President Joe Biden has signed legislation Thursday establishing a new federal holiday commemorating the end of slavery, saying he believes it will go down as one of the greatest honors he has as president

The post Biden signs bill making Juneteenth a federal holiday first appeared on Federal News Network.

Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022

The post EXPLAINER: Why Social Security COLA will jump next year first appeared on Federal News Network.

Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022

The post Social Security checks getting big boost as inflation rises first appeared on Federal News Network.

A former California pollution regulator is being nominated to run the nation’s highway safety agency

The post Former Calif. regulator tapped to run highway safety agency first appeared on Federal News Network.

A U.S. appeals court has declined for now to allow President Joe Biden's administration to require COVID-19 vaccinations for federal employees

The post Appeals court declines to overturn judge’s ban on federal employee vaccine mandate first appeared on Federal News Network.

Dozens of National Guard Army and Air Force troops in New Mexico have been stepping in to fill a shortage of teachers in schools

The post National Guard deploys for new emergency: Teacher shortages first appeared on Federal News Network.

California’s Fort Ord has been on the Environmental Protection Agency’s list of the most polluted places in the nation since 1990

The post What Lies Beneath: Vets worry polluted base made them ill first appeared on Federal News Network.

President Joe Biden marked Equal Pay Day by spotlighting new steps aimed at closing the gender pay gap for federal workers and contractors

The post Biden urges private companies to help narrow gender pay gap first appeared on Federal News Network.

Prominent demographers are asking the U.S. Census Bureau to abandon a controversial method for protecting survey and census participants’ confidentiality

The post Researchers ask Census to stop controversial privacy method first appeared on Federal News Network.

Housing has long been a major benefit for service members, a subsidy to salaries that trail the private sector

The post Military families’ housing benefits lag as rents explode first appeared on Federal News Network.

Presidents come and go, but White House grounds superintendent Dale Haney has been a constant through the past 10 presidencies. As of this month, Haney has tended the lawns and gardens of the White House for 50 years. But he may be better known for taking care of the president's pets. Lately, he's often seen with Commander, President Joe Biden's dog. Haney started at the White House in 1972, and said he planned to work there for just two years. President Joe Biden and his wife, Jill, surprised Haney on Monday by planting an elm tree on the south grounds to honor Haney.

The post Meet Dale Haney, the White House groundskeeper for 50 years first appeared on Federal News Network.

The U.S. Interior Department's plan to withdraw hundreds of square miles in New Mexico from oil and gas production for the next 20 years is expected to result in only a few dozen wells not being drilled on federal land surrounding Chaco Culture National Historical Park. Land managers on Thursday released an environmental assessment of the plan first outlined by Interior Secretary Deb Haaland in 2021 in response to the concerns of Native American tribes in New Mexico and Arizona. Environmentalists say the agency needs to take a broader look at the cumulative effects of development if they want to preserve cultural sites and limit pollution from ongoing development beyond the proposed withdrawal zone.

The post US outlines effects of withdrawing land from oil drilling first appeared on Federal News Network.

Frank Indiviglio, NOAA’s deputy director for High Performance Computing & Communications (HPCC), said conversations are happening about how NOAA can containerize its climate models in order to push the models themselves out to the public to understand, build upon and tweak.

The post Edge computing enables NOAA to push workloads closer to public consumers, not just field researchers first appeared on Federal News Network.

Labor shortages and the desires of employees for a more balanced life are opening the door, now more than ever, for fully remote work options. This can potentially lead to a team of multi-state workers.

The post Cost pool considerations for remote and multi-state employees first appeared on Federal News Network.

Birmingham hair salon gives team a head start for mental health.

New year client wins give agency a sustainable start to 2021.

Green ecommerce brand aims to provide environmentally friendly fashion.

Birmingham salon announces latest sustainability initiative.

Online fashion brand to open retail and design outlet.

Photographic exhibition pays tribute to Patti Bell's contribution to the city.

Freedom the theme for three day event.

The Spa at Ardencote launches new treatment 'Add Ons' menu.

India's home textile industry is set to witness 6-8 per cent growth this fiscal, riding on resilient demand from the US and expansion in the domestic market, according to a report on Tuesday.

Titan Company's consolidated profit after tax declined by 23.1 per cent in the second quarter of this fiscal. However, the company's consolidated income increased by 26 per cent during the same period. Its international jewellery business experienced a significant income growth of 62 per cent. Caratlane, a subsidiary of Titan, also reported a 28 per cent increase in total income.

Hugo Boss reported third-quarter operating profit slightly above expectations, but acknowledged it won't achieve its 2025 revenue and profit growth targets due to weak demand. Despite cost-cutting measures, the luxury fashion brand faces challenges from cautious consumer spending and a difficult market, particularly in China.

Indians purchased 220 tonnes of silver during this year's Dhanteras-Diwali. This is the highest amount in two decades. The surge in silver sales is attributed to its rising prices and its appeal as a safe-haven asset. Gold sales, however, declined by 15% this year. Experts predict silver prices will continue to rise.

