Granth Vanaik

Granth Vanaik is a journalist who has been known for his unbiased and clear reporting. His articles are well-researched and presented in a manner that is easy to understand. He has a reputation for maintaining a high level of integrity in his work, avoiding conflicts of interest, and presenting information without bias or deception.

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The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

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Conflicts of Interest

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Contradictions

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Deceptions

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No current examples available.

Recent Articles

Nordstrom Brothers Consider Going Private Again: Special Committee Formed to Evaluate Proposals

Nordstrom Brothers Consider Going Private Again: Special Committee Formed to Evaluate Proposals

Broke On: Thursday, 18 April 2024 Nordstrom's CEO and President explore going private, forming a committee to evaluate potential bids from the founding family and outside parties. The retailer, which is collectively owned by the Nordstrom family (30%) and had a market cap of $3.06 billion as of March 2024, faces challenges due to weak sales and inflation. In 2017, they attempted to go private but couldn't agree on a price or secure financing. Rival Macy's also receives take-private offers.

China's Singles Day: A Shopping Bonanza Amid Economic Challenges

Broke On: Thursday, 09 November 2023 China's Singles Day, a holiday initially created to celebrate singlehood, has evolved into a weeks-long online shopping festival that culminates on November 11. Last year, the total value of goods sold during the shopping festival amounted to 1.15 trillion yuan ($157.97 billion). Several American companies like Nike, Lululemon, Estee Lauder, and Procter & Gamble have a significant presence on the Tmall marketplace and stand to benefit from the event. China's e-commerce giants, including Alibaba, JD.com, and Pinduoduo, have engaged in a price war to attract consumers during the Singles Day festival, amid a sluggish economy and cautious spending sentiment. Chinese consumers are grappling with challenges such as high unemployment rates, stagnant wage growth, and a housing market crisis, leading to reduced spending.