Major downtown Cleveland traffic changes

CLEVELAND (WJW) — Road construction starting Friday, June 13, will fundamentally change two high-traffic streets in downtown Cleveland.
The Huron & Prospect Streets for People project, happening between East 9th Street and Ontario Street, will add new 'sidewalk patios, protected bike lanes, safer crosswalks and improved traffic flow,' reads a Thursday news release from the city.
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It's expected to take a week to finish, weather permitting. When it's done, cars will move one-way east on Huron Road and west on Prospect Avenue, according to the release.
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The project is part of Cleveland Moves, a five-year transportation plan that takes motorists, cyclists, bus riders and pedestrians into consideration.
'Cleveland Moves establishes a comprehensive strategy that builds on the city's ongoing work to make it safer, more comfortable and more convenient to walk, bike, roll and take transit through Cleveland,' reads the release.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Miami Herald

2 hours ago

• Miami Herald

Walmart delivers Amazon some really bad news

While Walmart (WMT) has been the industry leader for many decades when it comes to general retail, there's been proof as of late that Amazon (AMZN) is coming for its crown. In February 2025, it was reported that Amazon had dethroned Walmart in quarterly revenue for the first time ever, scoring $187.8 billion in Q4 2024, while Walmart brought in $180.5 billion. Don't miss the move: Subscribe to TheStreet's free daily newsletter While Amazon has long been nipping at Walmart's heels, this marked a new level of competition between the retail giants, and it's a war that will likely be riveting to watch as it continues to develop. Related: Walmart responds to outrage over return of a harsh policy In an effort to compete with Amazon's Prime service, which originally launched in 2005, Walmart launched its own service in 2020 called Walmart+, which offered free shipping, Scan and Go perks in the Walmart app, and fuel discounts at participating stations. The problem, of course, is that Amazon had a 15-year head start - but that doesn't mean Walmart shouldn't aim for a slice of the pie. That said, Amazon Prime last reported 180 million subscribers as of March 2024, according to Consumer Intelligence Research Partners, while Walmart+ is estimated to have about 17.2 million, per a Morgan Stanley survey. But it looks like Walmart just might have gained an edge on Amazon. New data taken over the last year reveals that a survey of Amazon Prime members opted to buy their groceries online from Walmart instead of via Amazon, per Coresight Research. More Retail: Huge retail chain suddenly closing hundreds of storesMajor retailer scores huge benefit from Joann bankruptcyHome Depot, Target, Ulta and more strike back at retail crime The survey, which included 2,004 U.S. consumers Coresight spoke with April, as well as the insights culled from similar-sized groups over a seven-year period, shows that just shy of 60% of Prime subscribers bought groceries online from Walmart in the last year. In that same period, only 52% of Prime members turned to Amazon for their grocery shopping. But Walmart saw 79% of its Walmart+ subscribers buy groceries online during that time, showing stronger loyalty. Related: Walmart shares new service that's better than Amazon Online grocery shopping overall is dropping, but just slightly, with Coresight reporting that 53.6% of respondents bought groceries online last year, as compared to 56.3% during the prior year. While Walmart has long been known for catering to the needs of lower-income customers, it showed a surprising new trend in 2024: it's also attracting more affluent consumers. A growing base of new customers drove strong growth for Walmart's grocery business in the first half of 2024, per data from a Brick Meets Click report called Profiling the Online Shopper: eGrocery Purchase Patterns in the U.S. In the meantime, Walmart recently shared that it will enrich grocery offerings as part of its new "Store of the Future" rollout, including a Hispanic bakery section, a fresh tortilla maker, a sushi station, and more. Amazon also is taking steps to continue to pull in grocery customers, such as allowing them to buy items from Whole Foods, and Amazon Fresh in a single order. Related: Walmart takes a major step in a bold new direction The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Yahoo

2 hours ago

• Yahoo

Is Visa Stock a Buy Now?