Indian travelers are increasingly splurging on luxury goods while abroad, with spending in this category skyrocketing by 250% in recent years. Travel companies and luxury brands are responding by incorporating premium shopping experiences into their itineraries and offering exclusive perks to attract Indian shoppers.

Titan Company experienced a 15% profit decline in Q2. The company attributes this to losses from a customs duty drop on gold. Despite this, Titan saw strong sales growth in its jewellery and watches segments. The company remains optimistic about the future, particularly the upcoming festive season. Titan is also closely watching the lab-grown diamond market and formulating its strategy.

The Temasek and SoftBank-backed company’s operating margins also grew significantly, with Lenskart clocking an Ebitda of Rs 856 crore in FY24, against Rs 403 crore in the previous fiscal. In an interview with ET in October, Lenskart’s founder and chief executive officer Peyush Bansal had said the company is making a $200-million investment in its new manufacturing facility in southern India.

Raymond Lifestyle witnessed a significant 69.72% drop in its consolidated net profit for Q2 FY'25, reaching Rs 42.18 crore. This decline is attributed to subdued demand and inflationary pressures. Despite this, the company remains optimistic about the future, citing recent positive trends in the festive and wedding season and plans for retail expansion and new product launches.

Pernia's Pop-Up Shop is raising funds for its initial public offering. The company plans to use the funds to expand its retail network and become debt-free. The retailer aims to open more stores in Mumbai and Delhi. Pernia's Pop-Up Shop sells designer wear from various brands. The company achieved significant revenue growth in the last financial year.

Trent reported a 46.9% increase in consolidated net profit to Rs 335.06 crore in the second quarter that ended September 30, 2024. Revenue from operations grew by 39.3% to Rs 4,156.67 crore. The company expanded its store footprint, with 800 large-format fashion stores across 184 cities. Also, it opened new stores for both Westside and Zudio brands during the second quarter of this fiscal.

Page Industries, the company that holds the license for Jockey and Speedo in India, saw its profit increase by 30% in the second quarter. The company's profit reached 1.95 billion rupees. This growth was driven by higher sales of premium athleisure wear. Despite a general slowdown in consumer spending, demand for these products remained strong.

Trent Limited, a Tata Group company, witnessed a 40% rise in net sales for the quarter ending in September. The retailer's revenue reached Rs 4036 crore, while net profit saw a 46% increase to Rs 423 crore. Despite the growth, consumer sentiment remained subdued. Trent opened 43 new stores during the quarter, expanding its presence to 184 cities.

Under Armour's shares surged 20% after the company raised its annual profit forecast, driven by cost-cutting measures and a focus on full-price sales. Founder and CEO Kevin Plank's strategy of reducing discounts and inventory helped boost gross margins, signaling a potential turnaround for the sportswear brand.

Aditya Birla Fashion and Retail Ltd (ABFRL) reported a consolidated net loss of Rs 214.70 crore in the September 2024 quarter due to higher depreciation and interest costs. Despite this, the company saw consistent growth driven by newer businesses and established brands. ABFRL recently announced the de-merger of its Madura business into a separate listed entity, ABLBL.

Safari Industries India reported a 25.40% YoY decline in consolidated net profit to Rs 29.66 crore in Q2 FY25, despite a 23.72% YoY increase in revenue to Rs 457.79 crore. The luggage maker's profit before tax also fell by 27.07% YoY to Rs 37.84 crore, primarily due to a significant rise in total expenses, including a 53.

Richemont, the owner of Cartier, fell short of profit projections for the first half of the year and expressed caution regarding China's recovery, causing a decline in European luxury stocks. The company's sales were impacted by a downturn in the Asia-Pacific region, particularly in China, where consumer confidence remains low.

Relaxo Footwears recorded a 17 percent drop in net profit to Rs 37 crore for the second quarter ending September 30. Revenue also decreased by 5 percent to Rs 679 crore. The company attributes the decline to lower demand and increased competition from unorganized players. Relaxo plans to add more distributors and optimize operations for future growth.

The Confederation of Indian Textile Industry (CITI) on Monday said the return of Donald Trump as the next US President will bolster India's textile and apparel trade with its largest international market.

Driven by strong demand from the US and growth in the domestic market, India's home textile industry is poised for a 6-8% growth this fiscal year. Despite economic concerns in the EU, the industry's credit profiles are expected to remain stable, supported by healthy cash accrual and moderate capital expenditure plans.

Driven by central bank purchases and geopolitical tensions, gold prices soared to 39 new all-time highs in 2024, marking the highest number in 45 years. The surge, influenced by strong Asian demand and US election anxieties, saw gold reach $2,734 per ounce, prompting predictions of further increases.

Kalyan Jewellers saw a 3.3% dip in consolidated net profit, reaching Rs 130.32 crore in Q2 FY25, compared to the same period last year. Despite this, revenue from operations rose to Rs 6,065.4 crore, contrasting with Rs 4,414.53 crore in Q2 FY24. Ramesh Kalyanaraman, executive director of the company said, "We recorded SSSG in excess of 20 per cent for the Diwali minus 30 days period when compared to the base year. ​​We are upbeat about the ongoing wedding season across the country and hope to end the calendar year on a very strong note."​​​​

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