Boot Barn Holdings Inc. shares dropped 16% in the extended session Wednesday after the retailer reported a mixed fourth quarter and its same-store sales dropped more than expected. Boot Barn BOOT, -12.10% earned $46.4 million, or $1.53 a share, in the quarter, compared with $44.7 million, or $1.47 a share,…
Take-Two Interactive Software Inc. shares surged in the extended session Wednesday, after the videogame publisher’s weak outlook appeared to confirm a timeline for the next iteration of its blockbuster “Grand Theft Auto” videogame franchise. Take-Two TTWO, +12.56% shares rallied about 10% after hours, following a 0.8% gain to close the…
Japan’s export growth slowed in April, primarily due to a decrease in shipments to Asia and China, according to data released by the Ministry of Finance on Thursday. In April, exports rose by 2.6% compared to the same period last year, weaker than the 4.3% increase marked in March and…
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Micron Technology Inc. is expected to get about $1.5 billion in financial incentives from the Japanese government to help build advanced memory chips, according to a new report. Bloomberg News reported late Wednesday that the deal is likely to be announced Thursday, when Japanese Prime Minister Fumio Kishida meets with…
The first-quarter dip never happened. Some observers say that’s a problem.Credit-card balances hit $986 billion in the fourth quarter, but remain largely unchanged in the first quarter of the year, the Federal Reserve Bank of New York said in its most recent quarterly report on household debt. It looks increasingly…
Our tipping culture is out of control. It has become mandatory, and forced upon us. It has lost its cause. It’s not a gratuity anymore, it’s become another tax. Consumers are forced to help merchants to pay workers after paying merchants for the service. One time, I tried to donate…
Deutsche Bank AG will pay $75 million to settle a proposed class-action lawsuit claiming it aided Jeffrey Epstein’s sex-trafficking ring, the Wall Street Journal reported Wednesday night. The suit was filed by lawyers on behalf of an anonymous victim and others who accused the financier, who died by suicide in…
Tesla Inc. Chief Executive Elon Musk said late Tuesday he foresees “a year of difficulty” for the global economy, with “lots of companies” going bankrupt, and said that the EV maker will not be immune to the downdraft, even as he teased two new products for Tesla in the future.…
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