Business

Target (TGT) Q1 2022 earnings

Target on Wednesday reported quarterly results well below Wall Street expectations, as the retailer faced high transportation costs, higher markdowns and weaker-than-expected sales of discretionary items, from televisions to bicycles. The shares fell about 22% in premarket trading. Here’s what Target reported for the fiscal first quarter ended April 30, compared to consensus estimates from …

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Stock market rebound fizzles, UK inflation hits 40-year high

LONDON, May 18 (Reuters) – A rebound in equities petered out on Wednesday as concerns over the outlook for economic growth and rising inflation rattled sentiment, while a British inflation reading of 9 % highlighted just how much interest rates could rise. Asian stocks managed to post their fourth consecutive session of gains, but in …

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Elon Musk reacts to Twitter staff dissing him, saying ‘We’re commie as f***’ | World News

Tesla CEO Elon Musk has commented on the leaked video of a Twitter employee openly admitting that Twitter has no freedom of speech and that his colleagues are ‘cocos as f***’ because the video has now gone viral on social media. ‘Is it legit?’ Elon Musk wrote on the video posted by journalist Benny Johnson. …

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Twitter Says Committed to Elon Musk Buyout Even As He Wavers

Twitter on Tuesday announced plans to finalize its $44 billion merger deal with Elon Musk. This despite Musk’s apparent hesitation in recent days to pursue negotiations. The two parties had agreed to rules that ensured the deal was done, including a clause that forced it to be done. Loading Something is loading. Twitter has said …

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Twitter says it’s committed to enforcing Elon Musk’s $44 billion buyout deal even as he appears to hesitate

Elon Musk.Andrew Kelly/Reuters Twitter on Tuesday announced plans to finalize its $44 billion merger deal with Elon Musk. This despite Musk’s apparent hesitation in recent days to pursue negotiations. The two parties had agreed to rules that ensured the deal was done, including a clause that forced it to be done. Twitter has said it …

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