stocks, news, data and earnings

H&M posts weaker-than-expected first-quarter sales in slow start to the year H&M on Thursday posted weaker than expected first-quarter sales in a slow start to the year for the world’s second-largest clothing retailer. Sales at the Swedish fashion giant rose 2% in local currencies to 55.33 billion Swedish krona ($5.5 billion) in the three-month period, slightly…

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Cover Letters Still Matter—Even If They’re Not Required

As someone with decades of experience as a job interviewer and applicant, I’m always surprised when I encounter dismissiveness—and outright disdain—of cover letters (especially when that sentiment comes from someone applying for a communications role). Cover letter critics argue that recruiters don’t read cover letters and that they are a waste of everyone’s time.

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After Heathrow, Who Pays for Missed Cruises and Hotel Bookings?

Last Friday’s power outage in Heathrow Airport disrupted vacations across the world, causing countless thousands of travelers to miss prepaid reservations and forgo long-anticipated adventures. Among them were Sheila Addison, a therapist from Seattle, who missed out on a four-day whisky-tasting in the Scottish Highlands, forfeiting a $500 nonrefundable hotel room and a rare break…

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