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President Donald Trump said he would meet with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenksyy in the coming weeks ‘if necessary.’ 

The president’s comments come just after he condemned Russia’s recent large-scale strike against Ukraine. 

Russian forces launched hundreds of drones and missiles at Ukrainian cities overnight Sunday. The attack, which has been called the largest aerial attack of the war so far, targeted the Ukrainian capital of Kyiv.

Ukrainian officials said that at least 12 people were killed and dozens more were injured.

Though past strikes have proven more deadly, the attack is the largest-scale aerial assault of the war in terms of the number of weapons: 298 drones and 69 missiles were launched.

The president on Wednesday was asked if he believes Putin actually wants to end the war with Ukraine, to which Trump replied: ‘I can’t tell you that, but I’ll let you know in about two weeks.’ 

‘Within two weeks, we’re going to find out whether or not he’s tapping us along or not,’ Trump told reporters at the Oval Office during a swearing-in ceremony for Jeanine Pirro as interim U.S. attorney. ‘And if he is, we will respond a little bit differently.’ 

Trump said his special envoy for the Middle East, Steve Witkoff, is ‘doing a phenomenal job’ and ‘dealing with them very strongly right now.’ 

‘They seem to want to do something,’ Trump said. 

But Trump again condemned Russia’s attack, saying he is ‘very disappointed at what happened a couple of nights now where people were killed — in what you would call a negotiation.’ 

‘I’m very disappointed by that,’ Trump said. ‘Very, very disappointing.’ 

Meanwhile, Ukrainian President Volodymyr Zelenskyy has expressed a willingness to sit down again with Trump and with Putin in Geneva. 

When asked if he was planning to sit down with Putin and Zelenskyy, Trump said he would be willing. 

‘Well, if it’s necessary… we have to, I think at this point. I wish you would have been that way a couple of months ago, but at this point, we’re working on President Putin, and we’ll see where we are,’ Trump said. ‘I think we’re doing fine, but we’ll see.’ 

Special Envoy Keith Kellogg is preparing for possible talks in Geneva, though it remains unclear when they will be held. Russia has yet to agree to the U.S.’s peace proposal, and its foreign ministry Tuesday claimed it was still working on its memorandum of terms. 

Russia has suggested a possible meeting in Istabul, Turkey. 

Meanwhile, the president again on Wednesday said: ‘I don’t like what’s happening. It’s one thing I’ll say — I don’t like when I see rockets being shot into cities. That’s no good. We’re not going to allow it.’

The president, over the weekend, blasted Putin, saying he is ‘killing a lot of people.’ 

‘I don’t know what the hell happened to Putin,’ he said over the weekend. ‘I’ve known him a long time, always gotten along with him, but he’s sending rockets into cities and killing people, and I don’t like it at all.’ 

In a post on Telegram, Zelenskyy called for an international response to the attack.

‘The silence of America, the silence of others in the world only encourages Putin,’ he wrote on Telegram. ‘Every such terrorist Russian strike is reason enough for new sanctions against Russia.’

Trump expanded on his comments later Sunday, writing on Truth Social that Putin ‘has gone absolutely CRAZY!’ while also criticizing Zelenskyy.

‘I’ve always said that (Putin) wants ALL of Ukraine, not just a piece of it, and maybe that’s proving to be right, but if he does, it will lead to the downfall of Russia!’ the social media post read. ‘Likewise, President Zelenskyy is doing his Country no favors by talking the way he does. Everything out of his mouth causes problems, I don’t like it, and it better stop.’

‘This is a War that would never have started if I were President,’ Trump concluded. ‘This is Zelenskyy’s, Putin’s, and Biden’s War, not ‘Trump’s,’ I am only helping to put out the big and ugly fires, that have been started through Gross Incompetence and Hatred.’ 

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A community in Kansas gathered to celebrate the life of Israeli Embassy employee Sarah Milgrim Tuesday after she was fatally shot alongside her boyfriend, fellow Israeli Embassy employee Yaron Lischinsky, leaving the Capital Jewish Museum in Washington last week. 

Lischinsky had purchased an engagement ring and was planning to propose to Milgrim before they were both killed, those close to the couple said. The suspect, Elias Rodriguez, was charged with two counts of first-degree murder; murder of foreign officials, a federal capital offense; and multiple gun-related counts. He could face the death penalty if convicted. 

