Economy

February 17, 2020 - 4:31 pm
Pier 1 Imports Inc. — the once-trendy supplier of home goods like papasan chairs and throw pillows — filed for bankruptcy protection Monday after years of sliding sales. The Fort Worth, Texas-based company has been struggling with increased competition from budget-friendly online retailers like...
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FILE - In this March 1, 2012 file photo, former President Bill Clinton shakes hands with Owen Bieber, left, with United Auto Workers union (UAW), at the 2012 UAW National Community†Action Program Conference, at the Marriott Wardman Park Hotel, in Washington. Bieber, who led the United Auto Workers union from the auto industry's dark days of the early 1980s to the prosperity of the mid-1990s, has died. He was 90.(AP Photo/Jacquelyn Martin, File)
February 17, 2020 - 2:11 pm
Owen Bieber, who led the United Auto Workers union from the auto industry's dark days of the early 1980s to the prosperity of the mid-1990s, has died. He was 90. Neither as charismatic as his predecessor, Douglas Fraser, nor as confrontational as his successor, Stephen Yokich, the low-key Bieber...
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February 17, 2020 - 1:53 pm
Owen Bieber, who led the United Auto Workers union from the auto industry's dark days of the early 1980s to the prosperity of the mid-1990s, has died. He was 90. Neither as charismatic as his predecessor, Douglas Fraser, nor as confrontational as his successor, Stephen Yokich, the low-key Bieber...
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February 17, 2020 - 12:37 pm
Home goods retailer Pier 1 Imports Inc. said Monday that it has filed for bankruptcy protection. The Fort Worth, Texas-based company, which was founded in 1962, has been struggling with increased competition from online retailers such as Wayfair. Pier 1 said it will pursue a sale, with a March 23...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Feb. 17, 2020. Markets are mixed in Asia, with Japan's benchmark slipping 0.8% after the government reported the economy contracted in the last quarter. (AP Photo/Vincent Yu)
February 17, 2020 - 11:56 am
BANGKOK (AP) — Global stocks mostly rose Monday, with Shanghai's benchmark jumping over 2% after the central bank rolled out support for the economy amid a virus outbreak that has infected over 71,000 people globally. Japan's market slumped, however, on weak economic growth figures. Britain's FTSE...
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Democratic presidential candidate Mike Bloomberg gives his thumbs-up after speaking during a campaign event at Hardywood Park Craft Brewery in Richmond, Va., Saturday, Feb. 15, 2020. (James H. Wallace/Richmond Times-Dispatch via AP)
February 17, 2020 - 11:10 am
CARSON CITY, Nev. (AP) — With the Nevada caucuses less than a week away, Democratic presidential candidates campaigning were fixated on a rival who wasn't contesting the state. Bernie Sanders, Joe Biden, Amy Klobuchar, Elizabeth Warren and Pete Buttigieg all went after billionaire Mike Bloomberg...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Feb. 17, 2020. Markets are mixed in Asia, with Japan's benchmark slipping 0.8% after the government reported the economy contracted in the last quarter. (AP Photo/Vincent Yu)
February 17, 2020 - 10:51 am
BANGKOK (AP) — Global stocks mostly rose Monday, with Shanghai's benchmark jumping over 2% after the central bank rolled out support for the economy amid a virus outbreak that has infected over 71,000 people globally. Japan's market slumped, however, on weak economic growth figures. Britain's FTSE...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Feb. 17, 2020. Markets are mixed in Asia, with Japan's benchmark slipping 0.8% after the government reported the economy contracted in the last quarter. (AP Photo/Vincent Yu)
February 17, 2020 - 7:46 am
BANGKOK (AP) — Global stocks mostly rose Monday, with Shanghai's benchmark jumping over 2% after the central bank rolled out support for the economy amid a virus outbreak that has infected over 71,000 people globally. Japan's market slumped, however, on weak economic growth figures. Britain's FTSE...
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In this Feb. 12, 2020, photo, a worker disinfects a mall near an advertisement for a car in Beijing, China. Automakers are gradually reopening factories in China that were idled by anti-virus control. (AP Photo/Ng Han Guan)
February 17, 2020 - 5:49 am
BEIJING (AP) — Automakers are reopening factories in China that were idled by anti-virus controls as they try to reverse a sales slump in their biggest market. Local officials have orders from the ruling Communist Party to get businesses functioning again while still enforcing anti-disease curbs...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Feb. 17, 2020. Markets are mixed in Asia, with Japan's benchmark slipping 0.8% after the government reported the economy contracted in the last quarter. (AP Photo/Vincent Yu)
February 17, 2020 - 4:33 am
BANGKOK (AP) — Shares rose in Europe after a mixed session in Asia on Monday, with Shanghai's benchmark jumping 2.3% after the central bank rolled out more support for the economy amid a spreading virus outbreak that has infected more than 71,000 people in more than two dozen countries. Britain's...
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