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A Russian deputy governor and prominent veteran of Moscow’s war in Ukraine was killed in an explosion in southern Russia early on Thursday, authorities said.

Zaur Aleksandrovich Gurtsiev, 29, died alongside another man in the blast on a street in Stavropol, which investigators said “committed using a homemade explosive device.”

“As part of the investigation, the scene of the incident is being inspected, examinations are being ordered, and the necessary investigative actions are being carried out to establish all the circumstances of the incident,” Russia’s Investigative Committee said in a Thursday statement.

Video footage circulated online and on state media appears the show the moment of the blast, which occurs just as Gurtsiev meets the other man in a darkened street, near a row of parked cars.

After the blast, the footage seemingly shows Gurtsiev lying on the ground, while the second man is rocked back by the explosion.

The man who died in the explosion in Stavropol along with Gurtsiev rented an apartment in a building near the scene of the incident, emergency services told state media outlet TASS.

Regional governor Vladimir Vladimirov wrote on Telegram that “all versions are being considered, including the organization of a terrorist attack” involving Ukraine.

Gurtsiev had taken part in the “Time of Heroes” program set up by President Vladimir Putin, used to promote veterans of Russia’s war in Ukraine to official positions in the government. His appointment as deputy regional governor was announced personally by Putin.

According to the Time of Heroes website, “Gurtsiev, despite his relatively young age, led the air part of the operation to liberate Mariupol.”

“He introduced his developments in the technology of targeting missiles, which allowed them to increase their accuracy and effectiveness many times over, including hitting the Azov supply base.”

Russian forces seized control of the port city of Mariupol in 2022 following a brutal 86-day siege – one of the deadliest and most destructive battles since Moscow launched its full-scale invasion of Ukraine more than three years ago.

According to United Nations estimates, 90% of residential buildings were damaged or destroyed in Mariupol during Russian attacks, and around 350,000 people out of the pre-war population of about 430,000 were forced to flee.

Ukrainian President Volodymyr Zelensky said in an interview earlier this year that 20,000 civilians are believed to have been killed, though the death toll cannot be independently verified. Ukrainian officials accused Moscow of trying to cover up evidence of civilian casualties, a claim the Kremlin denies.

Gurtsiev is the latest in a number of Russian military figures to have been killed inside the country over the past year, a period in which the ramifications of Moscow’s war have increasingly been felt domestically.

Last month Russian authorities charged a “Ukrainian special services agent” with terrorism, after he was detained in connection with a car explosion that killed Russian General Yaroslav Moskalik, the deputy head of the Main Operations Directorate of the General Staff of the Russian Armed Forces.

And in February Armen Sarkisyan, the founder of a pro-Russian militia group in eastern Ukraine – described by authorities in Kyiv as a “criminal mastermind” – died following a bombing in central Moscow. The bombing took place in an upmarket residential complex in the capital city, state media outlet TASS reported at the time.

This post appeared first on cnn.com

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain items to offset tariffs.

In a news release, the department store operator said it reduced its earnings outlook because of higher tariffs, more promotions and “some moderation” in discretionary spending. Macy’s stuck by its full-year sales forecast, however.

For fiscal 2025, Macy’s now expects adjusted earnings per share of $1.60 to $2, down from its previous forecast of $2.05 to $2.25. It reaffirmed its full-year sales guidance of between $21 billion and $21.4 billion, which would be a decline from $22.29 billion in the most recent full year.

In an interview with CNBC, CEO Tony Spring said about 15 cents to 40 cents per share of the guidance cut is due to tariffs. He said about 20% of the company’s merchandise comes from China.

Macy’s will raise some prices and stop carrying certain items to mitigate the hit from tariffs, he added.

“You’re dealing with it on both the demand side as well as the increased cost side,” he said. “And so navigating that, we have a series of different scenarios to try to figure out kind of what will be the reality, and we want our guidance to reflect the flexibility of that uncertainty, so that we can react in real time to how we serve or better serve the consumer.”

Spring said the company will be “surgical” with price changes.

“It’s not a one-size-fits-all kind of approach,” he said. “There are going to be items that are the same price as they were a year ago. There is going to be, selectively, items that may be more expensive, and there are items that we might not carry because the pricing doesn’t merit the quality or the perceived value by the consumer.”

