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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 27, 2024
Page
8
Ziad Amallah, 45, of San Diego, says people are mentally exhausted as data show about two thirds of American adults want to limit media consumption about politics. He notes the public is aware of what is coming and is taking time off.
Wall Street closed with a mixed finish as heavyweight technology and communications shares offset gains elsewhere. The S&P 500 dipped slightly for its first loss after three straight advances while Netflix slid about 1.6 percent, among the sharp declines in the market.
Mastercard SpendingPulse reports holiday sales from early November through Christmas Eve rose 3.8 percent despite high prices. The measure includes cash and debit payments and notes retailers pushed early bulk buying with five fewer days between Thanksgiving and Christmas. Clothing electronics and jewelry saw gains.
Richard Parsons, a leading Black executive who ran Time Warner and Citigroup, died at 76 amid complications from multiple myeloma diagnosed in 2015. Lazard confirmed his death. David Zaslav praised Parsons as a mentor and brilliant negotiator who sought win win outcomes.
The FDA unveiled a rule requiring cosmetic firms to verify talc products are free of asbestos. The proposal aims to restore consumer confidence in makeup, baby powder and other personal care items amid litigation against Johnson & Johnson and others.
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