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Reuters
UPDATE 1-LVMH's first quarter sales growth slips to 3% on luxury slowdown
LVMH reported a 3% rise in first quarter sales on Tuesday, marking a slowdown as rising prices prompted more shoppers who aspire to own its handbags and other luxury goods to hold back on splashing out thousands of dollars. The slower quarterly sales growth reflected comparisons with the same period in 2023, when sales were boosted by the lifting of COVID-19 curbs in LVMH's key market of mainland China and comes amid worries about a prolonged global slowdown which has knocked luxury companies' shares over the past year. The world's largest luxury group, owner of Louis Vuitton, Tiffany & Co. and Bulgari, said sales for the quarter ending in March were up 3% year-on-year on an organic basis to 20.69 billion euros ($22 billion), matching analyst expectations.
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Sacramento Bee
11-year-old girl breaks away as next-door neighbor gets into her bed, Utah cops say
The neighbor originally entered the home to use the bathroom, police say.
3 minutes ago
Reuters
LVMH's first quarter sales growth slips to 3% on luxury slowdown
LVMH reported a 3% rise in first quarter sales on Tuesday, marking a slowdown as rising prices prompted more shoppers who aspire to own its handbags and other luxury goods to hold back on splashing out thousands of dollars. The slower quarterly sales growth reflected comparisons with the same period in 2023, when sales were boosted by the lifting of COVID-19 curbs in LVMH's key market of mainland China and comes amid worries about a prolonged global slowdown which has knocked luxury companies' shares over the past year.
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Associated Press
Indiana sheriff's deputy dies after coming into contact with power lines at car crash scene
A suburban Indianapolis sheriff's deputy died after he came into contact with downed power lines at the scene of a car crash, police said Tuesday. Deputy Fred Fislar came into contact with power lines knocked down by the crash after he arrived at the scene just north of Plainfield around 11:50 p.m. Monday, said Hendricks County Sheriff Jack Sadler. A passing motorist noticed Fislar was down at the crash scene just southwest of Indianapolis and notified dispatchers.
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PA Media: UK News
‘Hardest Geezer’ announces long-distance running return at London Marathon
Russ Cook said he planned to run the marathon on Sunday for charity despite only finishing his 352-day challenge on April 7.
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The Canadian Press
The Latest | Jury selection in Trump’s hush money trial stretches into 2nd day with more dismissals
NEW YORK (AP) — Donald Trump returned Tuesday to a New York courtroom as the jury selection process in his historic hush money trial enters a second day. The former president and presumptive GOP nominee began the day by railing against the trial and complaining about a gag order that bars him from from publicly commenting on jurors, potential witness and others related to his criminal cases. “This conflicted, Trump Hating Judge won’t let me respond to people that are on TV lying and spewing hate
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Local Journalism Initiative
Cape Breton lacrosse player set to represent Canada overseas
ESKASONI — Leonard (Lenny) Marshall, a 20-year-old lacrosse player from Eskasoni First Nation, is gearing up for a significant milestone and the most prominent "road game" of his career. Selected to represent Canada at the 2024 E-Box Invitational Box Lacrosse Tournament in Prague, Czechia, Marshall views this opportunity as the result of years of hard work and perseverance. Marshall plays for two teams in Nova Scotia: the Mi'kmaq Warriors junior 'A' team in Truro and the Nova Scotia Privateers m
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Reuters
UPDATE 1-Trump's import tariff proposal would be lose-lose, WTO chief says
The World Trade Organization's chief said on Tuesday that U.S. presidential candidate Donald Trump's proposal to impose a 10% import tariff would prompt retaliation from partners, resulting in a "lose-lose" situation that could upend the trading system. Okonjo-Iweala was responding to a question about the impact of the proposal by Trump, a Republican, to slap a 10% tariff on all imports were he to defeat Democratic President Joe Biden in the Nov. 5 U.S. election. Okonjo-Iweala, whose campaign to be WTO chief was opposed by the U.S. in 2020 under Trump, was speaking at an event at the Peterson Institute for International Economics in Washington to mark the global trade watchdog's 30th anniversary.
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The Canadian Press
Biden returns to his Scranton, Pennsylvania, roots to pitch his plan for higher taxes on the rich
WASHINGTON (AP) — President Joe Biden returns to his childhood hometown of Scranton on Tuesday to open three straight days of campaigning in Pennsylvania, capitalizing on the opportunity to work the battleground state while Donald Trump spends the week in a New York City courtroom for his first criminal trial. The Democratic president plans to use Scranton, a working class city of roughly 75,000 people, as the backdrop for his pitch for higher taxes on the rich. At the same, he will portray Trum
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Yahoo News UK
What we know about the next M25 closure in May
National Highways said the seven-mile stretch of the motorway between Junctions 9 and 10 in Surrey will be closed in both directions from 10 to 13 May.
