This week in business: cold fronts, cool stores, and a hot mess in Washington
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This week in business: cold fronts, cool stores, and a hot mess in Washington
"A newly arrived La Niña pattern is setting the stage for a potentially wild winter, with experts predicting snow-packed northern states, a drier South, and maybe even more late-season hurricanes. Meanwhile, markets caught their own cold snap after fresh U.S.-China trade tensions sparked a global sell-off. Still, not all the week's headlines were gloomy. Uniqlo is going on a U.S. growth spree with 11 new stores planned for next year."
"La Niña Is Back-and Winter Might Get Weird The National Weather Service says La Niña officially kicked in last month, bringing cooler Pacific waters that tend to shake up global weather patterns. Expect snowier-than-normal conditions across the northern U.S. and drier, warmer weather down South. It could also mean more hurricane activity into late fall, even though experts are calling this a "weak" La Niña."
"The Japanese clothing brand known for minimalist staples is going on a U.S. expansion tear. Uniqlo will open 11 new stores next year, including four in New York City and new flagships in Chicago and San Francisco. The move bucks the trend of retailers downsizing as shoppers cut back-proof that Fast Retailing, Uniqlo's parent company, sees plenty of life left in American retail."
La Niña has returned, producing cooler Pacific waters that are expected to alter global weather patterns. Northern states are likely to see snowier-than-normal conditions while the South faces drier, warmer weather. The pattern could increase hurricane activity into late fall despite being labeled weak. Renewed U.S.-China trade tensions and tariff threats triggered a global market sell-off. Uniqlo plans 11 new U.S. stores, including major city flagships. Several industries are under pressure from tariffs and falling demand, airlines face delays during a government shutdown, and public health and benefits concerns include a nationwide Listeria pasta recall and potential Social Security payment delays.
Read at Fast Company
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