sales

June retail sales weaker than expected despite World Cup, Prime Day

July 16 (UPI) — U.S. retail spending was weaker than expected while tourists from around the world came to the country for the World Cup.

Retail sales rose 0.2% in June from a revised 1% in May, and up 6.7% from June 2025, the U.S. Census Bureau said Thursday. Expectations from the data firm FactSet were at 0.3%.

The World Cup and Amazon‘s Prime Day helped boost spending, but lower gas prices slowed the rise. Excluding gas sales, June spending rose 0.7% after 0.9% in May.

A measure of retail spending that removes sales of building materials and gasoline rose 0.5% in June, which is down from 0.8% in May, but slightly higher than the expected 0.4% increase, CNN reported. It shows consumer demand continued steadily in June.

Strong economic growth along with rising inflation means that the Federal Reserve is less likely to lower interest rates. For the Fed to cut rates, inflation would need to slow to toward the 2% annual target or signs of a slowing economy, CNN said.

“Despite challenges, consumers are still spending and the labor market shows no signs of cracking,” Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, wrote Thursday.

“This type of data won’t move the Fed’s needle either way, but it underscores the ongoing resilience of the U.S. economy.”

Another economist said the second half of the year’s economy could slow even more.

“A renewed slowdown in spending, however, beckons over the second half of this year,” Oliver Allen, senior economist at Pantheon Macroeconomics, wrote in an analyst note Thursday.

“The lift to cashflow from tax refunds now has faded, leaving consumers far more exposed to the real income shock from the jump in gas prices.”

Source link

Abbott signals $5.45-$5.60 2026 EPS outlook while targeting 6.5%-7.5% comparable sales growth (NYSE:ABT)

Earnings Call Insights: Abbott Laboratories (ABT) Q2 2026

Management View

  • “Today, we issued second quarter results that included sales growth of 4.8%… and adjusted earnings per share of $1.31” (Executive Chairman, President & CEO Robert Ford), adding Abbott is “reaffirming our full year guidance for comparable sales growth of

Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.

Source link

TSMC’s June sales drive revenue surge of 68% ahead of earnings report

Published on

TSMC said on Monday that June revenue rose 67.9% year on year to NT$398.27 billion (€10.8bn), bringing the first-half of the year revenue to NT$2.4 trillion (€65.4bn), a 35.6% increase from the same period in 2025.


ADVERTISEMENT


ADVERTISEMENT

Based on the company’s monthly revenue disclosures, second-quarter revenue amounted to roughly NT$1.27 trillion, ahead of the NT$1.264 trillion (€34.4bn) consensus forecast from 20 analysts surveyed by LSEG.

Monday’s release covers June revenue and cumulative first-half sales only.

TSMC will publish its full second-quarter earnings on Thursday, including net profit, gross margin, operating margin and updated financial guidance.

The road ahead

At its April earnings presentation, TSMC said it expects full-year 2026 revenue to grow by more than 30% in US dollar terms and projected capital expenditure of between $52 billion (€45.5bn) and $56 billion (€49bn) as it expands manufacturing capacity to meet AI-driven demand.

New fabrication plants are under construction or in preparation in Arizona, Japan and Germany, reflecting both the scale of customer demand and government efforts to strengthen domestic semiconductor manufacturing.

Shares in TSMC rose about 1% following Monday’s revenue update.

Investors will now turn their attention to Thursday’s full earnings report for updates on profitability, margins, full-year guidance and the rollout of the company’s two-nanometre manufacturing technology, which is already attracting strong customer interest.

The AI engine

The company sits at the centre of one of the largest investment cycles in the semiconductor industry’s history.

Many of the world’s leading AI processors, including Nvidia’s GPUs and much of the custom AI silicon designed by Amazon, Google and Microsoft, are manufactured by TSMC in Taiwan.

At the company’s April earnings presentation, CEO Che-Chia Wei described AI demand as “extremely robust”, driven by the shift from chatbots that answer questions to agentic AI systems capable of taking actions.

That transition requires significantly greater computing power, increasing demand for the advanced chips TSMC manufactures.

Advanced technologies, defined as chips produced using process technologies of seven nanometres or smaller, accounted for 74% of wafer revenue in the first quarter.

TSMC’s three-nanometre technology alone contributed 25% of wafer revenue.

Reports have indicated that Nvidia has reserved roughly 60% of TSMC’s advanced chip-packaging capacity for 2026, highlighting continued supply constraints across the AI semiconductor market.

Source link

The UK theme parks and attractions with HUGE sales on this summer

YOU don’t need to empty your pockets to visit big-name theme parks and resorts this summer.

Especially not when these major UK attractions are offering free extra return tickets and 89p admission for kids.

Take a trip to Legoland Windsor Resort this summer and claim a FREE ticket to come back again
Collage of travel items including a plane, sunscreen, passport, suitcase, and plane tickets, advertising The Sun's travel Instagram account.

