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Here are today's headlines in the political world, Sunday, March 11, 2018.President Trumps slams NY Times article-- President Donald Trump tweeted attacks Sunday aimed at the New York Times over reports the president is unhappy with his legal team.Trump denied the reports, calling the NY Times article "a false story.""The Failing New York Times purposely wrote a false story stating that I am unhappy with my legal team on the Russia case and am going to add another lawyer to help out. Wrong. I am very happy with my lawyers, John Dowd, Ty Cobb and Jay Sekulow," President Trump tweeted. "They are doing a great job and have shown conclusively that there was no collusion with Russia."Trump added "the only Collusion was that done by the DNC, the Democrats and Crooked Hillary. The writer of the story, Maggie Haberman, a Hillary flunky, knows nothing about me and is not given access."Haberman's article claims the president is looking to shake up his legal team and is in talks with Emmet T. Flood, a lawyer who represented Bill Clinton during his impeachment process.Trump stumps for House GOP candidate, touts 202 reelection campaign 1163
GENEVA (AP) — The U.N. humanitarian office says needs for assistance have ballooned to unprecedented levels this year because of COVID-19, projecting that a staggering 235 million people will require help in 2021.This comes as a result of the coronavirus pandemic and global challenges, including conflicts, forced migration, and the impact of global warming.“The humanitarian system again proved its worth in 2020, delivering food, medicines, shelter, education, and other essentials to tens of millions of people,” said UN Secretary-General António Guterres in a press release. “But the crisis is far from over. Humanitarian aid budgets face dire shortfalls as the impact of the global pandemic continues to worsen. Together, we must mobilize resources and stand in solidarity with people in their darkest hour of need.”The U.N. Office for the Coordination of Humanitarian Affairs, or OCHA, expects a 40% increase in the number of people in need of such assistance in 2021 compared to this year.OCHA made the projections in its latest annual Global Humanitarian Overview on Tuesday, saying its hopes to reach 160 million of those people in need will cost billion. Still, OCHA says they’ve only raised billion thus far.UN humanitarian chief Mark Lowcock told a U.N. briefing that the U.N. appeal could raise billion by the end of the year, which according to the Associated Press, is billion more than last year.“We can let 2021 be the year of the grand reversal – the unraveling of 40 years of progress – or we can work together to make sure we all find a way out of this pandemic,” Lowcock said. 1621
GameStop announced this week that an additional 400 to 450 locations would close across the country by the end of 2020.While more video games are available for digital downloads, the next generation PS5 and Xbox will contain disc drives. The company was concerned that the next generation models would be digital only.Already in the last year, GameStop has closed 388 locations, shrinking its current retail footprint to 5,192 locations.“This will allow us to more efficiently and profitably service our customers,” company CEO George Sherman said about the closures.While many retailers have been shrinking their footprints as customers change their buying habits, GameStop is also encountering a change in technology in recent years, which has allowed customers to purchase games online.But GameStop says that there are some customers who prefer a physical disc, and that large video game downloads can use up internet data.“We believe the actions we are taking to optimize the core operations of our business by increasing efficiencies and creating a frictionless digital ecosystem to serve our customers, wherever and whenever they choose to shop, are enabling us to navigate the COVID-19 environment while positioning us well for the launch of the next generation of consoles,” Sherman said.GameStop saw a 26.7% drop in Quarter 2 sales in 2020 compared to 2019. 1374
Getting a big paycheck is nice, but not so much come tax season.Typically, about 18 percent of Americans are underwithholding and owe money to the IRS instead of getting a refund, according to Market Watch. But this year, the Government Accountability Office says 3 million more people are expected to join that 18 percent.Tax attorney Michelle McCarthy, with Gantenbein Law Firm, says a majority of people expected to owe money to the IRS will be large families. That’s because of the changes made in the new reform. 551
Hershey's chocolate is about to get more expensive.The candy company is planning to raise the prices of a fifth of its products by about 2.5%, Hershey reiterated on Thursday. The changes will go into effect next year.One of many companies getting squeezed by rising commodity and shipping costs, Hershey hopes higher prices will offset those costs without scaring away customers.Hershey (HSY) first said that it would raise prices over the summer, citing rising operational costs. "Our new pricing approach is much more precise," said CEO Michele Buck at the time.Chief Financial Officer Patricia Little said on Thursday that Hershey started feeling the impact of higher freight and logistics last year."I don't expect that to change going forward into next year," she said.The company is doing more than just increase prices to drive growth.Hershey is investing in digital to keep impulse shopping alive online. It's also introduced new products like Hershey's Gold, a "caramelized creme" bar with pretzels and peanuts baked inside, and Reese's Outrageous, a peanut butter chocolate bar with Reese's candy inside.Next year, the company will introduce Reese's Thins, a 40% thinner Reese's peanut butter cup.Plus, the company has been scooping up healthier brands, including Pirate Brands, which makes Pirate's Booty, Smart Puffs and Original Tings.Last year, Hershey's bought Amplify Snack Brands, which makes SkinnyPop popcorn and Oatmega whey-protein bars, for .6 billion. Pirate Brands will operate within Amplify's hub in Austin, Texas.The acquisitions boosted sales in the third quarter. Sales increased by 2.9% in the three months that ended in September compared to the same period last year.The-CNN-Wire 1721