Business

August 15, 2019 - 7:18 am
NEW YORK (AP) — In a story Aug. 14 about Facebook paying contractors to transcribe audio clips from users of its Messenger service, The Associated Press reported that Irish data protection regulators said they'd also had "ongoing engagement with Google, Apple and Microsoft" over the issue but didn'...
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New York Stock Exchange
Drew Angerer/Getty Images
August 14, 2019 - 4:20 pm
Compared to the free-swinging and sometimes emotional stock market, the bond market is supposed to be the sober and measured one.
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, center, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq in New York. Office space-sharing company WeWork is getting ready to go public, adding to a growing list of tech businesses making such a move this year. WeWork, which recently renamed itself The We Co., said in a regulatory filing Wednesday, Aug. 14, 2019 that it now has 527,000 memberships across 29 countries. (AP Photo/Mark Lennihan, File )
August 14, 2019 - 2:05 pm
NEW YORK (AP) — WeWork's parent company gave investors the most detailed look yet at its finances Wednesday, revealing breakneck growth on the back of massive losses as the office-sharing company prepares for a highly anticipated debut on the stock market. Founded as a co-working space in Manhattan...
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Tennessee Gov. Bill Lee addresses reporters at a news conference announcing an investment by shipping giant FedEx Corp. of $450 billion to help modernize its Memphis hub on Friday. Aug.2, 2019 in Memphis, Tenn. (AP Photo/Adrian Sainz)
August 07, 2019 - 1:12 pm
NEW YORK (AP) — FedEx will no longer make ground deliveries for Amazon as the online shopping giant builds its own fleet and becomes more of a threat to delivery companies. The announcement Wednesday comes two months after FedEx already terminated its air delivery contract with Amazon. FedEx said...
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FILE - In this July 16, 2019, file photo a pedestrian reflect in a store window at Barneys department store in New York. has filed for Chapter 11 bankruptcy protection, becoming the latest retailer unable to withstand the consumer shift to online shopping and high rents. Barneys said it’ll use the bankruptcy process to review store leases to best optimize its operations. The company also announced Tuesday, Aug. 6, that it has secured $75 million in new capital to facilitate a going concern sale process. (AP Photo/Bebeto Matthews, File)
August 06, 2019 - 7:59 am
NEW YORK (AP) — Barneys New York is filing for Chapter 11 bankruptcy protection, the latest retailer to buckle as shoppers move online and real estate costs soar. The iconic clothier founded almost a century ago will keep the doors open at its 10-story Madison Avenue store, but its secured $75...
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FILE - In a Thursday, Dec. 6, 2018 file photo, Ariana Grande attends the 13th annual Billboard Women in Music event at Pier 36, in New York. Chinese tech giant Tencent is in talks with French media company Vivendi to buy 10% of Universal Music Group, whose artists include Ariana Grande, according to an announcement from Vivendi Tuesday Aug. 6, 2019.(Photo by Evan Agostini/Invision/AP, File)
August 06, 2019 - 6:54 am
PARIS (AP) — Chinese tech giant Tencent is in talks with French media company Vivendi to buy 10% of Universal Music Group, whose artists include Ariana Grande, Lady Gaga, U2 and the Rolling Stones. Vivendi said Tuesday it has started preliminary negotiations that value Universal Music at about 30...
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FILE - In this July 16, 2019, file photo, a man walks across the street from a Capital One location in San Francisco. A security breach at Capital One Financial, one of the nation's largest issuers of credit cards, compromised the personal information of about 106 million people, and in some cases the hacker obtained Social Security and bank account numbers. (AP Photo/Jeff Chiu, File)
July 30, 2019 - 5:23 pm
SEATTLE (AP) — A hacker accessed the personal information of 106 million Capital One credit card holders or credit card applicants in the U.S. and Canada, in the latest massive data breach at a large company. Capital One Financial Corp., one of the nation's largest issuers of credit cards, said...
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FILE - In this file photo dated March 28, 2019, the sign for a Holiday Inn in New York. The fight to save the seas from plastic waste may mean the end for mini bottles of shampoo and other toiletries, after the owner of Holiday Inn and InterContinental Hotels announced Tuesday July 30, 2019, that it will switch to bulk-size bathroom amenities across the hotel group. (AP Photo/Jenny Kane, FILE)
July 30, 2019 - 12:43 pm
LONDON (AP) — The fight to save the seas from plastic waste may mean the end for mini bottles of shampoo and other toiletries that hotel guests love to stuff into their luggage. The owner of Holiday Inn and InterContinental Hotels said Tuesday that its nearly 843,000 guest rooms are switching to...
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FILE - This July 9, 2019, file photo shows a sign outside of the Twitter office building in San Francisco. Twitter reports financial earnings on Friday, July 26. (AP Photo/Jeff Chiu, File)
July 26, 2019 - 7:56 am
SAN FRANCISCO (AP) — Twitter is reporting surprisingly strong user numbers and revenue even as it eliminates robotic and fake accounts on its platform. On that front, the company said instances of suspicious behavior and spam dropped by 18% during the second quarter when it posted financial results...
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Nissan CEO Hiroto Saikawa speaks during a news conference at the global headquarters Thursday, July 25, 2019, in Yokohama, west of Tokyo. Nissan says it is slashing 12,500 jobs or about 9% of its global workforce in an effort to cut costs and achieve a turnaround, as its profits tumble. (AP Photo/Jae C. Hong)
July 25, 2019 - 5:07 am
TOKYO (AP) — Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday. Nissan Motor Co. also said it will cut global production capacity by 10% and reduce model lineups by at least 10% by the...
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