Month: May 2024
Kohl’s stock plummets 20% after massive earnings miss
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s shares plummeted more than 20% in early trading Thursday after the company posted a surprise loss per share, coming in well below Wall Street’s expectations for a slight profit. Here’s how Kohl’s did in its fiscal first […]
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37% of People in america paid out a late payment in the previous 12 months, report finds
Important Factors About 37% of Americans have been charged a late charge on some kind of bill in the final 12 months, in accordance to a new report by NerdWallet. “Late fees are just just one consequence of generating late payments,” explained Sara Rathner, a journey and credit score playing cards qualified at NerdWallet. Source
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Argentina’s ‘anarcho capitalist’ Milei meets with Sam Altman, Tim Cook and Sundar Pichai in a bid to spur investment
Argentina’s President Javier Milei waves during the commemoration of the 214th anniversary of the May Revolution that led to the independence from Spain, at Plaza San Martin in Cordoba, Argentina, on May 25, 2024. Diego Lima | Afp | Getty Images Argentina President Javier Milei met with leaders of some of the world’s largest tech […]
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A top secret meeting is kicking off in Madrid with the CEOs of Google DeepMind, Anthropic and Microsoft AI in attendance
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images The CEOs of artificial intelligence heavyweights Google DeepMind, Microsoft AI, Anthropic and Mistral AI are among the elite […]
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New basketball league Unrivaled lands star-studded investor lineup, aims to pay highest average salary in women’s pro league sports
Napheesa Collier #24 of the Minnesota Lynx shoots a free throw during the game against the New York Liberty on May 25, 2024 at Target Center in Minneapolis, Minnesota. Jordan Johnson | National Basketball Association | Getty Images A new women’s basketball league has attracted a star-studded roster of investors from the media and sports […]
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Boeing’s 90 days to hand in a safety plan to the FAA are up. Here’s what to expect
Boeing 737 Max 8 fuselages manufactured by Spirit Aerosystems in Wichita, Kansas are transported on a BSNF train heading west over the Bozeman Pass March 12, 2019 in Bozeman, Montana. William Campbell | Corbis News | Getty Images Boeing CEO Dave Calhoun and other top company leaders are scheduled to meet with the Federal Aviation […]
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Temperatures in India hover at record highs as heatwave grips the country
NEW DELHI, INDIA – MAY 29: Residents of JJ Cluster Vivekanand Colony at Chanakyapuri fill up water from a tanker in the morning on May 29, 2024 in New Delhi, India. (Photo by Vipin Kumar/Hindustan Times via Getty Images) Vipin Kumar | Hindustan Times | Getty Images A record heat wave has engulfed India’s capital […]
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Stocks making the biggest moves premarket: Salesforce, Kohl’s, Foot Locker and American Eagle Outfitters
Check out the companies making headlines before the bell. Salesforce — Shares of the cloud software vendor plunged 16% after the company reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations. Revenue in the fiscal first quarter increased 11% from a year earlier, marking the first time since 2006 that Salesforce fell short […]
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Trump trial live updates: Jury to re-hear David Pecker testimony on second day of deliberations
Justice Juan Merchan instructs the jury before deliberations as Republican presidential candidate and former U.S. President Donald Trump looks on during his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, at Manhattan state court in New York City, U.S. May 29, 2024 […]
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Best Buy posts another quarter of sluggish consumer electronics demand
A Best Buy store stands outside of a Brooklyn mall on August 29, 2023 in New York City. Spencer Platt | Getty Images Best Buy missed Wall Street’s quarterly sales expectations on Thursday as softer demand for consumer electronics persisted. The retailer beat on earnings per share, though, and stuck by its full-year forecast. It […]
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