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The mad scramble between Thanksgiving and Christmas just got six days shorter.Black Friday once again kicks off the start of the holiday shopping season. But with six fewer days than last year, it will be the shortest season since 2013 because Thanksgiving fell on the fourth Thursday in November — the latest possible date it could be. That means customers will have less time to shop and retailers will have less time to woo them.Adobe Analytics predicts a loss of billion in online revenue from a shortened season. Still, it expects online sales will reach 3.7 billion, up 14.1% from last year’s holiday seasonThe National Retail Federation, the nation’s largest retail trade group, baked the shorter season into its forecast, but it says the real drivers will be the job market. It forecasts that holiday sales will rise between 3.8% and 4.2%, an increase from the disappointing 2.1% growth seen in the November and December 2018 period that came well short of the group’s prediction.Last year’s holiday sales were hurt by turmoil over the White House trade policy with China and a delay in data collection by nearly a month because of a government shutdown. This year’s holiday forecast is above the average holiday sales growth of 3.7% over the previous five years.NRF expects online and other non-store sales, which are included in the total, to increase between 11% and 14%, for the holiday period.Black Friday is expected to once again be the largest shopping day of the season, followed by the last Saturday before Christmas, according to MasterCard SpendingPulse, which tracks spending across all types of payments including cash and check. Thanksgiving Day isn’t even on the top 10 holiday shopping days, according to MasterCard.The 2019 holiday season will be a good measure of the U.S. economy’s health. Many retail CEOs describe their customers has financially healthy, citing moderate wage growth and an unemployment rate hovering near a 50-year low.“The overall picture is positive,” said Craig Johnson, president of Customer Growth Partners, a retail consultancy. “People are spending out of positive cash flow as opposed to borrowing.”Economic growth has moderated since earlier this year, with growth at just 1.9% in the July-September quarter, down from 3.1% in the first three months of the year. Analysts blame at least part of that on the U.S.-China trade war, which has forced many companies to delay plans to invest and expand.That’s left consumers as the main drivers. So far, Americans have kept up their spending, allaying fears of a recession.With more holiday deals happening earlier to compensate for the late start, many have already started to shop. More than half of consumers have already started their holiday shopping and nearly a quarter of purchases have already been made, according to the annual survey released by the NRF and Prosper Insights & Analytics. The survey of 7,917 adult consumers was conducted Oct. 31 through Nov. 6.“This is further evidence that the holiday season has grown far beyond the period between Thanksgiving and Christmas,” said Matthew Shay, president and CEO of NRF, in a statement. 3173
The hearts of Gilroy PD and entire community go out to the victims of today's shooting at the Garlic Festival. The scene is still active. If you are looking for a loved one, please go to the reunification center at Gavilan College at parking lot B. #GilroyActiveshooter— Gilroy Police (@GilroyPD) July 29, 2019 323
The body of University of Utah student Mackenzie Lueck has been found in a canyon north of Salt Lake City, police said Friday.Salt Lake City Police Chief Mike Brown said in a news conference that he was "relieved and grief-stricken" to report that Lueck's body was recovered Wednesday in Logan Canyon, about 90 miles north of Salt Lake City. Investigators were subsequently able to forensically confirm it was Lueck, Brown said.The 23-year-old was last seen in the early morning hours of June 17 when she was dropped off at a park in North Salt Lake City. There, police have said, she met another individual and vanished.Last Friday police arrested 31-year-old 673
The Eagles will perform their iconic “Hotel California” album in its entirety while on tour in 2020. Each night, Don Henley, Joe Walsh, Timothy B. Schmit, Deacon Frey and Vince Gill will play the songs from the album from beginning to end with an accompanying orchestra and choir. Afterwards, the American rock band will perform an additional set of their greatest hits. The tour will go to the following cities on the following dates: · Atlanta, GA – State Farm Arena – Friday, Feb. 7· Atlanta, GA – State Farm Arena – Saturday, Feb. 8· New York, NY – Madison Square Garden – Friday, Feb. 14· New York, NY – Madison Square Garden – Saturday, Feb. 15· Dallas, TX – American Airlines Center – Saturday, Feb. 29· Dallas, TX – American Airlines Center – Sunday, March 1· Houston, TX – Toyota Center – Friday, March 6 · Houston, TX – Toyota Center – Saturday, March 7· San Francisco, CA – Chase Center – Saturday, April 11· San Francisco, CA – Chase Center – Sunday, April 12· Inglewood, CA – “Fabulous” Forum – Friday, April 17· Inglewood, CA – “Fabulous” Forum – Saturday, April 18The shows are scheduled to begin at 8 p.m., with a brief intermission.Tickets go on sale beginning Friday, Oct. 18 at 10 a.m. via Ticketmaster. All times are local. American Express card members can buy tickets before the general public beginning Monday, Oct. 14 at 10 a.m. through Thursday, Oct. 17 at 10 p.m. The Eagles recently performed three sold-out performances of “Hotel California,” the third best-selling U.S. album in history, in Las Vegas. Billboard magazine lauded the opening night concert. “With no exception, the songs have aged well, but how could they fail with the Eagles’ five-part harmony and five guitar-approach…” wrote the magazine. “(Henley’s) voice sounded as strong and pliant as it ever has, easily hitting the highest of notes, while retaining his trademark huskiness." 1890
