Business

February 28, 2018 - 7:14 pm
NEW YORK (AP) — Walmart announced Wednesday that it will no longer sell firearms and ammunition to people younger than 21 and would also remove items resembling assault-style rifles from its website. The move comes after Dick's Sporting Goods announced earlier in the day that it would restrict the...
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February 28, 2018 - 6:21 pm
NEW YORK (AP) — Best Buy is shuttering all 250 of its small-format mobile phone stores in the U.S., saying the locations have become less profitable. A memo from the CEO to employees says the stores will close by the end of May and every effort will be made to retain the workers. The nation's...
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FILE- This Oct. 2, 2014, file photo shows the Wall Street subway stop on Broadway in New York's Financial District. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 28, 2018. (AP Photo/Richard Drew)
February 28, 2018 - 4:48 pm
NEW YORK (AP) — U.S. stocks sank again on Wednesday and cemented February as the worst month for the market in two years. Not only was the month's loss sharp, at 3.9 percent for the Standard & Poor's 500 index, it was also the first in a long time. S&P 500 index funds snapped a record-...
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FILE - In this Sept. 29, 2017 file photo Interior Secretary Ryan Zinke speaks on the Trump Administration's energy policy at the Heritage Foundation in Washington. Zinke wants to move more Interior Department employees out of Washington and into the field, closer to the public lands and resources they manage, saying that will lead to improved, decentralized decision-making. More than 90 percent of the department's employees already work outside the Washington area, and some retired department employees say the agency already has a well-established decentralized decision-making process. (AP Photo/Andrew Harnik,File)
February 28, 2018 - 4:20 pm
DENVER (AP) — U.S. Interior Secretary Ryan Zinke's plan for a major realignment to put more of his department's decision-makers in the field has a fundamental flaw in the eyes of some who spent their careers making those decisions: They're already out there. Eleven former Interior Department...
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FILE- This Jan. 28, 2018, file photo shows music streaming apps clockwise from top left, Apple, Spotify, Amazon, Pandora and Google on an iPhone in New York. Music-streaming pioneer Spotify will expand its financial arsenal with an initial public offering of stock. The first steps toward IPO were made in a confidential filing a few weeks ago, but the documents weren’t released until Wednesday, Feb. 28. (AP Photo/Jenny Kane, File)
February 28, 2018 - 4:11 pm
SAN FRANCISCO (AP) — Music-streaming pioneer Spotify is hoping to attract a new crowd of fans on Wall Street to help fend off a growing competitive threat posed by Apple. Spotify will expand its financial arsenal with an initial public offering of stock aiming to raise $1 billion. That figure could...
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February 28, 2018 - 4:10 pm
SAN FRANCISCO (AP) — Music-streaming pioneer Spotify is hoping to attract a new crowd of fans on Wall Street to help fend off a growing competitive threat posed by Apple. Spotify will expand its financial arsenal with an initial public offering of stock aiming to raise $1 billion. That figure could...
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Security forces stand in the lobby of the Trump Ocean Club International Hotel and Tower in Panama City, Wednesday, Feb. 28, 2018. For the fourth time in one week on Tuesday, police were called to the property due to a fight over Trump Hotels’ contract to manage the 70-story luxury high rise after the owners voted to remove Trump’s name and fire his hotel management company. (AP Photo/Juan Zamorano)
February 28, 2018 - 3:37 pm
PANAMA CITY (AP) — Police in helmets and bulletproof vests on Wednesday entered and then left the Trump luxury hotel in Panama that has been at the center of a management dispute. Judith Aparicio, the employment director for the Labor Ministry, said ministry officials went to the hotel to ensure...
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FILE- This Oct. 2, 2014, file photo shows the Wall Street subway stop on Broadway in New York's Financial District. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 28, 2018. (AP Photo/Richard Drew)
February 28, 2018 - 3:34 pm
NEW YORK (AP) — U.S. stocks wavered Wednesday, and the Standard & Poor's 500 index was on track to snap its longest-ever streak for positive monthly returns. February is shaping up to be the worst month in two years for the index after worries about rising inflation and rates sparked a sell-off...
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A Dick's Sporting Goods store is seen in Arlington Heights, Ill., Wednesday, Feb. 28, 2018. Dick's Sporting Goods announced Wednesday that it will immediately end sales of assault-style rifles and high capacity magazines at all of its stores and ban the sale of all guns to anyone under 21. Dick's had cut off sales of assault-style weapons at Dick's stores following the Sandy Hook school shooting. But Dick's owns dozens of its Field & Stream stores, where there has been no such ban in place. (AP Photo/Nam Y. Huh)
February 28, 2018 - 2:53 pm
NEW YORK (AP) — Dick's Sporting Goods will immediately stop selling assault-style rifles and ban the sale of all guns to anyone under 21, the company said Wednesday, as its CEO took on the National Rifle Association by calling for tougher gun laws after the massacre in Florida. The strongly worded...
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February 28, 2018 - 1:14 pm
CHICAGO (AP) — American Airlines said Wednesday that it's opposed to Chicago Mayor Rahm Emanuel's $8.5 billion O'Hare International Airport expansion plan because of what American called a "secret provision" to award more gates to United Airlines. "The United gate deal would undermine competition,...
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