In this article LEVI KSS Follow your favorite stocksCREATE FREE ACCOUNT Kohl’s Chief Executive Officer Michelle Gass Source: Kohl’s Kohl’s said Tuesday that CEO Michelle Gass is leaving for a new opportunity after the retailer came under pressure to shake up its leadership. In a separate release, Levi Strauss & Co. said Gass will join
In this article TTWO FDS Follow your favorite stocksCREATE FREE ACCOUNT Take-Two stock dropped more than 15% in extended trading on Monday after the company reported fiscal second-quarter 2023 results. It said its outlook in the current quarter and for fiscal 2023 would be lower than previously expected. Here’s how the company did: Loss: $1.54
Take a look at some of the biggest movers in the premarket: Take-Two Interactive (TTWO) – Take-Two tanked 17.4% in the premarket after the videogame publisher cut its bookings outlook for the year. Take-Two has been impacted by weaker mobile and in-game sales, although CEO Strauss Zelnick said the situation should improve within the next
Everyone approaches money differently, and I’ve always been fascinated by how the world’s wealthiest people do it. As a CEO and host of the podcast “We Study Billionaires,” I’ve interviewed 25 billionaires and more than 100 millionaires, including prominent investors like Howard Marks and Cathie Woods. What have I learned from them? For starters, rich
Westend61 | Westend61 | Getty Images The end of the year is one of the most important times for investors because there are so many decisions to make that impact their overall financial planning. This time around, the year’s end is marked with a lot of financial challenges, including inflation, market volatility, domestic political uncertainties
State recreational marijuana taxes are one of the hottest policy issues in the U.S. Currently, 19 states (Alaska, Arizona, California, Colorado, Connecticut, Illinois, Maine, Massachusetts, Michigan, Montana, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, Virginia, and Washington) have implemented legislation to legalize and tax recreational marijuana sales. This election season is full
In this article TSN Follow your favorite stocksCREATE FREE ACCOUNT Tyson Foods CFO John Tyson was arrested early Sunday in Arkansas after allegedly becoming intoxicated and falling asleep in the wrong house. Tyson, 32, was charged with public intoxication and trespassing and booked in Washington County jail. Tyson Foods is headquartered in Springdale, Arkansas. A
Pictured here is a Shanghai neighborhood under Covid lockdown on Nov. 7, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s Covid situation is only getting worse, preventing the country from stamping out the virus and relaxing controls. The daily case count surged to six-month highs over the weekend. Guangzhou indefinitely delayed its
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Rising mortgage rates, high home prices and uncertainty in the overall economy have Americans feeling more pessimistic about the state of the housing market. In October, just 16% of
Mark Ralston | Afp | Getty Images Whoever is the next jackpot winner in Powerball will be looking at the largest lottery prize ever awarded. The tax bill will also be pretty impressive. After no one hit all six numbers drawn Saturday, the Powerball jackpot headed higher. For Monday night’s drawing, it’s now an estimated
As Maryland’s elected comptroller, Peter Franchot (D) is technically the defendant in two cases challenging the state’s first-in-the-nation digital advertising tax, whether he likes it or not. These days, he doesn’t seem too happy about it. In a statement issued after a Maryland circuit court ruled against the tax on three separate grounds, Franchot said
A recreational marijuana smoker indulges in smoking weed on April 14, 2020 in the Bushwick section of the Brooklyn borough of New York City. Bruce Bennett | Getty Images Voters in a handful of states — including four that traditionally favor Republicans — are set to decide Tuesday whether to legalize recreational marijuana, paving the
In this article FIVN TRIP TTWO LYFT Follow your favorite stocksCREATE FREE ACCOUNT A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20,
It’s hard to imagine what it would be like to win Powerball’s $1.9 billion prize. But the reality almost always falls far short of the fantasy. “The curse of the lottery losers is very real,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One of the very first decisions a
A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity. Since May, however, about $1.5 trillion of that has vanished, according to Black Knight, a mortgage
courtneyk | E+ | Getty Images After a rough year for the stock market, investors may not expect to receive a surprise tax bill from year-end actively managed mutual fund payouts, experts say. When a fund manager sells underlying assets at a profit without losses to offset it, those gains are passed along to investors.
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In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Carvana were briefly halted Monday morning due to volatility, down by as much as 24% at one point to below $7 per share — its
Take a look at some of the biggest movers in the premarket: BioNTech (BNTX) – The drugmaker’s shares slid 3.4% in the premarket despite reporting better-than-expected quarterly profit and revenue. Results were down sharply from a year ago, with both profit and revenue off more than 40% from 2021’s third quarter. Berkshire Hathaway (BRK.b) –
Damon_moss | Istock | Getty Images This has been a year of opportunity for investors who took to heart the old Wall Street adage that “the time to buy is when there’s blood in the streets.” Indeed, a market drop can prove to best the best time to take advantage of various financial planning opportunities.