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The Canadian Press
Dr. Martens dour US revenue outlook for the year sends stock of iconic bootmaker plunging
NEW YORK (AP) — Chunky bootmaker Dr. Martens is warning of a tough year ahead. Dr. Martens shares plunged more than 30% Tuesday after the iconic British brand forecast wholesale revenue in the U.S., its largest market, would decline by double-digits compared with last year. Trading in Dr. Martens stock was temporarily halted on the London Stock Exchange early Tuesday as it sank to a record-low 0.64 pounds, according to FactSet. That could translate into a sizeable hit to profits, with the compan
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The Canadian Press
International competition for ideas on how to reuse old Montreal Olympic Stadium roof
MONTREAL — The organization that oversees Montreal's Olympic Stadium is holding an international competition to find a second life for the building's tattered, old roof. The Olympic Park has launched a contest on how best to recycle and reuse the materials and components that are set to be dismantled this summer. Quebecers will be asked to vote for their favourite among eight ideas selected by a jury. In February, the Quebec government announced a project to replace the stadium's roof for $870 m
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Reuters
Chile must pass permitting reforms to unblock investment: BHP
"In Chile it is urgent to improve the permit system to allow companies to approve large investment projects in a timely manner," BHP President Americas Brandon Craig said during a panel at the World Copper Conference, which is being held in Santiago. Mining companies and industry groups have complained about the extensive permitting process in Chile. In January, the government presented legal reforms to streamline permitting for investments, which can currently reach up to 500 requests from various authorities.
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USA TODAY Sports
Whitey Herzog dies at 92: Hall of Fame MLB manager led Cardinals to World Series title
Member of Hall of Fame Class of 2010, Whitey Herzog managed for 18 seasons, leading St. Louis Cardinals to three NL pennants, 1982 World Series title.
5 minutes ago
People
Wawa Is Handing Out Free Coffee All Day on Tuesday to Celebrate the Store’s 60th Anniversary
The beloved convenience store is serving up nostalgic merchandise — and free coffee in vintage-inspired cups on April 16 for "Wawa Day"
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The Canadian Press
Outdated cancer screening guidelines jeopardizing early detection, doctors say
A group of doctors say Canadian cancer screening guidelines set by a national task force are out-of-date and putting people at risk because their cancers aren't detected early enough. "I'm faced with treating too many patients dying of prostate cancer on a daily basis due to delayed diagnosis," Dr. Fred Saad, a urological oncologist and director of prostate cancer research at the Montreal Cancer Institute, said at a news conference in Ottawa on Monday. The Canadian Task Force on Preventive Healt
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Lexington Herald-Leader
Want to start a garden or yard project? This Lexington agency can help you cover costs
The program could help you pay for a rain barrel, raised beds and more.
6 minutes ago
Yahoo Finance Video
IMF upgrades global growth forecast, sees economic resilience
According to the International Monetary Fund's (IMF) new World Economic Outlook report, global economic growth will remain resilient. Yahoo Finance reporter Jennifer Schonberger joins anchor Madison Mills to break down Tuesday's report. Schonberger explains that the IMF sees the global economy expanding by 3.2% this year, on par with the growth seen in the previous year. She adds that the chances of a global recession this year are pegged at just 10%. Global inflation is also expected to continue to decline, driven by a drop in core inflation, elevated interest rates, weakening job markets, and relief from higher energy prices. Schonberger notes, however, that this forecast was made before Iran's air attack on Israel.  The IMF also sees inflation driving expectations for global central banks to begin cutting rates in the second half of the year, with the international institution predicting the Fed will cut rate three times in 2024 by the fourth quarter, Schonberger explains. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This article was written by Gabriel Roy.
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People
Tess Holliday Responds to 'Fatphobic' Messages, Says Her Mental Health Is 'Fragile': 'I’m Really Doing My Best'
“Some of us are just holding on so strong and we’re trying and that’s not helpful,” the model said of body-shaming comments
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The Canadian Press
Whitey Herzog, Hall of Fame manager who led St. Louis Cardinals to 3 pennants, dies at 92
NEW YORK (AP) — Whitey Herzog, the gruff and ingenious Hall of Fame manager who guided the St. Louis Cardinals to three pennants and a World Series title in the 1980s and perfected an intricate, nail-biting strategy known as "Whiteyball," has died. He was 92. Cardinals spokesman Brian Bartow said Tuesday the team had been informed of his death by Herzog's family. The team was not yet sure whether it happened Monday night or Tuesday. Herzog had been at Busch Stadium on April 4 for the Cardinals'
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