April 13, 2022 - Bed Bath & Beyond posts disappointing results after low inventory hurt business in the holiday quarter

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From the Editor's Desk The State of Globalization in 2022 As companies contemplate adjustments to their global strategies, it is important to recognize how much continuity there still is even in a period of wrenching change. The idea of a world where economic efficiency alone drives patterns of international flows was always a myth. Globalization has always been an uneven process, with cross-country differences and international conflicts significantly dampening international flows. That’s a big part of why — even before the present crisis in Ukraine — only about 20% of global economic output ended up in a different country from where it was produced. As the landscape shifts, global strategies must be updated, but managers should avoid the costly overreactions that tend to follow major shocks to globalization. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Work Bed Bath & Beyond posts disappointing results after low inventory hurt business in the holiday quarter Bed Bath & Beyond is in the middle of a turnaround effort and has been under pressure from an activist investor. Work Severe Storms Are Again Expected Across the Midwest and the South Meteorologists said thunderstorms could produce damaging winds, large hail and tornadoes in the Midwest and the Mississippi Valley, a day after tornadoes injured nearly two dozen people in Texas. Work Soaring petrol costs drive inflation to 30-year high Prices went up by 7% in the 12 months to March, as food and fuel costs continued to climb. Work Delta Air Lines reports a quarterly loss as fuel prices take a toll. The carrier said its March operations were profitable, and its three-month revenue exceeded its earlier forecast. Work Bankers lower their mortgage demand outlook for the year as rising rates hurt affordability Rising rates are causing a drop in home loan demand, so mortgage bankers are lowering their forecast for the year. Work Treasury yields little changed ahead of further inflation data U.S. Treasury yields little changed on Wednesday, ahead of another set of inflation data due out later in the morning. Work 3 reasons Shanghai's lockdown matters to the global economy China is struggling to contain an outbreak of Covid-19 in Shanghai despite a 17-day lockdown that is keeping most of its 25 million residents trapped at home. Work Never-before-seen Venice landmark opens to the public St. Mark's Square in Venice is one of the most iconic public spaces in Europe. Now, the 16th-century Procuratie Vecchie, running along one side of the square, has opened to the public for the first time in history. Work Tucker Carlson's Race-Baiting Hot Take On Subway Shooting Is Something Else The Fox News personality weighed in on the Brooklyn mass shooting with a ridiculous and flat-out wrong claim. Work Bank of America says buy Warner Bros. Discovery as stock can surge 82% from here Shares of Warner Bros. Discovery may experience volatility in the near-term, but its stock could soar as much as 82% as the new media company gains its footing. Work Justin Bieber, Gwyneth Paltrow, Diplo and Drake have something in common: they all just invested in crypto-payments startup MoonPay MoonPay describes itself as a sort of PayPal for the crypto economy, enabling transactions between individuals and crypto firms, such as purveyors on nonfungible tokens, or NFTs. Work Ali Harbi Ali given whole-life sentence for murder of MP David Amess Ali jailed after being convicted of murder and of planning terrorist attacks on other MPs Work Briton accused of spying for Russia at Berlin embassy to be tried at Old Bailey David Smith, former security guard at British embassy, faces nine charges under Official Secrets Act Work Coffee maker Lavazza sees 'challenging' 2022, halts Russian activities Coffee maker Lavazza sees 'challenging' 2022, halts Russian activities Work Drop of a 1:1 NFT Together with the Last Aventador Coup Drop of a 1:1 NFT Together with the Last Aventador Coup Ever Produced Work Oil prices extend gains with falling supplies in focus Oil prices extend gains with falling supplies in focus Work More than 1,000 Ukraine marines surrender in key port of Mariupol, says Russia More than 1,000 Ukraine marines surrender in key port of Mariupol, says Russia Work Mexico's new airport still lacking basics despite big opening splash Mexico's new airport still lacking basics despite big opening splash Work Nexo and Mastercard launch 'world first' crypto-backed payment card Nexo and Mastercard launch 'world first' crypto-backed payment card Work Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure Work Former Swiss 'banker of the year' jailed in high-profile fraud trial Former Swiss 'banker of the year' jailed in high-profile fraud trial Work Soaring mortgage rates just hit another housing market niche Vacation home sales stayed healthy for most of the pandemic, but even those who own multiple homes have now started pulling back from the housing market. Work JPMorgan profit falls in Q1 on lower trading revenue, investment banking fees JPMorgan Chase & Co. (JPM), the largest U.S. bank by assets, is the first among a lineup of mega banks to unveil first quarter results this week as earnings season kicks off. Here were the key figures versus expectations, according to analysts polled by Bloomberg. Work JPMorgan profit misses estimates as Ukraine crisis stalls dealmaking JPMorgan profit misses estimates as Ukraine crisis stalls dealmaking Work BlackRock profit beats estimates as funds attract inflows BlackRock profit beats estimates as funds attract inflows Work Apple: iPhone SE is Shaping to Be Another 'Mini' Disaster, Overall Demand for iPhone 13 Strong Apple: iPhone SE is Shaping