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[ad_1] In a social media post on Juneteenth, President Donald Trump said America has “too many” holidays where people don’t work.”Too many non-working holidays in America,” Trump wrote on Truth Social late Thursday. “It is costing our Country $BILLIONS OF DOLLARS to keep all of these businesses closed.”The president said that the frequency of holidays “must change” and that workers didn’t want them, either.”The workers don’t want it either!” he continued. “Soon we’ll end up having a holiday for every once working day of the year. It must change if we are going to, MAKE AMERICA GREAT AGAIN!”Juneteenth, held on…

[ad_1] This week, the world’s top leaders in advertising and marketing have been on the coast of France at the Cannes Lions festival to talk about all things brand strategy.There, the CEO of an iconic American company took to the mic to discuss why his company is doing less promotions as it tries to revitalize its image and reputation to consumers.Richard Dickson, the chief executive officer of Gap Inc. — which owns its namesake company, plus retailers Banana Republic, Old Navy, and Athleta — was open about the company’s past blunders in a conversation with the Wall Street Journal.”This is…

[ad_1] SpaceX’s flagship rockets keep blowing up.On Wednesday night, one of the Elon Musk-run space technology company’s latest rockets erupted into an inferno on the launchpad.The explosion, which enveloped a portion of SpaceX’s Starbase campus in Texas in fire and smoke, was meant to be a routine test ahead of a launch for the company’s Starship program.The company plans to use Starship rockets — the successor to its Falcon models — to conduct missions to the moon, and eventually, Mars.Wednesday’s explosion marks the fourth consecutive failure for SpaceX’s Starship rockets this year.In May, a Starship rocket successfully made it through…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Canada’s Prime Minister Mark Carney will impose measures to counter the oversupply of steel and aluminium imports and may increase levies on the US, as increasingly protectionist measures are deployed in the global tariff war over crucial industrial inputs.Carney on Thursday said Canada would “adjust” its 25 per cent counter-tariffs on imports of the two metals from the US, based on how talks with Washington had progressed by July 21.As an anti-dumping measure, Canada will also apply new tariffs on any…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Swiss National Bank has cut interest rates by a quarter point to zero but did not go so far as negative rates, as it battles to restrain its currency, which has surged on global trade tensions. It is the first time that the Alpine country, which is one of the few globally to experiment with negative rates, has an interest rate of zero as it tackles lagging inflation and a surging Swiss franc, a haven currency that investors have bought up…

[ad_1] It’s been a rough year for luxury retailers, as economic headwinds have reduced consumer demand, but there are still a few places where people are willing to spend money.Luxury brands could be facing their biggest setback in 15 years, according to a report published by Bain & Company and Italian luxury goods industry association Altagamma on Thursday. In addition to a global trade war, the industry is struggling to adapt to social and cultural changes. Demand in the US and China, the two biggest markets for luxury products, has been slowing. Some legacy companies are facing financial difficulties with debt and restructuring.Another challenge for…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A former Janus Henderson analyst who used working from home as a cover for insider trading, making profits of nearly £1mn, has been found guilty in one of the most high-profile UK insider dealing cases in recent years.Redinel Korfuzi, 38, was convicted of insider trading and money laundering alongside his sister, Oerta Korfuzi, 36, by a jury at London’s Southwark Crown Court on Thursday after a four-month trial. Personal trainer Rogerio de Aquino and his girlfriend Dema Almeziad were acquitted of…

[ad_1] It’s no secret that open-concept homes are becoming less popular.There are many reasons people are closing up their open-concept spaces — one of the biggest being that people don’t know how to make these floor plans work for them.Business Insider spoke to two interior designers about the common mistakes people make with their open-concept homes.Think about your life before you embrace an open conceptCharlotte Eustace, a UK-based interior designer who founded Eustace Studio, said she thinks one of the biggest issues people face with open-concept homes is that they don’t think of how they will work in their lives.”Because…

[ad_1] CNN  —  As Elon Musk returns his focus to his businesses, one of his most important companies just had another setback: A SpaceX Starship rocket exploded in an immense fireball Wednesday during a routine ground test. The explosion marks the fourth failure in a row for SpaceX’s Starship, all while Musk’s other companies and his personal brand struggle to recover after his foray into politics. Starship is supposed to help reach NASA’s goal of bringing American astronauts back to the moon by 2027: The US space agency is paying SpaceX up to about $4 billion for the mission. Although…

[ad_1] Facebook Tweet Email Link Sign up for CNN’s Life, But Greener newsletter. Our limited newsletter series guides you on how to minimize your personal role in the climate crisis — and reduce your eco-anxiety. That extra fee at the grocery store for a plastic shopping bag isn’t just an inconvenience –– it is actually making a difference for marine ecosystems, according to a new study. Policies that ban or impose fees on plastic bags are associated with a 25% to 47% decrease in plastic bag litter in shoreline cleanups, according to a study published Thursday in the journal Science.…