Consumer products and services

January 30, 2020 - 5:11 am
THE HAGUE, Netherlands (AP) — Consumer products multinational Unilever's turnover rose 2% in 2019 to 52 billion euros ($57.3 billion), the company said Thursday as it also announced a major review of its tea division. Net profit at the Anglo-Dutch company whose brands include Lipton tea, Dove soaps...
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January 30, 2020 - 4:35 am
COPENHAGEN, Denmark (AP) — Swedish low-cost fashion brand Hennes & Mauritz AB says its net sales have increased by 11% to 232.7 billion kronor ($24.2 billion) last year “in an ever-changing fashion industry.” The Stockholm-based group says its full year gross profit increased by 9% to 33.3...
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January 29, 2020 - 9:39 pm
SEOUL, South Korea (AP) — Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gradually stabilizing computer chip market and increasing 5G smartphone sales. The South Korean tech...
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FILE - In this Nov. 10, 2019, file photo the company logo shines off the grille of an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Tesla reports financial results on Wednesday, Jan. 29, 2020. (AP Photo/David Zalubowski, File)
January 29, 2020 - 6:03 pm
DETROIT (AP) — Record electric vehicle sales in the fourth quarter helped to push Tesla Inc. to its second-straight quarterly profit, giving bullish investors optimism that sustained black ink lies ahead. The Palo Alto, California, company said it made a net profit of $105 million from October...
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January 29, 2020 - 4:38 pm
NEW ORLEANS (AP) — Walmart isn't responsible for paying sales taxes for items sold through its online “marketplace” for third-party sellers under Louisiana law, the state's Supreme Court ruled Wednesday. Wednesday's 4-3 decision comes in a case involving the New Orleans suburb of Jefferson Parish...
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January 29, 2020 - 1:55 pm
BUDAPEST, Hungary (AP) — The latest issue of the Hungarian edition of Forbes magazine has been recalled from newsstands due to a court ruling regarding privacy concerns, the magazine said Wednesday. According to a statement from Forbes, the owners of Hell Energy, a Hungarian energy drink...
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FILE - In this Jan. 22, 2020, file photo signs for a McDonald's restaurant hang on a building in the Chinatown section of New York. McDonald's reports financial results on Wednesday, Jan. 29. (AP Photo/Mark Lennihan, File)
January 29, 2020 - 11:06 am
McDonald's wrapped up a tumultuous year on a high note after the company's CEO was ousted in November. The burger giant said Wednesday it surpassed $100 billion in annual sales for the first time, and notched its highest same-store sales in more than a decade, with growth in all of its global...
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FILE - In this Jan. 16, 2020, file photo customers come and go at a Starbucks on South Claiborne Ave. in New Orleans. Starbucks Corp. reports financial earns on Tuesday, Jan. 28. (AP Photo/Gerald Herbert, File)
January 28, 2020 - 7:12 pm
It was a happy holiday at Starbucks, but the company's sales momentum could start to slow due to the coronavirus outbreak in China. Starbucks said it had intended to raise its full-year earnings guidance Tuesday, but uncertainty about China put that on pause. Starbucks said it has already closed...
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In this May 30, 2018, photo, Montville High School's Alexis Michon throws a pitch during a playoff game against Waterford in Montville, Conn. As Native American logos and mascots face growing scrutiny from state lawmakers, the Mohegan Tribe, which traces its local history back for centuries, said it no longer supports the use of Indian-related team names. (Sarah Gordon/The Day via AP)
January 27, 2020 - 11:15 am
MONTVILLE, Conn. (AP) — For decades the Montville High School athletic teams have competed as the “Indians” with the blessing of the Mohegans, the Native American tribe that traces its local history back centuries and today operates one of the world’s biggest casinos. Then last week, the Mohegan...
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January 27, 2020 - 9:46 am
BERLIN (AP) — A German privacy watchdog says it has opened an investigation into clothing retailer H&M amid evidence that the Swedish retailer had committed “massive data protection breaches” by spying on its customer service representatives in Germany. Hamburg's data protection commissioner...
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