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US Tariff Impact: Prices Surge At Walmart And Target, Employees Say—Some Jumps Top 38%
US Tariff Impact: Prices Surge At Walmart And Target, Employees Say—Some Jumps Top 38%

Yahoo

time4 days ago

  • Business
  • Yahoo

US Tariff Impact: Prices Surge At Walmart And Target, Employees Say—Some Jumps Top 38%

The tariffs imposed by President Donald Trump are reportedly leading to significant price increases at Walmart Inc. (NYSE:WMT) and Target Corporation (NYSE:TGT) stores across the U.S. What Happened: The Walmart employees have been sharing images on Reddit that depict a sharp rise in prices, with some items seeing a surge of up to 45%. Similar price hikes have been noted at Target as well. For example, a Jurassic World T. Rex toy at Walmart saw its price increase from $39.92 in late April to $55 in late May, a nearly 38% increase. The price of a Baby Born doll shot up from $34.97 in March to $49.97 in May, an approximate rise of 43%. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share. Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. In addition, a left-handed fishing reel's price jumped from $57.37 in April to $83.26 in May, a 45% increase. AisleGopher, a third-party website that monitors Walmart prices, confirmed these price hikes. Last Thursday, Target also increased the price of the Baby Born doll to match Walmart's increased price. However, Target CEO Brian Cornell stated that price increases would be a 'very last resort'. As per the report by Insider, in reaction to the tariff-induced price hikes, Walmart CFO John David Rainey warned that prices would continue to rise on some items in the coming weeks and months. President Trump responded by suggesting that Walmart should 'eat the tariffs.' Why It Matters: The price hikes at Walmart and Target are a direct result of the tariffs imposed by the Trump administration. These tariffs, aimed at protecting domestic industries, are causing a ripple effect on the retail sector, leading to increased costs for consumers. The situation underscores the complex interplay between trade policies and consumer prices, with retailers caught in the middle. As the tariff war continues, consumers and retailers alike will be closely watching the impact on prices and overall market dynamics. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share! Image: Shutterstock/Iryna Tolmachova Send To MSN: Send to MSN Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article US Tariff Impact: Prices Surge At Walmart And Target, Employees Say—Some Jumps Top 38% originally appeared on

Your next jacket could be made from a DINOSAUR: Scientists are using fossilised collagen to create the world's first T.Rex leather
Your next jacket could be made from a DINOSAUR: Scientists are using fossilised collagen to create the world's first T.Rex leather

Daily Mail​

time25-04-2025

  • Science
  • Daily Mail​

Your next jacket could be made from a DINOSAUR: Scientists are using fossilised collagen to create the world's first T.Rex leather