Here’s how Macy’s did during its fiscal first quarter, compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:

In the three-month period that ended May 3, the company’s net income was $38 million, or 13 cents per share, compared with $62 million, or 22 cents per share, in the year-ago period. Sales dropped from $4.85 billion in the year-ago quarter. Excluding some one-time charges including restructuring charges, adjusted earnings per share were 16 cents.

The company’s shares were down more than 2% in early trading on Wednesday.

Economic uncertainty — including President Donald Trump’s on-again, off-again tariff announcements — has complicated Macy’s turnaround plans. The New York City-based legacy retailer is more than a year into a three-year effort to become a smaller, but healthier business. It’s shuttering weaker stores and investing in stronger parts of the company, including luxury department store Bloomingdale’s and beauty chain Bluemercury. It has also tried to improve the customer experience, including by speeding up online deliveries and adding staff to stores.

Spring told analysts on the earnings call that the tariff impact on Macy’s outlook includes the additional costs of inventory previously imported under the 145% China tariffs, which have since dropped to 30%. He said the outlook does not include a potential increase in tariffs on the European Union or any other U.S. trading partner.

Trump recently threatened to implement, and then delayed, a 50% tariff on the EU.

Macy’s sells a mix of national band private brands, which are sold exclusively at its stores and on its website. Spring told CNBC that the company has reduced the share of its private brands that comes from China to about 27% — a drop from 32% last year and more than 50% before the Covid pandemic.

CFO Adrian Mitchell said on the company’s earnings call that Macy’s has taken action to blunt the impact of tariffs on national brands it sells, too. He said the company has renegotiated orders with vendors, canceled some orders and delayed others.

“We’ve been able to gain some vendor discounts, which has been helpful to us, but we’re absorbing some of that price as well,” he said.

And in some cases, Macy’s is keeping prices the same despite higher costs to appeal to value-conscious customers and gain market share from competitors, Mitchell added.

Spring said on the company’s earnings call on Wednesday that Macy’s sales were stronger in March and April compared to February, attributing some of that to improving weather. So far, sales trends in the second quarter have been above those in March and April, he added.

Macy’s plans to close about 150 underperforming namesake stores across the country by early 2027.

In the fiscal first quarter, Macy’s namesake brand remained its weakest. Comparable sales across Macy’s owned and licensed business, plus its online marketplace, declined 2.1% year over year.

When Macy’s took out the stores that it plans to shutter, however, trends looked slightly better. Comparable sales of its go-forward business, including its owned and licensed business and online marketplace, declined 1.9%

On the other hand, comparable sales at Bloomingdale’s rose 3.8% year over year, including its owned, licensed and marketplace businesses. Comparable sales at Bluemercury climbed 1.5% year over year.

To try to turn its namesake stores around, Macy’s has invested in 50 locations — dubbed the “First 50” — with more staffing, sharper displays and changes to its mix of merchandise. It has expanded that initiative to 75 additional stores, bringing the total to 125 locations that have gotten increased attention. That’s a little over a third of the 350 namesake locations that Macy’s plans to keep open.

Those 125 locations performed better than the overall Macy’s brand. Comparable sales among those revamped stores owned and licensed by Macy’s were down 0.8% compared with the year-ago period.

On Macy’s earnings call in March — before Trump made several sudden tariff moves that baffled companies and investors — Spring said the company’s guidance “assumes a certain level of uncertainty” about the economic outlook. He said even Macy’s affluent customer “is just as uncertain and as confused and concerned by what’s transpiring.”

Earlier this spring, Macy’s announced a few key leadership changes — including a new chief financial officer. Macy’s new CFO, Thomas Edwards, will begin on June 22. He previously served as the chief financial officer and chief operating officer of Capri Holdings, the parent company of Michael Kors. He will succeed Mitchell, who is leaving Macy’s.

As of Tuesday’s close, Macy’s shares are down about 29% so far this year. That trails the S&P 500′s nearly 1% gains during the same period. Macy’s stock closed on Tuesday at $12.04 per share, bringing the retailer’s market value to $3.35 billion.

