Kohl's shares plunge 20% as retailer gives rough outlook for the year ahead

• Kohl’s stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says.

  Kohl’s has “identified key areas of focus,” CEO Ashley Buchanan said.
  
  MarketWatch - 8h
• 

  Macy’s Signals Rocky Year Ahead as Retailers Reckon With Trade War

  The largest department store chain in the United States, like many other retailers, has warned that shoppers may be more cautious in the months ahead.
  
  The New York Times - 5d
• 

  Tesla shares plunge 15%, steepest drop in five years

  Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.
  
  NBC News - 1d
• 

  Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

  Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...
  
  NBC News - 12h

• Tesla shares plunge 15%, suffering steepest drop in five years

  Tesla continued its downward slide on Monday, with the stock suffering its most dramatic sell-off since September 2020.
  
  CNBC - 1d

• ‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?

  The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.
  
  CNBC - 3d

• Delta cuts its once-rosy outlook. Here’s what’s worrying the airline.

  Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.
  
  MarketWatch - 1d

• Wealth managers dump investment trust shares

  But retail investors buy into the troubled sector
  
  Financial Times - 4d
• 

  Russian strikes on Ukraine kill 20 as U.S. cuts intelligence sharing with Kyiv

  Russian strikes on Ukraine have killed at least 20 people, officials said Saturday, as heavy aerial attacks continued into the second night following a U.S. decision to stop sharing satellite ...
  
  NBC News - 3d

More from CNBC

• Ray Dalio warns a severe U.S. supply-demand debt problem could lead to 'shocking developments'

  Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.
  
  CNBC - 3m

• Trump's 25% tariffs on steel and aluminum imports take effect

  U.S. President Donald Trump's 25% tariffs on steel and aluminum imports came into effect Wednesday.
  
  CNBC - 2m

• Trump's 25% tariffs on steel and aluminum imports take effect

  U.S. President Donald Trump's 25% tariffs on steel and aluminum imports came into effect Wednesday.
  
  CNBC - 2m

• Tariffs have raised the probability of a U.S. recession to around 35%: Pimco

  There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.
  
  CNBC - 14m

• Alibaba's Tsai discusses AI's potential: 'Research analysts can be completely replaced'

  "Mundane research" can be done by machines, but human beings will still play a role, Alibaba's Chairman Joe Tsai said Wednesday at CNBC’s CONVERGE LIVE.
  
  CNBC - 1h

More in Business

• People 'underestimate' the importance of Chinese President Xi's entrepreneur meeting: Alibaba's Tsai

  Alibaba Chairman Joe Tsai said Chinese President Xi Jinping's meeting with entrepreneurs boosted confidence and has been underestimated.
  
  CNBC - 49s

• Trump's 25% tariffs on steel and aluminum imports take effect

  U.S. President Donald Trump's 25% tariffs on steel and aluminum imports came into effect Wednesday.
  
  CNBC - 2m

• Trump's 25% tariffs on steel and aluminum imports take effect

  U.S. President Donald Trump's 25% tariffs on steel and aluminum imports came into effect Wednesday.
  
  CNBC - 2m

• Ray Dalio warns a severe U.S. supply-demand debt problem could lead to 'shocking developments'

  Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.
  
  CNBC - 3m

• Asia-Pacific markets mostly rise despite tariff uncertainty and recession fears in the U.S.

  Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.
  
  CNBC - 10m