Most fashionistas like to try and stay ahead of the curve. But a new style involves going quite far in the opposite direction – around 70 million years back in time. A company has announced plans to create the world's first leather, engineered from the prehistoric beast's DNA. And it could mean that, one day, we have the option of carrying a leather handbag, slipping on a leather jacket or even getting into a car with leather seats. A team of scientists will 'combine creative innovation, genomic engineering and advanced tissue engineering to start producing sustainable luxury materials from prehistoric species'. It builds on previous research which involved extracting a fragment of collagen from a fossil, found in 1988 in Montana. It was one of the most complete specimens at the time of its discovery, and even contained preserved blood proteins. Now, experts will use this fragment to artificially recreate what a full-length collagen sequence would have looked like. Once they have made sure it looks genetically similar to that of the ancestors, they will incorporate it into their own lab-grown leather cells and 'grow' it. This will produce a dense network of collagen – similar to the middle layer of skin – which will then become the leather. The collaboration is between The Organoid Company, Lab-Grown Leather Ltd and creative agency VML, and the leather will be developed at a lab in Newcastle. Thomas Mitchell, CEO of The Organoid Company, said: 'This project is a remarkable example of how we can harness cutting-edge genome and protein engineering to create entirely new materials. 'By reconstructing and optimizing ancient protein sequences, we can design leather, a biomaterial inspired by prehistoric biology, and clone it into a custom-engineered cell line.' Bas Korsten, Global Chief Creative Officer at VML, added: 'With leather we're harnessing the biology of the past to create the luxury materials of the future. 'This ground-breaking collaboration represents the intersection of creative innovation and cutting-edge biotechnology.' The team said the environmental and ethical implications of their design are significant. Traditional leather production is linked to extensive deforestation, while some leather tanning processes involve the use of harmful chemicals like chromium, which can lead to pollution. WHAT WAS T. REX? Tyrannosaurus rex was a species of bird-like, meat-eating dinosaur. It lived between 83–66 million years ago in what is now the western side of North America. They could reach up to 40 feet (12 metres) long and 12 feet (4 metres) tall. More than 50 fossilised specimens of T. Rex have been collected to date. The monstrous animal had one of the strongest bites in the animal kingdom. They said the new leather technology offers a way to dramatically reduce these environmental impacts while eliminating animal cruelty concerns linked to traditional leather production. Initial applications will focus on accessories, with the ambition to produce a luxury fashion item as its flagship commercial product by the end of 2025. Following their proof-of-concept design, they say increased production should open up opportunities to expand into sectors beyond fashion, such as the automobile industry. 'The material is fully biodegradable while maintaining the durability and repairability of traditional leather, offering a sustainable, cruelty-free, and traceable alternative for future generations of consumers, who demand both innovation and environmental responsibility,' the team said. Professor Che Connon of Lab-Grown Leather added: 'We're unlocking the potential to engineer leather from prehistoric species, starting with the formidable 'This venture showcases the power of cell-based technology to create materials that are both innovative and ethically sound.' In 2023 scientists managed to grow mammoth flesh in a lab to make a prehistoric meatball. The delicacy was made by an Australian cultivated meat company that ultimately wants to mix and match cells from unconventional species to create new kinds of meat. Scientists took the DNA sequence from a mammoth muscle protein and filled in the gaps with code from an elephant, the species' closest-living relative. This sequence was then placed in the myoblast stem cells from a sheep, which replicated to grow 20 billion cells that were in turn used to grow the mammoth meat. However, despite creating what they hope will be a 'really tasty' meat, the experts were too afraid to eat it in case the ancient protein proves deadly. Around 66 million years ago non-avian dinosaurs were wiped out and more than half the world's species were obliterated. This mass extinction paved the way for the rise of mammals and the appearance of humans. The Chicxulub asteroid is often cited as a potential cause of the Cretaceous-Paleogene extinction event. The asteroid slammed into a shallow sea in what is now the Gulf of Mexico. The collision released a huge dust and soot cloud that triggered global climate change, wiping out 75 per cent of all animal and plant species. Researchers claim that the soot necessary for such a global catastrophe could only have come from a direct impact on rocks in shallow water around Mexico, which are especially rich in hydrocarbons. Within 10 hours of the impact, a massive tsunami waved ripped through the Gulf coast, experts believe. This caused earthquakes and landslides in areas as far as Argentina. While investigating the event researchers found small particles of rock and other debris that was shot into the air when the asteroid crashed. Called spherules, these small particles covered the planet with a thick layer of soot. Experts explain that losing the light from the sun caused a complete collapse in the aquatic system. This is because the phytoplankton base of almost all aquatic food chains would have been eliminated. It's believed that the more than 180 million years of evolution that brought the world to the Cretaceous point was destroyed in less than the lifetime of a Tyrannosaurus rex, which is about 20 to 30 years.

Bohemian Rhapsody producer Roy Thomas Baker dies at 78
Bohemian Rhapsody producer Roy Thomas Baker dies at 78

Express Tribune

time23-04-2025

  • Entertainment
  • Express Tribune

Bohemian Rhapsody producer Roy Thomas Baker dies at 78

Roy Thomas Baker, the legendary music producer behind Queen's 'Bohemian Rhapsody,' died on April 12 at his home in Lake Havasu City, Arizona. He was 78. His death was confirmed by his spokesperson, Bob Merlis, who stated that the cause was not immediately clear. Baker rose to prominence in the 1970s and 1980s, producing for major rock acts including the Cars, Journey, Mötley Crüe, and Foreigner. His most iconic contribution came with Queen's 'Bohemian Rhapsody,' the nearly six-minute track that defied radio conventions and became one of rock's most celebrated songs. In a 2005 interview with The New York Times, Baker called the song 'ageless,' noting that its genre-blending nature made it timeless. 'We didn't know it was going to be quite that big,' he said, 'but I thought it was going to be a hit.' Before rising to fame in the studio, Baker got his start in the London music scene. He was born on November 10, 1946, in Hampstead, England, and began his career in 1963 as a second engineer at Decca Studios. There, he worked alongside noted producers Gus Dudgeon and Tony Visconti. Over the years, he contributed to recordings by David Bowie, the Rolling Stones, the Moody Blues, and T. Rex, and served as chief engineer on classics like 'All Right Now' by Free and 'Bang a Gong (Get It On)' by T. Rex. Baker first encountered Queen while working for Trident Studios, where the band was recording demo tapes. He went on to produce their first four albums. His work with the Cars also earned widespread acclaim, including hits such as 'Just What I Needed' and 'My Best Friend's Girl.' Baker's influence spanned decades, helping to shape the sound of classic rock across two continents. He is survived by his wife, Tere Livrano Baker, and his brother, Alan Baker.

