Latest news with #Dave&Busters
Yahoo
08-04-2025
- Business
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures rise after chaotic day on Wall Street
US stock futures pointed up Monday evening as investors took stock after a chaotic day on Wall Street. Futures tied to the S&P 500 (ES=F) were up 0.5%, and those on the tech-heavy Nasdaq (NQ=F) rose 0.5%. Dow Jones Industrial Average futures (YM=F) were up 0.7%. Markets are assessing the latest fallout from President Trump's fast-moving tariff plans, which led to a roller-coaster session on Monday. In the end, the Dow (^DJI) sank 350 points, leading the way down, while the S&P 500 (^GSPC) cemented a three-day loss percentage loss that rivaled episodes from sell-offs during the pandemic and 2008 financial crisis. Trump threatened additional 50% tariffs on China beginning on Wednesday if the country did not scrap its plans for retaliatory duties, in what would be a major escalation of his trade war against the country. Meanwhile, administration officials continued to offer mixed messages: For instance, Treasury Secretary Scott Bessent White House hailed the start of a trade negotiation with Japan, while White House trade adviser Peter Navarro took to the Financial Times to say Trump's tariffs were "not a negotiation." For his part, Trump attempted to suggest Monday that "both can be true," while confirming he was not considering pausing the tariffs before they go into full effect on Wednesday. Read more: Live updates on Trump tariffs fallout In any case, investors are still reeling from the fallout of the past several days, after Trump's announcement of "reciprocal" tariffs at the White House stunned in how far they went. The Nasdaq has entered into a bear market, while the S&P 500 is inching closer to one. Some top names on Wall Street — from JPMorgan CEO Jamie Dimon to BlackRock CEO Larry Fink — have started warning about the effects of Trump's tariffs. Even Tesla CEO and Trump adviser Elon Musk has offered gentle critiques over the past few days. The Nikkei 225 (^N225), Japan's leading stock index, has bounced back over 6% after plunging 7% yesterday to the lowest level in over 18 months. The rebound occurred on Tuesday's market open after stock futures closed briefly Monday morning with heavy losses triggering a circuit breaker close on trading. Tech companies led the rally as strong-performing US tech stocks bolstered belief in the Japanese tech sector. Read more here. Humana Inc. (HUM) Humana Inc. was one of several medical providers seeing jumps after the bell following President Donald Trump's announcement that payments for Medicare insurers would rise to 5.06% next year. Humana stock leapt 11.5% in extended trading. Broadcom (AVGO) Shares in the semiconductor developer moved up 3% in after hours trading following news that Broadcom was launching a $10 billion share buyback program. The program will run through until Dec 31. Dave & Busters (PLAY) Arcade company Dave & Busters saw a 2.3% bounce in after-hours trading after slipping 3.8% during the day. The company fell short of market expectations for Q4 revenue after releasing earnings showing a decline in year-on-year sales. The Nikkei 225 (^N225), Japan's leading stock index, has bounced back over 6% after plunging 7% yesterday to the lowest level in over 18 months. The rebound occurred on Tuesday's market open after stock futures closed briefly Monday morning with heavy losses triggering a circuit breaker close on trading. Tech companies led the rally as strong-performing US tech stocks bolstered belief in the Japanese tech sector. Read more here. Humana Inc. (HUM) Humana Inc. was one of several medical providers seeing jumps after the bell following President Donald Trump's announcement that payments for Medicare insurers would rise to 5.06% next year. Humana stock leapt 11.5% in extended trading. Broadcom (AVGO) Shares in the semiconductor developer moved up 3% in after hours trading following news that Broadcom was launching a $10 billion share buyback program. The program will run through until Dec 31. Dave & Busters (PLAY) Arcade company Dave & Busters saw a 2.3% bounce in after-hours trading after slipping 3.8% during the day. The company fell short of market expectations for Q4 revenue after releasing earnings showing a decline in year-on-year sales. Sign in to access your portfolio
Boston Globe
26-03-2025
- Boston Globe
Providence Place is getting rid of mallrats. Make way for the tumbleweeds.
The kids also aren't allowed to be alone in the mall during school hours, but this isn't part of Governor It's a crackdown on harmless, timeless fun in the name of shoring up public safety because the mall's deadbeat former owners cut back on security at the same time that they were defaulting on their loans to private lenders. Advertisement The ban on kids is the brainchild of John Dorsey, one of the mall's court-appointed receivers, who says he wants to 'get the public's confidence back' in the mall. Get Rhode Map A weekday briefing from veteran Rhode Island reporters, focused on the things that matter most in the Ocean State. Enter Email Sign Up 'The theory behind it is: If nothing changes, nothing changes,' Dorsey told me over the phone this week. I think Dorsey is the It's true that the mall has had a handful of high-profile criminal incidents involving young people, including a group of teenagers who It's also true that Dorsey's primary objective is to spruce up the mall – both aesthetically and financially – just enough to find a buyer later this year, and potential suitors will probably be seeking a per-assault discount. But hanging out in the mall has been a rite of passage for teenagers for generations, the place where you're supposed to have your first big date, first kiss, or first tiny bit of freedom from nagging parents or cranky teachers. You borrow money from your parents to buy sneakers that are too expensive, hop over to Dave & Busters for a sweaty round of Skee-Ball, and then sneak into R-rated movies. Advertisement This is what kids are supposed to do. They are the target audience. 'We've had quite a bit of feedback that some visitors don't feel safe,' Dorsey said. Well, the kinds of people who complain about teenagers in the mall are the same people who say they never go into Providence at all because of the crime. You want a safer mall? Dorsey said there's a series of safety improvements coming, including a full audit of security, controlled access to the skybridge, more guards, and upgrades to the mall's camera system. All reasonable ideas that will hopefully produce the outcome Dorsey and the rest of mall leadership is seeking. But they don't generate the headlines the mall wants. What's shortsighted about banning teenagers from the mall is it's going to leave a long-lasting bad taste in their mouths. The mall is desperate for more foot traffic because most people prefer to shop online these days. Young people are the only ones left who still enjoy the social experience of the mall. Tim Howes, a business professor at Johnson & Wales University, said Providence Place seems to be taking a ' 'They're making the decision that 16-year-olds are not worth as much as older customers,' Howes said. Dorsey assured me that the mall isn't going to have a heavy hand with this policy. It would be ironic to start banning 14-year-olds the same month that they Advertisement 'It's not static, we're not stuck with this program,' he said. 'We're going to be auditing ourselves and trying to figure out if we're accomplishing our goals.' Howes said the mall's strategy could pay off, but there are potential pitfalls to watch for, like racial profiling of teenagers or driving away potential visitors who don't agree with the policy. The bigger challenge for the mall, he said, is the potential of losing another anchor tenant, like the Apple store. 'They need to find a way to rebuild the magic that was the Providence Place Mall,' Howes said. Instead, they're trading mallrats for tumbleweeds. Dan McGowan can be reached at
