Business

May 21, 2019 - 10:01 am
WASHINGTON (AP) — U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors says that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21...
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FILE - This Feb. 28, 2017, file photo shows Indian Point Energy Center in Buchanan, N.Y. A deal announced April 16, 2019, would close the two reactors at Indian Point within two years. (AP Photo/Seth Wenig, File)
May 21, 2019 - 9:58 am
PLYMOUTH, Mass. (AP) — Companies specializing in nuclear demolition and radioactive waste storage are buying up aging U.S. reactors and promising to decommission them in dramatically less time than their utility owners had planned — eight years instead of 60 in some cases. Viewed by experts as an...
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This undated photo provided by Coca-Cola shows a can of New Coke, which was originally launched in the summer of 1985. New Coke is making a comeback as part of Coca-Cola's partnership with the Netflix drama “Stranger Things.” The companies announced the venture on Tuesday, May 21, 2019. Season 3 of “Stranger Things” will be set in the summer of 1985. (Coca-Cola via AP)
May 21, 2019 - 9:33 am
NEW YORK (AP) — Coca-Cola drinkers will get a chance to relive one of the company's darker chapters as New Coke makes a comeback under a partnership with the Netflix drama "Stranger Things," the companies announced Tuesday. Season 3 of the show will take place in the summer of 1985, when Coca-Cola...
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May 21, 2019 - 9:29 am
NEW YORK (AP) — New Coke is making a comeback as part of a Coca-Cola's partnership with the Netflix drama "Stranger Things." The companies announced the venture on Tuesday. New Coke was considered one of the biggest marketing mistakes when it was launched in 1985. Changing Coke's formula didn't sit...
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Britain's Prime Minister Theresa May with her husband Philip leave after a church service near her Maidenhead constituency, England, Sunday May 19, 2019. (Andrew Matthews/PA via AP)
May 21, 2019 - 9:05 am
LONDON (AP) — British Prime Minister Theresa May secured backing from her Cabinet Tuesday for tweaks to her proposed European Union divorce terms that she hopes can finally get Parliament's approval for her thrice-rejected Brexit deal. The Cabinet met for three hours to work out details of what May...
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FILE - In this May 16, 2018 file photo, a man enters the JC Penney store at the Manhattan mall in New York. J.C. J.C. Penney Co. (JCP) on Tuesday, May 21, 2019. reported a loss of $154 million in its fiscal first quarter. The Plano, Texas-based company said it had a loss of 48 cents per share. Losses, adjusted for one-time gains and costs, came to 46 cents per share. The results missed Wall Street expectations. (AP Photo/Mary Altaffer, File)
May 21, 2019 - 8:33 am
NEW YORK (AP) — J.C. Penney and Kohl's struggled during the start of the year, raising concern about the challenges for the department store industry ahead. Penney reported a wider than expected loss and sales declines during the first quarter while Kohl's cut its fiscal 2020 profit outlook as it...
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A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Tuesday, May 21, 2019. Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. (AP Photo/Vincent Yu)
May 21, 2019 - 8:31 am
BEIJING (AP) — Most global stock markets rose Tuesday after the U.S. government issued a 90-day grace period on its order to bar U.S. firms from selling to Chinese telecom gear maker Huawei. The reprieve eases the immediate hit on U.S. suppliers and has at least temporarily quelled investors'...
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FILE - This Feb. 28, 2017, file photo shows Indian Point Energy Center in Buchanan, N.Y. A deal announced April 16, 2019, would close the two reactors at Indian Point within two years. (AP Photo/Seth Wenig, File)
May 21, 2019 - 8:30 am
PLYMOUTH, Mass. (AP) — Companies specializing in nuclear demolition and radioactive waste storage are buying up aging U.S. reactors and promising to decommission them in dramatically less time than their utility owners had planned — eight years instead of 60 in some cases. Viewed by experts as an...
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FILE - In this Aug. 14, 2018 file photo shows a Home Depot store in Passaic, N.J. Home Depot is reporting better than expected profit and revenue for the first quarter, though bad weather early in the year and an extra week in the fiscal year dampened the home improvement retailer’s comparable store sales. Those sales, watched closely by industry analysts, rose 2.5%, short of the 4.2% they were expecting, according to a survey by Zacks Investment Research. (AP Photo/Ted Shaffrey, File)
May 21, 2019 - 8:13 am
Home Depot reported better than expected profit and revenue for the first quarter despite a damp start to 2019. That inclement weather and an extra week in the previous fiscal year weighed on the home improvement retailer's comparable store sales. Comparable store sales, a key gauge of a retailer's...
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FILE - In this Aug. 14, 2018 file photo shows a Home Depot store in Passaic, N.J. Home Depot is reporting better than expected profit and revenue for the first quarter, though bad weather early in the year and an extra week in the fiscal year dampened the home improvement retailer’s comparable store sales. Those sales, watched closely by industry analysts, rose 2.5%, short of the 4.2% they were expecting, according to a survey by Zacks Investment Research. (AP Photo/Ted Shaffrey, File)
May 21, 2019 - 7:53 am
ATLANTA (AP) — Home Depot is reporting better than expected profit and revenue for the first quarter despite a damp start to 2019. That inclement weather and an extra week in the previous fiscal year dampened the home improvement retailer's comparable store sales. Comparable store sales, a key...
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