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Check out the companies that make headlines in pre-market transactions. Macy’s – Department Store added more than 2% after the company reported revenues that beat the estimate. Macy’s also reduced profit outlook as a result of increased tariffs and more aggressive company promotions. OKTA – Identity Management Software Company has pulled back about 10% after enduring guidance, citing macroeconomic uncertainty. However, the company defeated first quarter forecasts on the top and bottom lines. After a downgrade to keep from a purchase at FreshPet – TD Cowen, the pet food stock was soaked by nearly 2%. The investment company said FreshPet’s…

A general view of the GameStop logo in one of the shops in the city centre of Cologne, Germany.ying tang | nuphoto | Getty ImagesGameStop said it officially bought 4,710 Bitcoin, worth more than $5 billion, as video game retailers launched crypto buying plans in a similar move that became famous by MicroStrategy.The purchase, the first investment in Bitcoin, was worth $512.6 million on Wednesday, with Bitcoin priced at $108,837. The world’s biggest cryptocurrency has been in tears recently, reaching a record high of nearly $112,000 last week.GameStop shares rose almost 3% in pre-market trading following the news. Memestock has…

Ancient bretard rises again as turkey recreates 5,000 year old loaf sphyorg Old Vanger World’s first electric car was a 100-year-old wooden frame and it’s still Ron – but the “Oil Law” drove it off the road (Kevin W) The world’s oldest fingerprints may be a clue to the Neanderthals’ creation of the Art Guardian (Kevin W.) They inhale xenon gas for days and enlarged Everest. Is that the future of Mountoneering? New York Times Dark Scienting Sea Sems (Kevin W). It’s mad at us. Doctors warn millions of people taking anti-inflammatory drugs and leave them open to daily mail…

The Sterling Bank app appeared on people’s phones.Adrian Dennis | AFP via Getty ImagesLONDON – UK online lender Sterling Bank on Wednesday reported a sharp decline in annual profits. This cited regulatory fines for the issue of business loan fraud in the Covid era and the failure of financial crimes.Starling, which offers fee-free checking accounts and lending services via the mobile app, fell 26% year-on-year to £223.4 million ($301.9 million) for the year ended March 31, 2025.Bank revenue totaled £714 million, up about 5% from £682 million the previous year. However, it marked a slowdown from revenue growth of over…

HANNAH BATES: Welcome to HBR On Strategy—case studies and conversations with the world’s top business and management experts, hand-selected to help you unlock new ways of doing business. Rafi Mohammed, founder of the consulting firm Culture of Profit, says that during a crisis, companies often instinctively slash prices to keep customers—or raise prices to capture sudden demand. But he says both of those reactions can be shortsighted and easily backfire. In this episode of HBR IdeaCast, Mohammed talks with host Curt Nickisch and offers alternative, more effective pricing strategies for uncertain times. Since their conversation took place in 2020, the crisis you’ll…

HANNAH BATES: Welcome to HBR On Leadership, case studies and conversations with the world’s top business and management experts—hand-selected to help you unlock the best in those around you. The best leaders are great teachers. That’s the title of an HBR article by Sydney Finkelstein—a management professor at the Tuck School of Business at Dartmouth. He says that leaders who coach, give clear feedback, and invest in their direct reports’ growth have better relationships and stronger performing teams. In this 2018 episode of HBR IdeaCast, Finkelstein talks with host Sarah Green Carmichael about how managers at all levels can adopt a…

South_agency | E+ |Getty ImagesExpenditures from foreign visitors are poised this year to drop by $8.5 billion this year, negative perceptions related to trade and immigration policies to show foreign tourists elsewhere, according to research notes released by Oxford Economics.The decline in spending is about 5% lower than last year, resulting in less pedestrian traffic. Alan Ryan, director of industry research at Tourism Economics, part of Oxford Economics, is expected to see an approximately 9% drop in international arrivals to the US last week.Companies and regions that rely on foreign tourists for business transactions can be particularly hit hard.Other estimates…

For all the talk of how incompetent our elites are, there’s one area where they show remarkable skill and determination: relentlessly creating conditions to shorten the lifespans of the disabled, poor, and working class. Let’s look at just a few of the many examples before examining potential reasons it’s becoming so much more brazen. In the US, policies to hurt the working poor and disabled are nothing new, but they’ve exploded in scope in recent years. Elites have collectively memory-holed an ongoing pandemic that has thus far officially killed more than 1.2 million (although that number is likely much higher),…

Yves here. Rob Urie describes below the many, yet often not terribly visible, inertial forces that will keep the Ukraine conflict alive in some form even if Russia achieves a battlefield victory. I am not as certain as Urie that the enormous discretionary spending that looks to have been significantly devoted to Project Ukraine can’t be redeployed so as to keep arms merchants busy, such as resorting depleted stocks and gearing up to harass our new baddie-in-chief, China. But it may be that the differences in weapons packages are significant enough so as to break a lot of rice bowls…

Propublica is a nonprofit newsroom that investigates power abuse. Sign up for Dispatches. This is a newsletter that spotlights misconduct across the country, where you receive your stories in your inbox every week. As he promoted the Trump administration’s “to make America healthy again” agenda, US Health and Benefits Secretary Robert F. Kennedy Jr. lamented the sacrifice that processed foods had on the health of Americans, especially Native Americans. The packaged food has a “hugely poisoned” tribal community when he met with tribal leaders last month and visited a Native American clinic in Arizona. A few weeks later, in testimony…