The suspect shouted ‘Free Palestine’ while in police custody, and the fatal shooting is being investigated as a hate crime, according to the FBI. Lawmakers have condemned the violence as an act of antisemitism. 

Speaking with Fox News Digital on Capitol Hill, both Republican and Democratic senators condemned the fatal shooting. 

‘These two young people died senselessly. Israel’s engaging in a war for its very survival. My heart breaks for these two young people in the prime of their lives,’ Sen. Lindsey Graham, R-S.C., said. 

Lischinsky was 30, and Milgrim was 26. 

‘There’s no room for violence in America,’ Sen. Ben Ray Luján, D-N.M., told Fox News Digital. ‘I appreciate my colleague, Sen. Rosen, moving a resolution today that no colleagues objected to, bringing attention to antisemitism in America. Anytime anyone is targeted, we need to speak up, not just here, but around the world.’

Senators Jacky Rosen, D-Nev., and Rick Scott, R-Fla., last week on the Senate Floor condemned what they described as an ‘antisemitic attack’ and celebrated the passage of their bipartisan resolution that recognizes May as Jewish Heritage American Month. 

‘This is everybody’s worst nightmare that people would not only engage in antisemitic rhetoric, but act on it,’ Sen. John Cornyn, R-Texas, said.

Sen. Jeff Merkley, D-Ore., said it ‘reminds us all how festering hate and prejudice leads to violence. We have to redouble our efforts to stop any form of prejudice or bigotry.’

‘Obviously, there’s been a rise in antisemitism over the last several years,’ Sen. Kirsten Gillibrand, D-N.Y., told Fox News Digital. 

Gillibrand is one of two Democratic senators representing New York, which is home to the largest Jewish population in the United States and also includes Columbia University, the elite Ivy League school in Manhattan that has been accused of allowing antisemitism to fester on campus. 

President Donald Trump has condemned the anti-Israel protests at elite universities, threatening to cut federal funding to institutions that do not condemn antisemitism and threatening to revoke international students’ visas. 

‘It is disgraceful that two young people with their whole lives in front of them can’t go to a reception in a public building in Washington, D.C., and be safe. It is criminal. It is disgraceful. It is intolerable, and we have to do everything we can to stop antisemitism in its tracks and protect people,’ Gillibrand added. 

In an unusual move for active federal court judges, four of them said in a Dispatch opinion piece Wednesday, ‘Societies that persecute Jews are societies that are sick and dying. Societies that allow the moral rot of Jew hatred to proliferate are societies on their way out of the pages of history.’

The Associated Press contributed to this story. 

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Israeli United Nations Ambassador Danny Danon condemned what he called a ‘shakedown’ by the U.N. to prevent Non-Government Organizations (NGOs) from working with the new U.S.-backed Gaza Humanitarian Foundation (GHF).

While addressing the U.N. Security Council on Wednesday, Danon claimed that the world body was using ‘threats, intimidation and retaliation’ against NGOs that dared to defy the international body’s call to boycott GHF. The Israeli diplomat described the U.N.’s response to NGOs cooperating with GHF as ‘mafia-like.’

‘Without any discussion, without due process, the U.N. removed those NGOs from the shared aid database. That database is the central system for tracking aid deliveries into Gaza,’ Danon told the Security Council. ‘This is the gravest violation of the U.N.’s own principles. It is extortion of well-meaning NGOs that refuse to kiss the ring.’

In the same Security Council meeting, Acting U.S. Alternate Representative John Kelley urged the U.N. to work with GHF and Israel ‘to reach agreements on how to operationalize this system in a way that works for all.’ Kelley also emphasized the need to ensure that Hamas cannot benefit from any humanitarian aid distribution system that is established. 

On Wednesday, GHF said in a statement that it had opened another secure aid distribution site ‘without incident.’ The organization also addressed some claims about its operations. GHF said that, contrary to reports, no Palestinians have been questioned or detained while receiving aid. Additionally, GHF said that no Palestinians had been shot or killed while trying to get aid.

