Corporate news

FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier. (AP Photo/John Minchillo, File)
January 15, 2020 - 11:57 am
Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains strong. Target's disappointing growth of 1.4% percent for November and December, dragged down by toys and electronics, fell well below the...
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FILE - In this Aug. 7, 2019 file photo, President Donald Trump and Melania Trump greet Texas Gov. Greg Abbott after arriving in El Paso, Texas. Abbott says the state will reject the re-settlement of new refugees, becoming the first state known to do so under a recent Trump administration order. In a letter released Friday, Jan, 10, 2020, Abbott wrote that Texas "has been left by Congress to deal with disproportionate migration issues resulting from a broken federal immigration system." He added that Texas, which typically takes in thousands of refugees each year, has done "more than its share." Governors in 42 other states have said they will consent to allowing in more refugees, according to the Lutheran Immigration and Refugee Service.(Mark Lambie/The El Paso Times via AP, File)
January 15, 2020 - 11:54 am
GREENBELT, Md. (AP) — A federal judge agreed Wednesday to block the Trump administration from enforcing an executive order allowing state and local government officials to reject refugees from resettling in their jurisdictions. U.S. District Judge Peter Messitte in Maryland issued a preliminary...
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FILE - In this Jan. 10, 2020, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 15. (AP Photo/Richard Drew)
January 15, 2020 - 10:23 am
NEW YORK (AP) — Stocks rose in early trading on Wall Street Wednesday ahead of the signing of an initial trade deal between the U.S. and China. President Donald Trump and China's chief negotiator, Liu He, are scheduled to sign the “Phase 1” deal that will ease some sanctions on China. Beijing will...
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FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier. (AP Photo/John Minchillo, File)
January 15, 2020 - 9:51 am
Target's comparable store sales fell well below the previous year and it joined a growing list of retailers reporting meager performances during the critical holiday shopping season. The company cut its expectations for same-store sales growth for the entire quarter Wednesday. Shares fell almost 7...
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The figures of Britain's Prince Harry and Meghan, Duchess of Sussex, left, are moved from their original positions next to Queen Elizabeth II, Prince Philip and Prince William and Kate, Duchess of Cambridge, at Madame Tussauds in London, Thursday Jan. 9, 2020. Madame Tussauds moved its figures of Prince Harry and Meghan, Duchess of Sussex from its Royal Family set to elsewhere in the attraction. (Victoria Jones/PA via AP)
January 15, 2020 - 9:44 am
LONDON (AP) — The estranged father of Meghan, Duchess of Sussex could be called as a defense witness in her lawsuit against the Mail on Sunday newspaper, court papers reveal. Meghan is suing the newspaper and its parent company Associated Newspapers for publishing a letter she wrote to her father,...
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FILE - In this Jan. 10, 2020, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 15. (AP Photo/Richard Drew)
January 15, 2020 - 9:41 am
NEW YORK (AP) — Stocks are opening slightly higher on Wall Street, led by gains in health care and technology companies. UnitedHealth, the country's largest health insurer, climbed 2.2% in early trading Wednesday after reporting solid quarterly results. Microsoft was also higher. Banks were broadly...
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FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier. (AP Photo/John Minchillo, File)
January 15, 2020 - 9:26 am
Comparable store sales at Target fell well below the previous year, joining a growing list of retailers reporting meager performances during the critical holiday shopping season. The discounter on Wednesday cut its expectations for same-store sales growth for the entire quarter. Shares fell more...
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FILE - This Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Jim Mone, File)
January 15, 2020 - 8:42 am
UnitedHealth Group’s net income surged 16% in the fourth quarter, but shares slipped in early trading after it also reported revenue that missed analyst expectations. The nation’s largest insurer said Wednesday that its top line grew 4% to $60.9 billion in the final quarter of 2019. Analysts were...
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FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier. (AP Photo/John Minchillo, File)
January 15, 2020 - 8:41 am
Comparable store sales at Target fell well below the previous year, joining a growing list of retailers reporting meager performances during the critical holiday shopping season. The company on Wednesday cut its expectations for sames-store sales growth for the entire quarter. Shares fell more than...
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FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier. (AP Photo/John Minchillo, File)
January 15, 2020 - 8:26 am
Comparable store sales at Target fell well below the previous year, joining a growing list of retailers reporting meager performances during the critical holiday shopping season. The company on Wednesday cut its expectations for sames-store sales growth for the entire quarter. Shares fell more than...
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