Macy's (NYSE: M) announced fiscal 2022 first-quarter earnings before the markets opened on Thursday, May 26. In its fiscal first quarter, which ended April 30, Macy's reported net sales of $5.35 billion. Thankfully for shareholders, supply shortages have not materially hurt Macy's. On the contrary, because the industry has seen shortages, Macy's capitalized on the decreased competitive pressure to sell products at higher margins.
Fed chief Jerome Powell cited "a lack of further progress" on inflation, but stocks rose, including AI leaders Nvidia and Super Micro. ASML earnings loom.
Sen. Bob Menendez may seek exoneration at his May bribery trial by blaming his wife, saying she kept him in the dark about anything that could be illegal about her dealings with New Jersey businessmen, according to court papers unsealed Tuesday. Several sentences in a January court filing by lawyers for the Democrat were unsealed in Manhattan federal court after some news organizations insisted that public disclosure was required. Menendez’s lawyers had redacted the documents, claiming that the sentences revealed trial strategy that could bias the jury pool.
The Kansas City Royals' game at the Chicago White Sox on Tuesday night has been postponed because of rain. Kansas City beat Chicago 2-0 in the series opener on Monday night. White Sox right-hander Jonathan Cannon takes the mound in the doubleheader opener for his big league debut.
A judge has temporarily blocked a bill banning gender-affirming care for transgender youth and prohibiting trans students from participating in athletics on teams that align with their identity.
Black immigrants turned out in the hundreds on Tuesday across from New York City Hall during a hearing about racial inequities in the city's shelter and immigrant support systems. Over 1,500 immigrants, mostly from Guinea, assembled in City Hall Park, after it became clear that only around a hundred people would be accommodated inside for the hearing. The City Council considered relatively minor proposals.
The Sunshine Coast Regional District (SCRD), is looking for input from the community to help guide the renovations of the Hopkins Landing dock. Last June, the dock was deemed unsafe to the public following a structural assessment. An SCRD staff report in June said that the greatest concern is the understructure of the approach and wharfhead. Also noted needing repair or replacement were bearing piles, concrete piles, mooring piles, cross braces, timber guards and float flange replacements. The r
The Cuyahoga Land Bank announced its Circle East District redevelopment project was awarded $2.3 million from a federal bill that passed in March.
One rejected juror who spoke to the BBC outside court acknowledged the challenge of remaining impartial.
NEW YORK (AP) — National Public Radio has suspended a veteran editor who wrote an outside essay criticizing his employer for, in his view, journalism that reflects a liberal viewpoint with little tolerance for contrary opinions. Uri Berliner, a senior editor on NPR's business desk, was suspended five days without pay, according to an article posted Tuesday by NPR's media correspondent, David Folkenflik. He wrote that Berliner was told he violated the company's policy that it must approve work do
The US dollar index is trading at a six-month high as hopes of a Fed rate cut fade, and it's come at the expense of several emerging-market currencies
Albies played through the broken toe, but hit the injured list after X-Rays revealed a fracture.
A former Denver Public Schools employee has stepped forward and accused the superintendent of keeping both the public and the school board in the dark about important issues.
In celebration of National Decorating Month, LGBTQIA+ collective, Corky's Painters, release a...
Rio Tinto aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, a senior executive said on Tuesday. The Arizona mine would, if developed, over its life produce more than 40 billion pounds (18.1 million metric tons) of copper and supply more than a quarter of U.S. demand, but it is strongly opposed by some Native Americans given concerns the project could destroy a site of religious and cultural import. That has placed Resolution at the center of a simmering debate about where best to secure copper and other critical minerals for the clean energy transition.
Cormani McClain, a five-star cornerback in the 2023 class who Deion Sanders flipped from Miami to Colorado, says he's entering the transfer portal.
Less than seven months until Election Day, the Biden campaign hosted an event in Milwaukee's Tuesday to mobilize Democratic voters on the issue of abortion.
Several protesters stormed within inches of Mayor Eric Adams as he delivered a speech Tuesday to a roomful of community activists on the Upper East Side. The incident occurred in the middle of Adams’ remarks at a breakfast hosted by the Association for a Better New York and ended with a security detail pushing protesters off the stage and escorting them from the venue. The protesters strode to ...
Newsome and Fields each coached up groups of girls on the team, giving them tips and tricks ahead of their scheduled weekend games.
The U.S. Interior Department's recommendation to end the project in its current form could come in an environmental analysis due later this week, the report said. The Interior Department did not immediately respond to a Reuters request for comment. The Ambler project sought to open a remote area rich in copper, zinc and lead and could yield deposits of rare earths used in weapons manufacturing.
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