We’ve rounded up the very best offers at popular resorts like Alton Towers, Chessington, Legoland and Butlin’s that you can book this school summer holidays.

From half-price entry offers to kids tickets for less than £1, here are the ultimate theme park bargains for summer 2026.

Legoland Windsor Resort

Legoland are running a summer promotion that lets you unlock an extra day of theme park fun for the price of a single ticket.

There is an absolute mountain of things to do at this resort to keep both little ones thrill-seekers happy all day long.

Read more on family days out

FIT FOR A KING

Medieval UK castle is turned into a ‘flagship’ £15MILLION tourist attraction


TIME TO GO

I went to the new historical live-action theme park in the UK with NO rides

Tackle the park’s 55 rides and live shows, marvel at the Lego models in Miniland, or let the kids’ imaginations run wild in the brick-building zones.

While trying to cram the entire resort into a single day can feel like a mad rush, knowing you can return means you can relax and take in the park at your own pace.

The best part about this offer is that the free ticket you unlock doesn’t have to be used only at Legoland.

You can also redeem your free ticket for a trip to Chessington World of Adventures, Alton Towers or Thorpe Park instead.

Book your tickets to Legoland Windsor Resort from £29.75pp + claim an extra FREE return ticket

Gulliver’s Theme Parks

Wowcher are offering tickets to Gulliver’s Theme Parks this summer for £12.50 Credit: Gulliver’s

Save a massive 48% off a trip to a Gulliver’s Theme Park this summer at any of their four theme parks: Milton Keynes, Rother Valley, Matlock Bath, or Warrington.

With this Wowcher deal families can bag a ticket for £12.50 each, nearly halving the cost of buying a ticket direct for £25.

Whether you want to conquer the dizzying Gyrosaur, board the Rocky Ridge Railway, or meet live animals at the farm park, there’s plenty to do across all locations.

Throw in completely free parking and free entry for toddlers under 90cm, and you’ve got an affordable school holiday treat for the family.

Book your tickets to Gulliver’s Theme Parks for £12.50pp

Alton Towers Resort

Visit Alton Towers then claim a free ticket to return – or use it at Chessington, Legoland and more Credit: Supplied

Alton Towers is slashing the cost of a visit this school summer holidays with two theme park visits for the price of one.

The sprawling theme park is packed with world-class, white-knuckle rollercoasters for adrenaline junkies, alongside family-friendly rides like the new Bluey kids coaster.

There’s also exciting events this summer, such as the Minecraft Meet the Mobs from July 18 – August 28 plus the Bluey live experience with meet and greet, running throughout the summer.

To get the offer, make sure to claim the deal before July 27 and save your ticket and barcode from your first visit. Then you can claim yourself another visit to Alton Towers, or a free trip to Legoland, Chessington or Thorpe Park.

Book your tickets to Alton Towers resort from £29.75 + claim an extra FREE return ticket

Flamingo Land

Head to Flamingo Land in North Yorkshire with discounted tickets from £29 this summer Credit: Alamy

Families heading to North Yorkshire this summer can slash up to 50% off their day out at Flamingo Land Resort thanks to a Wowcher deal.

Here you’ll find hair-raising rollercoasters like the 10-inversion Sik Coaster and the lightning-fast Velocity motorbike ride, which launches from 0-60mph in 2.8 seconds.

Smaller thrill-seekers in tow can explore the Peter Rabbit Adventure, brave the river rapids, or take a quick break from the rides to stroll the zoo.

Tickets can be used on any date until November and start at £29pp, plus there are extra discounts available if you purchase multiple tickets. For example, if you book for a group of six you will save an extra £18 on top of the deal, while groups of four can save an extra £19.

Book your tickets to Flamingo Land from £29pp

Chessington World of Adventures

You could visit World of Paw Patrol on your trip to Chessington World of Adventure Credit: PA

Score two visits for the price of one on your next trip to Chessington World of Adventures.

Visitors can test their nerve by hurtling backwards on the terrifying Mandrill Mayhem in the World of Jumanji, or fly through the treetops on the popular Vampire coaster.

You could even tick off the World of Paw Patrol, a colourful themed land new for 2026 with gentle rides such as Chase’s Mountain Mission.

To claim the deal, buy a ticket online before July 27 to snap up a free return ticket that is valid for visits until September 25. As part of a combined summer promotion, you could also use your tickets at Thorpe Park, Alton Towers, or Legoland Windsor instead.

Book your tickets to Chessington World of Adventures from £29.75 + claim an extra FREE return ticket

Butlin’s

Bag a last-minute kids day ticket to Butlin’s this July for 89p – or enjoy 15% off in the summer hols Credit: butlins

Kids can bag a day visit to Butlin’s for 85p when visiting with a full-paying adult this summer, plus under 2’s go free.

This means that for one adult and one child, your entire family day out would cost a total of £19.85.

