Latest news with #MarcGrossman
Axios
26-05-2025
- Business
- Axios
What stores, restaurants are open Memorial Day. See the list.
The unofficial start to summer has arrived, and it's marked with patriotic parades, cookouts, record travel and sales. The big picture: 50% of consumers plan to celebrate the Memorial Day holiday weekend, according to a Numerator survey of 5,900 adults. Many Americans have Monday off as 95% of U.S. businesses observe the federal holiday, according to OnTheClock, an employee time tracking company. Memorial Day sales and tariffs What we're watching: Memorial Day weekend sales are a chance to shop before prices rise because of tariffs, said Marc Grossman, head of Wells Fargo's banks factoring group. Grossman recommends consumers even start shopping for the winter holidays. "Not only could inventory be an issue as we get closer to holiday, but with the possible tariff increases, prices could also be impacted," Grossman said. Zoom in: Retailers have been publicly addressing the impact of tariffs differently. The CEOs of three of the nation's biggest retailers privately warned President Trump last month his trade policy could trigger massive product shortages and price spikes. Walmart, the world's largest retailer, said on May 15 it couldn't hold the line anymore and would have to raise some prices. Target said last week it would "offset the vast majority" of tariff impacts to consumers and raise prices as the "very last resort." Home Depot said it doesn't plan to increase prices "broadly," but some items might disappear from store shelves. Banks, stock market closed Memorial Day, no mail 📪 The New York Stock Exchange and Nasdaq are closed on the holiday and will next be closed on Juneteenth, which is on June 19 this year. Stores open on Memorial Day 🛍️ The majority of national chains are keeping their doors open but hours can vary by location. Click on the store name for links to business websites. Stores closed Memorial Day 🚫 Grocery stores open Memorial Day 2025 🛒 Store hours can vary but here are the nation's largest grocery store chains are open Monday. Restaurants open on Memorial Day near me 🍽️ Dig in: Most national chains are open — though some may operate on holiday hours. Fast food open on Memorial Day 2025 🍔 Starbucks, Dunkin' open Memorial Day 2025 ☕ Many Starbucks and Dunkin' locations are open but be on the safe side and check your closest location before heading out. Memorial Day restaurants open Between the lines: Being open on a holiday is often a franchise decision. You can also find restaurants accepting reservations through OpenTable.
Yahoo
19-03-2025
- Politics
- Yahoo
Judge rules that nine major companies lied to the public about their deadly impacts: 'Fraudulent marketing scheme'
Reuters reported that nine oil companies, including Exxon, Chevron, and Shell, may face a lawsuit in Puerto Rico based on an accusation that they suppressed clean energy initiatives and misled the public about the dangers of the changing climate. The preliminary ruling came down from U.S. Magistrate Judge Héctor Ramos-Vega in San Juan in February 2025. The next step is the federal court. Back in 2022, the 16 municipalities in Puerto Rico filed a federal lawsuit against a dozen dirty fuel companies, accusing them of a "fraudulent marketing scheme" to convince people that their products had no effect on climate-related weather events — like the deadly Hurricanes Maria and Irma that ravaged the island, reported Reuters. Do you think we should deal with air pollution by burying things underground? Sounds great No way Only for certain waste I'm not sure Click your choice to see results and speak your mind. However, Puerto Rico isn't the only one taking action against the organized deception from these companies that contrasts scientific data of rising heat and the increasing presence of larger and more devastating weather events linked to a warming planet. In a similar move, Honolulu, Hawai'i, filed a lawsuit against these companies. While the companies tried to stop the lawsuit, the U.S. Supreme Court declined their bid to do so. The lawyer for the Puerto Rican plaintiffs, Marc Grossman, said, according to Reuters, "Major victory for climate accountability. Such accountability is vital for everyone to understand how abusing the planet's resources is having devastating consequences." Reuters also reported these municipalities said, "Hurricanes Irma and Maria contributed to an estimated 4,600 deaths and the failure of critical infrastructure in Puerto Rico." 2024 was noted for devastating and record-breaking weather events in the continental United States as well. The country had its warmest year in 130 years (an average temperature of 55.5 degrees Fahrenheit — 3.5 degrees Fahrenheit above average) and an above-average hurricane season of 18 named tropical cyclones and landfalling hurricanes, including Hurricane Helene — the second highest annual disaster in the 45-year record, per National Centers for Environmental Information. By taking clean energy technology more seriously and setting legal precedents that protect them, everyone can contribute to cooling down the planet. A conversion to electric vehicles, installing heat pumps that cool and heat homes by transferring existing heat, solar panels, and induction stoves in the home can all help. Thanks to the Inflation Reduction Act, people can get tax credits and rebates by making such upgrades. You can also check your state for non-cost energy assessments and online tools from non-profits like Rewiring America. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
