Costs

WarCraft Arclight Rumble impressions: High production values, questionable costs

WarCraft Arclight Rumble impressions: High production values, questionable costs

Enlarge / Welcome to the mini-styled smartphone-RTS universe of WarCraft Arclight Rumble. Blizzard Blizzard Entertainment’s first real-time strategy game for smartphones, WarCraft Arclight Rumble, is slated to launch on iOS and Android later this year, with a tech beta going live sooner in various regions. Ahead of that launch, we were invited to test the …

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Target Stock Sinks 25% on Earnings Miss, High Costs

Target Stock Sinks 25% on Earnings Miss, High Costs

Target Corp. TGT -24.24% shares tumbled after the retailer posted lower quarterly earnings and said it would absorb higher costs this year rather than raise its prices. Sales at the Minneapolis-based retailer increased in the most recent quarter as shoppers spent more on food and groceries and even luggage as they prepared to travel again, …

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Target shares sink more than 20% after company says high costs, inventory woes hit profits

Target shares sink more than 20% after company says high costs, inventory woes hit profits

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 April 30, compared with …

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Walmart Earnings Are Dented by Food Inflation, Staffing Costs

Walmart Earnings Are Dented by Food Inflation, Staffing Costs

Walmart Inc., WMT -9.82% like many of the families that shop in its stores, is getting squeezed by higher food prices and other rising costs. The country’s largest retailer by revenue said sales increased in the most recent quarter, but higher product, supply-chain and employee costs ate into profits, sending the retailer’s stock sharply lower …

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3 Bear Market Mistakes Investors Should Avoid at All Costs | The Motley Fool

3 Bear Market Mistakes Investors Should Avoid at All Costs | The Motley Fool

The Nasdaq Composite and Russell 2000 are already deep into a bear market — which is a decline of 20% or more from a previous high. And after this week’s sell-off, the S&P 500 is now just a few percentage points away from a bear market as well. Walt Disney, Amazon, Meta Platforms, Starbucks, and …

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The Companies Cutting Staff, Freezing Hiring or Slashing Costs: See the List

The Companies Cutting Staff, Freezing Hiring or Slashing Costs: See the List

Companies which saw substantial growth during the Covid-19 pandemic are starting to take a more cautious approach toward hiring and spending. SHARE YOUR THOUGHTS What is your outlook for the jobs market? Join the conversation below. Still, last week’s jobs report showed the labor market continued growing rapidly. And many businesses have struggled to fill …

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Gas prices: How your driving behavior impacts costs at the pump

Gas prices: How your driving behavior impacts costs at the pump

American Petroleum Institute President and CEO Mike Sommers weighs in, arguing that a long-term energy strategy is needed.  Record high gas prices have created stress for motorists across the nation, and many experts expect prices to remain elevated in the near future as demand for summer travel heats up.  On Thursday, the national average retail …

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Pennsylvania electric generation costs increasing up to 45% on June 1

Pennsylvania regulators are warning consumers that most utilities will be increasing their prices for electric generation on June 1. Energy supply costs will increase between 6% and 45% across the state for consumers who aren’t under contract with a supplier, according to the state’s Public Utility Commission. Most electric utilities in Pennsylvania reset rates on …

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Uber CEO tells staff company will cut down on costs, treat hiring as a 'privilege'

Uber CEO tells staff company will cut down on costs, treat hiring as a ‘privilege’

Uber will cut back on spending and focus on becoming a leaner business to address a “seismic shift” in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC. “After earnings, I spent several days meeting investors in New York and Boston,” Khosrowshahi said in the email, which was sent out late …

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