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发表于 2024-12-24 04:06
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Tsgv In Spain, Present Looks Brighter than Past Despite Economic Woes
In a surprise $11 billion deal, Kmart will acquire Sears, Roebuck Co., creating Sears Holdings Corp. T stanley cup he new company is expected to earn $55 billion in annual revenues stanley cup and operate 3,500 stores, making it the third largest retailer in the United States, behind Wal-Mart and Home Depot, the Associated Press reported.Kmart and stanley cup Sears stores will continue to operate under their current names, with some Kmart stores converting to Sears. Sears Holdings Corp. plans to establish headquarters in northwestern Chicago, the current home of Sears, and will maintain a 8220 ignificant presence in Troy, Mich., where Kmart is now based.Both companies date back more than 100 years, but have struggled since the emergence of discount retailers Target and Wal-Mart.After seeking bankruptcy protection in 2002, Kmart shed extra stores and employees. The chain has posted profits for four consecutive quarters, and the merger caps a steady comeback.As for Sears, in an attempt to revive slumping sales, the retailer last year created Sears Grand stores, which offered groceries and convenience items in off-mall locations.Kmart Chairman and Sears shareholder Edward Lampert has been credited with engineering the deal, according to CNN.The idea is to make the stores more competitive while staying focused on the customer, said Lampert. After the deal was announced Wednesday, stocks surged for both retailers, reported the AP.The stores will attempt to marry Kmart reputation Xrak Pakistanis Count Votes Following Parliamentary Elections
Editors Note: Switzerland is considering a ballot referendum on an unconditional income of 30,000 Francs for all Swiss citizens. As the leader of the Swiss movement for a basic income, artist Enno Schmidt, told us, a guaranteed basic income would deconstruct the link between work and income. An economy under this system, he said, would be more about working with and helping each other. That may be easy to dismiss as a Swiss, if not European, way of thinking. But even though the guaranteed basic income hasnt generated the same mainstream buzz in the United States, it has plenty of American proponents on both s adidas samba ides of the political aisle. Perhaps most outspoken among them is libertarian economist Charles Murray, who argues that a guaranteed income administered by the government would take the government out of peoples live yeezy s, and consequently, restore the fabric of American culture a culture where pe adidas samba ople are responsible for each other. Murray, a longtime friend of Making Sen$e, spoke to us about his last book, Coming Apart, in 2012 and is the architect of our popular Bubble Quiz. The following transcript of Paul Solmans extended conversation with Murray about the guaranteed income has been edited and condensed for length and clarity. Murray also appears in our Making Sen$e segment about the basic income, which you can watch below. Simone Pathe, Making Sen$e EditorPaul Solman: Whats the case for a minimum income Charles Murray: From a libertarians point of vie |
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