A day pass drops you straight into the action with unlimited turns on the traditional fairground rides and access to massive outdoor play areas.

You can also pack your swimsuits and tackle the flumes and wave pools at the subtropical Splash Waterworld, before catching a live daytime stage show starring the kids’ favourite characters.

Available across their Bognor Regis, Minehead, and Skegness resorts, it’s a ridiculously cheap way to enjoy a fun-filled family day out.

Make sure to get in quick, because this offer is only available until July 16. However, from then, day tickets during the school summer holidays will be discounted by 15%.

Book your day tickets to Butlin’s – with kids tickets from 89p

*Prices correct at the time of publication. Terms and conditions apply.



Source link

WD-40 outlines FY 2026 reported net sales of $675M-$690M while shifting homecare brands to “held for use” (NASDAQ:WDFC)

Earnings Call Insights: WD-40 Company (WDFC) Q3 fiscal 2026

Management View

  • “Third quarter consolidated net sales increased 24% year-over-year to $195.1 million,” said CEO Steven Brass, adding that maintenance products “represented 97% of total net sales” and “exceed[ed] our long-term growth expectations and setting a new record for the

Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.

Source link

Paris bans public drinking, takeout alcohol sales amid deadly heat wave

A young man dives from a bridge over the Saint-Martin Canal in Paris on Thursday amid a searing heat wave that prompted authorites in the capital to impose restrictions on drinking alcohol in public and takeout sales for the second time in five days. Photo by Yoan Valet/EPA

June 26 (UPI) — Authorities in Paris implemented restrictions on drinking in public and takeout alcohol sales on Friday for the second time in five days, amid one of the most severe June heat waves on record.

In an effort to reduce stress on the capital’s hospitals, public consumption of alcohol will be banned from noon through 7 a.m. Saturday, local time, and from noon on Saturday through 7 a.m. on Sunday, and can only be sold in bars and restaurants between 6 p.m. and 7 a.m on both days.

Prime Minister Sebastien Lecornu said the health alert level was being raised to its highest, to boost hospital staffing and protect the vulnerable while Paris police chief Patrice Faure said the the capacity of hospitals to cope was “reaching a saturation point.”

“As you know, drinking alcohol with the sun beating down can have a devastating effect,” said Faure.

The bans coincided with a France-Norway game at the FIFA World Cup in Boston, due to kick off in the early hours of Saturday, local time.

Paris Pride, which was due to run Thursday through Sunday, was moved to September, and the Solidays music festival, scheduled to be held over the same period, was canceled because police felt going ahead with either amid the searing temperatures posed a major public health risk.

On Thursday, a three-year-old child died in a hot car in Saint-Gratien in the northern Paris suburbs.

As Paris baked in record temperatures that peaked at 40.9 degrees Celsius earlier in the week, Health Minister Stephanie Rist warned the health impacts of the heat were not restricted to the elderly, infants and other vulnerable groups.

“Even if you are young and in good health with no underlying medical issues, this heat will affect you too. Young people are also suffering from cardiac arrests,” she said, explaining that the Paris ambulance responded to a four-fold jump in cardiac arrests, compared with normal, during a 24-hour period.

Paris mayor Emmanuel Gregoire said the mortality rate was on the increase and urged people, especially the young, to suspend normal physical activity such as jogging.

“We must not believe we are invulnerable. It’s fine to take a couple of days off from exercising,” he said.

Troops in landing craft approach Omaha Beach on D-Day in Normandy, France, on June 6, 1944. D-Day was the largest seaborne invasion in history and turned the tide of World War II. Photo by UPI | License Photo

Source link

MillerKnoll projects $3.93B-$4.13B in fiscal 2027 net sales as it plans 9-11 Herman Miller store openings (NASDAQ:MLKN)

Earnings Call Insights: MillerKnoll, Inc. (MLKN) Q4 fiscal 2026

Management View

  • “I am honored to step into this role” and “our financial performance is not where we want it to be,” said Chief Operating Officer and incoming Interim CEO Jeff Stutz, adding that fiscal

Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.

Source link

Trump renews push for year-round E15 gasoline sales across U.S. (ADM:NYSE)

Corn Made Biofuel

matt_benoit/iStock via Getty Images

The Trump administration asked Congress on Wednesday to pass a law allowing year-round sales of gasoline blended with 15% ethanol, marking the first formal push ​by his White House to enact the policy and siding with the biofuels industry against

Source link

L.A. voters will take up another sales tax hike. Will they do it for firefighters?

A new sales tax that would generate $345 million annually for the Los Angeles Fire Department will go before voters later this year, the City Council decided Tuesday, as a stubborn warehouse blaze burned for a seventh day on the city’s eastern edge.

The council voted 14-0 to put the half-cent sales tax hike on the Nov. 3 ballot, with supporters saying the additional funds would go toward more firefighters, new fire stations and new equipment, such as firetrucks and helicopters.

