Consumer services

FILE - In this Nov. 6, 2018 file photo, attendees look at the latest technology from Qualcomm at the China International Import Expo in Shanghai. Qualcomm’s stock is tumbling before Wednesday’s market open on May 22, 2019, after a federal judge ruled that the company unlawfully stifled cellphone chip market competition and charged excessive licensing fees. (AP Photo/Ng Han Guan, File)
May 22, 2019 - 10:33 am
NEW YORK (AP) — Banks and retailers pushed the market broadly lower in morning trading on Wall Street Wednesday. Stocks have swung between gains and losses all week as investors keep a wary eye on the intensifying trade war between the U.S. and China. The latest developments came when the U.S...
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FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. An aggressive campaign at Target to let customers do more online is paying off. The retailer on Wednesday, May 22, 2019, exceeded first quarter expectations on just about every level, saying the same day services it's rolled out in recent years drove more than 25 percent of comparable sales growth. (AP Photo/Gene J. Puskar, File)
May 22, 2019 - 10:32 am
NEW YORK (AP) — An aggressive campaign at Target to let customers do more online is paying off. The retailer exceeded first quarter expectations on just about every level, saying the same day services it's rolled out, including picking up online orders at the store, drove more than 25% of...
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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 - 12:53 pm
NEW YORK (AP) — The outlook for department stores got murkier Tuesday after J.C. Penney and Kohl's reported fiscal first quarter results that showed they struggled at the start of the year. Penney, which has been trying to turn around its business for several years after a disastrous reinvention...
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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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May 21, 2019 - 7:27 am
LONDON (AP) — Celebrity chef Jamie Oliver's British restaurant chain has become insolvent, putting 1,300 jobs at risk. The firm said Tuesday that it had gone into administration, a form of bankruptcy protection, and appointed KPMG to oversee the process. The company operates 23 Jamie's Italian...
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May 20, 2019 - 7:09 pm
NEW YORK (AP) — Dressbarn, the women's clothing chain that's been around for nearly 60 years, is closing all 650 of its stores. The company's chief financial officer, Steven Taylor, said Dressbarn has not been operating at an "acceptable level of profitability in today's retail environment." Its...
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FILE - In this Jan. 2, 2019, file photo, construction continues on the Encore Boston Harbor luxury resort and casino in Everett, Mass., being built by Wynn Resorts. In joint statement on Friday, May 17, 2019, Wynn Resorts and MGM Resorts said they are discussing the possible sale of Encore Boston Harbor to MGM, It is scheduled to open in June. MGM opened a casino in Springfield, Mass., in August 2018. (AP Photo/Steven Senne, File)
May 17, 2019 - 5:49 pm
BOSTON (AP) — Two major casino operators said Friday they were in preliminary talks about the possible sale of one of the largest casinos in the Northeast. Wynn Resorts and MGM Resorts International said in a joint statement they've engaged in conversations about the potential sale of Encore Boston...
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FILE - In this Tuesday, July 11, 2017 file photo, a Deliveroo logo is seen on a bicycle in London. Amazon is investing in British meal delivery company Deliveroo, expanding its reach into food retailing. Deliveroo said Friday May 17, 2019 that it raised $575 million from investors led by Amazon. (AP Photo/Frank Augstein, file)
May 17, 2019 - 2:57 pm
LONDON (AP) — Amazon is investing in British meal delivery company Deliveroo, giving the online shopping behemoth a larger stake in the fast-growing restaurant delivery business. Amazon failed to get its own restaurant delivery business going in the United Kingdom, shutting it down for good late...
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May 16, 2019 - 6:11 pm
LAS VEGAS (AP) — Casino giant MGM Resorts told federal regulators Thursday it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history. "The company believes it is reasonably possible that a settlement will be...
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FILE - In this April 24, 2019, file photo a Walmart associate works at a Walmart Neighborhood Market in Levittown, N.Y. Walmart Inc. reports earnings on Thursday, May 16. (AP Photo/Mark Lennihan, File)
May 16, 2019 - 10:30 am
NEW YORK (AP) — Walmart warned on Thursday that higher tariffs on imports from China will mean higher prices. The comments came after the nation's largest retailer reported its best sale performance at its established U.S. namesake stores for the fiscal first quarter in nine years. It marked 19...
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