 | From the Editor's Desk
How to Fight a Price War Price wars—retaliatory cuts in prices to win customers—can devastate managers, companies, even entire industries. Yet they’re increasingly common in electronic and traditional commerce. Witness the great price battle of 1999 in the long-distance phone industry: after the dust cleared, AT&T, MCI, and Sprint all saw their stock prices dip by as much as 5%.
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WorkAnswers to 25 big questions about the Rockefeller Center Christmas tree When the tree is taken down, it is laid in Rockefeller Plaza to be cut up and taken to a yard in New Jersey. There it is milled into two-by-four and two-by six beams and branded with a Rockefeller Center stamp. Tishman Speyer, the firm that owns and operates Rockefeller Center, then donates the lumber to Habitat for Humanity, a nonprofit organization that helps to build and improve homes across the country.
WorkJake Oettinger helps Stars blank the Jets 2-0 The Stars scored just after killing a two-man short penalty for 68 seconds. Hellebuyck was forced to stop forward Jamie Benn on a 2-on-1 while the Stars were short-handed. Forward Kyle Connor cleared the rebound with a Dallas forward on the doorstep.
WorkDoncic scores 41, Mavericks prevent Rockets from advancing with a 121-115 victory The Rockets used an 11-2 burst opening the second half to build the nine-point lead during the period and take an 88-84 lead into the fourth quarter. Houston hit 5 of 13 3-pointers in the quarter, two by Aaron Holiday, after going 2 of 10 during the first half.
WorkRosalynn Carter set for funeral and burial in the town where she and her husband were born Her hearse will pass Plains Methodist Church where she married young Navy Lt. Jimmy Carter in 1946. And it will return, finally, to what locals call “the Carter compound,” property that includes the former first couple\'s one-story ranch house, the pond where she fished, the security outposts for the Secret Service agents who protected her for 47 years.
WorkNew Zealand's new PM plans to ban cellphone use in schools and end tobacco controls in first 100 days Others plans around ethnicity, such as disbanding the Māori Health Authority, have been portrayed by Luxon\'s government as measures to treat all citizens equally but have been attacked by critics as being racist against Indigenous people.
WorkUS military plane with 8 aboard crashes into the sea near Japan A U.S. Marine Corps Osprey aircraft with 23 Marines aboard crashed on a north Australian island in August, killing at least three and critically injuring at least five during a multinational training exercise.
WorkPlano requests civil pre-suit discovery into alleged sex acts at massage parlor Earlier this year, police made arrests at seven other massage parlors in Plano.The city says it will not hesitate to take similar action against other businesses engaging in illicit activities.
WorkFilming in Miami: November 30, 2023These film permits were issued last week by the Miami-Dade County Department of Regulatory & Economic Resources’ Office of Film and Entertainment, (305) 375-3288; the Miami Mayor’s Office of Film, Arts & Entertainment, (305) 860-3823; and the Miami Beach Office of Arts, Culture and Entertainment-Film and Print Division, (305) 673-7070.
WorkSignature bridge downtown merits a signature park below Still, the first thing that commissioners should do is to review that report and see if it’s a good starting point. It’s at best disrespectful to all those volunteers that the city 11 months later has yet to respond to the report in any way. At worst, it’s squandering the opportunity for a park that will fulfill the role that the city has demanded from the new bridge above – a signature park.
WorkFranklin Sirmans: Museum director cites major growth in Miami’s arts scene “Miami has grown significantly in the past eight years and possesses unparalleled diversity and energy, qualities which define contemporary art and PAMM’s mission of advancing public knowledge and appreciation of art, architecture, and design and reflecting the diverse community of its pivotal geographic location at the crossroads of the Americas and in a world that presents us with new challenges every day and presents us with barriers to understanding each other in meaningful ways all the time,” he said.
WorkNewcomer inDrive expands South Florida offerings “Since launching in July, there’s been strong adoption among consumers, beating our expectations,” Mr. Warner said. “As we continue to familiarize ourselves with the diverse cities across South Florida, we look forward to integrating our offerings into the community and creating alternative mobility and transportation options for tourists and locals alike. Whether a rider prefers comfort, luxury or EVs, we can now serve all rides of up to six passengers with the addition of XL vehicles.”
WorkFinal US OK will bring Tri-Rail to downtown Miami in December Over 450 rides a day are being logged by users taking advantage of the $5 discount coupon, Mr. Garcia said. Uber and taxi services accepting the coupons, he said, are at all Tri-Rail stations in Palm Beach and Broward counties.