Visa's stock recently dropped on news that major retailers may shift to stablecoins. The payments giant has paid and raised its dividend for 15 consecutive years. Visa has other challenges, too, as it continues to face anti-trust lawsuits. 10 stocks we like better than Visa › Shares of Visa (NYSE: V) dropped by 7% on June 14 after The Wall Street Journal reported that retail giants Walmart and Amazon are exploring the launch of their own stablecoins. The development raises serious questions about the future of traditional payment networks, especially as retailers become increasingly frustrated with the fees associated with them. Let's examine Visa's stance on stablecoins, its recent earnings, and valuation to determine whether its stock is a buy, sell, or hold. Stablecoins are digital tokens designed to maintain a steady value by being pegged to traditional currencies, such as the U.S. dollar. Backed by reserves of cash or cash-equivalent assets such as Treasury securities, they are primarily used to hold value or facilitate transactions within the broader cryptocurrency ecosystem. For retailers like Amazon and Walmart, the idea is that stablecoins could reduce settlement delays, eliminate interchange fees, and ultimately become less dependent on payment processors such as Visa and its closest competitor, Mastercard. Visa's management isn't blind to the shifting landscape. The company offers a seven-day-a-week stablecoin settlement, having recently surpassed $200 million in cumulative stablecoin volume. Visa CEO Ryan McInerney described the nascent, but fast-growing opportunity: It's still early, but we do see real potential, which is why we've been investing in the crypto space broadly in the stablecoin space specifically for many years now. We've built up a team of real experts that I think are very well respected among the ecosystem, but it's early. On the one hand, $200 million is a great kind of milestone. On the other hand, it's still a relatively, a very small portion of our overall settlement volume. Additionally, Visa is actively exploring programmable finance through initiatives like its Tokenized Asset Platform, which aims to help banks securely issue and manage stablecoins. One of its early partners, BBVA Argentina, plans to roll out the pilot stablecoin project with Visa sometime in 2025. While it remains unclear whether stablecoins will achieve widespread adoption, Visa is taking steps to ensure it maintains a central role if they do. Meanwhile, lawmakers in Congress are working on a regulatory framework that would set clear rules for stablecoins, including pathways for private companies to issue them under federal oversight. Despite the potential risk that stablecoins may pose to Visa's core business, its operations remain resilient. In its fiscal Q2 2025 earnings report, Visa posted 9% revenue growth, generating $9.6 billion. Looking at its bottom line, the company generated $4.6 billion in net income, a 2% year-over-year decline, primarily due to a $992 million litigation provision associated with an ongoing multibillion-dollar lawsuit over its interchange fees. When adjusting for that expense and other special items, Visa would have generated $5.4 billion in net income, a 6% year-over-year increase. While slower earnings growth and ongoing legal challenges may disappoint some, Visa's fundamentals remain intact, enabling management to return a substantial amount of capital to shareholders through dividends and share repurchases. Aided by $7 billion in net cash on its balance sheet, Visa's board of directors recently increased the company's dividend for the 16th consecutive year. Today, the company pays a quarterly dividend of $0.59 per share, which equates to an annual yield of 2.3%. With a payout ratio -- the percentage of earnings a company pays out in dividends -- at only 22.3%, investors can reasonably expect annual dividend increases in subsequent years. As for Visa's share repurchases, over the past three years, the company has reduced its share count by 9.2%. And in the most recent quarter, Visa's management spent $4.5 billion (nearly all of its net income) on buying back its stock. Building on that momentum, the board of directors approved a new $30 billion buyback program, reinforcing the company's commitment to boosting shareholder value through continued reduction in outstanding shares. Visa's dominant position in global payments isn't easily threatened. Its massive network, regulatory know-how, and deep ties with banks give it a powerful moat. Even if stablecoins gain traction, Visa has the resources and partnerships to play a central role in how they're issued, transacted, and regulated. Still, the stock isn't cheap. With shares trading at 36 times earnings -- their richest multiple in three years -- much of the bullish outlook may already be priced into the stock. The bottom line? Visa remains one of the most established players in the global payments industry, and its proactive investments in stablecoins suggest it won't be left behind. However, given valuation concerns, investors may want to continue holding on to their Visa stock rather than buying it at its current price. Before you buy stock in Visa, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Visa wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Collin Brantmeyer has positions in Amazon, Mastercard, and Visa. The Motley Fool has positions in and recommends Amazon, Mastercard, Visa, and Walmart. The Motley Fool has a disclosure policy. Is Visa Stock a Buy Now? was originally published by The Motley Fool

