#Kohl’s cuts annual forecast as it gets stung with inflation

#Kohl’s cuts annual forecast as it gets stung with inflation

“Kohl’s cuts annual forecast as it gets stung with inflation” Kohl’s Corp. cut its annual earnings and sales forecast, as the department store chain joins a string of retailers stung with soaring inflation. The reduction, announced Thursday, came as it reported fiscal first-quarter results that came below analysts’ expectations. Sales at stores opened at least…

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#Melvin Capital clients fume at founder Gabe Plotkin

#Melvin Capital clients fume at founder Gabe Plotkin

“Melvin Capital clients fume at founder Gabe Plotkin” Melvin Capital said it is finally shutting down after getting clobbered by Reddit investors last year — and now clients are doubly angry because its founder Gabe Plotkin is still charging them fees, The Post has learned. Plotkin — whose massive short positions in “meme stocks” like…

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#NYC to see summer-like temps this weekend, forecasters say

#NYC to see summer-like temps this weekend, forecasters say

“NYC to see summer-like temps this weekend, forecasters say” Expect the Big Apple to sizzle this weekend. Excessive heat will descend upon the tri-state region starting late Friday into Saturday — when temperatures are expected to hover in the mid-80s, some 10 degrees higher than average for late May, forecasters said. The summer-like feel is…

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#Hunter Biden raked in M from overseas biz deals

#Hunter Biden raked in $11M from overseas biz deals

“Hunter Biden raked in $11M from overseas biz deals” Hunter Biden and a company he ran raked in around $11 million from his controversial business dealings while his dad served as vice president and shortly thereafter, according to new scrutiny of the first son. President Biden’s scandal-scarred son also burned through cash at a rate…

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#McDonald’s selling Russia restaurants to Alexander Govor

#McDonald’s selling Russia restaurants to Alexander Govor

“McDonald’s selling Russia restaurants to Alexander Govor” McDonald’s is selling its Russia business to its current licensee Alexander Govor and the restaurants will operate under a new brand, ending more than three decades of presence in the country following its invasion of Ukraine. The world’s largest burger chain owns about 84% of its nearly 850 restaurants…

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#Trump blames Google for Truth Social failure: report

#Trump blames Google for Truth Social failure: report

“Trump blames Google for Truth Social failure: report” Donald Trump has reportedly been telling associates that Google has been sabotaging his new social media platform by not making it available on Android devices. “Is Google trying to f–k me?” the former president has been asking friends and advisers in the weeks since the rollout of…

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