The vote came nearly 18 months after the outbreak of the Palisades fire, which destroyed thousands of homes in Pacific Palisades, Malibu and other coastal areas, leaving 12 people dead. But it more immediately coincided with the city’s fight to extinguish the blaze at the Boyle Heights cold storage facility, which has spread smoke across the region over the last week.

The campaign for the sales tax hike is being spearheaded by United Firefighters of Los Angeles City Local 112, the union that represents nearly 3,400 firefighters. Appearing before the council, union leaders pointed to the Boyle Heights fire as the latest sign that the city needs more money for emergency response.

“This is our plan to undo decades of under-investment in the department,” said Ryan Quigley, a 23-year firefighter/paramedic who also serves as the union’s secretary.

Mayor Karen Bass, through a spokesperson, said she is grateful to the union for bringing the tax proposal forward.

“[The mayor] has championed this measure from the very beginning,” the spokesperson, Paige Sterling, said in a statement.

The firefighters union began gathering signatures for the tax earlier this year, submitting them to the city clerk last month. Since then, backers have voiced confidence that it would pass, given the growing concern across the city about urban wildfires.

Still, the path to victory could be complicated by recent events.

Last month, Los Angeles County voters narrowly passed a different half-cent sales tax hike that’s expected to raise $1 billion annually to pay for healthcare. That measure, which received just above the 50% needed for passage, pushed the tax rate within the city of Los Angeles to 10.25 cents for every dollar of spending.

If voters approve the fire tax increase as well, the rate will jump to 10.75 cents per dollar.

The firefighters union also will be campaigning in a year when one of its recent leaders, Adam Walker, has been charged with one count each of grand theft and forgery. He has been accused of stealing more than $82,000 from a charity for injured firefighters to pay for his online gambling, his mortgage and other personal expenses.

Union President Doug Coates said Walker left his position two years ago. The union, he said, intends to make clear to voters that “the money is going to the right thing.”

So far, no one has emerged as an opponent of the tax increase. The Central City Assn., a downtown-based business group, is supporting the fire tax.

Susan Shelley, spokesperson for the Howard Jarvis Taxpayers Assn., said her organization has not taken a position on the proposal. Still, she argued that sales taxes in general are “extremely regressive,” hitting the hardest for Angelenos who can afford it the least.

“Our view is that the city budget should be prioritized to fund the fire department from the first dollar, not the last dollar,” Shelley said. “And that there shouldn’t be a need for a tax increase.”

The sales tax hike, if approved by voters, would represent the most significant public investment in the fire department since 2000, when voters passed a $532-million bond measure to pay for new facilities. Backers said the tax increase would help the department speed up emergency response times, while also building new fire stations and repairing existing ones.

The firefighters union began work on the tax proposal more than two years ago, before the inferno that erupted on Jan. 7, 2025, and carved a lethal path through Pacific Palisades and other communities. Still, the push for more funding gained greater attention in the wake of the fire.

While the flames were still raging, then-Fire Chief Kristin Crowley went on local and national television to accuse city leaders of failing to give her department the resources it needed. The media blitz shocked some at City Hall, who believed Crowley should have waited until the emergency was over before publicly assigning blame.

Crowley and the union said city leaders had forced the department to scale back its operations amid a budget crunch. Bass and the city’s policy analysts pointed out that fire department spending grew that year, largely because of pay increases given to firefighters.

Bass ultimately ousted Crowley, saying the chief failed to properly deploy firefighters amid warnings of dangerous Santa Ana winds. Crowley, who was demoted to another position, filed a lawsuit against the city, saying the mayor engaged in a retaliation campaign.

The fire that broke out last week at the Lineage Logistics cold storage facility has helped to rekindle calls for additional fire department funding.

Councilmember Eunisses Hernandez, whose Eastside district has been enveloped in smoke in recent days, told her colleagues Tuesday that climate change and corporate negligence are making such emergencies “more frequent and more severe.”

“Whether it’s the devastating fires that hit Altadena and the Palisades last year, or the Boyle Heights warehouse fire currently affecting air quality and public health across the whole city, every one of our districts is feeling the impacts,” she said, before voting to put the tax on the ballot.

Councilmember Traci Park, who represents the Palisades, said the fires in the Palisades and Boyle Heights have “exposed Los Angeles’ urgent need to modernize LAFD for the realities and demands of a modern century.”

Fire Chief Jaime Moore, in an interview Monday, said he asked Bass to declare a state of emergency last week so that his department could obtain additional resources to fight the Boyle Heights fire, including firefighters, firetrucks, drone pilots and hazardous materials teams.

“I had firefighters work Wednesday afternoon, Thursday, Friday, Saturday. I talked to my incident commander, and he goes, ‘Chief, these guys are getting their butts kicked.’ And that’s when I said, ‘I’m gonna reach out to the mayor, and I’m gonna see what I can do to get the state of emergency declared.’”

