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...Including the latest writedown, Dollar Tree has taken $5bn in impairments on Family Dollar over the past five years. Dollar Tree said it was a victim of the macro environment....
...But Dollar Tree has suffered some hits in the past few years....
...US technology giants have faced a growing number of questions about their AI development as they spend billions of dollars to compete in the emerging sector....
...Additional reporting by Patrick Temple-West in New York...
...In the US and China, billions of dollars more in investment, mostly in prediction algorithms and perception software, are needed before the industry can demonstrate the technology is safe....
...The two companies have reached multimillion- dollar settlements with the agency....
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...The outflows started in 2022 after West Virginia state treasurer Riley Moore included BlackRock on the nation’s first list of financial firms deemed to boycott fossil fuel companies....
...The other is the Permian Basin — the vast oilfield that stretches across west Texas and New Mexico — where production increases have slowed amid constraints on fracking imposed by local authorities....
...Chair Young Liu said in August that the company was going to invest “several billions of US dollars” in India. Additional reporting by Hudson Lockett in Hong Kong...
...PacifiCorp joins other utilities confronting emerging risks from climate change including hotter, drier weather that make wildfires more likely — especially in the US west....
...China’s trade ambition Friction with the west has prompted Beijing to build its own alternative system focused on developing nations, reports the FT in a Big Read....
...in Asian apparel hubs could lead to tens of billions of dollars of lost earnings....
...Dollar Tree has long sold what the industry calls consumables in its Family Dollar chain but it has recently expanded its groceries offering in Dollar Tree outlets too....
...Weak performance by companies such as Coca-Cola, Target, Walgreens Boots, Dollar Tree and Dollar General are a big part of that story — and a trend worth watching, given that the strong consumer is such...
...Access already owns a stake in Spotter, the YouTube platform that backs creators such as MrBeast, which is now a “unicorn” worth more than a billion dollars....
...A sign of the times, the fastest growing brick and mortar stores in the US are discount retailers Dollar General, Dollar Tree and Five Below....
...Meanwhile TikTok Shop is still trying to break through in the West, where it has invested heavily in the UK and US....
...Eighteen states have passed some form of anti-ESG law, and Texas and West Virginia among others are boycotting BlackRock funds....
...“The relatively low Australian dollar against the euro and US dollar is encouraging many expat purchases and Chinese buyers are returning since China opened back up....
...DIY retailers such as Home Depot and dollar stores including Dollar Tree said shrink had cut their gross margins by several basis points in the first quarter, while Foot Locker was among several retailers...
...Critics worry about the potential surveillance and malign influence that China could exert over TikTok's users at a time of deteriorating relations between east and west....
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