to Be Another 'Mini' Disaster, Overall Demand for iPhone 13 Strong - KeyBanc Work U.S. mortgage interest rates top 5%, buyers look to lock in rates U.S. mortgage interest rates top 5%, buyers look to lock in rates Work GSK to buy Sierra Oncology amid pressure to boost drug pipeline GSK to buy Sierra Oncology amid pressure to boost drug pipeline Work NFTs Have Performed Better Than Cryptos This Year: Nansen NFTs Have Performed Better Than Cryptos This Year: Nansen Work The Apes Movement Community Announces The Official Debut Of The AMC Token The Apes Movement Community Announces The Official Debut Of The AMC Token Work Barry Callebaut says staying in Russia 'feels right' for now Barry Callebaut says staying in Russia 'feels right' for now Work Correlation between Bitcoin and Big Tech Stocks hits new high Correlation between Bitcoin and Big Tech Stocks hits new high Work Images of Zelenskyy show the physical toll that trauma and stress can have on the body Health experts told NPR that long-term exposure to trauma and stress like that of the war in Ukraine can impact a person's sleep, memory, mood and physical appearance. Work China's widening COVID curbs threaten global supply chain paralysis China's widening COVID curbs threaten global supply chain paralysis Work Understanding "New Power" The crowd is challenging traditional leadership. Heres how to harness its energy. Work 4 Products You can Create Right Now and Sell on Amazon If youre interested in starting an e-commerce business, Amazons a great place to start. I will show you four simple products you can create and sell on Amazon to start your e-commerce business today. So many people are looking for ways to make money online, there are plenty of options, and not all of them [] Work Delta forecasts a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs Delta said it expects a pretax profit in the second quarter and that it will restore capacity to 84% of 2019 levels. Work Putin's bullying backfires as Finland and Sweden edge closer to joining NATO By invading Ukraine, Vladimir Putin wanted to bring his neighbor to heel and make the West think twice about expanding alliances towards Russia's borders. But Russia's assault is having the opposite effect on some countries. Work Morgan Stanley names Schwab a top pick, says rising rates will boost stock Shares of Charles Schwab have underperformed the market this year, but are due to rebound as much as 65% as rates rise, Morgan Stanley says. Work Commentary: Corporations are (finally) starting to invest in resilient food supply chains The 500 million smallholder farmers who produce up to 70% of the worlds food have been battered by climate change and global crises. Work Scott Morrison effectively ditches his promise to establish a federal anti-corruption commission Prime minister says if Coalition wins election he would only introduce legislation if Labor agreed in advance to back heavily criticised model Work UK chickens can be 'free-range' despite never going outside, due to loophole Loophole allows chicken-meat farmers to retain free-range status after birds ordered indoors to stem avian flu Work Boeing Says Conflict in Ukraine is Hurting Orders, Analyst Reaction Mixed Boeing Says Conflict in Ukraine is Hurting Orders, Analyst Reaction Mixed Work Delta Air Lines Earnings, Revenue Beat in Q1 Delta Air Lines Earnings, Revenue Beat in Q1 Work Global shares pause on inflation view as oil rises on Ukraine Global shares pause on inflation view as oil rises on Ukraine Work Analysis-Canada's accelerated timetable for EVs brings spotlight on key bill Analysis-Canada's accelerated timetable for EVs brings spotlight on key bill Work BlackRock Earnings Beat, Revenue Misses In Q1 BlackRock Earnings Beat, Revenue Misses In Q1 Work Bank of Canada set to play 'catch-up' with rare 50-bps rate hike Bank of Canada set to play 'catch-up' with rare 50-bps rate hike Work Stellantis rejigs China financing ops in latest reboot plans Stellantis rejigs China financing ops in latest reboot plans Work Meta plans to take a nearly 50% cut on NFT sales in its metaverse Elsewhere, NFT marketplace OpenSea takes a 2.5% cut of each transaction, while rival LooksRare charges just 2%. Work JPMorgan Chase is set to report first-quarter earnings here's what the Street expects JPMorgan said Wednesday that first-quarter profit fell because of increased costs tied to bad loans and market upheaval caused by the Ukraine war. Work NBA star James Harden on why he invested in The Beard Club Off the court, many fans are familiar with the Philadelphia 76ers star's iconic beard. Work McKinsey Opened a Door in Its Firewall Between Pharma Clients and Regulators The firm let consultants advise both drugmakers and their government overseers, internal records show. Who we know and what we know was part of their pitch. Work How Evergreen Email Funnels Can Transform Your Business There comes a time when every business owner makes a discovery that feels like a eureka moment. For me, evergreen funnels were one of those discoveries. Before coming across the idea of evergreen funnels, I struggled to sell my services consistently. It felt as though I was always selling, selling, selling with no way to [] Work Ukraine War Pushes Germans to Change. They Are Wavering. In just six weeks since Chancellor Olaf Scholz announced a strategic shift for his country, already doubts are emerging about how real and deep it is. Work 7 Reasons Why Time Away From Your Business is Actually Beneficial for its Growth When you have your own business, it may feel like the worst thing to walk away from it. The thing is, when you started your business, you probably foresaw success which would lead to tropical vacations. I mean, dont we all dream of leisure time as a reward for our hard work which lead to [] Work How to Create Content Pillars to