Supporters of the sales tax increase contend the department lacks the personnel to serve a city of nearly 4 million people. According to the union, L.A. has nearly 3,400 firefighters, roughly the same number as 50 years ago.

If voters pass the sales tax hike, the city would have the funds to bring the department up to 5,000 firefighters by 2050, union officials said.

Source link

Trump lifts Iran sanctions, allows first dollar sales since 1979

Vice President JD Vance, Pakistani Prime Minister Shehbaz Sharif and Qatari Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani speak ahead of talks between the United States and Iran at the Buergenstock resort in Obbuergen, near Lucerne, Switzerland, Sunday. The U.S. has waived Iran sanctions Tuesday. Photo by Urs Flueeler/EPA

June 23 (UPI) — President Donald Trump lifted sanctions on Iran releasing millions into the Iranian economy Monday,

President Donald Trump presents a Medal of Honor to Tom Ripley on behalf of his father, John W. Ripley, during a Medal of Honor award ceremony in the East Room of the White House on Thursday. Photo by Aaron Schwartz/UPI | License Photo

allowing American dollar trade for the first time since 1979.

The U.S. Treasury on Monday issued a 60-day exemption allowing Iran to produce and sell crude oil, petrochemical and petroleum products in U.S. dollars through Aug. 21.

Under this general license, boats and entities that were sanctioned are also cleared to operate. The waiver could also open up allowing U.S. imports of Iranian oil, which hasn’t happened since the 1990s.

Trump defended the move on Truth Social Tuesday morning, saying that the money to Iran is to be used for food and supplies purchased from the United States.

“Despite their protestations and false statements to the contrary, coupled with the drumbeat of the Fake News, which is doing everything possible to make the U.S. Victory as small and insignificant as possible, Iran has fully and completely agreed to highest level Nuclear inspections long into the future (Infinity!!!). This will insure ‘Nuclear Honesty.’ If they did not agree to this, there would be no further negotiations!” the president posted.

“Based on this and other major concessions being made by Iran, I have agreed to allow the Hormuz Strait to remain OPEN, with no further Naval Blockade. However, all ships are remaining in place should it be necessary to reinstitute the Blockade, which seems, at this point, highly unlikely. The Money and/or Sanctions that the U.S. Treasury is releasing goes into escrow, controlled by the U.S.A., and will be used for the purchase of food and medical supplies, exclusively from the United States, including Corn, Wheat, and Soybeans from our great American Farmers. These are things that are desperately needed by Iran. This is a humanitarian crisis, and I feel it is necessary to help, NOW, before it is too late. Talks are going well!” he said.

Vice President JD Vance said Monday that during peace talks on Sunday, Iran agreed to invite the International Atomic Energy Agency back into the country for inspections.

But Iran denied that concession Tuesday morning.

Source link

‘We’re Snookered Again!’ Regan Says He Told Reagan : Called for End to Iran Arms Sales

Blunt-spoken Donald T. Regan testified today that he repeatedly urged President Reagan to break off arms sales to Iran, once telling him, “We’ve been snookered again.”

And when it became known late last year that money from those sales had been diverted to the Nicaraguan contras , Regan said, he pushed for making a clean breast of the story despite the opposition of former National Security Adviser John M. Poindexter and the doubts of the late CIA Director William J. Casey.

Regan, who was fired in February as Reagan’s chief of staff after being blamed by the Tower Commission for allowing “chaos” to descend on the White House, was the next-to-last public witness in the long congressional Iran-contra hearings. He is to be followed by Defense Secretary Caspar W. Weinberger on Friday.

Kept in the Dark

Regan said he never knew that Lt. Col. Oliver L. North, a member of the National Security Council staff, was conducting covert operations, including the transfer of Iranian arms sales profits to the contras.

Asked his reaction when he learned last November, he replied in a single word–”horror.”

Recounting his version of the arms-sales history, Regan said that on Dec. 7, 1985, at a meeting with the President, Secretary of State George P. Shultz and Weinberger, he had said “we weren’t getting anywhere” with Iran despite the arms sales and had recommended: “Why bother, cut your losses, get out of it.”

Enter McFarlane

Instead, he said, the President sent former National Security Adviser Robert C. McFarlane to London to talk with Iranian representatives to see whether the attempt at better relations could be salvaged. He said McFarlane returned “quite disgusted with the sleazy type of characters that he had met there.”

Yet, when the matter of arms shipments came up again the following month, Regan endorsed further shipments. “It seemed again a worthwhile effort,” he testified.

One thousand TOW missiles then were shipped to Iran from the United States, but the hostages were not released.

Then, said Regan, he told the President that “I thought we ought to break it off, that we’d been snookered again. And how many times do we put up with this rug-merchant type of stuff? Or words to that effect.”

Seemed to Understand

Regan said the President seemed to share his view.

“Did he instruct anyone to terminate their activities?” asked Terry A. Smiljanich, the associate Senate committee counsel.