WorkUrbanX Air vows electric Miami commuter flights in 2026 “We are looking forward to collaborating with the team at UrbanX to bring eVTOL operations to Miami-Dade County,” said Johann Bordais, CEO of Eve Air Mobility. “By leveraging the latest aviation technology and providing an exceptional customer experience, UrbanX will be well positioned to change the way people commute and travel in South Florida.”
WorkMiami International Airport on a record flight path In August American’s total of 16,289 aircraft arrivals and departures was up 5.75% from 15,403 last August. Passenger totals for American rose 3.31% in August to 2,487,866 from the total of 2,408,165 in August of 2022, figures produced by the airport show. Those figures show that American carried 57.1% of all passengers at the airport, exclusive of the airline’s affiliated service.
WorkStartling reversal brings 50% Metrobus gains The other transit modes also recorded gains in riders last year, though not as large as Metrobus did. Metrorail ridership was up 15.9% to 13,261,255 passengers, and Metromover use was up 19.8% to 6,546,102.
WorkTeam to rule on pickleball at Crandon Park Tennis Center “It’s [pickleball] something that fits with the village. They want to have more sports, they want to have … more activity,” Ms. Regalado said. “I think that this matches that delicate balance of having activities without being so intrusive that it changes the character of Crandon.”
WorkSend South Dade Transitway back to square one, trust urged The urging by the trust cannot change the course, operations or timing of the transitway. That decision belongs to the county. But the trust holds the purse strings on more than $100 million in developing the transitway – the county’s share of the costs. The rest comes from the federal and state governments.
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WorkSan Diego prison guard, prisoner, 2 others plead guilty in bribery scheme Brown and five of his co-defendants in that case pleaded guilty Tuesday to a wire fraud conspiracy charge. Prosecutors agreed to drop the charge in that case against his brother Daejohne Hatcher in exchange for Hatcher’s guilty plea in the bribery case.
WorkNewlyweds plead not guilty in death of ex-landlord, who was flung from moving vehicle in Mountain View While a prosecutor and the attorneys declined to get into specific details regarding what led to the fatality, Freeze said it was a “very layered, very complicated situation” and that it involved “months and months of issues between these parties.”
WorkHigh school senior sues Poway Unified and superintendent, alleging harassment after a softball banquet The student’s lawsuit named Poway Unified, Del Norte High, Phelps, three administrators and all five board members as defendants. The lawsuit accuses them of violating the plaintiff’s free speech rights and calls for, among other things, protecting her ability to participate in extracurricular activities and monetary damages for pain and suffering.
WorkOne killed in San Dimas shooting Anyone with information about this shooting was asked to call the Sheriff\'s Homicide Bureau at 323-890-5500. Anonymous calls can be made to 800-222-8477 or tips may be sent to lacrimestoppers.org.
WorkHolocaust survivor and Hamas attack survivor discuss shared trauma Both men said they still have hope after everything that has happened — hope, they told us, that hate can still be defeated through exhibits like that of the Auschwitz Exhibition, retellings of experiences like theirs as well as Jews and non-Jews joining to fight it whenever it rears its ugly head.
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WorkNewport Beach police probe allegations NBA's Josh Giddey had relationship with minor Salvador Hernandez is a reporter on the Fast Break Desk, the Los Angeles Times’ breaking news team. Before joining the newsroom in 2022, he was a senior reporter for BuzzFeed News, where he covered criminal justice issues, the growing militia movement and breaking news. He also covered crime as a reporter at the Orange County Register. He is a Los Angeles native.
WorkL.A. council members seek report on hateful fliers during emotional meeting Dakota Smith covers City Hall for the Los Angeles Times. She is part of the team that won the 2023 Pulitzer Prize in breaking news for reporting on a leaked audio recording that upended City Hall politics. She joined the newsroom in 2016 and previously covered City Hall for the Los Angeles Daily News. She is a graduate of Lewis & Clark College and lives in Los Angeles.
WorkGunfire erupts inside L.A. Live restaurant; 1 killed, 1 injured Jeremy Childs is the night reporter on the Fast Break Desk, the Los Angeles Times’ breaking news team. Before joining the newsroom in 2023, he worked at the Ventura County Star, where he covered breaking news and most recently served as the newspaper’s East Ventura County reporter. Childs grew up in Newbury Park and graduated from Occidental College with a degree in English and comparative literary studies.
