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Best Buy sales and profits slid in the second quarter as the nation’s largest consumer electronics chain continues to wrestle with a pullback in spending on gadgets after Americans splurged during the pandemic

By Noele Illien ZURICH UBS will publish on Aug. 31 its first earnings report since a hastily arranged

It's quite something!

Heartwrenching videos show students hiding under desks and jumping from classroom windows during an active shooter situation the University of North Carolina at Chapel Hill. The campus was placed on lockdown for several hours on Monday afternoon after an alert went out about an “armed person”. Police later confirmed one member of the faculty was killed and a suspect, identified as graduate student Tailei Qi, was taken into custody. The motive for the shooting, which took place at the centre of the campus in one of the science buildings, remains unclear. Throughout much of the active situation, those under the “shelter in place” order did not have any idea what was going on. Videos posted to social media captured sirens wailing as students and faculty barricaded themselves in dorms, bathrooms, classrooms, and gyms across the sprawling grounds. The shelter in place alert was posted just after 1pm, with sirens emitted within two minutes. Officers found the faculty member, who has not been identified, fatally shot in the lab building, UNC Police Chief Brian James told a press conference. The suspect was apprehended about 90 minutes after the initial report of gunfire but the lockdown persisted as authorities searched for the weapon, officials told a press at a briefing. The arrest took place in a residential area close to the campus, according to local TV station WRAL. The lockdown was lifted at about 4.15pm. It is unclear if the suspect and victim knew each other. Chief James said: “To actually have the suspect in custody gives us an opportunity to figure out the why and even the how, and also helps us to uncover a motive and really just why this happened today. Why today, why at all?” “And we want to learn from this incident and we will certainly work to do our best to ensure that this never happens again on the UNC campus,” he added. Chancellor Kevin Guskiewicz said: “This loss is devastating, and the shooting damages the trust and safety that we so often take for granted in our campus community.” Graduate student Clayton Ulm, 23, said he was in a class with about 50 to 70 others when the lockdown went into action. The alarm went off and screens in the room also announced the order to shelter in place. “Then there was quite a bit of panic as students were trying to figure out what to do,” Mr Ulm wrote on LinkedIn after three hours of the lockdown, according to the AP. “Then we all started hiding beneath our chairs and under desks. Some students went and locked the doors.” Mr Ulm added that students began listening to police scanners to find out where the shooter was located with the sense of panic eventually subsiding and students could use the restrooms near them. It was “surreal seeing the mass panic,” Mr Ulm said. “We are looking for a firearm. It is too early to determine if the firearm was legally obtained,” Chief James said. The shooting came just a week after the start of classes at the first public university in the US. Tuesday’s classes were cancelled for the school’s 20,000 undergraduates and 12,000 graduate students. Northern Virginia freshman Rushil Umaretiya held a candle outside the lab building on Monday night with two of his friends, just two weeks after he moved to Chapel Hill. “In my family, whenever someone passes, we light a candle, so I thought I’d come out and pay some respect to the community I’m trying to join,” he told the AP. “It’s a scary time for a lot of people, like I have a lot of history with loss, so I think it’s just fear and a lot of mixed emotions.” Mr Ulm moved from Oklahoma to Chapel Hill a couple of months ago. He told the news agency that his mother called him as the students were sheltering in place. She was “crying profusely,” he said. “I knew I should’ve texted you yesterday, I was so worried... this was my greatest fear,” she told him. Read More UNC Chapel Hill graduate student Tailei Qi charged with murder in shooting of faculty member UNC shooting – latest: Graduate student charged with murder of faculty member on Chapel Hill campus

By Jonathan Stempel A U.S. judge has rejected Burger King's bid to dismiss a lawsuit claiming that it

Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear signs that the labor market is cooling in a way that could reduce inflation

Kansas City Chiefs Rumors: One big threat remains in Chris Jones contract talks. Preseason standout Ihmir Smith-Marsette has been dealt. A Clyde-Edwards Helaire destination.

The number of available jobs in the United States shrank for the third consecutive month, dropping below 9 million for the first time since early 2021, according to the latest data released Tuesday by the Bureau of Labor Statistics.

Shohei Ohtani's abilities on the mound and offensively have ignited the league, and it could start an interesting trend.