“No,” Regan said.

“There was a pause then, and I sort of lost track of what was going on.” He said the budget then occupied his time.

Among Regan’s disclosures and quips:

–Iran was running a “bait-and-switch” operation, with hostages the bait and Reagan the victim.

–He is certain that Reagan did not know of the diversion of arms-sales proceeds until Meese told the President last Nov. 24, the day before Meese announced discovery of the fund diversion on television.

“This guy was an actor and he was nominated at one point for an Academy Award,” Regan said of the President. “But I’d give him an Academy Award if he knew anything about this” and hid that knowledge so skillfully.

–He said he doubted Reagan would have approved of the fund diversion if he had known about it.

–”It didn’t occur to me that men of that caliber (Poindexter and North) would be destroying documents or . . . clean up the record.”

Source link

Russia cuts fuel sales to public in Crimea

Smoke billows in the background following a reported Ukrainian drone attack on a fuel facility in Moscow on Thursday. Photo by Stringer/EPA

June 21 (UPI) — The Russian government on Sunday halted fuel sales to civilians and businesses not considered vital to functioning and security in Crimea.

Sergey Aksyonov, the governor of Crimea, announced people would be turned away from gas stations amid a fuel shortage and logistical difficulties related to the war with Ukraine, the BBC reported.

“Further decisions regarding the current situation in the republic’s fuel market will be announced at a later date,” he said in a post on Telegram.

The announcement came amid new attacks by Ukraine on energy and transportation infrastructure on the Crimean Peninsula, Politico reported. Russia illegally annexed the peninsula from Ukraine in 2014, and it has been at the center of fighting between the two countries ever since.

Ukraine has repeatedly targeted Russia’s energy supply in an effort to hobble its defenses and ability to transport troops and machinery. Fuel facilities in the Kerch Strait in Russia’s Krasnodar region have also been attacked.

Aksyonov said a Ukrainian drone attack on an oil depot in Kerch killed four people and injured 28.

Ukrainian President Volodymyr Zelensky said the attack was a “just response to Russia’s brutal attacks.”

“Russia understands only strength, and our long-range strength is certainly working for peace,” he wrote in a post on X.

Source link

The best-value travel deals and sales on now

IF you haven’t booked yourself a summer holiday yet, or you’re desperate to upgrade your battered old suitcases…you’re in luck.

Top travel brands like Expedia, Eastpak, and On the Beach have launched massive summer sales – and we’ve rounded up the top deals.

On the Beach are offering holidays at The Villamarina Club hotel in Salou £385pp – saving £107 Credit: On The Beach
The Eastpak TRANVERZ M suitcase is down to £99 from its full price of £165 Credit: Eastpak

These companies have slashed prices on everything from plane essentials to entire package holidays.

We’ve scoured their websites to find the biggest discounts so you don’t have to.

Here are the top online travel deals you can snap up right now.

Eastpak Luggage Summer Sale – up to 50% off

Need a big, durable suitcase with heaps of packing room inside? Eastpak if your best bet.

TURK NOTE

Turkey urges tourists it’s ‘safe to travel’ with insanely cheap holiday deals


SUN SEEKER

I use ‘deal stacking’ tricks to save £1,000s on holidays & get FREE upgrades

Eastpak Luggage are running a summer sale where there’s up to 50% off on luggage, meaning you can make some huge savings on high-quality suitcases.

One of the biggest price drop items is the Travelpack backpack, where the price has been slashed in half from £95 to £47.50

If you’re looking for large luggage with plenty of room for your holidays, the TRANZVERZ L is currently 40% off – down from £185 to £111.

Another suitcase with big savings is the TRANVERZ M, a medium-sized suitcase on wheels which is down from its full price of £165 to £99 instead.

Expedia Big Summer Sale – up to 35% off

Expedia are having a Big Summer Sale where you can save hundreds on package holidays Credit: Expedia

Expedia’s Big Summer Sale has lots of hotels and package holidays still available for the summer where you can bag some major savings.

There’s also deals on flights and car hire, so you can sort out everything you’ll need for your holiday in one place.

Included in the sale are last-minute beach holidays, such as three nights at the adults-only Hotel THB María Isabel in Majorca for £217pp (saving £98).

Plus this package holiday in Greece comes with an extra night for free, staying three nights at the Oktober Downtown Boutique Hotel in Rhodes for £310pp (saving £101).

Here’s a selection of some of the top deals we could find

Packing cubes – 38% off

This eight peice packing cubes set is on sale for under a tenner at Amazon Credit: Amazon

If you haven’t started using packing cubes yet, now’s the time.

This eight piece set on Amazon is down 38% to £9.95, so you can grab yourself a full kit for under a tenner.

Rolling clothes into these cubes can save on luggage space, plus the kit comes with a dedicated toiletries bag and wet bag for swimwear – all are waterproof.

Not only can they save room in your suitcase, but they’ll save you time, too.