WorkHolly Maguigan, Who Fought for the Rights of Battered Women, Dies at 78 Clay Risen is an obituaries reporter for The Times. Previously, he was a senior editor on the Politics desk and a deputy op-ed editor on the Opinion desk. He is the author, most recently, of “American Rye: A Guide to the Nation’s Original Spirit.” More about Clay Risen
WorkJonathan Majors, Film Career in the Balance, Faces Trial in Assault Case Jonah E. Bromwich covers criminal justice in New York, with a focus on the Manhattan district attorney\'s office, state criminal courts in Manhattan and New York City\'s jails. More about Jonah E. Bromwich
WorkEric Adams’s Top Fund-Raiser Is Out Amid F.B.I. Scrutiny and Raid William K. Rashbaum is a senior writer on the Metro desk, where he covers political and municipal corruption, courts, terrorism and law enforcement. He was a part of the team awarded the 2009 Pulitzer Prize for Breaking News. More about William K. Rashbaum
Work2 Shot on Subway Train in Brooklyn During Evening Rush, Police Say This month, a Queens man was charged with criminal possession of a weapon and menacing after, the police said, he fired two shots at a homeless man who was trying to rob a woman in a Manhattan subway station.
WorkMbappé still looking for elusive Champions League dream with PSG In the end, PSG didn\'t need to win, but they will have to go to Dortmund believing that a victory is the minimum they require. Having pushed so hard to pull this result out of the fire, a failure to win in Dortmund combined with a Newcastle victory at St James\' Park will send PSG and Mbappé out, so the main man may have to carry his team to a big result once again.
WorkCFP Anger Index: Is Ohio State really that much better than Alabama or Texas? All the chalk this year has made it awfully hard to keep finding reasons to be outraged. Couldn\'t we have gotten a few more upsets? One or two? Something that forced the committee to really split some hairs or insist upon some complete logical paradox? That\'s the fun of these rankings, right? Yelling into the ether about meaningless rankings almost feels silly if there\'s not a compelling argument to go along with the anger.
WorkKings: Win over Dubs about more than moving on At the same time, the Kings fully understand that this win -- as satisfying as it is -- is just a small part of their overall goals, for the rest of the season and into the playoffs, and for the in-season tournament.
WorkBroncos' Jackson to meet with NFL commissioner Jackson made his comments to reporters from The Associated Press and other outlets as he arrived at the Ritz-Carlton in downtown Denver to attend teammate Pat Surtain II\'s \"Inspire the Dream Gala\" benefiting disadvantaged youth.
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WorkJPMorgan boss Jamie Dimon says the US is addicted to debt, and it's created a dangerous sugar high in the economy The rest of the global economy is also staring at a \"cocktail\" of risks, Dimon added. Previously, he said the world was facing \"most dangerous time the world has seen in decades,\" citing wars, growing debt levels, and restrictive monetary policy from central banks.
WorkUnity Software to cut 3.8% of staff in 'company reset' More changes are in store to \"refocus\" Unity\'s business, Whitehurst told Reuters. \"While no additions have been finalized, it\'s clear that we will reduce the number of things we are doing overall,\" he said.
WorkHere's why the dollar is facing its weakest month in a year while the euro has hit 3-month highs The euro is also benefitting from a stronger economic picture throughout the bloc. The shared currency edged up ahead of last week\'s Thanksgiving holiday after data showed that a slowdown in eurozone economic activity was letting up.
WorkTreasury’s ‘Blunder’ Was No Mistake At All, Former Official Says Yellen said earlier this month that the US Treasury has been lengthening the average maturity in its bond portfolio, and that its duration is close to the longest it’s been in decades. She added that Wall Street market professionals in discussions with the Treasury have continually emphasized the importance of deep and liquid markets for US securities across the yield curve.