Working group created to find way to save popular Drumheller, Alta., dinosaur
Working group created to find way to save popular Drumheller, Alta., dinosaur

CBC

time18-04-2025

  • General
  • CBC

Working group created to find way to save popular Drumheller, Alta., dinosaur

An important first step to save Tyra the Tyrannosaurus Image | Alta-Drumheller-Dinosaur 20250417 Caption: Tyra the Tyrannosaurus, the lovable landmark that towers over the Drumheller skyline in the heart of the Canadian Badlands, is pictured in Drumheller, Alta., Tuesday, April 1, 2025. (Jeff McIntosh/The Canadian Press) An important first step has been taken to save Tyra the Tyrannosaurus, the popular tourist attraction that towers over the skyline in Drumheller, Alta., and was facing extinction in 2029. The 25-metre-high figure, four times the size of a real T. Rex, attracts 150,000 visitors a year, serving as the backdrop to hundreds of thousands of tourist photos over the last quarter of a century. But earlier this month, the Drumheller and District Chamber of Commerce announced plans to dismantle Tyra at the end of 2029. The news resulted in a public backlash with 23,500 names on a petition calling for her to be spared. The Town of Drumheller also demanded meetings with the chamber and Travel Drumheller. The town announced Thursday that the three groups will explore options with the goal to continue welcoming visitors while planning thoughtfully for the future. "While this decision marks the end of an era, it also opens the door to new opportunities," said Heather Bitz, executive director of the Drumheller and District Chamber of Commerce. "We're excited to work closely with our community partners to explore what comes next while continuing to celebrate Tyra's impact over the next 4.5 years." The working group will identify strategic next steps in the months ahead, starting with a physical evaluation to help determine the longevity of the steel and fibreglass structure. "We're looking forward to working in lockstep with our partners to research and consider options for the WLD [world's largest dinosaur]," said Darryl Drohomerski, the town's chief administrative officer. "This is the start of a process grounded in collaboration and shared purpose." More details will be shared after the condition of Tyra is assessed. AJ Frey, the Drumheller businessman who launched the petition, praised the three groups for stepping up. "This is a huge win for everyone involved — massive kudos to the three organizations for grabbing the reins and championing Tyra's future," Frey said in a post on Facebook. Julia Fielding, the executive director of Travel Drumheller, had hoped a solution could be worked out because Tyra is deeply tied to the town's tourism identity. "We're committed to keeping her memory alive while ensuring that our community continues to thrive as a destination well beyond 2029." The town of 8,400 northeast of Calgary bills itself as the Dinosaur Capital of the World. Home to the famed Royal Tyrrell Museum, the community also has statues of dinosaurs that look like they crawled out of the Flintstones cartoon greeting people on the streets.

Working group created to find way to save popular Drumheller, Alta., dinosaur
Working group created to find way to save popular Drumheller, Alta., dinosaur

Yahoo

time18-04-2025

  • Yahoo

Working group created to find way to save popular Drumheller, Alta., dinosaur

CALGARY — An important first step has been taken to save Tyra the Tyrannosaurus, the popular tourist attraction that towers over the skyline in Drumheller, Alta., and was facing extinction in 2029. The 25-metre-high figure, four times the size of a real T. Rex, attracts 150,000 visitors a year, serving as the backdrop to hundreds of thousands of tourist photos over the last quarter of a century. But earlier this month, the Drumheller and District Chamber of Commerce announced plans to dismantle Tyra at the end of 2029. The news resulted in a public backlash with 23,500 names on a petition calling for her to be spared. The Town of Drumheller also demanded meetings with the chamber and Travel Drumheller. The town announced Thursday that the three groups will explore options with the goal to continue welcoming visitors while planning thoughtfully for the future. "While this decision marks the end of an era, it also opens the door to new opportunities,' said Heather Bitz, executive director of the Drumheller and District Chamber of Commerce. "We're excited to work closely with our community partners to explore what comes next while continuing to celebrate Tyra's impact over the next 4.5 years.' The working group will identify strategic next steps in the months ahead, starting with a physical evaluation to help determine the longevity of the steel and fibreglass structure. 'We're looking forward to working in lockstep with our partners to research and consider options for the WLD (world's largest dinosaur),' said Darryl Drohomerski, the town's chief administrative officer. "This is the start of a process grounded in collaboration and shared purpose." More details will be shared after the condition of Tyra is assessed. AJ Frey, the Drumheller businessman who launched the petition, praised the three groups for stepping up. "This is a HUGE win for everyone involved—massive kudos to the three organizations for grabbing the reins and championing Tyra's future," Frey said in a post on Facebook. Julia Fielding, the executive director of Travel Drumheller, had hoped a solution could be worked out because Tyra is deeply tied to the town's tourism identity. "We're committed to keeping her memory alive while ensuring that our community continues to thrive as a destination well beyond 2029." The town of 8,400 northeast of Calgary bills itself as the Dinosaur Capital of the World. Home to the famed Royal Tyrrell Museum, the community also has statues of dinosaurs that look like they crawled out of the Flintstones cartoon greeting people on the streets. This report by The Canadian Press was first published April 17, 2025. Bill Graveland, The Canadian Press

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