We all know that feeling of rummaging through a huge disorganised pile on the hotel room floor to find what you need.

Save yourself the hassle and keep things organised.

Amazon Travel Packing Cubes – £15.99 NOW £9.95

On the Beach holiday deals – £££ off + kids go free

You can bag a week-long holiday at the 5-star Royal Atlantis Icon in Turkey for £525pp Credit: Expedia

On the Beach have a huge number of package holidays on sale, with destinations ranging from Spain and Greece to Florida.

These holidays include flights and accommodation, and are currently up to hundreds of pounds off full price.

Some of the best deals include a week-long stay in Albufeira for £250pp at the Muthu Balaia Sol hotel, which even has a kids stay free offer.

There’s also a week-long stay at the Villamarina Club hotel in Salou for £385pp, which also offers free kids’ places. This holiday is currently £107 off.

Other holiday deals in the sale include:

Browse their top deals page for more holiday deals.

Noise reduction earplugs – 80% off

These Amazon earplugs are on sale at 80% off full price – you can bag them for £9.99 Credit: Amazon

If you’re tired of jamming cheap foam plugs into your ears – wondering if you’re doing actual damage to your ear canals – it’s time for an upgrade.

These Amazon earplugs are currently on sale for a massive 80% off, down from £49.99 to £9.99.

These soft and flexible earplugs are designed to mould perfectly into the ear – much comfier than the free pairs, which also don’t really block any noise.

In fact, these earplugs also provide 40% stronger sound isolation than regular foam alternatives, helping you enjoy the silence and sleep soundly.

Plus these plugs are specifically designed ‘to Block Snoring & Partner’s Noise,’ a saviour if you travel with a loud sleeper.

Amazon FIKSFA Ear Plugs – £49.99 NOW £9.99

Memory foam travel pillow – 20% off

This memory foam travel pillow is moulded to fit perfectly around your neck Credit: Amazon

Gone are the days of trying to get comfortable leaning against the plane window. Or worse, craning your head down onto your shoulder, leading to interrupted sleep and neck pain.

Travel pillows are a must for long haul flights – but not all of them are built the same.

This memory foam neck pillow from Amazon is ergonomically designed to cradle your neck perfectly.

Plus it even comes with ear plugs and an eye mask for optimum sleep, as well as a travel bag to keep it safe and clean.

It’s currently on sale, down 20% to £11.89. Skip the inflated airport prices and grab yourself a deal – and a better night’s sleep, too.

Amazon Cirorld Travel Pillow + ear plugs + eye mask – £14.99 NOW £11.89

*Prices correct at the time of publication.

Source link

Supporters cheer new L.A. County Measure ER sales tax

Supporters of a new Los Angeles County half-cent sales tax rallied Wednesday to celebrate what they framed as a historic win for the region’s cash-strapped healthcare system.

After a rocky election night that showed the tax lagging, supporters claimed victory Tuesday after the latest vote tally pushed Measure ER further over the 50% margin needed to pass. The measure would impose a new half-cent sales tax countywide, with the proceeds going toward local hospitals and clinics hit by federal funding cuts.

Jim Mangia, the chief executive of St. John’s Community Health who helped craft the measure, summed up the campaign as “grueling and expensive.”

“We had to ask an already overtaxed community — in the midst of runaway inflation and [an] affordability crisis — to tax themselves yet again,” he told a crowd of supporters Wednesday.

L.A. County already has a sales tax of 9.75%, and some cities add their own on top. Measure ER passing would raise the countywide sales tax to 10.25%, with some individual cities having a sales tax of more than 11%, according to the California Department of Tax and Fee Administration.

Despite a recent winning streak for sales taxes in L.A. County, some political observers had forecast doom for the measure, which came at a time of skyrocketing gas prices and cost-weary voters.

The largely informal opposition had consisted mainly of local cities that warned another sales tax would disproportionately burden the poorest residents and force shoppers across the county border in hopes of finding lower costs. Some city leaders had also dinged the county for misusing homelessness money generated from a previous sales tax and argued this new pot of dollars would be handled no better.

But supporters were able to eke out a narrow victory, according to the latest election returns, by emphasizing looming hospital closures and the temporary nature of the tax, which is set to sunset in five years.

“It’s a lifesaver to carry us through the storm we’re all in,” said county Supervisor Holly Mitchell, who led the push within the Board of Supervisors to get the measure on the ballot.

County leaders in February voted 4-1 to put the tax on the ballot after federal legislation threatened to pull health insurance from the poorest residents, leaving the already cash-strapped county to foot the bill for their care. Officials say cuts in the One Big Beautiful Bill Act are expected to slash more than $2 billion from the county’s budget for health services over the next three years.

“It’s disgusting what’s going to happen to our residents,” said Supervisor Hilda Solis, who championed the measure alongside Mitchell.

