E.l.f. Beauty’s profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to impact the cosmetic company’s bottom line. In the three months ended June 30, E.l.f.’s net income fell to $33.3 million, down 30% from $47.6 million a year ago. The company, which sources about 75% of its products […]
E.l.f. Beauty (ELF) earnings Q1 2026 Read More »
Palmer Luckey, the CEO of autonomous weapons systems maker Anduril, is being heralded as the potential savior of America’s defense industry. He’s not. But if you want to see end-stage capitalism in its rococo phase, there’s no better term to pop into search than “Palmer Luckey.” .@PalmerLuckey‘s personal arsenal includes helicopters, nuclear missile silos, a
Hubris, Nemesis, Grifter as Greek God: Palmer Luckey of Anduril Read More »
Foot Locker and Dick’s Sporting Good stores. Reuters Sen. Elizabeth Warren is calling on the FTC and DOJ to consider blocking Dick’s Sporting Goods’ proposed acquisition of Foot Locker, writing in a letter to the agencies that the merger could cut jobs, raise prices and reduce competition. The missive, sent Tuesday evening, asks the agencies
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People walk by a Claire’s store on December 11, 2024 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Tween retailer Claire’s filed for bankruptcy protection for the second time in seven years on Wednesday in the hopes it can reorganize its business and stave off liquidation. The mall-based boutique, long
Claire’s files for bankruptcy again as debt pile looms Read More »
Yves here. The Angry Bear post below called a recession watch, but yours truly is upgrading it to a stagflation watch. That is due the fact that inflation persists and Trump tariff effects set to start kicking in over the next few months means relief is not likely….at least until the economy gets a lot
Stagflation Watch for the US Economy as a Whole Read More »
An Energy Star sign on a building. Lynne Gilbert | Moment Mobile | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors
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Trump and India are locked in a staredown, and neither side appears prepared to blink. India seemed to have relied overmuch on its perception of its geostrategic importance, along with an earlier Biden Administration go-ahead, in persisting in Russian oil buys. So India appeared to ignore domestic pressures, like Lindsay Graham was stomping around in
Hiroshima marks 80 years as US-Russia nuclear tensions rise Agence France-Presse Lightning Kills Way More Trees Than You Would Ever Believe ScienceAlert (Dr. Kevin) Titan implosion that killed all five on board was ‘preventable’, says report BBC (Kevin W) Fraudulent Scientific Papers Are Rapidly Increasing, Study Finds New York Times Our Brain—Immune Axis Gets A
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Triple H looks on during WrestleMania 41 Saturday at Allegiant Stadium on April 19, 2025 in Las Vegas, Nevada. Georgiana Dallas | WWE | Getty Images The WWE is coming to ESPN. The Disney-controlled sports and entertainment business will pay an average of $325 million per year for five years of U.S. rights to the
ESPN, WWE ink five-year deal for WrestleMania, Royal Rumble, other live events Read More »
Like LSD, which can convince people they can fly—causing them to jump out of windows—weapons can make people overconfident. Skewing their tactical judgment. -Ng, “Snow Crash” As the US flails about trying to maintain a dominance that’s already gone, it’s often difficult to analyze or predict US actions because they usually appear on their face
When One of the World’s Most Powerful Nations Is Run By Spoiled Children Read More »
