
Chongqing cemetery serves as serene Cultural Revolution warning
The vast cemetery is closed to the public for most of the year. One exception is during Qingming Festival, also known as "tomb-sweeping day." At this year's festival in early April, a man in his late 30s was visiting the cemetery.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
Domino's Pizza Inc (DPZ) Q2 2025 Earnings Call Highlights: Strong Growth in US and ...
Income from Operations: Increased 14.9% in Q2, excluding foreign currency impact. Global Retail Sales Growth: 5.6% in Q2, excluding foreign currency impact. US Retail Sales Growth: 5.1% in Q2, driven by same-store sales and net store growth. Same-Store Sales Growth: 3.4% in the US for Q2. Carryout Comps: Increased 5.8% in Q2. Delivery Growth: Positive 1.5% in Q2. Net New Stores in the US: Added 30, bringing the total to 7,061. International Retail Sales Growth: 6% in Q2, excluding foreign currency impact. International Same-Store Sales Growth: 2.4% in Q2. Net Store Growth Internationally: 148 new stores in Q2. Share Repurchase: Approximately 316,000 shares repurchased at an average price of $475, totaling $150 million. Refranchising Gain: $3.9 million pre-tax gain from refranchising 36 company-owned stores. Warning! GuruFocus has detected 4 Warning Signs with AGYS. Release Date: July 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Domino's Pizza Inc (NASDAQ:DPZ) reported strong results in the second quarter, with positive growth in both delivery and carryout businesses in the US. The launch of the Parmesan Stuffed Crust Pizza has been successful, attracting new customers and meeting high expectations. The company completed a national rollout with DoorDash, which is expected to be a significant driver of US sales in the latter half of the year. Domino's rewards program continues to grow, contributing positively to the company's comps, particularly in the carryout business. The refranchising of 36 company-owned stores in Maryland resulted in a pre-tax gain, strengthening the brand's position for long-term success. Negative Points The macroeconomic environment remains challenging, impacting financial results despite profit growth slightly ahead of expectations. Foreign currency fluctuations are expected to be a headwind, potentially impacting operating income growth. The international same-store sales growth is expected to be modest due to potential global macro and geopolitical uncertainties. The company faces pressure from a flat QSR pizza category, which could challenge sustained growth in the future. Corporate store margins were impacted by an insurance charge, highlighting potential vulnerabilities in the company's cost structure. Q & A Highlights Q: How does Domino's plan to sustain a 3% plus comp growth in the long term, given the current initiatives like Stuffed Crust and third-party marketing? A: Russell Weiner, CEO, emphasized that Domino's has consistently gained market share over the past decade, and the current initiatives like partnerships with aggregators and new product launches are not one-time events but part of a long-term strategy. The company has built a strong arsenal of tools, including a new loyalty program and e-commerce platform, to continue driving growth and capturing market share. Q: Can you provide more details on the US sales outlook for the second half of the year and the impact of initiatives like DoorDash and loyalty programs? A: Russell Weiner, CEO, mentioned that initiatives such as the "Best Deal Ever" promotion and the full rollout of DoorDash are expected to drive sales in the second half. Sandeep Reddy, CFO, added that the carryout business is performing well, supported by the loyalty program, and both delivery and carryout are expected to be positive for the year. Q: How does Domino's view the potential for DoorDash as a growth vehicle in the coming years? A: Russell Weiner, CEO, explained that Domino's aims to achieve its fair share on aggregator platforms like DoorDash and Uber Eats. The company sees significant potential for growth on these platforms, expecting to match its market share outside of aggregators over time. Q: What is the status of international market share gains, particularly in top markets like India? A: Russell Weiner, CEO, highlighted India as a success story, with strong adoption of the Hungry for MORE strategy. Initiatives like new product launches and operational excellence are driving growth. Sandeep Reddy, CFO, added that other markets like Canada and Mexico are also performing well, with strong adoption of the strategy. Q: How is Domino's addressing the current value-focused environment in the US pizza segment? A: Russell Weiner, CEO, stated that Domino's is well-positioned to thrive in a value-focused environment due to its strong franchisee economics, supply chain efficiencies, and large advertising budget. The company views consumer demand for value as an opportunity to gain market share, as it is better equipped than competitors to offer value while maintaining profitability. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
10 minutes ago
- Yahoo
'Gutted': Much-loved attraction announces its sudden closure
A much-loved attraction just outside East Kilbride has announced its sudden closure. High Cleughearn Fishery (HCF) on High Cleughearn Road revealed the gutting news on Facebook on July 19. In the post, the fishing spot said they had 'unfortunately' made the 'difficult decision' to close down. READ MORE: Glasgow cafe announced shock closure after eight years READ MORE: Major retailer announces shock closure of Glasgow city centre store The fishery said: "Unfortunately, we've had to make the difficult decision to close the fishery. "We'd like to thank all of those who supported us during our time at HCF." Following the news, devastated fishers flocked to the comments of the post to share their sadness about it. One said: "So sorry to read this news. Good luck with your next chapter." A second chimed: "Gutted is an understatement. Gave it your best shot, guys, all the best for the future." A third added: "So sorry to hear this. Great fishery." Meanwhile, another person wrote: "Sorry to hear this. I loved coming up and getting chats, and a bit of fishing."
Yahoo
10 minutes ago
- Yahoo
Labour announce plans to build £38bn Sizewell C nuclear plant
The government has announced the construction of the Sizewell C nuclear power plant in Suffolk will cost around £38 billion, with it being the biggest equity shareholder in the project. Energy secretary Ed Miliband has signed off on the final investment decision for the development, with the UK government investing a 44.9 per cent stake. New Sizewell C investors include La Caisse with 20 per cent, Centrica with 15 per cent, and Amber Infrastructure with an initial 7.6 per cent. It comes alongside French energy giant EDF announcing earlier this month it was taking a 12.5 per cent stake – lower than its previously stated 16.2 per cent ownership. A general view of main generator 1, at the Sizewell nuclear power plant in Suffolk (James Manning/PA) (PA Archive) The nuclear plant is expected to deliver clean power to the equivalent of six million homes and help save £2bn a year in electricity savings once operational. Rachel Reeves, the chancellor, said the multibillion-pound investment was 'a powerful endorsement of the UK as the best place to do business and as a global hub for nuclear energy'. 'Delivering next generation, publicly owned clean power is vital to our energy security and growth, which is why we backed Sizewell C. This investment will create thousands of good quality jobs and boost the local economy as we deliver on our plan for change,' she said. She later said that the Sizewell C announcement would reduce the UK's reliance on 'foreign dictators' for energy. 'This is something that politicians have spoken about for years and today we are actually delivering,' she told reporters. 'This is a public-private consortium. We as a Government are putting in money but that means that government – taxpayers – will get a return on that investment. The government's statement said the deal ended an 'era of dithering and delay' to give Sizewell C the go-ahead, which will support 10,000 jobs once operational. Mr Miliband said: 'It is time to do big things and build big projects in this country again- and today we announce an investment that will provide clean, homegrown power to millions of homes for generations to come. 'This government is making the investment needed to deliver a new golden age of nuclear, so we can end delays and free us from the ravages of the global fossil fuel markets to bring bills down for good.' Chris O'Shea, Centrica's chief executive, said Sizewell C was a 'compelling investment for our shareholders and the country as a whole'. 'This isn't just an investment in a new power station – it's an investment in Britain's energy independence, our net zero journey, and thousands of high-quality jobs across the country,' he added.