Author name: Ronda Baker

Silvia Elder is a news writer for News Daily Brief. She writes about politics, health, business, and finance. Silvia is an avid reader and loves to spend time with her family. She also enjoys running and playing tennis in her free time.

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Africa’s Top Clothes Retailer Reports Decline in Earnings and Leadership Change

Fashion & Beauty / By

Pepkor Holdings Ltd. replaced the head of its Ackermans unit after Africa’s largest clothing retailer posted a drop in first-half earnings as it failed to get the right summer fashion mix. The discount retailer, which started 100 years ago in rural South Africa and now has 5,929 stores in almost a dozen countries, has brought …

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Debt limit deal is in place, but budget deficit is still a multi-decade challenge for US government

Gov & Politics / By

WASHINGTON (AP) — Even with the new spending restraints in the debt limit deal, the U.S. government’s deficits are still on course to keep climbing to record levels over the next few decades. The projections are a sign that the two-year truce between President Joe Biden and House Speaker Kevin McCarthy, R-Calif., might be only …

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Far-right members, unhappy with debt deal, float threatening McCarthy's speakership

Gov & Politics / By

WASHINGTON — As criticism builds in Republican ranks over the debt ceiling deal struck by House Speaker Kevin McCarthy, R-Calif., and President Joe Biden, some hard-line conservatives have begun floating the idea of toppling the speaker. On a House Freedom Caucus call Monday night, Rep. Ken Buck, R-Colo., floated using the motion to vacate, a rule that …

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US says ‘the time is now’ for Sweden to join NATO and for Turkey to get new F-16s

Gov & Politics / By

OSLO, Norway (AP) — U.S. Secretary of State Antony Blinken said Tuesday the “time is now” for Turkey to drop its objections to Sweden joining NATO but said the Biden administration also believed that Turkey should be provided with upgraded F-16 fighters “as soon as possible.” Blinken maintained that the administration had not linked the …

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Can China’s Cosmetics Giant Florasis Crack America?

Fashion & Beauty / By

With its elaborately carved eyeshadow palettes, intricate lipstick designs and ornate packaging, Florasis has established itself as one of China’s most successful beauty brands. The Hangzhou-based company, founded by Wu Chenglong and Fei Man in 2017 and known locally as Huaxizi, scaled quickly in its home market. Reaching annual revenues of 5.4 billion yuan ($850 …

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Dianne Feinstein presents Democrats with problem they can’t solve

Gov & Politics / By

Sen. Dianne Feinstein, D-Calif., returns to the Senate Judiciary Committee following a more than two-month absence at the Capitol in Washington, Thursday, May 11, 2023. (J. Scott Applewhite/AP) Since returning to Washington after a protracted absence earlier this month, Sen. Dianne Feinstein, D-Ca., has failed to quell the controversy about her age and whether it …

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Woman who threatened Nancy Pelosi with hanging during Capitol riot gets over 2 years in prison

Gov & Politics / By

A Pennsylvania restaurant owner who screamed death threats directed at then-House Speaker Nancy Pelosi while storming the U.S. Capitol was sentenced on Tuesday to more than two years in prison. Pauline Bauer was near Pelosi’s office suite on Jan. 6, 2021, when she yelled at police officers to bring out the California Democrat so the …

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LVMH Shelves Plans for Rodeo Drive Hotel After Local Opposition

Fashion & Beauty / By

Bernard Arnault, the world’s richest man, will scrap a plan to build a luxury hotel in Beverly Hills after residents in the wealthy city appeared to vote against the project. While some votes remain to be counted, LVMH Moet Hennessy Louis Vuitton SE confirmed that two measures on the Cheval Blanc Beverly Hills project have …

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Debt ceiling deal between Biden and McCarthy faces its first major test

Gov & Politics / By

The bipartisan debt ceiling deal signed off by President Joe Biden and House Speaker Kevin McCarthy over the weekend is set to face its first big test as some GOP hard-liners snipe at the bill ahead of the House Rules Committee’s vote Tuesday afternoon. The committee will consider the 99-page Fiscal Responsibility Act; if approved …

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