This post appeared first on NBC NEWS

Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect.

The sporting goods giant said it’s expecting earnings per share to be between $13.80 and $14.40 in fiscal 2025 — in line with the $14.29 that analysts had expected, according to LSEG.

It’s projecting revenue to be between $13.6 billion and $13.9 billion, which is also in line with expectations of $13.9 billion, according to LSEG.

“We are reaffirming our 2025 outlook, which reflects our strong start to the year and confidence in our strategies and operational strength while still acknowledging the dynamic macroeconomic environment,” CEO Lauren Hobart said in a news release. “Our performance demonstrates the momentum and strength of our long-term strategies and the consistency of our execution.”

Here’s how the company performed in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:

The company’s reported net income for the three-month period that ended May 3 was $264 million, or $3.24 per share, compared with $275 million, or $3.30 per share, a year earlier. Excluding one-time items related to its acquisition of Foot Locker, Dick’s posted earnings per share of $3.37.

Sales rose to $3.17 billion, up about 5% from $3.02 billion a year earlier.

For most investors, Dick’s results won’t come as a surprise because it preannounced some of its numbers about two weeks ago when it unveiled plans to acquire its longtime rival Foot Locker for $2.4 billion. So far, Dick’s has seen a mix of reactions to the proposed acquisition.

On one hand, Dick’s deal for Foot Locker will allow it to enter international markets for the first time and reach a customer that’s crucial to the sneaker market and doesn’t typically shop in the retailer’s stores. On the other hand, Dick’s is acquiring a business that’s been struggling for years and some aren’t sure needs to exist due to its overlap with other wholesalers and the rise of brands selling directly to consumers.

While shares of Foot Locker initially soared more than 80% after the deal was announced, shares of Dick’s fell about 15%.

The transaction is expected to close in the second half of fiscal 2025 and, for now, Dick’s outlook doesn’t include acquisition-related costs or results from the acquisition.

In the first full fiscal year post-close, Dick’s expects the transaction to be accretive to earnings and deliver between $100 million and $125 million in cost synergies.

This post appeared first on NBC NEWS

In this video, Chip Anderson, President of StockCharts, sits down with Tony for a conversation in the StockCharts studio! During this in-depth Q&A session, Chip and Tony explore the powerful features that make the OptionsPlay add-on a must-have for options traders using the StockCharts platform. They discuss the integration of the StockCharts Scanning Engine with OptionsPlay strategies—showcasing how this tool enhances your ability to find trade setups quickly and effectively.

This video premiered on May 23, 2025.

In this must-see market update, Larry Williams returns with timely stock market analysis, trading insights, and macroeconomic forecasts. Discover what’s next for the Federal Reserve, interest rates, and inflation — and how it could impact top stocks like Tesla (TSLA), Nvidia (NVDA), Apple (AAPL), and consumer staples (XLP).

This video originally premiered on May 27, 2025. Watch on StockCharts’ dedicated Larry Williams page!

Previously recorded videos from Larry are available at this link.

Challenger Gold Limited (ASX: CEL) (‘CEL’ or the ‘Company’) is pleased to announce it has entered into an Investment Protection Agreement (“IPA” or “the Agreement”) with the Government of Ecuador for its 100% owned El Guayabo Project (“El Guayabo” or “the Project”). Under the terms of the IPA, the Government of Ecuador has granted CEL legal protections including stability of the regulatory framework, resolution of disputes through international arbitration, and protection of CEL’s investment.

The IPA covers US$75 million in investment from CEL encompassing expenditures from CEL’s initial acquisition of the project in 2019 and expenditure incurred until the end of 2027. It has an initial term of 8 years and is renewable. Key incentives and protections under the IPA include:

  • Regulatory stability and protection from changes to the current legal framework
  • The legal framework at the time of execution will continue to apply if the terms are more favourable to the project owner than any potential new framework
  • The IPA guarantees rights including non-discriminatory treatment, property protection, and legal certainty
  • International arbitration, should there be any disputes in relation to the Project, with the seat of arbitration in London under the rules of the International Chamber of Commerce

Commenting on the Investment Protection Agreement, CEL Managing Director, Mr Kris Knauer, said

“The completion of the Investment Protection Agreement is a significant development for the Project..

