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Markets5-day change

Business, page 6

Running the thing: costs, suppliers, staff and the paperwork.

Sunday, October 11

Friday, October 9

Jeff Bezos predicts AI will make three-day work weeks possible

Amazon founder Jeff Bezos sees a new future. He says AI will boost worker productivity massively. One salary might soon support a whole family. Some people will choose to work only three days. Hiring will become harder for business owners everywhere. This shift could change how you run your shop.

2:52pm ET
Collaborative robot arm with a metal gripper in a factory

Citi hires 12 new private bank leaders to chase $3 trillion

Citi is hunting for billions in new North American assets. They hired 12 new leaders to grab wealth from competitors. The bank currently manages over $1 trillion for elite clients. They want to capture another $3 trillion sitting elsewhere. This push signals a major shift for the global giant.

1:02pm ET
Close-up of the edges of several hundred-dollar bills lined up.

Kroger and Target update staff uniforms to boost store visibility

Shoppers often struggle to find help in big stores. Kroger and Target are now forcing staff to wear uniforms. Kroger workers must wear company shirts with logos. Target grocery staff will soon wear hats and aprons. These changes aim to make employees easier to spot.

12:40pm ET
A shopper with a cloth tote bag reaching for produce, face not shown

Ocean freight rates stay high despite China Golden Week holiday

Shipping costs usually drop during China's Golden Week holiday. This year, weather delays are keeping prices high for everyone. Over 150 ships are stuck waiting at the Shanghai port. You should expect delays of up to 10 days on shipments. These high fees will likely hit your bottom line this month.

12:24pm ET
Orange gantry cranes over a container terminal seen from the water.

H-E-B grocery store visits grow 6 times faster than industry average

Texas shoppers are flocking to H-E-B stores. Visits jumped six times faster than other grocery chains. Customers stay longer and visit more than four times monthly. The chain adds BBQ restaurants to keep people inside. They are expanding rapidly across the Dallas-Fort Worth area.

12:04pm ET
Piles of peppers, eggplant and squash in a supermarket produce aisle.

Thursday, October 8

Customer interviews reveal why buyers ignore your marketing ads

Your buyer thinks differently on every platform. A Google searcher wants answers fast. A Reddit user wants honest peer advice. Do not use the same script everywhere. Talk to your customers to learn their specific mindset. This helps you fix ads that are not working.

8:52pm ET
Hands pass a clipboard across a desk during a job interview.

Meta pays $18 billion to settle lawsuits as user numbers grow

Meta is facing massive legal bills across the country. Courts call their apps a public nuisance for young users. Despite the bad press, their business is booming. Profits are up and new AI tools are launching. You might wonder if any scandal can hurt them.

7:40pm ET
Tall stone columns and an old lamp outside a courthouse.

Dallas keeps 300 license plate cameras after company offers free 90-day extension

11:41am ET
A man in a suit holds a pen over documents in a leather folder.

Priceline owner faces FTC crackdown over misleading hotel ads

The US Federal Trade Commission is preparing action against Booking Holdings. Ads on Priceline send guests to a third party charging surprise fees. The case carries more than $500 million in potential penalties. Check your bookings if you use travel aggregator websites.

11:22am ET
A neat hotel bed with white pillows under a wall lamp.

Chrysler Building to get crown restored after multi-million-dollar sale deal

The famous Chrysler Building in Manhattan is getting a major fix. Developer Tishman Speyer is putting $235m into the 77-storey skyscraper. Workers will polish the Art Deco crown and upgrade the offices inside. The historic tower near Grand Central will finally shine again.

9:53am ET
Glass office towers seen from street level, pointing into a cloudy sky.

Air cargo shippers drop long-term contracts as short deals surge

Long-term shipping deals are losing favor as the Air cargo market shifts rapidly. Shippers locked into 3-month agreements now make up 60% of new business. One-year contracts dropped sharply from 40% down to 25%.

8:30am ET
Freight trucks roll along a two-lane highway beneath a mountain.

Wednesday, October 7

Tuesday, October 6

Equinor warns UK risks becoming uninvestable if drilling is blocked

Norwegian oil giant Equinor threatens to pull future UK investments. The company questions projects at Rosebank and Jackdaw fields. Energy Secretary Miatta Fahnbulleh faces a final approval decision.

7:46pm ET
An oil pumpjack works a flat oil field under a gray sky.

Over 1,200 crew members from non-ties nations entered Israel this year

More than 1,200 airline crew members from countries without diplomatic ties entered Israel this year. The total includes citizens from Syria, Lebanon, and Oman. Newly revealed figures follow the attempted hijacking of a FlyDubai flight to Tel Aviv.

6:01pm ET
A passenger jet parked at a jet bridge on an airport apron.

Amazon wins global rights to stream Emmys

Amazon Prime Video is a streaming service. They will stream the Emmy Awards for free worldwide. The ceremony starts in 2027. It was on traditional US TV before.

4:44pm ET
Satellite dish pointed at a cloudy sky

US stocks rise toward all-time high

S&P 500 up 0.8%. Dow Jones adds 265 points. Oil prices drop 2% to $98.30 per barrel.

2:44pm ET
Close-up of a trading screen with a sharp drop and rebound in prices.

Over 200 Israelis arrive in Poland without luggage

Students and staff from Rehovot and Ness Ziona. Flight delayed 90 minutes at Ben Gurion Airport. No clear timetable for delivering luggage. They are buying essentials and checking insurance.

11:50am ET
A jet waits at the gate, seen through a dark terminal window.

Utah becomes first state to let artificial intelligence prescribe acne medication

Utah is the first state allowing artificial intelligence to prescribe acne medication. Telehealth startup Nolla Health offers the app for about $5 a month. Medications cost around $50 a month without seeing a doctor.

10:40am ET
Long aisle between rows of server cabinets inside a data center

Surgeon turned entrepreneur builds 25 longevity clinics called Next Health

Dr. Darshan Shah founded Next Health to fix everything people hate about doctor visits. The longevity clinic chain now has more than 25 locations worldwide. Memberships start at $99 a month, while an Executive Physical costs $14,500.

8:53am ET
A gloved hand holds a white capsule over dishes of pills in a lab.

Wednesday, September 23