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Target Stock Plunge Wipes $25 Billion As Inflation Squeezes Customers And Sends Costs Soaring—Spurring ‘Dramatic’ Earnings Shortfall

Target Stock Plunge Wipes $25 Billion As Inflation Squeezes Customers And Sends Costs Soaring—Spurring ‘Dramatic’ Earnings Shortfall

Topline Shares of Target collapsed Wednesday after the brick-and-mortar retailer posted disappointing first-quarter earnings spurred by unexpectedly high costs that offset rising sales—spelling more trouble for the broader retail industry just one day after competitor Walmart posted its own stock-market plunge. “Inflation always hits the lower-income cohorts hardest and first,” and the latest retail results …

Target Stock Plunge Wipes $25 Billion As Inflation Squeezes Customers And Sends Costs Soaring—Spurring ‘Dramatic’ Earnings Shortfall Read More »

BrainChip partners with Edge Impulse for a platform that mimics the brain

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! BrainChip and Edge Impulse have announced a partnership to deliver next-gen platforms for machine learning. The companies are aiming to make BrainChip’s neuromorphic technology …

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Report: 88% of business leaders would pay the ransom if hit by a cyberattack

Report: 88% of business leaders would pay the ransom if hit by a cyberattack

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! According to a new report by Kaspersky, in 88% of organizations around the world that were previously attacked by ransomware, business leaders would choose …

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Massachusetts reports first confirmed U.S. case of monkeypox this year

Massachusetts reports first confirmed U.S. case of monkeypox this year

This 2003 electron microscope image made available by the Centers for Disease Control and Prevention shows mature, oval-shaped monkeypox virions, left, and spherical immature virions, right, obtained from a sample of human skin associated with the 2003 prairie dog outbreak. (Cynthia S. Goldsmith, Russell Regner/CDC via AP) Massachusetts on Wednesday reported the first confirmed U.S. …

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Discovery+, Travel set paranormal lineup with Kesha, Jack Osbourne shows

Discovery+, Travel set paranormal lineup with Kesha, Jack Osbourne shows

1/5 Kesha is set to star in a new paranormal series titled “Conjuring Kesha.” File Photo by Jim Ruymen/UPI | License Photo May 18 (UPI) — Discovery+ and the Travel Channel has announced a new slate of paranormal-themed programming launching throughout 2022 and 2023. Highlights of the new slate include a series starring singer Kesha …

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Manta Island Resort Awarded by Tripadvisor in 2022 Travelers’ Choice Best of the Best Hottest New Hotel

Manta Island Resort Awarded by Tripadvisor in 2022 Travelers’ Choice Best of the Best Hottest New Hotel

Glover’s Reef, Belize, May 17, 2022 –(PR.com)– Manta Island Resort today announced it has been recognized by Tripadvisor as a 2022 Travelers’ Choice Best of the Best award winner for Hottest New Hotels ranking 8 out of 25. In a year of heavy competition and changing traveler priorities, Manta Island Resort, Belize, exceeded expectations and has …

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