GHF disputes reports that its sites were overrun on Tuesday: ‘GHF anticipated that the [safe distribution sites] may experience pressure due to acute hunger and Hamas-imposed blockades, which create dangerous conditions outside the gates.

‘According to established protocol, for a brief moment the GHF team intentionally relaxed its security protocols to safeguard against crowd reactions to finally receiving food. No beneficiaries were injured, no lives were lost and all food available was distributed without interference. Order was restored without incident. As in all emergency response situations, particularly in conflict zones, this type of reaction from stressed beneficiary populations is expected and we remain prepared to continue providing lifesaving assistance should disruptions occur.

‘Unfortunately, there are many parties who wish to see GHF fail. Conditions remain very difficult and the lives of both Gazans and aid workers are at stake,’ GHF said in a statement.

The international community has not relented in its push against GHF.

U.N. Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Tom Fletcher — who once called the plan behind GHF a ‘fig leaf for further violence and displacement’ of Palestinians in Gaza — has made his objections to the program clear. Fletcher made an appeal in a post on X to let the U.N. take control of aid distribution in Gaza.

‘We have the supplies, plan, will, and networks to deliver massive amounts of lifesaving aid to civilians in Gaza, in line with humanitarian principles, as the world is demanding,’ Fletcher wrote.

Earlier this month, Fletcher urged the international community not to ‘waste time’ with a new plan when the U.N. already had one in place.

On Wednesday, as Israel marked 600 days since the Oct. 7 massacre, the Israel Defense Forces (IDF) noted that ‘121 trucks belonging to the U.N. and the international community’ were allowed into the Gaza Strip. The IDF said that the trucks were carrying food and other aid.

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Elon Musk is beginning the process of stepping down from his role as head of the Department of Government Efficiency (DOGE).

The Tesla and SpaceX CEO posted on X on Wednesday night that his time as a special government employee is coming to an end and thanked President Donald Trump for the opportunity to cut down on wasteful spending.

‘The ⁦‪@DOGE‬⁩ mission will only strengthen over time as it becomes a way of life throughout the government,’ 
Musk wrote in his post. The White House confirmed to FOX that Musk’s post is accurate and offboarding will begin Wednesday night.

Musk has been the public face of DOGE since Trump signed an executive order establishing the office Jan. 20. DOGE has since ripped through federal government agencies in a quest to identify and end government overspending, corruption and fraud.

He was officially hired as a ‘special government employee,’ which is a role Congress created in 1962 that allows the executive or legislative branch to hire temporary employees for specific short-term initiatives.

Special government employees are permitted to work for the federal government for ‘no more than 130 days in a 365-day period,’ according to data from the Office of Government Ethics. Musk’s 130-day timeframe, beginning on Inauguration Day, was set to run dry on May 30.

DOGE is a temporary cross-departmental organization that was established to slim down and streamline the federal government. The group itself will be dissolved on July 4, 2026, according to Trump’s executive order.

Musk and Trump have both previously previewed that Musk’s role was temporary and would come to end in the spring. 

‘You, technically, are a special government employee and you’re supposed to be 130 days,’ Fox News’ Bret Baier asked Musk during an exclusive interview Musk and DOGE team members in April. ‘Are you going to continue past that or do you think that’s what you’re going to do?’ 

‘I think we will have accomplished most of the work required to reduce the deficit by a trillion dollars within that time frame,’ Musk responded. 

Trump hinted at Musk’s departure in comments to the media on March 31, when asked if he wants Musk to remain in a government role for longer than the predetermined 130 days. 

‘I think he’s amazing. But I also think he’s got a big company to run,’ Trump said in March. ‘And so at some point he’s going to be going back.’

‘I’d keep him as long as I can keep him,’ Trump said. ‘He’s a very talented guy. You know, I love very smart people. He’s very smart. And he’s done a good job,’ the president added. ‘DOGE is, we’ve found numbers that nobody can even believe.’ 

More recently, Musk said during a Tesla earnings call on April 22 that he will take a step back from his work as DOGE’s leader. 

‘I think starting probably in next month, May, my time allocation to DOGE will drop significantly,’ Musk said during Tesla’s earnings conference call. ‘I’ll have to continue doing it for, I think, the remainder of the president’s term just to make sure the waste and fraud that we stopped does not come roaring back, which it will do if it has the chance. So I think I’ll continue to spend, you know, a day or two per week on government matters for as long as the president would like me to do so and as long as it is useful.’

