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According to the official measurement of the China Earthquake Networks Center, a 3.2-magnitude earthquake occurred in Kuqa City, Aksu Prefecture, Xinjiang (41.18 degrees north latitude, 83.72 degrees east longitude) at 01:12 on August 9, with a focal depth of 16 kilometers.Market news: The commander of U.S. Central Command has arrived in Israel and will hold talks with senior Israeli military officials.On August 9th, U.S. Vice President JD Vance stated in a Fox News interview broadcast on Saturday that "we are in a game" regarding Iran. "We are using all the tools at our disposal—diplomatic, economic, military—to ensure the best possible outcome for the American people," he said. He indicated that some progress had been made in the Iran negotiations over the past few days. The U.S. expects oil and gas exports from the Gulf region to return to pre-conflict levels, "and the Iranians have indicated to us that they intend to do so," he said.Federal Reserve Governor Bowman will participate in a fireside chat in ten minutes.On August 9th, it was reported that the Trump administration is intensifying pressure on Florida oil tycoon and Republican donor Harry Sargent III to divest his assets in Venezuela. According to sources, the U.S. Treasury Department froze assets of Sargents offshore company involved in Venezuelan oil production projects on Friday. Simultaneously, the Treasury Department has issued a license allowing him to liquidate his stake in the company. Sargent served as a key secret communication channel between Washington and Caracas during years of heightened tensions between the U.S. and Venezuela, accumulating significant influence on both sides. He frequently visited Trumps Mar-a-Lago resort and the Venezuelan presidential palace, regularly meeting with former President Maduro and other high-ranking officials detained by the U.S. military. He used this special channel to relay information between the U.S. and Venezuela and helped facilitate the release of detained U.S. citizens in 2025. Simultaneously, he also developed deals in Venezuela, a country most oil companies avoid due to political risks and sanctions.

As The Company Seeks A Buyer, Kohl's Loses Two Senior Executives

Aria Thomas

May 19, 2022 09:59

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Kohl's Corp (NYSE:KSS) announced on Wednesday that two of its senior executives are resigning, as the U.S. department store operator searches for a buyer amidst pressure from activist investors to sell itself.


In extended trading, shares of the business slid 3.6% to $41.4. Chief Marketing Officer Greg Revelle will leave Kohl's in June, while Chief Merchandising Officer Doug Howe will retire immediately.


The U.S. department store chain said via email that Revelle and Howe are leaving the company to pursue other possibilities and that a hunt for their replacements has already begun.


In recent months, activist investors Macellum Advisors GP LLC and Engine Capital LP have requested that Kohl's sell itself.


The company's stockholders rejected moves by Macellum Advisors to replace ten board members last week.

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