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The father of the youngest victim of Australia’s Bondi Beach mass shooting gave an emotional tribute to his 10-year-old daughter, Matilda, at a vigil for victims on Tuesday December 16.
New York City animal shelters are becoming overwhelmed as residents surrender more and more pets amid an ongoing affordability crisis, according to a new report.
The Animal Care Centers of New York City — a network of public animal shelters in Manhattan, Queens and Staten Island — told The New York Times they have 1,000 animals in their system as of last week. The shelter network is now caring for hundreds of cats, dogs and kittens. The network is also housing 50 rabbits, a dozen guinea pigs and several birds.
The increase in surrenders comes as pet owners are increasingly unable to afford their furry friends, according to the Times. People are surrendering animals “nonstop,” and the shelters are struggling to keep up, Animal Care Centers’ Communications Director Katy Hansen told the newspaper.
“Not everybody is surrendering their pet because they just don’t have time,” Hansen said. “There’s a lot of people that are just, like, really struggling. And it’s sad. You know, they come in, ..
Beverage and snack giant PepsiCo is set to overhaul its product portfolio, announcing plans to cut prices and streamline its offerings following pressure from activist investor Elliott Investment Management.
The New York-based conglomerate, known for brands such as Cheetos, Tostitos, and its extensive beverage range, intends to eliminate nearly 20 percent of its current product lines by early next year. This strategic move aims to free up capital for increased marketing investment and to deliver enhanced value to consumers, though specific products slated for removal and the extent of price reductions remain undisclosed.
Concurrently, PepsiCo is accelerating the launch of new items featuring simpler, more functional ingredients. Examples include Doritos Protein and the Simply NKD range of Cheetos and Doritos, which are free from artificial flavors or colors. The company also recently introduced a prebiotic version of its signature cola.
These significant changes come after Elliott Inve..
Baby clothing vendor Carter's will close about 150 stores across North America and lay off around 300 people after President Donald Trump's tariffs ate badly into its profit margins.
In an earnings report on Monday, the company said its net income for the three months ending in September had crashed by more than 80 per cent since the same period last year, from $58.3m to only $11.6m.
As a consequence, the Atlanta-based retailer will try to save around $35m per year by increasing its number of store closures by 50 and cutting around 15 percent of its total workforce, having previously announced it would close around 100 stores.
It comes as companies in multiple industries report damage to their business from Trump’s import taxes, leading many business leaders to fear that a financial crash may be imminent.
“Our third quarter performance reflected continued improvement in U.S. Retail business demand,” said CEO and president Doug Palladini on Monday.
“However, elevated product c..