Target reaffirms 2018 outlook as it makes online push
NEW YORK (Reuters) - Target Corp (TGT.N) shares pared losses to trade down 5 percent on Wednesday as investors weighed a lower-than-expected quarterly profit against the retailer's unchanged full-year outlook. FILE PHOTO: Shopping carts are seen at ...
Target Sales Get Lift From Remodels but Spending Squeezes MarginsWall Street Journal
Beer, boots and groceries drive Target sales, but earnings still miss and shares diveUSA TODAY
Target's shift to digital is painfulCNNMoney
Business Insider -Zacks.com -TheStreet.com -Bloomberg
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How the just-passed banking overhaul bill affects consumers
Legislation that eases banking regulations — and modifies rules governing credit reports and some consumer loans — has cleared Congress and is headed to President Donald Trump for his expected signature. The bill, which was approved by the Senate in ...
Congress just approved a bill to dismantle parts of the Dodd-Frank banking ruleNBCNews.com
Dodd-Frank rollback: 5 things to know about bill to cut banking regsCBS News
Bank Stocks Slump After Congress Greenlights Dodd-Frank RollbackTheStreet.com
Quartz -Motley Fool -Fox Business
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Democrat Stacey Abrams came closer to possibly becoming the first woman and first African-American to serve as Georgia’s governor, after securing her party’s nomination.
Comcast Says It's Ready to Outbid Disney for 21st Century Fox
Confirming weeks of rumors, Comcast said Wednesday that it is in “advanced stages” of preparing an all-cash offer for entertainment assets of 21st Century Fox — in a move to outflank Disney's $52.4 billion offer for Fox. Comcast said that any offer ...
Comcast Confirms It Is Preparing Bid for 21st Century Fox Assets, Threatening Disney DealWall Street Journal
Comcast Confirms That It May Challenge Disney Over Fox: DealBook BriefingNew York Times
Comcast Confirms Plan To Counter Disney With Richer, All-Cash Offer For FoxDeadline
Bloomberg -Hollywood Reporter -TheStreet.com -Fortune
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Secretary of State Mike Pompeo told the House Foreign Affairs Committee that the denuclearization of North Korea was the top national security priority.
Travelers are finding places they’d actually want to stay the day before they fly instead of the usual dreary spots good only for their convenience.
The U.S. Education Department opened investigations into whether scholarships and professional networking groups intended to support women at Yale University and the University of Southern California violate federal law by discriminating against men.
Sling TV has a secret weapon to win over cord-cutters–the humble TV antenna
Dish Network's Sling TV has always been one of the best streaming channel bundles for antenna users. While rivals like DirecTV Now and YouTube TV make customers pay for the same broadcast networks they can get over the air for free, Sling omits them ...
Dish's new AirTV broadcasts over-the-air channels to all your devicesEngadget
Watch free local channels at home, on-the-go with new AirTVPR Newswire (press release)
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Wall Street drops as Trump fuels uncertainty over trade talks
(Reuters) - U.S. stocks fell on Wednesday after President Donald Trump injected a fresh dose of uncertainty into the outcome of U.S.-China trade talks by suggesting that any possible deal needed “a different structure.” FILE PHOTO: Traders work at the ...
US STOCKS SNAPSHOT-Wall Street opens lower as optimism over trade talks recedesNasdaq
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Consumer groups ask US agency to probe Tesla 'Autopilot' ads
SAN FRANCISCO (Reuters) - Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc's “deceptive and misleading” use of the name Autopilot for its assisted-driving technology.
Taser Company Copies Elon Musk's Moonshot Pay PackageBloomberg
Elon Musk: Model 3 Braking Can Be Fixed in Firmware. What?ExtremeTech
Tesla to rally 50% because media negativity is 'increasingly immaterial': BairdCNBC
PR Newswire (press release) -Fast Company -San Francisco Chronicle -The Week Magazine
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Target's profit below estimates as margins weaken, shares tumble
NEW YORK (Reuters) - Target Corp posted a smaller-than-expected increase in first-quarter profit, pressured by continued investments in its supply chain and online operations even as sales rose, sending its shares tumbling 8 percent in pre-market trade.
