Madewell Just Got More Sustainable

Today, in anticipation of Earth Month, Madewell has announced four new sustainable initiatives, each of which will help to solidify its role as one of the industry’s most forward-thinking denim brands. Ever since Madewell launched its Eco Collection two years ago, a six-piece line-up of conscious denim, the New York-based brand has been improving its sustainability efforts across the board. The brand has partnered with Fair Trade Certified™, a non-profit organization that holds fashion companies to strict ethical and sustainable standards, and Saitex, a Vietnam-based producer of sustainable denim. Saitex is known for its efforts to reduce the use of water, chemicals, and energy in the denim production process. Also… Read More

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Carnival, Royal Caribbean, and Norwegian are in ‘a world of hurt’ right now, but the pain won’t last. Analysts reveal when demand could come back and which companies could come out on top.

The coronavirus has brought the cruise industry to a standstill and has already wallopped stock prices. Analysts explained how these companies recovered from previous pandemics and disasters, and what they’ll need this time around. They’re optimistic demand will return – eventually – but said some companies may be better positioned to come back than others. Visit Business Insider’s homepage for more stories. Cruise ship companies have weathered serious storms in recent years, including fires, environmental disasters, and a ship running aground in a disaster that killed 32. None have brought the industry to a standstill like the coronavirus pandemic, and the bottom line impact has already been jarring. Carnival, the… Read More

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‘Alcohol is soooo good’: Trolls are breaking into AA meetings being held on Zoom video calls and harassing recovering alcoholics

Trolls broke into multiple Alcoholics Anonymous meetings being held via Zoom video conference and harassed participants with slurs and mentions of alcohol. AA meetings have moved to Zoom as the coronavirus outbreak forces millions of Americans to stay home. “Alcohol is soooo good,” an intruder said to recovering alcoholics during a Tuesday meeting, a meeting participant told Business Insider. Zoom said in a statement that it was “deeply upset” to learn of the incident and encouraged users to turn on maximum security settings. Visit Business Insider’s homepage for more stories. At first, the Tuesday morning Alcoholics Anonymous meeting was going as planned. Thanks to the government-mandated lockdown to prevent the… Read More

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Tesla’s biggest Wall Street bull slashes its price target more than 20% amid the coronavirus market rout (TSLA)

On Tuesday, Joseph Osha of JMP Securities lowered his Tesla price target to $840 from $1,060, a more than 20% cut. He previously held the highest Tesla price target on Wall Street. The lowered target comes amid the impact Osha sees Tesla facing in the coronavirus pandemic, which has shuttered multiple factories. Still, Osha maintained his outperform rating on the stock. Watch Tesla trade live on Markets Insider. on Business Insider. Tesla’s biggest bull just took a step back. On Tuesday, Joseph Osha of JMP Securities lowered his price target on the automaker to $840 from $1,060, previously the highest on Wall Street. Osha cited the recent impact of COVID-19… Read More

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Marriott says at least 5.2 million guests’ personal information was likely breached — the company’s second major security incident in 2 years (MAR)

5.2 million Marriott guests’ information wasn’t secured properly for more than a month in 2020, the hotel chain said Tuesday, and was possibly accessed by unauthorized persons. The data that was possibly accessed an outside party includes contact info and loyalty account numbers, but not sensitive details like passport information or credit card numbers. Marriott and other large hotel chains have been left reeling by the coronavirus pandemic, which has forced mass layoffs and executive pay cuts throughout the industry. Visit Business Insider’s homepage for more stories. Marriott International said Tuesday that the personal information for at least 5.2 million guests could have been accessed by unauthorized people at two… Read More

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The Trump administration says gun shops should be considered essential businesses and stay open through the pandemic

The Cybersecurity and Infrastructure Security Agency (CISA) added gun stores, shooting ranges, and weapons manufacturers to its list of essential businesses on Saturday. The organization said that its list is not a national mandate, but should be used as guidance for local and state governments when making their own essential business lists. The addition was criticized by gun control groups and met with praise from gun rights advocacy groups. Visit Business Insider’s homepage for more stories. The Trump administration has decided that gun stores, shooting ranges, and weapons manufacturers should be considered “essential” businesses amid nationwide shutdowns over the novel coronavirus pandemic. The guidance was issued by the Cybersecurity and… Read More

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