CNN

3 hours ago

• CNN

We tested LeBron James' The Shop grooming line to see if it's GOAT material

The Shop men's grooming quick picks An invigorating scrub: The Shop Face Wash Daily Exfoliating Cleanser A generous moisturizer: The Shop Face Lotion Daily Hydrator Kind on your scalp: The Shop 2-in-1 Hair Wash Daily Moisturizing Shampoo LeBron James' status as the GOAT of basketball is much debated, but we put the legend's hooping acumen aside to dissect the pros and cons of a different section of the 21-time NBA All-Star's résumé: his line of men's grooming products, The Shop. First released in the spring of 2024, it's a lineup of seven grooming solutions designed to work for all guys, regardless of their skin care and hair care needs. The brand remains rooted in the same barbershop culture as James' talk show of the same name. 'The barbershop for me growing up was always that place where you can be your true self and come out an even better version of yourself,' James told CNN Underscored over email. 'It's where I learned about life, sports, food, music, the latest news. You name it, I learned about it from the male figures and people I looked up to in the barbershop.' Affordability was a driving force behind the project, with every product just $10 and now available online and in stores at Walmart. 'We wanted these products to be accessible to everyone — not just for a select few, but for every guy looking to simplify their routine and get what they need efficiently,' James said. 'It goes back to the 'look good, feel good' mantra that I latched on to when I was young.' James' intentions are pure, but as with any celebrity brand, we wanted to find out if any of these grooming products are actually good. So, we stocked five CNN Underscored product reviewers with the entire line and had them overhaul their routines for a month. Some of the products became instant favorites we'd buy again and again, while others split our panel with mixed reviews. Here are the results. The Shop Face Wash Daily Exfoliating Cleanser The word 'daily' isn't something we'd label this face wash with because it was too harsh on sensitive skin, but its exfoliating qualities made it a favorite of nearly our entire panel. The Shop claims this face wash is a twice-daily exfoliator, and that simply didn't line up with our assessment. It contains small exfoliating particles that were too abrasive for one tester with sensitive skin. Though they aren't microbeads, which have been banned from cosmetics since 2015, the particles had a similar consistency. That said, four of our five testers voted that they'd purchase this cleanser again. They loved how smooth and fresh it left their faces when only using it sparingly — one even went as far as to say it felt 'damn near luxurious.' One tester occasionally mixed it in his routine to complement his daily salicylic acid cleanser and noticed his skin looked brighter. What we liked: The inclusion of menthol provided an invigorating jolt in the morning, and while our testers wouldn't use this daily, they did appreciate how clean and fresh their faces felt after using the cleanser. What we didn't like: It felt too harsh for daily use and the physical exfoliating particles may irritate sensitive skin. Because the container is stored upside-down, it also often oozes out as soon as the cap is opened. The Shop Face Lotion Daily Hydrator Our testers couldn't agree on the scent of this moisturizer, but they did concur that a little dab from the 3.4-ounce container was enough to hydrate your whole face. More than one tester on our panel lauded the fact that 'a little goes a long way' when applying The Shop's face lotion. Most agreed that it wasn't too heavy of a layer on their face, and it was especially beneficial for rehydrating after a workout (which, unbeknownst to most of the panel, was what made this James' favorite product in the line). Three of our five testers agreed they would consider purchasing another bottle of the face lotion, with one noting that it would likely be making a permanent home in his toiletry bag when traveling. What we liked: This lightweight lotion delivers a hydrating effect and absorbs quickly into skin. Most of our testers didn't feel that it left them feeling greasy after applying. What we didn't like: The scent of this lotion (it packs an earthy smell reminiscent of grass clippings) and its lack of any SPF were our only two gripes. It would need to be paired with another product to protect against the sun. A few testers called out Harry's Daily Facial Lotion and Jack Black Double-Duty Face Moisturizer as alternatives. The Shop Shave Cream Soothing Skin Guard Shaving is a ritual of consistency. All our testers found this shaving cream to be a worthy alternative to the lubricants they're used to. Our panel had a wide range of shaving needs, so we tried this shave cream on our faces, bodies and even our heads. The best endorsement we can give is that none of our testers found this to be a step down from the lubricant they usually deploy, whether that be a gel or an oil. The head shaver in our group used The Shop's cream multiple times to shave his entire noggin and came away without a single nick. The consistency of the cream is not very foamy but rather one that creates a thin layer across your skin. Razors glided through and left smooth skin behind for a clean shave. What we liked: It worked for a variety of shaving needs, including body and head shaves, and all our testers reported smooth results with each pass. What we didn't like about: Not much. The only request from our testing panel was a smaller size that could accommodate travel restrictions; it currently is only sold in a 7-ounce tube. The Shop Aftershave Toner Anti-Bump Solution Our group was split on the sting that came with applying this toner after a close shave. It's not among our top recommendations from The Shop. While one of our testers appreciated the soothing qualities of this toner after a shave, he admittedly is not a frequent shaver. The rest of our group was undecided on the benefits. The woodsy scent was pleasant, but three testers reported more sting than usual when applying the toner after shaving. As far as signs of irritation go, it helped prevent razor bumps but couldn't fully eliminate