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The new C.E.O. said the company would focus on home décor, apparel and pop culture trends in an effort to reverse years of sales declines.
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'So they’re getting hit very hard.'
n a televised address to the nation, Macron said that action needed to be taken with the Straits of Hormuz closed and the Suez Canal and Red Sea shipping routes threatened by the widening conflict.
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Colt Gray, who was 14 at the time of the shooting, has pleaded not guilty to a total of 55 counts, including murder. A status hearing in his case has been set for mid-March.
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President Trump said the U.S. will "immediately" offer "political risk insurance and guarantees" for energy tankers and other ships in the Gulf region , and that the Navy will escort tankers through the Strait of Hormuz if needed. Why it matters: The White House is trying to ease oil price spikes that are starting to boost U.S. gasoline prices. - His statement on Truth Social comes as tankers are avoiding the Strait of Hormuz, the narrow waterway abutting Iran that handles a whopping one-fourth or so of the world's maritime oil trade, and huge amounts of liquefied natural gas, too. Driving the news: Trump said the financial assurances would be offered through the U.S. Development Finance Corp. at a "reasonable price." - "If necessary,…