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The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Jay L Clendenin | Getty ImagesShares of Costco fell slightly on Thursday, despite the warehouse club posting quarterly earnings and revenue that topped estimates and reporting 8% year-over-year sales gains.Unlike many retailers, Costco does not provide an annual outlook. Yet the company’s leaders spoke on an earnings call about the challenges and higher costs tariffs have meant for its businessHere’s how the warehouse club retailer did in its fiscal third quarter compared with what Wall Street was expecting, based on a survey of analysts…

CNN  —  Homeland Security Secretary Kristi Noem posted a stunning allegation on Wednesday: A undocumented migrant sent a letter threatening to kill President Donald Trump, promising to “self deport” after the assassination. “Thanks to our ICE officers, this illegal alien who threatened to assassinate President Trump is behind bars,” Noem wrote in a social media post that included the letter and a picture of the man arrested. DHS also sent out a press release. The story was picked up by multiple news outlets. The president’s allies used it to highlight what they see as the dangers of undocumented migrants and…

People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | ReutersNew tariffs could impact Gap’s business by $100 million to $150 million, if they remain in effect, the company said Thursday when announcing fiscal first-quarter earnings. Shares fell more than 15% in after-hours trading.In a news release, Gap said new 30% duties on imports from China and a 10% levy on imports from most other countries will cost the company between $250 million and $300 million without mitigation efforts. For now, it’s leaving that impact out of its guidance. Gap said it’s already mitigated…

American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer merchandise, following the retailer pulling its full-year guidance earlier this month due to macroeconomic uncertainty.”The first quarter was a challenging period for our business,” CEO Jay Schottenstein said in a release. “While we are disappointed with the results, we are taking actions to better position the company and drive stronger performance in the upcoming quarters. Our brands remain resilient. The team is executing with urgency as we look to strengthen both the topline and profit flow-through.”The Pittsburgh retailer’s results do…

A Dell Technologies sign is seen in Round Rock, Texas, on June 2, 2023.Brandon Bell | Getty ImagesShares of Dell Technologies rose on Thursday in extended trading after the company raised its full-year earnings forecast and issued a stronger-than-expected forecast for the current quarter.However, Dell’s adjusted earnings per share came up short versus LSEG estimates on in-line revenue.Here’s how the computer maker did versus LSEG consensus estimates:Earnings per share: $1.55 adjusted vs. $1.69 estimatedRevenue: $23.38 billion vs. $23.14 billion estimatedDell said it expects $2.25 in adjusted earnings per share for the current quarter, with between $28.5 billion and $29.5 billion…

UNITED NATIONS (AP) — The United States and 10 allies on Thursday said the military cooperation between Russia and North Korea flagrantly violates U.N. sanctions and has helped Moscow increase its missile strikes on Ukrainian cities.They made the accusations in their first report since joining forces to monitor sanctions against North Korea after Russia vetoed a resolution in March 2024 to continue the monitoring by a U.N. Security Council panel of experts. It had been issuing reports of Pyongyang’s sanctions violations since 2010.The 29-page report produced by the Multilateral Sanctions Monitoring Team — comprised of the U.S., Australia, Canada, France,…

KUWAIT: The interior ministry announced on Thursday that thousands of wives of Kuwaiti men who had their citizenship revoked in the past year will be allowed to travel abroad using their Kuwaiti passport during the summer months. The ministry however added that such women must prove that they have started the process of obtaining their original country’s identity to avail of this facility and be treated like Kuwaitis.Over the past year, Kuwait revoked the citizenship of over 29,000 foreign women who were naturalized after getting married to Kuwaiti husbands since 1987. Authorities said the measure was taken because of a…

The neighborhood once known as Boca Chica Village is seen near the SpaceX facilities where they build rockets in Brownsville, Texas, on May 3, 2025. Gabriel Cardenas | AFP | Getty ImagesStarbase, Texas, has notified some residents that they might “lose the right to continue using” their property as they do today, according to a memo obtained by CNBC.The town, home to Elon Musk’s SpaceX, is considering a new zoning ordinance and citywide map.The notice, sent to property owners in a proposed “Mixed Use District,” would allow for “residential, office, retail, and small-scale service uses.”Starbase plans to host a public…

TOKYO: Kuwait and Japan agreed to upgrade their bilateral relations to a “comprehensive strategic partnership”, which reflects the depth of the relationship and opens new horizons for cooperation. The agreement is a fruit of the official visit by HH the Crown Prince of Kuwait Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah to Japan on May 28-31, a press release from the Kuwaiti ministry of foreign affairs said on Thursday.HH the Crown Prince earlier on Thursday met Japanese Emperor Naruhito. HH the Crown Prince conveyed greetings and best wishes of welfare from HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah to Emperor Naruhito…

TOKYO: Kuwait and Japan signed several memoranda of cooperation on Thursday during a formal ceremony held in Tokyo, under the patronage of His Highness the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah and Japanese Prime Minister Shigeru Ishiba. The agreements were signed by Kuwait’s Minister of Foreign Affairs Abdullah Al-Yahya, in the presence of the Kuwaiti delegation. Details of the agreements were not disclosed. According to the Kuwait News Agency (KUNA), the ceremony reflected the shared commitment of both countries to strengthen and expand cooperation across key sectors.Sheikh Sabah Al-Khaled arrived in Tokyo on an official visit to Japan on…