Boost SEO for Your Site Content pillars are often forgotten in the world of search engine optimization; however, they offer an effective way to increase traffic and ensure your site is viewed as authoritative. Work Yours for $200m: how Warhol overtook Picasso to become the most prized artist of the 20th century One of his portraits of Marilyn Monroe is expected to shatter records at auction next month. But was Andy Warhol just an affectless hero of the media age? Or was he the greatest and most profound artist of his era? Work Italy's superbonus 110% scheme prompts surge of green home renovations More than 122,000 applications approved, and 21bn so far spent, under scheme offering tax credit of up to 110% on costs Work Six practical actions for building the cloud talent you need Despite a shortage of cloud talent, top companies are finding ways to get past table stakes and build the capabilities needed. Work A 69-year-old founder of a billion-dollar company says adding this one word to his negative thoughts 'changed my life' Any new goal that you set out to reach comes with unknowns. David Novak, former CEO and co-founder of the billion-dollar company Yum Brands, shares a simple trick he uses to overcome self-doubt and boost confidence. Work Abolish or rebrand? South Korea's 'feminist' ministry in crosshairs South Korea's anti-feminist president-elect has vowed to abolish the Ministry of Gender Equality, but actually getting rid of it will be tricky. Work How likely is it that Russia will launch a nuclear attack? Vladimir Putin has placed the Kremlins strategic nuclear weapons forces on high alert, prompting fears over what could happen next Work What Really Happens When You Get Shot Most of what we learn about gunshot wounds, we learn from watching television. Most of that is wrong. Work A German State Is Last in Almost Everything. But It's No. 1 in Vaccines. Bremen Germanys smallest state managed its vaccination campaign better than any other place in Germany. It succeeded by activating community networks. Work Why are some people left-handed? Today, about one-tenth of the world's population are southpaws. Why are such a small proportion of people left-handed -- and why does the trait exist in the first place? Daniel M. Abrams investigates how the uneven ratio of lefties and righties gives insight into a balance between competitive and cooperative pressures on human evolution. [Directed by TED-Ed, narrated by Addison Anderson, music by Michael Dow]. Work Why has Russia invaded Ukraine? The conflict explained Russia-Ukraine war explained Work Daniel Radcliffe says playing villains is a 'rite of passage' for English actors Theres a rich tradition of English actors being the bad guys in American movies, actor said Work Enormous digital identities growth is leading to cybersecurity debt The rise of human and machine identities often running into the hundreds of thousands per organization has driven a buildup of identity-related cybersecurity debts, exposing organizations to greater cybersecurity risk, stated a CyberArk report. Machine identities now outweigh human identities by a factor of 45 times on an average. Work Why US blank-cheque companies are skipping China deal targets One-fifth of the blank-cheque companies that listed in the US in the first quarter do not want to acquire companies in China, GlobalData study shows. Work Thousands displaced after typhoon Megi hits Philippines Philippine authorities on Wednesday struggled to distribute aid to tens of thousands of displaced people sheltering in evacuation centres after typhoon Megi triggered landslides in coastal provinces that left 56 dead and dozens missing. Work Salsify secures $200M as the boom in e-commerce catapults its valuation to $2B E-commerce is booming, but its become increasingly apparent over the years that the businesses that are able to capitalize on that trend and contribute to that growth are those able to grasp the right technology to navigate the space. Today, Salsify, one of the startups build Work Peloton activist Blackwells Capital takes aim at new CEO, again pushes for sale Blackwells says Peloton has made little to no progress under new Chief Executive Barry McCarthy. Work Mother of murdered goth Sophie Lancaster dies suddenly Sylvia Lancaster set up charity after daughter was killed in savage attack in Lancashire in 2007 Work Delta reports Q1 loss, raises guidance amid 'all time high' demand Delta Air Lines CEO Ed Bastian discusses the company's first quarter performance, customer demand amid higher fuel prices and outlook Work Antares Pharma Stock Soars After $960 Million Halozyme Buyout Halozyme will pay $5.60 a share in cash for Antares. Work Los Angeles Lakers: Questionable trades, injuries and a falling star ... what went wrong with NBA team | CNN Los Angeles' nickname is the "City of Angels," but this past season for the Los Angeles Lakers has been one conjured straight from the center of Dante's 'Inferno.' Work Tesco profits double but supermarket warns of impact of soaring inflation Firm says significant uncertainties weigh on business despite pre-tax profits jumping from 1.1bn to 2.2bn Work What we know and don't know about quarterback Dwayne Haskins' death Pittsburgh Steelers quarterback Dwayne Haskins died when he was struck by a dump truck Saturday morning as he tried to cross a highway on foot in South Florida, authorities said. Work Inflation's 40-Year High We look at why prices might ease and why they might not. Work Crypto firm hits back at Cathie Wood: 'I think the market is pretty clear her position is down 50%' Ark Invest CEO Cathie Wood took a swipe at Blockchain.com as she spoke about valuations in private and public markets and the plunge in her Coinbase shares. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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