‘But starting next month,’ he added, ‘I’ll be allocating far more of my time to Tesla now that the major work of establishing the Department of Government Efficiency is done.’

Amid Musk’s work with DOGE, Democrats and activists have staged protests against the tech billionaire and his companies, including working to tank Tesla stocks. 

Musk has been the public face of DOGE for months, but is not an employee of the United States DOGE Service and does not report to the acting DOGE chief, according to court filing in March that shed additional light on the internal workings of the office. 

‘Elon Musk does not work at USDS. I do not report to him, and he does not report to me. To my knowledge, he is a Senior Advisor to the White House,’ Amy Gleason, the acting administrator of DOGE, wrote in a declaration included in a court filing. 

Gleason previously worked for the United States Digital Service, which was founded in 2014 by former President Barack Obama as a technology office within the Executive Office of the President. Trump signed an executive order in January that renamed the office to the United States DOGE Service, establishing DOGE. 

Though Musk has been the public face of DOGE, he ‘has no actual or formal authority to make government decisions himself’ and is working as a senior advisor to the president, a White House official said in a separate court filing back in February.

Musk emerged as an ardent supporter of Trump’s at the height of the election cycle over the summer, officially endorsing Trump after the first assassination attempt against him in Butler, Pennsylvania, on July 13, 2024. 

‘I fully endorse President Trump and hope for his rapid recovery,’ Musk posted to X shortly after the attempt, accompanied by footage of Trump raising a fist and shouting ‘Fight, fight, fight!’ after he was left bloodied by the assassination attempt. 

Musk hosted Trump on X for an expansive interview while on the campaign trail 

Across Musk’s tenure as a special government employee, Trump has praised the tech billionaire for his efforts to streamline the government and cut it of overspending, including during his first address to a joint session of Congress since his second inauguration. 

‘Thank you, Elon. He’s working very hard. He didn’t need this. He didn’t need this. Thank you very much. We appreciate it. Everybody here, even this side, appreciates it, I believe. They just don’t want to admit that,’ Trump said in March during his address, quipping that Democrats were even grateful for Musk’s work at DOGE. 

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President Donald Trump’s Department of Health and Human Services (HHS) is terminating awards totaling more than $750 million dollars that were provided to pharmaceutical manufacturer Moderna to help facilitate its production of mRNA-based bird flu vaccines. 

During President Joe Biden’s final week in office, his administration awarded $590 million to Moderna to help speed up its production of mRNA-based vaccines. The $590 million award followed a separate $176 million award Biden gave to Moderna earlier last year for mRNA vaccine technology.

Messenger RNA vaccines are a newer type of vaccine technology, which was utilized by companies like Moderna and Pfizer to develop their COVID-19 vaccines. The vaccine technology was at the center of a lot of criticism amid the coronavirus pandemic for potentially being associated with adverse side effects in some people who took them, such as myocarditis.

Trump administration officials previously hinted at the potential that this funding could be terminated, citing a lack of oversight during the Biden administration pertaining to vaccine production. 

‘After a rigorous review, we concluded that continued investment in Moderna’s H5N1 mRNA vaccine was not scientifically or ethically justifiable,’ HHS Communications Director Andrew Nixon said. ‘This is not simply about efficacy — it’s about safety, integrity, and trust. The reality is that mRNA technology remains under-tested, and we are not going to spend taxpayer dollars repeating the mistakes of the last administration, which concealed legitimate safety concerns from the public.’

The announcement reflects a larger shift in federal vaccine priorities, after HHS Secretary Robert F. Kennedy Jr. announced earlier this week that COVID-19 vaccines would be removed from the federal government’s list of recommended vaccines for children and pregnant women. 

Meanwhile, a report from Senate Republicans released earlier this month suggested the Biden administration withheld critical safety data and downplayed known risks tied to the mRNA COVID-19 vaccine. In particular, the Senate report focuses on HHS’ awareness of, and response to, cases of myocarditis — a type of heart inflammation — following COVID-19 vaccination.

