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The 242-year-old retailer said the reopened stores were trading ahead of management expectations but it still needed to cut costs. “The trading environment is clearly a long way from returning to normal and we have to ensure our store costs are aligned with realistic expectations,” Debenhams said in a statement. … [Read more...] about Debenhams ready to cut 2,500 jobs in new blow to high street

This is exactly what the new study found for the first time, with colleagues from Tel Aviv University, the Max Planck Institute, and the University of Zurich. They tested this prediction by analyzing magnetic resonance images, which directly capture structural properties of the brain, from more than 1,400 human brains from four large data-sets. They identified in each data set the regions showing the largest differences between women and men. Next, they defined a “male-end” (males more prevalent than females) zone and a “female-end” (females more prevalent than males) zone for each of these regions, based on the range of scores of the most extreme third of men and women, respectively. They found that between 23% and 53% of individuals (depending on the sample) had brains with both “male-end” and “female-end” features. In contrast, the percentage of people with only “female-end” or only “male-end” brain features was … [Read more...] about It’s time to celebrate the fact that there are many ways to be male and female

“After watching where the cannabis industry is headed, I wanted to create a platform that will take this movement further by creating a destination where people could find fresh content,” Snoop Dogg said. “Merry Jane is a game-changing platform for pop culture. It’s a new frontier y’all!” … [Read more...] about Snoop Dogg founds media company that merges ‘cannabis and pop culture’

Bill Gurley, general partner at Benchmark, wrote on Twitter that he thought tech investors had become too fond of growth and had failed to pay enough attention to “names” that didn’t turn enough profit. The decline of technology stocks, which he said had been “getting crushed” since mid-July, could represent “an inflection point”. … [Read more...] about Silicon Valley billionaires-in-waiting may face reckoning amid stock panic

Groupon investors have been on a rollercoaster ride since the company floated in New York in 2011. The initial success of the novel daily deals idea fuelled stratospheric sales growth and propelled the shares to $26 (then £16), but its ensuing disappointing financial performance – it is expected to be loss-making this year – means the shares now change hands for close to $6. … [Read more...] about Groupon revamps UK deals site in bid to become retail marketplace