Activist wants Dollar Tree to sell stuff for more than $1 — WHNT.com

(CNN) — A dollar doesn’t buy as much as it did 30 years ago. That’s why one activist investor thinks it’s time for Dollar Tree to raise its prices. Jeffrey Smith, CEO of Starboard Value, a hedge fund, wrote to Dollar Tree CEO Gary Philbin Monday to disclose that his fund had taken a 1.7%Continue reading “Activist wants Dollar Tree to sell stuff for more than $1 — WHNT.com”

Family Dollar will close nearly 400 stores nationwide — FOX59

Family Dollar will close 390 stores this year and make big changes to the stores it is keeping open as the discount chain seeks a turnaround. Family Dollar sells a variety of items for under $10 at rural and urban locations. Dollar Tree bought the company in 2015, but Family Dollar has struggled. Dollar Tree… viaContinue reading “Family Dollar will close nearly 400 stores nationwide — FOX59”

William Watson: Canada has so few poor people now, a guaranteed income may be pointless — Financial Post

If you like spreadsheets, Statistics Canada’s big dump of income data last week has given you a fun few days. Personally, I’ve been noodling through Table 11-10-0135-01, “Low-income statistics by age, sex and economic family type.” Doesn’t sound gripping? You’re obviously not an economist. First problem: Which definition of low income to use? StatCan’s “low… viaContinue reading “William Watson: Canada has so few poor people now, a guaranteed income may be pointless — Financial Post”

Tech giants under fire for the app that tracks women in Saudi Arabia — The Penenberg Post

Over the last few days, Apple and Google Play were accused of enabling gender repression in Saudi Arabia, through an e-government app where men can track and control the movement of women. Business Insider defined Absher as a “government web service that allows men to specify when and how women can cross Saudi borders, and […]Continue reading “Tech giants under fire for the app that tracks women in Saudi Arabia — The Penenberg Post”

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