The IPA provides certainty with respect to the legal framework governing the Project, including stable mining regulations and fiscal terms, and security of title and investment for the term of the agreement. Additionally, it provides protection from all forms of confiscation and a mechanism for international arbitration should there be any disputes related to the project.

The IPA is also timely given recent corporate action in Ecuador as we take steps to monetise our Ecuador assets following the significant resource upgrade from 4.5 million ounce1 to 9.1 million ounces1,2,3.

Click here for the full ASX Release

This post appeared first on investingnews.com

McLaren Minerals Limited (ASX: MML) (‘McLaren’ or ‘Company’), is pleased to provide a further update on the phase 1 Drill Program at its wholly owned McLaren Titanium Project in the western Eucla Basin, Western Australia. This update is driven by the completion of geological interpretation of all the drilling during this campaign, in the absence of laboratory results.

Highlights

McLaren Titanium Project

  • 192 drill holes completed for a total of 4,067 metres, on time and without incident
  • Significant extensions of prospective sediments outside of currently known resource boundaries observed during drilling:
    • North extension: approximately 2,200m wide, avg. 14m thick (max 23m),
    • Central zone eastern extension: 800m wide, avg. 20m thick (max 23m),
    • Southern zone: 2,600m wide, avg. 10m thick (max 15m).
  • Metallurgical and geological samples submitted to IHC and Diamantina Laboratories
  • Geological work has improved confidence in deposit morphology and is expected to reduce future drilling costs
  • Strong community support confirmed within an established mining region

McLaren Mineral Sands Managing Director, Simon Finnis, commented:

“While we have not yet received any assays, phase 1 has delivered strong confidence to our team regarding this project. The most recent interpretation not only confirm the integrity of our geological model, but importantly, demonstrates the scale of the opportunity ahead. Defining substantial potential for mineralisation outside the current Resource boundary positions us well for future resource growth. We’ve also made solid ground operationally—drilling was completed on time, we’ve brought costs down, and we’re seeing strong local support. Taken together, these outcomes give us a great deal of confidence as we move toward the next phase of work and continue building long-term value for shareholders.”

Click here for the full ASX Release

This post appeared first on investingnews.com

Keith Siegel has been free for nearly four months, but he is still pained by vivid images of his 484 days as a Hamas hostage and of those still held in Gaza’s tunnels.

Siegel isn’t just talking about the physical and psychological abuse he was subjected to by his captors or the suffocating conditions and malnutrition he faced in tunnels deep underground. He’s also terrified that Israel’s intensifying bombardment and ground offensive will kill the remaining living hostages – or drive Hamas to execute them.

Hamas and other militant groups kidnapped 251 people from Israel during the October 7, 2023 terror attacks.

As Israel marks 600 days since the war began, Siegel and dozens of former hostages and relatives are renewing their call for a deal that will end the conflict and secure the release of all 58 still held captive, living and dead. Protesters blocked roads in Tel Aviv on Wednesday and gathered in Hostage Square and in front of the US embassy to put pressure on the Israeli government to make a deal with Hamas and return the remaining hostages.

For Omer Shem Tov, among the last of the hostages to be released before the ceasefire collapsed in March, there is an ever-present feeling of guilt. Every time he eats, he thinks about the hostages not eating. Every time he showers, he knows those still captive in Gaza cannot.

“I can feel it here,” he says, pointing at his throat. “I feel like I’m being choked.”

Like many other released hostages, Siegel and Shem Tov have dedicated much of their newfound freedom to advocating for the release of those left behind.

Most of the Israeli public wants to see a ceasefire deal to bring the remaining hostages home, according to numerous polls, but as those who survived captivity, the freed hostages are the movement’s most powerful voices. They see their advocacy as a near-sacred obligation to those still in Gaza.

“The hostages’ lives are now more critical than eliminating Hamas,” said Shem Tov.

Meanwhile, Siegel has raised awareness about the horrific conditions of captivity he endured and the dangers the remaining hostages face.

