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US retail sales, producer prices register October fall
US retail sales, producer prices register October fall
Retail sales in the United States fell slightly in October, according to government data published Wednesday, fueled by a large drop in consumer spending at...
2023-11-15 22:45
Treasury's Cash Pile Shrinks Further as Debt-Ceiling Talks Stall
Treasury's Cash Pile Shrinks Further as Debt-Ceiling Talks Stall
Yields on US Treasury bills that mature in early June have resumed climbing as the federal government’s coffers
2023-05-20 05:16
UBS to cut 3,000 jobs after Credit Suisse takeover
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:16
Factbox-U.S. debt ceiling deal: Stocks that could benefit
Factbox-U.S. debt ceiling deal: Stocks that could benefit
NEW YORK Here are some stocks that could benefit, according to analysts at U.S. brokerage BTIG, if U.S.
2023-05-30 23:29
Influencers come under fire after visit to Shein factory
Influencers come under fire after visit to Shein factory
Fast-fashion brand Shein has been accused of spreading "propaganda" after influencers were sent to China to walk around the company's factory to see how their clothes are manufactured. Shein invited influencers and Shein "ambassadors" to their "innovation" factory and warehouse – and many are criticising the influencers' posts about their trip. Many received backlash from viewers who say they were promoting propaganda about Shein's practices. One influencer known as Dani DMC said in an Instagram reel about the trip: "I was really impressed to see the working conditions [...] Shein is such a developed and complex company." Dani also claimed to have spoken to a worker who was "very surprised about all the rumours that had been spread in the US." Dani herself also said that the trip taught her to "think for herself" because "there's a narrative fed to us in the US." Another influencer AuJené, @itsjustajlove on Instagram, who was also invited on the trip, shared similar sentiments to Dani. In a reel that discussed her fourth day on the trip, she told viewers she had asked questions about child labour and said: "I found out there is an independent third party contractor that audits all of Shein's manufacturers they conduct over 2500 audits annually to make sure that they align with international laws when it comes to child labour and wages." "They work normal shift hours and are able to quit when they feel like it just like any other job," she added. "Seeing their authenticity even when the cameras were off was endearing to me and very important." Sign up to our free Indy100 weekly newsletter Many hit out at the influencers: @sipteawithmelissa Honestly couldn’t not comment on this today ??? #popculturecommentary #popculturenews #celebnewstiktok #celebnews #insidethesheinmachine #fastfashionsucks #fastfashionisntcute Others left comments under the influencer's posts showing their disappointment: "Sweatshops aside, do you know how detrimental this is for the environment?" replied one user. Another said: "There's no way you're actually promoting this shameful brand... so disappointed, unfollow." "The propaganda is disgusting and incredibly embarrassing... we see right through the bulls**t!!!" Commented another. Dani posted a response to the criticism she had received saying: "No amount of money or opportunity would ever allow me to go against my morals or integrity. I wish you could be here with me and see the faces behind this brand. This company is run by majority women who are so genuine, humble, & beyond passionate about what they do. I wish you could see everything I’ve been able to see behind the scenes and be apart of the conversations I’ve been a part of. "Shein has done WAY more than any other fashion brand I’ve ever worked with to show their dedication to being one of the good guys. "If you need to unfollow me and can’t trust me on this one I totally understand and I support you." The company has previously been criticised for its unsustainable practices and mass production of items. Synthetics Anonymous 2.0, a report published on fashion sustainability, claimed that the manufacturers' use of virgin pouter and large consumption of oil produces the same amount of CO2 as roughly 180 coal-fired power plants. A documentary from Channel 4 titled, Inside the Shein Machine, found that Shein employees were often working 75-hour shifts with little time off. The documentary had undercover cameras that filmed workers making hundreds of garments a day. In one factory, workers made a daily base salary of $20, if any garments had mistakes their pay was cut to $14. In response to the documentary the fast-fashion giant admitted to the safety breaches in a statement: "We know we have a responsibility to safeguard the welfare of workers in our supply chain. In light of the recent report in the news, we launched an investigation into the claim that 2 of our suppliers has unacceptable working conditions at their facilities." Indy100 have reached out to Shein, Dani, and AuJené for comment. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-24 19:45
Sudan Expels UN Envoy, Complicating Efforts to End Conflict
Sudan Expels UN Envoy, Complicating Efforts to End Conflict
Sudan expelled the top United Nations envoy, raising fears the North African country is isolating itself from the
2023-06-09 21:28
A new instant payment system may be coming to a bank near you
A new instant payment system may be coming to a bank near you
When it comes to getting paid — and paid back — most people and businesses want their money as quickly as possible.
2023-07-21 00:25
'RHONJ' fans furious as Joe Gorga gets sued over unpaid legal fees in $6M real estate deal: 'Little Joe same old thing'
'RHONJ' fans furious as Joe Gorga gets sued over unpaid legal fees in $6M real estate deal: 'Little Joe same old thing'
Joe Gorga was first sued for $30,264.06 in November 2022 by contractors who accused him of failing to pay them building charges
2023-06-29 08:48
Bitcoin’s 10% Jump to $30,000 Hints at Trader ‘Playbook’ for ETF Launches
Bitcoin’s 10% Jump to $30,000 Hints at Trader ‘Playbook’ for ETF Launches
A brief 10% surge in Bitcoin on Monday gave traders a glimpse into the possible impact of a
2023-10-17 12:15
US-focused Opera News, to cease publication in November after 87 years
US-focused Opera News, to cease publication in November after 87 years
Opera News will print its final issue in November and be incorporated into Britain-based Opera magazine
2023-08-16 00:50
Judge refuses to dismiss lawsuit against Disney’s efforts to neutralize governing district takeover
Judge refuses to dismiss lawsuit against Disney’s efforts to neutralize governing district takeover
A judge in Florida has refused to dismiss a lawsuit brought by Gov. Ron DeSantis appointees against Disney’s efforts to neutralize a takeover of Disney World’s governing district by the Florida governor
2023-07-29 05:23
Big Emissions Bills Are Coming for Ships Sailing in Europe
Big Emissions Bills Are Coming for Ships Sailing in Europe
Ships carrying everything from consumer goods to food and fuel in and out of the European Union will
2023-09-18 19:15