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May 24, 2022

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Abercrombie shares fall over 25% after retailer posts loss, offers weak outlook

CNBC
CNBC – For more and to sign up click here A person carries a bag from the Abercrombie & Fitch store on Fifth Avenue in New York City, February 27, 2017. Andrew Kelly | Reuters Abercrombie & Fitch shares cratered 25% in premarket trading Tuesday after the retailer reported an......

Israel’s Oil Refineries posts Q1 loss, refining margins rise

Reuters
JERUSALEM, May 22 (Reuters) – Israel’s Oil Refineries (ORL) (ORL.TA) swung to a loss in the first quarter, as a revaluation of futures contracts offset a jump in revenue amid a steep rise in global oil prices. ORL, Israel’s largest refining and petrochemicals group also known as Bazan, said on......

“Keeping The Class War Classy”: 73 Posts And Memes From “The Other 98%” Facebook Page With A Whopping 6.7M Followers

IA
The Other 98% is almost all of us. This is the idea behind the activist organization that uses their internet presence to fight for things like increasing minimum wage and opposing favorable tax treatment for large corporations. Originally founded by left-of-center activists John Sellers and Andrew Boyd in 2010, it......

“Childfree Humor”: People In This Online Group Who Choose Not To Have Kids Explain Why In 68 Funny And Spot-On Posts

IA
A Centers for Disease Control and Prevention report found that the US birth rate fell by 4% from 2019 to 2020, the sharpest single-year decline in almost 50 years, and the lowest number of births since 1979. With more and more people passing on the prospect of having children, childfree......

Generali posts smaller-than-expected net profit drop after Russia impairments

Reuters
The emblem of Italy’s insurer Assicurazioni Generali is pictured in Rome, May 13, 2013. REUTERS/Stefano Rellandini Register now for FREE unlimited access to Reuters.com Register MILAN, May 19 (Reuters) – Italy’s top insurer Assicurazioni Generali (GASI.MI) said on Thursday it posted a smaller-than-expected drop in Q1 net profit after impairments......

Online posts reveal Buffalo shooting suspect planned attack for months

CBS News
CBS News – For more and to sign up click here Online posts reveal Buffalo shooting suspect planned attack for months – CBS News Watch CBS News Federal authorities are combing through the Buffalo shooting suspect’s writings, which provide a detailed timeline of his planning of the attack. Jeff Pegues......

Truth Social has no ad revenue, but banks on exclusive Donald Trump posts

CBS News
CBS News – For more and to sign up click here Truth Social, the Donald Trump-backed social network, aims to attract an “open, free, and honest global conversation” on its platform “without relying on hostile Big Tech companies,” according to a new regulatory filing that offers a glimpse into the......

Emirates Airline, stung by soaring fuel prices, posts $1.1 billion dollar loss

CNBC
CNBC – For more and to sign up click here Aircraft operated by Emirates, at Dubai International Airport in the United Arab Emirates. Christopher Pike | Bloomberg | Getty Images Dubai’s Emirates Airline posted a loss of $1.1 billion in the year through March, up from a $5.5 billion loss......

Twitter Thread Has People Sharing Stories About Rich People That Reminded Them How Broke They Are (45 Posts)

IA
Since the beginning of the pandemic, the Institute for Policy Studies has been tracking the rapid growth of rich Americans’ assets, and it’s become one of the most disturbing reminders of inequality during a crisis that has devastated ordinary families. As the U.S. approaches 1 million deaths from Covid-19, the......

Norwegian Air posts Q1 loss, flags fuel cost impact on recovery

Reuters
Norwegian Air Sweden Boeing 737-800 plane SE-RRJ approaches Riga International Airport in Riga, Latvia January 17, 2020. REUTERS/Ints Kalnins Register now for FREE unlimited access to Reuters.com Register OSLO, May 13 (Reuters) – Norwegian Air (NAS.OL) posted a loss for the first quarter on Friday and said the surge in......

People Are Cracking Up At This “Funny Kids Test Answers” Instagram Page And Here Are 24 Of The Best Posts

IA
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Novavax posts first profitable quarter as Covid vaccine rolls out around the world

CNBC
CNBC – For more and to sign up click here Novavax on Monday reported its first profitable quarter as its Covid vaccine rolls out across several countries around the world, though the company still missed earnings and revenue expectations. Novavax reported net income of $203 million in the first quarter,......

Ja Morant Posts, Deletes Tweet Throwing Shade at Warriors

Sports Illustrated
SI – For more and to sign up click here Daniel Chavkin The Warriors defeated the Grizzlies on Saturday 142–112 to cruise to a 2–1 series lead. However, the tension that occurred in the game continued after the final horn blew. Ja Morant had to leave the game with a......

Under Armour stock falls as company offers weak guidance, posts unexpected loss

CNBC
CNBC – For more and to sign up click here The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour on Friday reported an unexpected loss and sales below analysts’ estimates as the company grappled with global......

Shell posts record quarterly profit, lifted by energy price surge

Reuters
The Shell logo is seen on a pump at a Shell petrol station in London January 30, 2014. REUTERS/Suzanne Plunkett Register now for FREE unlimited access to Reuters.com Register Shell adjust earnings hits $9.1 billion Results boosted by strong oil and gas trading LONDON, May 5 (Reuters) – Shell (SHEL.L)......

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