The tax, which begins Oct. 1, comes at a time of budget-tightening for the county amid rising labor costs and a $4-billion sex abuse settlement that is set to be paid out over the next five years.

Officials estimate the tax will bring in about $1 billion per year, which will go to clinics, hospitals and Planned Parenthood services that supporters say are at risk of closure without a new source of cash.

A similar proposed healthcare sales tax in Contra Costa County, meant to generate $150 million a year, was soundly rejected with about 57% of voters opposing the measure, according to votes tallied as of Wednesday.

Source link

LA28 releases details on second Olympics ticket sales drop

LA28 reserved the first Olympic tickets for locals. To kick off the second round of ticket sales, it’s a sponsorship connection that could help fans get to the front of the line.

Before the second Olympic ticket drop officially begins Aug. 10, LA28 announced Wednesday there will be a presale for Visa cardholders that will run from July 29-31.

Visa has sponsored the Olympics for 40 years and is the only credit card accepted for payment in Olympic zones. For a chance to be selected for the presale, fans need to first confirm their status as a Visa cardholder. Fans who have already registered can log into their existing LA28 ticket account, check the “Visa presale box” and save changes. New registrants must select the Visa cardholder option during the registration process. All ticket sales during the presale must be completed with a Visa credit card.

Fans can register for the second ticket drop at tickets.la28.org until July 22. Those who already registered for Drop 1 but weren’t selected or didn’t purchase their full 12-ticket allotment do not have to sign up again and are automatically entered into the lottery for Drop 2, which will run from Aug. 10-20.

Fans who are randomly selected for the Visa presale will be notified of their time slot on July 27. Those who aren’t selected for the presale remain eligible for a time slot in Drop 2. Email notifications for Drop 2 time slots will go out from Aug. 6-7.

The second ticket drop will offer tickets across all Olympic sports at a range of price points, LA28 said in a statement, subject to inventory availability. Prices start at $28 for individual tickets, but of the total 1 million $28 Olympic tickets, half were scooped up during the Drop 1 presale that was reserved for locals living near venue cities in Southern California and Oklahoma City.

April’s ticketing debut frustrated fans who were surprised by high prices, a 24% service fee on every ticket and limited inventory for key events. Still, LA28 sold 4 million tickets across 85 countries, a historic number that had International Olympic Committee officials giddy for the potential of the 2028 Games.

“What we thought we were going to sell, and what we thought we were going to get for people who registered for interest, we exceeded those by magnitudes,” LA28 Chief Executive Officer Reynold Hoover told The Times on June 4 after IOC members visited L.A. “We were able to set Olympic records in terms of sale, but I think the broader picture about all of that is people want to be a part of something really big and be part of something here in L.A., a part of history.”

LA28, the organizing committee behind L.A.’s first Olympics in 40 years, expects to generate $2.5 billion in ticketing and hospitality to support what has been advertised as a privately funded Games. The estimated $7.1-billion operations budget is also buoyed by $2.5 billion in expected sponsorship revenue. LA28 already has $2 billion in domestic partnership money.

Source link

Supporters of L.A. County healthcare sales tax declare victory

Supporters of a half-cent sales tax proposed to help fund health services in Los Angeles County declared victory Tuesday after days of steadily gaining ground as more ballots were counted.

The latest results show the “yes” camp ahead by a slim margin, with just more than 50% of the vote. The measure needs a simple majority to win.

“Today, Angelenos sent a clear message: we take care of each other,” said Jim Mangia, chief executive of St. John’s Community Health and a spokesperson for the campaign, in a statement. “For months, we watched Washington make decisions that stripped healthcare away from hundreds of thousands of our neighbors — and today, Los Angeles County answered.”

The campaign said it would be organizing a news conference Wednesday to celebrate the “historic win.”

The proposal, on the ballot as Measure ER, had gained traction since election night, when results showed the tax had failed to gain a majority of support among early voters. Voters have not rejected a sales tax hike in L.A. County since 2012, when a transportation measure fell just short of a needed two-thirds majority with 66.1% support.

Approval of Measure ER would impose a new sales tax of half a penny of every dollar spent in the county, with the proceeds going to local hospitals and clinics that say they’re bleeding funding after federal cuts. Officials anticipate it will bring in $1 billion annually to patch the holes in the health services network.

The tax, which was championed by a coalition of healthcare advocates, takes effect Oct. 1 and will last for five years.

Source link

Designer Brands anticipates Q2 sales flat to slightly up as full-year EPS trends toward high end of range (NYSE:DBI)

Earnings Call Insights: Designer Brands Inc. (DBI) Q1 fiscal 2026

Management View

Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.

Source link

Activists disrupt German military exhibit over arms sales to Israel | Genocide News

NewsFeed

Pro-Palestine activists interrupted an army recruitment event during German Armed Forces Day. They climbed onto a tank and unfurled a banner reading ‘Genocide with German weapons’ and named Rheinmetall, a key arms supplier to Israel’s military.

Source link