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a body blow for body shop. the company s uk operation looks set to appoint administrators. us stock markets hit record highs. we ll find why and what it means for the world s biggest economy. welcome to world business report. it was once a a magnet for shoppers looking for ethical beauty products on the high street. now, body shop s uk operation looks set to appoint administrators. that could mean shops closing and jobs being lost. it comes after body shop s new owner sold most of the operation in europe and asia. at the start of the year, body shop operated 3,000 stores in 70 countries. let s chat to retail analyst mark pilkington. what has gone wrong? body shop was originally a what has gone wrong? body shop was originally a campaigning what has gone wrong? body shop was originally a campaigning brand - what has gone wrong? body shop was originally a campaigning brand led - originally a campaigning brand led by people who believed in changing the world,, anita roddick use
UkOperationBody-shopAdministratorsBody-blowCompanyEconomyWorldUsStock-marketsHighsWorld-business-report multiple record closes since the start of the new year, and even closed above the 5,000 mark for the first time ever on friday that s after flirting with that number for days. the dow has also notched some record highs, and you can bet the nasdaq is up, as well. now, there are a few reasons why the us stock market is powering ahead. 0ne its earnings season, and a bunch of prominent companies have shown higher than expected earnings. two the tech sector, especially powered by enthusiasm over artificial intelligence. it s true for some of the biggest names in the industry like amazon, alphabet, apple, nvidia, microsoft and meta. three a blockbuster jobs report injanuary showed 353,000 jobs added, and unemployment staying at 3.7%. that s on par with historic lows, and that s great for the economy. what s also great is falling inflation that would allow the fed to cut interest rates, which would allow already strong companies to borrow more cheaply. now, all of this sou
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