RuPaul is a well-known and beloved drag queen, who has his own hit TV reality show

By Iain Withers LONDON A majority of large European banks reported a fall in deposits over the year

It was, not for the first time in football, a Jose Mourinho call that proved persuasive. The Roma manager last week rang Romelu Lukaku personally to say he was exactly what they were missing. “We have a good team but we are missing a champion,” Mourinho said. The Portuguese also explained to Lukaku exactly how he would work with Paulo Dybala. The hope is that the loan move reignites Roma’s faltering start to the season, and Lukaku’s career. Staying at Chelsea, while something that manager Mauricio Pochettino at least toyed with, was never really on. The club want to go in a new direction based on younger players developing in their career and capable of going to higher levels. That will be a consideration as they look for a forward in the final days of the window, although there is an expectation they will eventually move for Brentford’s Ivan Toney. The entire Lukaku situation says a lot about this summer’s market, and how it was influenced by the chase for forwards and Saudi Pro League money. The Belgian had a huge offer from the newly disruptive league from the off, that would have more than quadrupled his current wages. Lukaku wasn’t prepared to go there, though, and leave the top end of the game. It had long been anticipated that he would stay at Internazionale, where he was on loan last season, but there were already doubts in his mind. Lukaku felt he was back in top physical condition from the spring, with the goals to prove it, which made it all the more surprising that he was so often left on the bench for big games. Edin Dzeko might have been enjoying a late career surge, but the very fact that Inter manager Simone Inzaghi knew the Bosnian was leaving made it surprising that he didn’t seek to use Lukaku more. Lukaku felt it was better to move on, which is where Juventus came in. As with Roma now, a huge attraction in Juventus wasn’t just the status of the club but also the status of the manager. Lukaku was convinced by Max Allegri. There was just one major problem, as it turned out: Juventus first had to sell Dusan Vlahovic before bringing in Lukaku. This is what took the move so long. In talking with Chelsea about Lukaku, Juventus assured them there was a market for Vlahovic, and it was just a matter of time. That didn’t prove to be the case, despite a series of top clubs wanting strikers – including Chelsea themselves. All of them had Vlahovic on their list, but quite far down. It is quite an unexpected development for a player who turned down Arsenal over a year ago, although unfortunate fitness issues haven’t helped. Either way, Bayern Munich were singularly focused on Harry Kane. Paris Saint-Germain are likely to get Eintracht Frankfurt’s Randal Kolo Muani, and Vlahovic isn’t seen as a good fit for new PSG manager Luis Enrique in any case. Manchester United were never interested, as they pursued Rasmus Hojlund. “There was no place for him on the chessboard,” in the words of one involved figure. It got to the point where Juventus even turned around and offered Vlahovic to Chelsea. It never happened, though, which left the forward frustrated. There was also the complication that Chelsea were at that point insistent on Lukaku moving on a permanent transfer rather than another loan. It was then that Roma and AC Milan came in, and delicate negotiation was required by Roc Nation’s Alan Redmond and Michael Yormark, as well as Belgian lawyer Sebastien Ledure. The former had the benefit of a good relationship with Chelsea, as Roma took the lead by having Mourinho speak to the player and eventually sending a party to London to do the deal over the weekend. The Portuguese was adamant they don’t come back without getting it done. Milan never went so far, although the interest from almost all of the country’s major clubs reflects Lukaku’s reputation in Italy, where has been hailed as “the king of Serie A”. After long negotiations, and a lot of details to be finalised, a deal on a loan fee was eventually struck. Roma and Lukaku will now press ahead seeking to fire their season. Chelsea will press ahead trying to bring in one more forward before the window closes. Another domino in this interconnected forward market has gone, though. Whether that clears the way or makes it harder to navigate remains to be seen. Read More Chelsea’s Academy stars can rise to Carabao Cup challenge – Mauricio Pochettino Roma set to sign Chelsea striker Romelu Lukaku on season-long loan Roma officials fly to London for talks with Chelsea over Romelu Lukaku loan deal Chelsea transfer news: Balogun, Olise, Lukaku, Chalobah and more Football rumours: Manchester City turn attention to Palace’s Eberechi Eze Mauricio Pochettino says Chelsea and Romelu Lukaku must share blame for standoff