‘Rather than provide the public and health care providers with immediate and transparent information regarding the risk of myocarditis following mRNA COVID-19 vaccination, the Biden administration waited until late June 2021 to announce changes to the labels for the Moderna and Pfizer COVID-19 vaccines based on the ‘suggested increased risks’ of myocarditis and pericarditis,’ the Senate report states. ‘Even though CDC and FDA officials were well aware of the risk of myocarditis following COVID-19 vaccination, the Biden administration opted to withhold issuing a formal warning to the public for months about the safety concerns, jeopardizing the health of young Americans.’

In response to the Trump administration’s funding termination, Moderna put out a press release acknowledging the move, but also touting the ‘safety profile’ observed amid its work on a new mRNA bird flu vaccine.

‘While the termination of funding from HHS adds uncertainty, we are pleased by the robust immune response and safety profile observed in this interim analysis of the Phase 1/2 study of our H5 avian flu vaccine and we will explore alternative paths forward for the program,’ said Stéphane Bancel, Chief Executive Officer of Moderna. ‘These clinical data in pandemic influenza underscore the critical role mRNA technology has played as a countermeasure to emerging health threats.’

Fox News Digital’s Brooke Singman contributed to this report.

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Secretary of State Marco Rubio announced Wednesday the U.S. will begin ‘aggressively’ revoking visas of Chinese students.

‘Under President Donald Trump’s leadership, the U.S. State Department will work with the Department of Homeland Security to aggressively revoke visas for Chinese students, including those with connections to the Chinese Communist Party or studying in critical fields,’ Rubio wrote in a statement. 

The State Department will also revise visa criteria to enhance scrutiny of all future visa applications from the People’s Republic of China and Hong Kong.

In March, House Republicans introduced the Stop Chinese Communist Prying by Vindicating Intellectual Safeguards in Academia Act, also known as the Stop CCP VISAs Act.

In an interview with FOX Business May 12, U.S. Sen. Ashley Moody, R-Fla., criticized providing student visas to Chinese nationals, citing a Stanford University report that uncovered the Chinese Communist Party’s alleged activity on U.S. college campuses.

The report, published by the Stanford Review, detailed an incident in which a man posing as a Stanford student targeted women at the university to gather intelligence for the Chinese Ministry of State Security.

‘How can we keep offering 300,000 student visas to Chinese nationals every year when we KNOW they are legally required to gather intelligence for the CCP? The answer is simple: we can’t,’ Moody wrote in a post on X. ‘@StanfordReview’s report on CCP espionage on campus should shock everyone and verify what I have been saying. We need to pass my STOP CCP Visas Act to protect our national security.’

Along with the new Chinese national policy, Rubio announced new visa restrictions Wednesday on foreigners ‘complicit’ in censoring Americans.

‘For too long, Americans have been fined, harassed, and even charged by foreign authorities for exercising their free speech rights,’ Rubio wrote in a post. ‘Today, I am announcing a new visa restriction policy that will apply to foreign officials and persons who are complicit in censoring Americans.

‘Free speech is essential to the American way of life – a birthright over which foreign governments have no authority.’

The White House did not immediately respond to Fox News Digital’s request for comment.

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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.

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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.

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23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to a release.

The move comes after Regeneron Pharmaceuticals said earlier this month that it will acquire “substantially all” of 23andMe’s assets for $256 million.

The drugmaker came out on top following a bankruptcy auction for 23andMe, a once high-flying genetic testing company that filed for Chapter 11 bankruptcy protection in March.

23andMe said it will file a Form 25 Notification of Delisting with the SEC on or around June 6, which would subsequently remove the stock from listing and registering with the Nasdaq.

The company said the Nasdaq had originally informed the company that a Form 25 would be filed in March, but since the exchange has not yet submitted the filing, 23andMe is doing so voluntarily.

23andMe exploded into the mainstream because of its at-home DNA testing kits that allowed customers to examine their genetic profiles. At its peak, the company was valued at around $6 billion.

But after going public via a merger with a special purpose acquisition company in 2021, the company struggled to generate recurring revenue and stand up viable research or therapeutics businesses.

Regeneron’s deal is still subject to approval by the U.S. Bankruptcy Court for the Eastern District of Missouri. Pending approval, it’s expected to close in the third quarter of this year.

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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.

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