Target shares sink as earnings fall short, sales hurt by spring weatherCNBC
Target's stock tumbles as profit miss offsets sales beatMarketWatch
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The world’s two most valuable technology companies, Apple and Amazon, are shopping for cities in which to build new corporate campuses. But with one of them, you would hardly know it.
Lowe's Reports First Quarter Sales And Earnings Results
PR Newswire (press release)
MOORESVILLE, N.C., May 23, 2018 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $988 million and diluted earnings per share of $1.19 for the quarter ended May 4, 2018, compared to net earnings of $602 million and ...
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Lowe's Cos. (LOW) Misses Q1 EPS by 8c, Miss on Revenues; Offers FY18 EPS Mid-Point Outlook Below Consensus - StreetInsider.com
Lowe's Cos. (LOW) Misses Q1 EPS by 8c, Miss on Revenues; Offers FY18 EPS Mid-Point Outlook Below Consensus
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. Lowe's Cos. (NYSE: LOW) reported Q1 EPS of $1.19, $0.08 worse than the analyst estimate of $1.27. Revenue for the quarter came in at $17.4 ...
Lowe's Reports First Quarter Sales And Earnings ResultsPR Newswire (press release)
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Euro zone business slowdown suggests best days may be over
LONDON (Reuters) - Euro zone economic growth slowed much more sharply than expected this month, a business survey showed, which along with weaker inflation has intensified concerns there will be no return to the bloc's recent boom times.
Eurozone Business Activity Continues to Slow for Fourth Straight MonthWall Street Journal
Euro-Area Economy Awaits Rebound Suppressed by Temporary FactorsBloomberg
Eurozone economy's slowdown may be longer than expectedCharlotte Observer
24/7 Wall St. -Financial Times
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Seattle struggling to pay for bike lanes, as costs for 'visionary' project balloon to $12 million per mile: report - Fox News
Seattle struggling to pay for bike lanes, as costs for 'visionary' project balloon to $12 million per mile: report
The cost of Seattle's ongoing effort to build bike lanes has ballooned to up to $12 million a mile, in another setback for the progressive city's leadership that has repeatedly spent big on social projects only to realize less-than-stellar results ...
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Dodd-Frank rollback; Zuckerberg upsets Europe; Emerging markets pain
1. Dodd-Frank rollback: The US Congress on Tuesday approved a bill aimed at loosening regulations covering thousands of banks. The financial crisis era rules -- called the Dodd-Frank Act -- were designed to make banks safer. The bill will provide ...
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Barclays, Join the List of Jilted StanChart Suitors
The long-awaited marriage of Standard Chartered Plc is a story of three decades of yearning that's never found consummation. The latest potential suitor is Barclays Plc, which is reported by the Financial Times to be exploring a merger (read takeover ...
Barclays and Standard Chartered tie-up: Just a fairytale?BBC News
Barclays has reportedly 'kicked around' the idea of merging with Standard CharteredBusiness Insider
Barclays is reportedly looking at a potential merger with Standard CharteredCNBC
MarketWatch -Financial Times
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M&S Faces Up to Past Errors as Food and Clothing Sales Decline
Marks & Spencer Group Plc owned up to its mistakes, saying it needs to close more stores and catch up to rivals in e-commerce as Chairman Archie Norman tries to pull the U.K. retailer out of a crisis that has dragged on for more than a decade. The ...
Marks & Spencer 2018 pretax profit plummets 62%MarketWatch
Britain's M&S sees profit fall for second straight yearReuters
Store closure charges wipe out Marks and Spencer profitsFinancial Times
Irish Times -The Guardian -Telegraph.co.uk
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Las Vegas casino workers vote to authorize strike
Tens of thousands of hotel and casino workers have voted to authorize a strike next month at dozens of casinos and resorts if their contracts are not renewed before they expire at the end of May, the Culinary Union announced late Tuesday. Ninety-nine ...
Vegas casino workers approve strike that may hobble famed resortsChicago Tribune
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