The Federal Trade Commission announced a billion settlement with Facebook on Wednesday, resolving a sweeping investigation by regulators into how the company lost control over massive troves of personal data and mishandled its communications with users. It is the largest fine in FTC history — and yet still only about a month's worth of revenue for Facebook.The deal comes amid growing calls in Washington for greater transparency and accountability for technology companies, whose power over social movements as well as personal information has increasingly come to be seen as dangerous by politicians, users, and even one of Facebook's co-founders.Facebook agreed to the deal following years of damaging admissions about the company's privacy practices, such as the inadvertent exposure of up to 87 million users' information to the political analysis firm Cambridge Analytica.The settlement resolves a formal complaint by the FTC alleging that Facebook "used deceptive disclosures and settings" that eroded user privacy, violating a prior agreement Facebook signed with the commission in 2012. Facebook also broke the law, the FTC alleged, by misusing phone numbers obtained for account security purposes to also target advertisements to its users. And the company allegedly deceived "tens of millions of users" by implying that a facial recognition feature on the service had not been enabled by default, when in fact it had."The magnitude of the billion penalty and sweeping conduct relief are unprecedented in the history of the FTC," said Chairman Joseph Simons in a statement. "The relief is designed not only to punish future violations but, more importantly, to change Facebook's entire privacy culture to decrease the likelihood of continued violations."Facebook did not immediately respond to a request for comment.The FTC settlement — which also covers Facebook subsidiaries Instagram and WhatsApp — could set the tone for a wave of further action by policymakers worldwide as they seek to rein in the most powerful players in Silicon Valley.The billion fine is nearly 30 times the FTC's largest-ever civil penalty to date — 8 million, which was levied on Dish Network in 2017 — reflecting the tremendous scale of Facebook's operations, as well as the enormity of its self-admitted mistakes.In addition to the record civil penalty, Facebook also agreed to accept greater oversight of its privacy practices. Under the FTC deal, Facebook's board will form a privacy oversight committee made up of independent members who cannot be fired by CEO Mark Zuckerberg alone. That committee will be charged with appointing still other officials who must periodically and truthfully certify that Facebook is complying with the FTC agreement, or risk being held personally liable. Zuckerberg will also be required to make those same certifications, the FTC said."False certifications would subject Mr. Zuckerberg and the [designated compliance officers] to personal liability, including civil and criminal penalties," Simons said in a statement written jointly with the Commission's two other Republican members, Christine Wilson and Noah Phillips.The FTC also required that regular third-party assessments of Facebook's privacy practices not rely on company materials but instead on the auditor's own fact-finding.The FTC voted 3-2 to approve the settlement, with the agency's two Democrats dissenting because they believed the measure did not go far enough. In dissents, Commissioners Rohit Chopra and Rebecca Slaughter said they believed the fines were far too small, and that the FTC wrongfully gave Zuckerberg and Facebook COO Sheryl Sandberg a pass."Failing to hold them accountable only encourages other officers to be similarly neglectful in discharging their legal obligations," wrote Chopra. "In my view, it is appropriate to charge officers and directors personally when there is reason to believe that they have meaningfully participated in unlawful conduct, or negligently turned a blind eye toward their subordinates doing the same."Other prominent tech critics, including Democratic Sen. Richard Blumenthal of Connecticut and Missouri Republican Sen. Josh Hawley, have said a billion fine would be "a bargain" for Facebook. In an earnings report earlier this year, Facebook said it was setting aside billion to help cover expenses related to the expected penalty. It reported quarterly revenues of billion at the time and its stock rose after it announced the charge, signaling investors were relieved by the probable outcome.For more than a year, Facebook — once the darling of policymakers and a celebrated example of American ingenuity — has lurched from crisis to crisis.This past October, for example, Facebook disclosed that hackers had compromised tens of millions of accounts by exploiting a series of software flaws, culminating in their ability to impersonate users and take over their profiles.The following month, Facebook 4985