Israeli PM Benjamin Netanyahu speaks with US President Donald Trump at Ben Gurion International Airport on May 23, 2017 in Jerusalem, Israel. Kobi Gideon | GPO | Getty Images “Make new friends, but keep the old; Those are silver, these are gold.” That’s the line about friendship that some of […]
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Ulta shares plummet as profit and sales miss expectations and company slashes outlook
Scott Mlyn | CNBC Shares of Ulta Beauty tanked more than 20% after the company reported earnings after the bell Thursday that missed analysts’ expectations and slashed its outlook for the fiscal year. Here’s how the company did, according to a survey of analysts from Refinitiv: Adjusted earnings per share: […]
Ulta Beauty is tumbling on earnings, but one trader sees strength ahead
Investors are ditching Ulta Beauty in the extended session Thursday. Shares plummeted 13% after hours following an earnings and revenue miss. Comparable store sales also came in under expectations. Shares of Ulta are up more than 37% this year but still down nearly 9% from their 52-week high set in […]
Disney sells its stake in YES Network to investor group that includes Amazon in $3.47 billion deal
Jeff Bezos, founder of Amazon and Blue Origin speaks during the JFK Space Summit, celebrating the 50th anniversary of the moon landing, at the John F. Kennedy Library in Boston, June 19, 2019. Katherine Taylor | Reuters Disney announced Thursday it has sold its stake in the YES Network to […]
Hackers are going after colleges, leaving students at risk of identity theft
KTSDESIGN | Science Photo Library | Getty Images Hackers are increasingly targeting the education industry, leaving students’ information vulnerable to identity theft and other types of fraud. Colleges, training providers and other private educational companies received more malicious emails than any other sector in the first quarter of 2019, according […]
Democratic candidate Beto O’Rourke releases trade plan that would end Trump’s China tariffs
Democratic U.S. Presidential candidate Beto O’Rourke addresses the audience during the Presidential candidate forum at the annual convention of the National Association for the Advancement of Colored People (NAACP) in Detroit, Michigan, July 24, 2019. Rebecca Cook | Reuters Democratic presidential candidate Beto O’Rourke released a trade plan Thursday that […]
Tiffany beat profit expectations—but many millennials still aren’t buying diamonds
Why millennials are buying fewer diamonds In 2016, The Economist asked in a tweet: “Why aren’t millennials buying diamonds?” The responses varied, but a majority of responses had to do with debt, stress over money and how expensive diamonds are. Money isn’t the only reason millennials aren’t willing to spend […]
Senators ask Jeff Bezos to crack down on thousands of unsafe products on Amazon
Amazon CEO Jeff Bezos. Emmanuel Dunnand | AFP | Getty Images Three Senate Democrats sent a letter to Amazon urging the company to do something about the thousands of unsafe or banned products listed on the e-commerce site. In a letter sent to Amazon CEO Jeff Bezos on Thursday, Sen. Richard […]
Jeffrey Epstein case dismissed, lawyers still want judge to probe death
Jeffrey Epstein attends Launch of RADAR MAGAZINE at Hotel QT on May 18, 2005. Patrick McMullan | Getty Images A federal judge on Thursday dismissed the pending criminal child sex trafficking case against wealthy financier Jeffrey Epstein, who authorities have said killed himself in a Manhattan jail earlier this month. […]
13 U.S. cities where the average home costs less than $200,000
The median sale price for homes across the U.S. is around $234,000. While that may seem like a steal for residents of expensive states like California, there are many other places where the typical home costs even less. CNBC Make It identified 13 cities where median home prices are less […]