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Month: July 2022

Glossier is coming to Sephora

By Parija Kavilanz, CNN Business Cosmetics company Glossier, which has cultivated a cult-like following among Millennials and Gen Zers, announced Tuesday it is bringing the brand into Sephora stores in its first retail partnership. Sephora stores nationwide and across Canada will start selling Glossier products beginning in early 2023 as well as on Sephora’s website

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9/11 survivors’ group ‘appalled’ by ‘hurtful’ Saudi-backed LIV Golf tour ahead of event staged near Ground Zero

By Liam Reilly and Ben Morse, CNN A 9/11 survivors’ group has said it is “appalled” by the “offensive, disrespectful and hurtful” Saudi-backed LIV Golf tour as the event prepares to stage its next competition about 50 miles (80km) from the site of the deadly terror attack. Speaking on Tuesday at a press conference near

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Walmart, Shopify fall; 3M, GE rise

Stocks that traded heavily or had substantial price changes Tuesday: Shutterstock Inc., down $4.68 to $54.40. The stock images and video provider posted second-quarter sales and profit that missed Wall Street expectations. Walmart Inc., down $10.04 to $121.98. The retail giant cut its profit outlook, saying rising prices for food and gas are forcing shoppers

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Grim news from Walmart sends US markets lower

By ALEX VEIGA AP Business Writer Big retailers and technology companies led stocks lower on Wall Street Tuesday after Walmart warned that inflation is hurting American consumers’ spending power. The sell-off comes ahead of the Federal Reserve’s latest interest rate policy statement on Wednesday, when economists expect the central bank to announce another sharp rate

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