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Five Below Rethinks Self Checkout to Combat Theft

Five Below logged a big jump in sales in the latest quarter amid a real estate expansion plan, but said its profitability was hit by higher-than-expected shrinkage, including theft. Five Below logged a big jump in sales in the latest quarter amid a real estate expansion plan, but said its profitability was hit by higher-than-expected shrinkage, including theft. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In…

Southwest Airlines cuts capacity and rethinks 2024 financial forecast, citing Boeing problems

Boeing 737 MAX airplanes are seen parked at a Boeing facility on August 13, 2019 in Renton, Washington.David Ryder | Getty ImagesSouthwest Airlines said Tuesday that it will have to trim its capacity plans and reevaluate its financial forecasts for the year, citing delivery delays from Boeing, its sole supplier of airplanes.The Dallas-based airline said Boeing informed Southwest's leaders that it should expect 46 Boeing 737 Max 8 planes this year, down from 58. Southwest had expected Boeing to deliver 79 Max planes,…

GM’s Cruise Rethinks Its Robotaxi Strategy After Admitting a Software Fault in Gruesome Crash

In August 2016, WIRED visited the San Francisco offices of a young startup recently snapped up by a surprising buyer. General Motors acquired three-year-old Cruise for a reported $1 billion in hopes the straitlaced Detroit automaker could coopt the self-driving technology tipped to disrupt the auto industry. Cruise CEO Kyle Vogt—a scrappy Twitch cofounder who competed as a teen in BattleBots—said he intended to stick around, but to keep running the driverless-car tech developer like a startup. He’d be out of a job, he…

Small, Slow But Steady review – meditative boxing tale as deaf fighter rethinks life | Film

The title is presumably meant to refer to the film’s fine-boned heroine Keiko Ogawa (Yukino Kishii), a scrappy boxer who has just turned professional, but it just as aptly describes the film itself: a delicate, atmospheric study that’s quite unlike most other fight movies. Based on a memoir by boxer Keiko Ogasawara, this very internal story unfolds during the early days of the Covid-19 pandemic, with a locked-down Japan adding a further layer of isolation to Keiko’s life. Thanks to Kishii’s luminous performance, Keiko…

Apple rethinks watchOS 10 through Smart Stack

Apple is reworking its watchOS in a fundamental way on its jubilee 10th version. No more honeycomb of apps and a focus on the individual watch face - say hello to stacks of widgets and apps that fill the entire screen. WatchOS 10 is out for developers today and will come in Public beta a month from now for everyone to try. As usual, the OS will arrive in final form this fall, alongside the forthcoming Watch Series 9. With watchOS 10, the main screen is now the so-called Smart Stack - a carousel of widgets that give…

Fed Rethinks Loophole That Masked Losses on SVB’s Securities

WASHINGTON—The Federal Reserve may close a loophole that allows some midsize banks to effectively mask losses on securities they hold, a contributing factor in the collapse of Silicon Valley Bank.  Led by vice chair for supervision Michael Barr, the Fed is considering ending an exemption that allows some banks to boost the amount of capital they report for regulatory purposes, according to people familiar with the matter. Capital is the buffer banks are required to hold to absorb potential losses.…

Kyiv rethinks Soviet-era monuments to Russian-Ukraine unity

My journey writing this week’s Essential Arts newsletter somehow went from philosophical debates over Ukrainian monuments to 1980s singer-songwriter Debbie Gibson’s hit “Foolish Beat,” Rick Astley’s “Together Forever” and Def Leppard’s “Pour Some Sugar on Me.” Please send help. I’m entertainment editor Craig Nakano filling in for Carolina Miranda, whom I’m happy to report will be back in the Essential Arts driver’s seat soon. But until then …Ukraine’s monument debate Headlines last week marking the first anniversary of…

Tesla re-thinks 100-year-old automaking model, aiming to halve costs

At the company's 2023 Investor Day presentation, Tesla VP of Vehicle Engineering Lars Moravy described how the company's organizational structure is designed to ensure full accountability and a collaborative approach that makes sure manufacturing and automation considerations are part of every engineering and design decision."The places I used to work and the top manufacturing companies in the world, they don't sit together," said Moravy. "They're not one team. All of those teams, engineering, manufacturing, design,…

A new ‘Secret Garden’ rethinks the musical’s Indian representation

Welcome to yet another edition of the Essential Arts newsletter — although, it’s actually my first time taking over this esteemed mailing. I’m entertainment and arts reporter Ashley Lee, filling in this week for Carolina Miranda. I spent the last few days inside “The Secret Garden” at the Ahmanson Theatre and got a rundown of the many changes that have been made to the buzzy revival of the beloved Broadway musical. It opens this weekend in Los Angeles.Inside a new ‘Secret Garden’ The creators of “The Secret Garden” had…

Toyota Rethinks EV Strategy With New CEO

Toyota’s TM 1.16% chief executive always said he wasn’t a skeptic about electric vehicles—he was a realist. Longtime CEO Akio Toyoda called himself a spokesman for “a silent majority” of people in the auto industry who questioned a single-minded focus on EVs. He argued that hybrid gas-electric vehicles like Toyota’s Prius could be just as environmentally friendly, and said other companies were pushing consumers to make a leap into EVs…