Speaking from his daughter’s home in northern Israel, Siegel looked healthier than when he was released in February. He has regained some of the weight he lost in captivity, color has returned to his face and he has been spending time with his family and out in nature. But his mind is never far from the tunnels of Gaza and thoughts of Matan Angrest, a 22-year-old Israeli soldier, and Omri Miran, a 48-year-old father-of-two, with whom he was held.

“I think about them every day. Many times a day. And I worry about them – and I miss them,” Siegel said.

Siegel and Miran were held together for nearly five months, until July 2024, passing the time by talking about their shared taste in music and their love for their families. Miran has two daughters – Alma and Ronni, now aged 2 and 4 –  whose names easily rolled off Siegel’s tongue.

“It was very difficult for Omri to think about his daughters growing up without their dad and how hard it was for him to think about him missing their growing-up, their development milestones,” Siegel said.

Miran called out directly to Siegel in a hostage video released by Hamas last month. Siegel said his fellow former captive looked like “a different person… in a negative way.”

Siegel hesitates to describe his relationship with Angrest as one of a father and his son, but it’s clear they built a special bond during the 67 days they were locked in a very small room, sharing a single bed. Angrest helped Siegel improve his Arabic, talked about his love of the Maccabi Haifa soccer team and day-dreamt about sharing a meal together at his parents’ home and seeing a match once they’re free.

Siegel said he, Angrest and Miran used to pray that the Israeli military would rescue them in a daring operation. But that all changed in August when Hamas executed six hostages as Israeli troops closed in on their location. Siegel learned about it in captivity and his dreams quickly turned into nightmares.

“I was afraid that the IDF might try to rescue me and that I might be killed by the captors,” Siegel recalled. “It’s something that worries me in regards to the hostages that are still there.”

He added that he believes Israel’s expanding military operations now increase the threats to the hostages’ lives, even as the Israeli military has pledged to take precautions to avoid harming the remaining captives.

“Hostages were killed from the war,” Siegel said. “I think this can be avoided by getting all of the hostages back. That’s the solution, to get them back – to reach an agreement that will bring them back.”

Shem Tov echoed his fears. The scariest moments in captivity, he said, were when Israeli bombs fell around him, weapons he knew were powerful enough where “your life can be taken in every moment.”

“I was scared of dying from my own people, from my own brothers,” said Shem Tov.

Siegel and Shem Tov have met with US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu and called on both to prioritize reaching a deal to free the hostages. While the Israeli prime minister has made clear he believes defeating Hamas is more important than freeing the hostages, many hostage advocates are placing their hopes in Trump’s hands.

“I am home because of his efforts,” Siegel said. “I believe that he wants to do this and it’s important to him. He has told us that. I ask him to do whatever he can and to do it as soon as possible to get an agreement secured and to get them all back.”

Shem Tov also believed he was freed because of Trump’s efforts. During their meeting in the Oval Office at the White House in March, Shem Tov said Trump told him “that I have a good future ahead of me.”

Shem Tov lost most than 50 pounds in captivity, he said. His food dwindled from just two pitas and some cheese daily at the beginning to a single biscuit.

However, he said his treatment at the hands of Hamas improved after Trump’s election, including receiving more food.

Hamas also “stopped cursing me, stopped spitting on me,” he said.

He frequently talked politics with his captors and said they wanted Kamala Harris to win the US election.

“As soon as Donald Trump was elected, they understood that he wants to bring the hostages back home,” Shem Tov said.

This post appeared first on cnn.com

Former Israeli Prime Minister Ehud Olmert has blasted the country’s political leadership and the conduct of its military, saying he is no longer able to defend Israel against accusations of war crimes.

Olmert, who led the country from 2006-2009, pointed to Israel’s 11-week blockade of humanitarian aid into Gaza and the soaring number of Palestinians killed.

“What is it if not a war crime?” he asked rhetorically. He said Prime Minister Benjamin Netanyahu and far-right members of his government are “committing actions which can’t be interpreted any other way.”

Since the start of the war, Olmert has defended Israel abroad against accusations of genocide and ethnic cleansing in Gaza. When women and children were killed, Olmert said he told officials and interviewers that Israel would not deliberately target civilians.

