General News
Meropi Kyriacou Honored as TNH Educator of the Year
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
NEW YORK — Walmart became a lifeline to millions of people as the coronavirus spread and its profit and sales surged during the first quarter, topping almost all expectations.
Online sales jumped 74%, fueled by a rush on canned foods, paper towels and other supplies as people sheltered in place.
The company said Tuesday that same-store sales surged 10% at U.S. Walmart stores.
But costs soared as well.
The company spent $900 million in additional compensation for workers who manned checkout lines and kept goods flowing at warehouses.
Walmart pulled its guidance for the year, citing the chaos of the pandemic.
The Bentonville, Arkansas, company had profit of $1.40 per share. Earnings, adjusted for non-recurring gains, were $1.18 per share. That well exceeds the per-share earnings of $1.10 that Wall Street was looking for, according to a survey by Zacks Investment Research.
Revenue of $134.62 billion in the period, also exceeding Street forecasts by almost $1 billion.
Walmart is one of the first major retailers to report on operations as the the virus gripped the United States. Others, like Macy's were forced to close to curb the spread of the virus.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
BERLIN (AP) — At least five people were killed Wednesday when a bus headed from Berlin to Switzerland came off a highway in eastern Germany and ended up on its side, authorities said.
ΒΟSTON - The newly-elected Metropolitan Iakovos of Mexico, who was enthroned on Saturday, March 16th at the Cathedral of Aghia Sophia in Mexico City, gave his first interview as Metropolitan to The National Herald, which he described as a "historic newspaper," one he has known since childhood, as have his close relatives.
BALTIMORE - Authorities have released the identities of the two people recovered from the water Wednesday morning at the site of the Baltimore bridge collapse.
ATHENS — Police in Greece clashed late Wednesday with Communist-backed demonstrators who tried to prevent a concert by U.
ATHENS – Greece recorded a huge improvement in the business environment rankings of The Economist Intelligence Unit (EIU) among 82 countries worldwide.