief exec­ut­ive Zak Brown was paid £37mn last year as the Brit­ish team won the For­mula 1 con­struct­ors’ cham­pi­on­ship for the first time in 26 years.

 

 

------ AI 번역

 

📰 Los Angeles Times

UCLA, ‘Recession+Inflation Lite (Stagflation)’ Economic Outlook
Trade uncertainty is cited as one of the major challenges. (Photo: Container ships docked on the coast)

Sephora settles waste disposal allegations

Lego store employees push for unionization
Employees at the Anaheim store claim their working hours have been reduced since the implementation of wage laws.
Downtown Disney store employees are the first Lego Store workers in the US to attempt unionization.

Governor Gavin Newsom orders investigation into California power and insurance markets


📰 USA Today

Love for Costco
Retail superfans' loyalty is growing stronger.
Few love Costco as much as Max Ellinger. Evidence of this lies in the single tattoo on his right arm, the logo for Costco's house brand, Kirkland Signature. ● In 2019, a friend ordered a cake from Costco's bakery after saying "Ellinger loves Costco so much he'd get a tattoo." When Costco asked for a picture, Ellinger actually got the tattoo, making the lie a permanent reality. ● Ellinger's affection stemmed from weekly shopping trips with his parents and the comfort of walking familiar aisles in unfamiliar places. In college, he became known for taking classmates to Costco.

Alisa Munos, a 34-year-old mother from San Jose, jokes that "our family lives at Costco," even making playdates with her children there.
Tom Salakoff (42) of Toronto, Canada, has a tattoo on his arm commemorating Costco's $1.50 hot dog combo.
Max Ellinger loves Costco so much he celebrates his birthday there.

AOL discontinues dial-up internet service
Users reminisce about the days of 56K modems and dial-up tones.

Rent control debate heats up in New York City mayoral race
The issue resurfaces amid a nationwide housing crisis.
Protests demanding improved tenant living conditions have taken place in New Jersey.


📰 The New York Times

Supreme Court temporarily blocks Biden administration's removal of Fed Governor Lisa Cook
Justices delayed a decision on the president's attempt to remove Cook and scheduled oral arguments for January.

Tech companies eager to participate in Trump's 'Golden Dome' plan
Companies are showcasing cutting-edge technologies like AI and lasers, vying for a chance to contribute to the president's missile defense system.

Shutdown exacerbates divisions within the Fed
Since the Fed's first interest rate cut this year, some policy makers are pushing for further reductions while others advocate for a more cautious approach.

Facebook political ads rife with spam and scams, analysis finds
The platform is profiting from ads containing content prohibited by its own policies, including deepfakes.


📰 Wall Street Journal

Automakers brace for electric vehicle sales slump
GM, Ford, and Hyundai plan to continue offering promotions to boost EV sales.
Ford intends to provide "competitive" lease programs for EV buyers through its financial subsidiary. (Photo: Ford Mustang Mach-E)

Walmart eliminates synthetic dyes
Walmart plans to remove over 30 ingredients, including certain artificial sweeteners and preservatives, from its food brands.

Mystery surrounds final will of former Japos CEO

ETF inflows show no signs of slowing down
Total US ETF assets reached a record high of $12.19 trillion at the end of August.

Companies 'Maintain Relationship with Epstein to the End'


📰 Financial Times

British Toymaker Jellycat to Pay £110 Million Dividend — Profits More Than Double
British stuffed animal maker Jellycat will pay a dividend of £110 million thanks to annual net profit more than doubling to £139 million, driven by popular products such as the 'Clyde Capybara' and 'Hoticus Rabbit' plush toys.

AI Startups Face Dilemma: Bet on Explosive Growth or Sell Out?
There are voices calling for Europe to closely watch companies that dare to challenge greatly, even at the risk of failure.

First Brand's Emergency Loan Faces Backlash from Leasing Companies

  • Onset Financial Demands $1.9 Billion in Bonds

  • Bondholders Agree to $1.1 Billion Rescue Financing

McLaren F1 Victory Earns CEO Zak Brown £37 Million Bonus
Zak Brown, CEO of British McLaren Racing, received a bonus of £37 million last year for leading the team to its first F1 Constructors' Championship victory in 26 years.

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