Hudson Yards, the 1 million-square-foot shopping center that opened in New York City earlier this year, is forecast to host 20 million visitors in its first year and end 2019 with a 95% occupancy rate, according to developer Related Urban. Unlike earlier iterations of the US mall, Hudson Yards boasts just one department store and features an entire floor devoted to digital-native brands.
The US will not reach full employment as long as the inflation rate remains under its 2% target, Minneapolis Federal Reserve Bank President Neel Kashkari said. "[U]ntil we see wage growth net of productivity climbing at above 2%, we're not really at maximum employment," Kashkari said.
Educators can use dystopian novels, such as "1984" and "The Hunger Games," to engage students in lessons on the US Bill of Rights, writes Pennsylvania high-school history and government teacher Benjamin Barbour. In this article, Barbour writes that lessons can cover topics including censorship, propaganda and current events.
With chronically depressed commodity prices, tariffs and bad weather hurting farmers, the solution is found in agtech, Land O'Lakes CEO Beth Ford says during a "60 Minutes" interview, citing examples such as artificial intelligence technology coordinating with satellite imagery to determine cost-efficient planting strategies. "We use all of the things that probably other businesses use but that people are unfamiliar with in terms of utilization in agriculture," says Ford.
Lidl is preparing to open four more stores on Long Island, N.Y., by next summer, in addition to the four previously announced. The move comes as part of the company's purchase of 27 Best Market stores, 24 of which are located on Long Island.
The health care sector is far behind the banking industry in terms of information sharing, writes John Glaser of Cerner. He explains why the sharing of health information is more complicated than the sharing of financial data and notes that the establishment of a single organization to set standards is vital in improving the interoperability of EHRs.
New technologies such as 3D and 360-degree videos and virtual reality will enable brands to engage and interact with consumers "like never before," writes Shuttlerock's Arron Redmore. He takes a close look at the emergence of each of these technologies and their current challenges and predicts 360-degree videos will be the first to become mainstream -- and do so by 2022.
Digital interior design service Decorist, which has been owned by Bed Bath & Beyond since 2017, has expanded into brick-and-mortar retail with a presence in five BuyBuyBaby stores. The in-store installations feature nursery vignettes made with BuyBuyBaby products, and a 3D imaging tool lets shoppers see how the setup would work in their rooms.
Google's two new flagship phones, the $799 5.7-inch Pixel 4 and the $899 6.3-inch Pixel XL, have an Oct. 24 shipping date, with preorders starting now and availability on every major network. Notable features include Google's first rear camera; the addition of Soli, a radar-based motion-sensing technology; a Snapdragon 855 processor; a 90 GHz display; and 6 gigabytes of RAM.
Johnson & Johnson has offered to settle claims regarding its role in the US opioid crisis by adding $4 billion to an $18 billion settlement proposed by AmerisourceBergen, Cardinal Health and McKesson, sources say. State attorneys general reportedly received the proposals ahead of the first federal trial concerning responsibility for opioid abuse.
Silicon Valley companies such as Amazon, Google and Facebook are likely to jump into the bidding for National Football League TV rights that expire in 2021 and 2022, ESPN President Jimmy Pitaro said, though he expressed confidence his network would retain an NFL deal. Pitaro also pointed to the success of ESPN+, a premium streaming service with more than 2 million subscribers.
Contractors and subcontractors can take steps to verify that owners are on secure financial footing before agreeing to projects. Many construction contracts allow contractors to ask for "reasonable evidence" of financing, legal experts say.
High school students have inspired throngs of activists and ordinary citizens worldwide to join the Global Climate Strike today to demand action on climate change from their national leaders. Over a million students were excused from school in New York City to participate in strike protests, while similar demonstrations are occurring in major cities all over the world.
Alaska Airlines employees volunteering during the airline's "Week of LIFT" teamed up with a local nonprofit to prepare laulau, a native Hawaiian dish of pork wrapped in taro leaf, for delivery to a homeless shelter in Honolulu. Alaska employees across the nation are participating in LIFT, the airline's social and environmental impact program.
MGM Resorts International is readying a joint venture of the Bellagio by selling the bulk of it to Blackstone Group for $4.25 billion, keeping a 5% stake, leasing back the property for $245 million annually and continuing all operations. MGM also is selling Circus Circus for $825 million to an affiliate of Treasure Island owner Phil Ruffin, with the sales freeing up cash to pay down debt and allow more investment in entertainment, sports betting, sports and a presence in Japan.