WorkAfter Munger's death, Berkshire succession comes into focus \"It particularly doesn\'t feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here,\" Buffett said. \"I think most of the people who come to our meeting really come to listen to Charlie.\"
WorkVMware’s $92bn sale showers cash on Michael Dell and Silver Lake
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WorkCharlie Munger, Warren Buffett’s Right-Hand Man, Dies at 99 Charlie Munger, the outspoken business partner and sounding board of .css-1a2pxyw{display:initial;border-bottom:2px dotted rgba(0, 123, 189, 1);}.css-1a2pxyw:hover:not(:disabled){color:rgb(2, 86, 139);opacity:0.8;-webkit-text-decoration:none;text-decoration:none;}.css-woqp8m{-webkit-text-decoration:none;text-decoration:none;color:var(--interactive-text-color);border-bottom:none;}.css-woqp8m:hover{cursor:pointer;-webkit-text-decoration:none;text-decoration:none;}.css-vk5xc0-OverridedLink{color:rgba(0,123,189,1);border-bottom:1px solid rgba(0,123,189,1);-webkit-text-decoration:none;text-decoration:none;line-height:1;-webkit-text-decoration:none;text-decoration:none;color:var(--interactive-text-color);border-bottom:none;}.css-vk5xc0-OverridedLink.css-vk5xc0-OverridedLink 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svg,.css-k0yxyn-OverridedLink.css-k0yxyn-OverridedLink:focus.css-k0yxyn-OverridedLink.css-k0yxyn-OverridedLink:focus svg,.css-k0yxyn-OverridedLink.css-k0yxyn-OverridedLink:focus-visible.css-k0yxyn-OverridedLink.css-k0yxyn-OverridedLink:focus-visible svg,.css-k0yxyn-OverridedLink.css-k0yxyn-OverridedLink:focus-within.css-k0yxyn-OverridedLink.css-k0yxyn-OverridedLink:focus-within svg,.css-k0yxyn-OverridedLink.css-k0yxyn-OverridedLink:target.css-k0yxyn-OverridedLink.css-k0yxyn-OverridedLink:target svg{fill:rgba(109,120,120,1);}.css-k0yxyn-OverridedLink:hover{cursor:pointer;-webkit-text-decoration:none;text-decoration:none;}Berkshire Hathaway CEO Warren Buffett for more than 50 years, died at age 99 in Los Angeles, about a month before he would have turned 100 on Jan. 1, 2024.
WorkBuffett's Berkshire countersues billionaire Haslams in battle over Pilot valuation A trial in the Haslams\' lawsuit is scheduled to begin in January, and Berkshire wants its claims tried at the same time. The judge overseeing the case is expected to discuss scheduling at a Nov. 30 hearing.
WorkFalling bond yields help make another Fed rate hike likely next month, but expect a quick pivot to cuts in 2024, S&P Global says \"If downside risks to our baseline growth were to materialize, the Fed won\'t hesitate to cut more. If the economy keeps humming, the restrictive stance could last longer at its peak real rate,\" S&P said.
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WorkCharlie Munger was a fraction as wealthy as Warren Buffett. He would've been worth over $10 billion if he'd kept all of his Berkshire Hathaway stock. It\'s worth underscoring that Munger has intentionally pared his Berkshire stake to fund his charitable giving. For example, he donated 77 A shares worth about $40 million to a library and art gallery just this month.
WorkJack Ma urges Alibaba to ‘correct course’ in internal memo “Congratulations to Pinduoduo for their decision-making, execution and efforts of the past years,” Ma wrote. Every company has had their glory days, but “the people willing to reform for the future, and the organizations willing to pay any price and sacrifice are the ones that are truly respected.”
WorkMark Cuban to reportedly sell majority stake in Dallas Mavericks NBA team Cuban said almost a year ago he was interested in partnering with the Sands. He has been a proponent of legalizing gambling in Texas, an issue that didn’t make it out of the state legislature in a biennial session that ended earlier this year.
WorkLarry Fink, acclaimed photographer of different social classes, dies aged 82 Fink, who first took up photography at 13 and later studied under photographer Lisette Model, had a professional life that reflected the diverse outlooks of his parents. He grew up in a politicized family that scorned the free market, while also enjoying stylish automobiles and high-end parties. In the early 1960s, Fink moved to Greenwich Village in New York City, with dreams that he was undertaking not just a career, but a revolution.
WorkGuardian strikes TV and film deal with company behind The Crown Guardian intellectual property and reporting that has been turned into productions includes Snowden, the 2016 film by Oliver Stone starring Joseph Gordon-Levitt as the whistleblowing US intelligence analyst; The Fifth Estate about the WikiLeaks investigation; and 2018 feature film King of Thieves about the Hatton Garden heist.
WorkLeading grocery brands fuelling greedflation, UK regulator finds “We have also seen an increase in the use of loyalty scheme pricing by supermarkets, which means that price promotions are only available to people who sign up for loyalty cards,” Cardell said. “This raises a number of questions about the impact of loyalty scheme pricing on consumers and competition.”
WorkFood brands 'raised prices faster than their costs rose'; Saudi Arabia fund buys Heathrow stake - business live The picture is different when it comes to baby formula, with little evidence that people are switching to cheaper products and limited own label alternatives. We're concerned that parents may not always have the right information to make informed choices and that suppliers may not have strong incentives to offer infant formula at competitive prices.
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