Business

In this article TGT Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales of discretionary items from TVs to bicycles. Shares fell about 22% in premarket trading. Here’s what Target reported for the fiscal first quarter ended
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In this article SAVE ULCC A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images The union that represents flight attendants at Spirit Airlines and Frontier Airlines on Tuesday backed the carriers’ planned merger, clearing a
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Netflix’s revelation that it lost 200,000 subscribers in the first quarter put further pressure on an already beleaguered tech sector, but top tech analyst Mark Mahaney believes the current weakness in the sector presents several opportunities for investors. Aaronp/bauer-griffin | Gc Images | Getty Images Netflix is laying off around 150 employees across the company,
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Aircraft operated by Emirates, at Dubai International Airport in the United Arab Emirates. Christopher Pike | Bloomberg | Getty Images Dubai’s Emirates Airline narrowed its losses to $1.1 billion in the year to March, even as soaring jet fuel costs threaten to overshadow a recovery in travel demand.  The world’s largest long haul carrier said revenue jumped 91% to $16.1 billion dollars, as
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Former Miami Heat player Dwyane Wade addresses the crowd during his jersey retirement ceremony at American Airlines Arena on February 22, 2020 in Miami, Florida. Michael Reaves | Getty Images Dwyane Wade likes taking chances when it comes to business. The retired three-time NBA champion, 40, has investments in media companies and consumer products. Wade,
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Loading chart… Tellurian Inc: “For younger people out there, listen to me. I want you to spend five bucks and buy this.” Loading chart… BigCommerce Holdings Inc: “I can’t play ball on that one.” Loading chart… Block Inc: “They did a very good job [in their latest quarter].” Loading chart… Regal Rexnord Corp: “I’m not
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Micron chief executive Sanjay Mehrotra told CNBC’s Jim Cramer on Thursday that the market for enterprise and desktop PCs remains healthy despite the personal PCs market experiencing a slowdown. “It’s not like anything is falling off the cliff,” Mehrotra said in an interview on “Mad Money.” “Yes, while consumer PCs lately are not experiencing the
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Loading chart… Cisco Systems Inc: “[Buy] slowly. … Don’t be aggressive in anything.” Loading chart… KKR & Co Inc: “You should be in Blackstone, not KKR.” Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market. Disclaimer Questions for Cramer? Call Cramer: 1-800-743-CNBC Want to take a deep dive
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