lingering redness on one individual's neck. This is one product in the line that is probably worth trying for $10, though your personal experience could vary from ours. What we liked: This toner reduced irritation for multiple skin types when applying after a shave. What we didn't like: Several of our testers experienced a stinging sensation that wasn't as soothing as intended. The Shop Beard Cream With Leave-In Conditioner For transparency and comprehensiveness, we're including The Shop's Beard Cream. Most of our panel prefers a clean-shaven look, so this did not get enough use in testing to form a fair assessment. None of our testers maintain facial hair long enough to require beard cream. It's intended to give your beard a shiny look while also hydrating the skin beneath it. The Shop 2-in-1 Hair Wash Daily Moisturizing Shampoo The value in this 12-ounce bottle made this one of the best 2-in-1 hair washes our testers have tried. Two of our testers are bald or nearly bald, so we had a smaller sample size of opinions on the 2-in-1 hair wash. Still, the remaining three participants were wowed by the results for a $10 2-in-1 product. Typically, you're sacrificing quality to put shampoo and conditioner into a single product. Here, though, we found the subtle scent and cleansing capabilities to be pleasantly surprising. The Shop's hair wash lathers into hair and massages the scalp, leading to a moisturized feel that isn't dry or flaky. One individual felt that he would need to supplement it with an additional conditioner to achieve the desired softness he prefers in his hair. What we liked: It hydrated our testers' scalps to an extent that far outperformed a $10 product. What we didn't like: One of our testers found it to lack the conditioning he would want in a true 2-in-1 product. We also found that the bottle pours too fast, leaving you with more shampoo in your hands than needed. The Shop Nourishing Hair Pomade This pomade worked for multiple hair types in our testing panel, though all participants said they'd likely return to their usual hair-styling product for better results. Two of our testers have thicker, straight hair, while another has short 3A curly hair. The Shop's Nourishing Hair Pomade worked to a varying degree for each of them and lasted throughout the day, so there's something to be said about the product's versatility. But while other items in the line outperformed their price point, the hairstyling pomade fell short. Among the complaints we heard from our panel was that it was hard to remove from the container, it had a waxy feeling and it produced a shiny (and perhaps greasy) appearance. This wasn't a standout product compared to other options on the market. What we liked: This pomade held throughout the day. All the testers who used it found it easy to apply with just a small dollop. What we didn't like: No one on our panel said they would buy it again because it didn't produce the look they typically go for. It worked better in straight hair than curly hair. To assess LeBron James' line of men's grooming products, The Shop, five CNN Underscored staffers with varied skin types, hair types and grooming needs, tried them for a month. Senior tech editor Mike Andronico has balanced skin and shaves his head. He maintains a simple skin care routine that he's started to put more effort into in recent years, especially with daily cleansing and moisturizing. Strategy and operations manager DaVonne Bacchus has normal to dry skin. He has a complete daily skin care routine consisting of cleansing twice a day, toner, vitamin C serum, face lotion and sunscreen. Associate testing writer Joe Bloss has normal to oily skin and maintains a borderline-bald buzz cut. He shaves twice a week and uses a cleanser and a moisturizer twice daily. He looks for products to help develop a better, more comprehensive skin care routine. Associate programming editor Kevin Martinez has dry skin and short, 3A curly hair. He has a basic routine and has previously tested under-eye patches. Copy chief Daniel Toy has oily, sensitive skin and thick, fast-growing hair. He generally uses Cetaphil face wash and Harry's products for his daily routine, though he's always looking for anything easy on his sensitive skin. Where can I buy LeBron James' The Shop grooming line? Where can I buy LeBron James' The Shop grooming line? The Shop line of products does have a shoppable page on the Uninterrupted website run by SpringHill, the entertainment company founded by James and his business partner Maverick Carter. The Shop is also sold at Walmart and CVS, though the latter didn't carry the brand's hair care products as of this writing. Does LeBron James' The Shop men's grooming line have a subscription? Does LeBron James' The Shop men's grooming line have a subscription? While there is no subscription plan directly through The Shop's website, you can subscribe to recurring purchases at Walmart. However, it doesn't lower the price compared to one-off purchases. Is LeBron James' The Shop men's grooming line suitable for daily use? Is LeBron James' The Shop men's grooming line suitable for daily use? Our testing found some products to be great for daily use, while others were better fits to be used every few days or once a week. The face wash, for example, provided a rigorous exfoliation that's too harsh as a daily cleanser. Several testers, however, liked the face lotion enough to consider it for inclusion in their daily routines. CNN Underscored has a team of skilled writers and editors who have many years of experience testing, researching and recommending products, and they ensure each article is carefully edited and products are properly vetted. We talk to top experts when applicable to make certain we are testing each product accurately, recommending only the best products and considering the pros and cons of each item. For this article, a panel of five CNN Underscored editorial staffers tested The Shop's grooming products for a month. They replaced products in their usual skin and hair care routines to see how The Shop altered the results they saw. Associate testing writer Joe Bloss, who has covered other grooming content for CNN Underscored such as the best men's razors, compiled the panel's thoughts and wrote this review.