Amazon to require some authors to disclose the use of AI material
Amazon
2023-09-09 06:55
Vietnam’s Richest Man Adds $30 Billion as EV Maker Goes Public
VinFast Auto Ltd. soared on its first day in the public markets, boosting the fortune of its billionaire
2023-08-16 02:28
Charting the Global Economy: Business Activity Slows in China
China’s economic recovery is in danger of sputtering after figures this week showed a further contraction in manufacturing
2023-06-03 17:23
Epstein-Staley Emails Reveal Friendship Forged at JPMorgan
Sitting on his yacht in January 2011, Jes Staley was taking time out from running one of the
2023-07-13 07:19
US regulators OK spent nuclear fuel facility in New Mexico
U.S. nuclear regulators have issued a license for a multibillion-dollar complex in New Mexico to temporarily store tons of spent fuel from commercial nuclear power plants around the nation
2023-05-10 04:51
Tesla earnings rise to $2.7 bn on increased sales, lower prices
Tesla reported a jump in second-quarter profits Wednesday as a series of price cuts translated into...
2023-07-20 05:58
EU to seek virtual elimination of fossil fuels at COP28
The EU will seek a global phase-out of fossil fuels and for their use to reach a peak in this decade, according to the member states'...
2023-10-17 11:50
H&M starts charging shoppers £1.99 for online returns
High street fashion retailer H&M has joined other companies in charging shoppers who return items purchased online. Customers must now pay £1.99 to return parcels either in store or online, with the cost of the return being deducted from their refund. Rival high street stores including Zara, Boohoo, Uniqlo and Next already charge for online returns, with retail experts predicting that even more are likely to follow suit. During the pandemic, when online shopping inevitably soared in popularity, customers became increasingly more reliant on returning items when they did not fit. However, this also led to a rise in people buying items in bulk and returning almost all those items, some of them worn. While most online and high street retailers do not formally announce the move to charge for returns, many have introduced the change under the radar, with H&M implementing the return fee this summer. Business analysts have told the BBC that other retailers are likely to do the same. "It’s interesting that companies seem to be doing it by stealth, but it’s a sensible thing to be doing," retail expert Jonathan De Mello told the outlet. "It makes economic sense, as it discourages shoppers from bulk buying online products and then returning the majority of them. That’s been a real problem for companies." While H&M shoppers might be disappointed in the extra returns fee, added De Mello, most might understand why a company would need to make this decision, especially when it comes to the environment. Many shoppers are increasingly aware of the environmental impact of deliveries and returns, from courier vans to wasted packaging. Retail expert and analyst Natalie Berg wrote on Twitter/X that retailers have “created a monster” with free returns. “​​H&M charging for returns. Retailers have created a monster with free returns. It makes financial and environmental sense to put an end to this ‘buy to try’ mentality.” But Berg pointed out that customers who have signed up to H&M membership would be exempt from the extra fee for returning items. “This is actually a really delicate way to tier your customers,” Berg said of the membership scheme. “Slowly climb down from costly promises by limiting those benefits to loyalty members. Retailers have become too generous over the past decade. Save that generosity for your most valuable customers.” Read More Inside London’s first Vogue World: Thong leotards and Anna Wintour’s VIP assembly line Voguewashing London Fashion Week won’t pay the wages of Britain’s young fashion designers Bridesmaid who “didn’t love” her dress spends 35 years wearing it around the world Meghan Markle praised for mixing high-fashion with affordable pieces Vogue World wowed but won’t pay the wages of young fashion designers Ukrainian designers prove beauty can come from darkness at London Fashion Week
2023-09-19 22:46
Superfund town's health clinic accused of submitting false asbestos claims
A major railroad company is trying to convince a federal jury that a Montana clinic submitted hundreds of asbestos claims for people who weren’t sick and bilked taxpayer funds
2023-06-29 00:54
Danone Asserts That It Still Owns Business Seized in Russia
Danone SA said that the French company remains the legal owner of its Russian dairy operations even after
2023-07-26 15:28
Marketmind: MidEast tension keeps markets on edge
Although price moves remain contained in the absence of a dramatic weekend escalation, world markets are still on edge as
2023-10-16 18:27
For the 5th Time, Techfino LLC Makes the Inc. 5000, at No. 2456 in 2023, With Three-Year Revenue Growth of 226.66 Percent
NEW YORK--(BUSINESS WIRE)--Aug 15, 2023--
2023-08-15 19:28
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