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Target reported that inflation was taking a toll on its profitability. The report came a day after Walmart warned of the same problem.
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U.K. Inflation Hits 40-Year High, Putting Government on Defensive The Wall Street JournalUK inflation jumps to 40-year high of 9% as food and energy prices spiral CNBCUK inflation rate surges to a 40-year high of 9% | Inflation spikes as energy prices soar | WION WIONWhat will it take to get inflation under control? BBCUK inflation hits 40-year high ReutersView Full Coverage on Google News
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China Eastern crash probe eyes intentional action - sources ReutersChina Eastern Airlines crash that killed 132 may have been intentional: report Fox BusinessChinese plane crash that killed 132 caused by intentional act: US officials ABC NewsBlack box on doomed China Eastern flight indicates crash was intentional: report New York Post China Eastern Black Box Points to Intentional Nosedive The Wall Street Journal
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Target Stock Sinks Nearly 25% on Earnings Miss, High Costs The Wall Street JournalTarget CEO Brian Cornell on earnings: We are seeing a shift in consumer spending CNBC TelevisionTarget (TGT) Q1 2022 earnings CNBCInflation crushes Target's profit, shares plunge 25% in early trading Star TribuneTarget's 1Q profit hit by higher costs, supply chain woes WIVB.com - News 4View Full Coverage on Google News
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Major retailer Target warned of rising cost pressures in its business right after Walmart.
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U.S. sues casino mogul Steve Wynn over relationship with China NBC NewsU.S. Accuses Steve Wynn of Lobbying Trump on Behalf of China The New York TimesDOJ files suit against casino mogul Steve Wynn seeking order that he register as foreign agent of China CNNUS sues casino mogul Steve Wynn to compel him to register as an agent of China The GuardianSteve Wynn Sued by Justice Department The Wall Street JournalView Full Coverage on Google News
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