But 19 months into a war Olmert says should have ended a year ago, he believes he can no longer make that case. “What we are doing in Gaza now is a war of devastation: indiscriminate, limitless, cruel and criminal killing of civilians,” he wrote in an op-ed in Israel’s Haaretz newspaper.

More than 54,000 Palestinians have been killed in Gaza since the start of the war, according to the Palestinian Ministry of Health in Gaza, including at least 28,000 women and children. The Israel Defense Forces (IDF) said in January that it had killed more than 20,000 Hamas fighters.

“I think that we have to make sure that no uninvolved people in Gaza are hurt because of the expansion of these military operations, which is entirely unjustified and doesn’t serve any important interests of the state of Israel at this point,” Olmert said.

Olmert, who spent 16 months in prison on corruption charges, leveled most of his criticism at Netanyahu, as well as far-right ministers Itamar Ben Gvir and Bezalel Smotrich.

Polls in Israel have repeatedly shown that most of the country supports a comprehensive ceasefire agreement that would see the release of the remaining 58 hostages held in Gaza and an end to the war. But Netanyahu has refused to commit to an end to the war, insisting that Israel’s expanding military campaign in Gaza will continue until the defeat of Hamas.

Like the hostage families, many of whom have given up on Netanyahu, Olmert placed his hope in US President Donald Trump to end the war. Trump, he said, is one of the only people who has the ability to compel Netanyahu to end the war.

“I really certainly think that he is the only person perhaps that can force the Israeli prime minister to come to terms with reality and with the moral reality of what is being accomplished by this government.”

This post appeared first on cnn.com

Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns to buyers in New York, after state Attorney General Letitia James said Tuesday that the retail giant’s online store shipped them to the state.

The settlement comes nearly a decade after Walmart, Amazon, Sears and other retailers entered into a consent order and judgment with New York’s previous attorney general, in which they agreed to keep toy guns that resemble actual deadly weapons off their shelves statewide and they paid civil penalties that topped $300,000.

The 2015 order was part of a nationwide reckoning over realistic looking toy guns in the wake of the fatal shooting of Tamir Rice, a 12 year-old Cleveland boy who was killed by police in November 2014 while holding a pellet gun.

The New York law bans retailers from selling or shipping toy guns of certain colors — black, dark blue, silver, or aluminum — that look like real weapons.

A realistic-looking toy gun Walmart shipped to New York.New York Attorney General’s Office

Toy guns sold in the state must be “made in bright colors or made entirely of transparent or translucent materials,” with businesses subject to a fine of $1,000 per violation, according to James’ office.

James said on Tuesday that an investigation by her office found that Walmart’s online store had shipped at least nine realistic-looking toy guns sold by third-party sellers to New York City, Westchester County and Western New York.

But the investigation also found that between March 2020 and November 2023, at least 46 imitation weapons that violate New York state law were purchased by consumers in the state through the Walmart.com platform, the settlement revealed.

“Realistic-looking toy guns can put communities in serious danger and that is why they are banned in New York,” James said in a statement.

“Walmart failed to prevent its third-party sellers from selling realistic-looking toy guns to New York addresses, violating our laws and putting people at risk,” she said.

“The ban on realistic-looking toy guns is meant to keep New Yorkers safe and my office will not hesitate to hold any business that violates that law accountable.”

Walmart must pay $14,000 in penalties and $2,000 in fees under the settlement, the AG’s office said.

That total of $16,000 is a tiny fraction of the approximately $49 million in net income Walmart earned on an average day in the most recent financial quarter.

CNBC has requested comment from Walmart, which neither admitted nor denied the findings by James’ office in its investigation.

As part of the settlement, Walmart is required to prohibit third parties from offering for sale or selling any of the imitation guns covered by the state law to buyers in New York.

“Walmart shall terminate the ability of a third party from being able to list and sell toy guns and imitation weapons on Walmart.com when it has determined that a third party has engaged in conduct” that violates that restriction on three separate occasions, the settlement said.

And “Walmart shall implement and maintain policies and procedures reasonably designed to prevent such third parties from offering for sale, exposing for sale, or selling Prohibited Items on Walmart.com for importation, holding for sale, or distribution to New York,” the settlement says.

This post appeared first on NBC NEWS