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Tuesday, Jun 19, 2018 at 08:21 PM PDT

Starbucks to Accelerate Store Closings Next Year

Starbucks to Accelerate Store Closings Next Year

Starbucks says it will accelerate its store closings in the U.S. next year as it tries to boost sluggish sales. The Seattle-based company announced Tuesday that it will close 150 underperforming stores in...

Tuesday, Jun 19, 2018 at 05:12 PM PDT

GE to End More Than 100-Year Run on Dow; Walgreens Added

GE to End More Than 100-Year Run on Dow; Walgreens Added

General Electric will be dropped from the Dow Jones industrial average next week, ending the conglomerate's more than 100-year run in the 30-company blue chip index. S&P Dow Jones Indices said Tuesday that...

Tuesday, Jun 19, 2018 at 12:56 PM PDT

Alexa, Send Up Breakfast: Amazon Launches Echo for Hotels

Alexa, Send Up Breakfast: Amazon Launches Echo for Hotels

Alexa has a new job: hotel concierge. Amazon has launched a version of Alexa for hotels that lets guests order room service through the voice assistant, ask for more towels or get restaurant recommendations...

Tuesday, Jun 19, 2018 at 05:47 AM PDT

3 Money Tasks You Shouldn't Tackle on Your Own

3 Money Tasks You Shouldn't Tackle on Your Own

No one cares as much about your money as you do, but never asking for help can be dangerous — and expensive. In a previous column, I detailed the hazards of trying to do your own estate plan and how problems...

Monday, Jun 18, 2018 at 06:46 AM PDT

Audi CEO Detained in Germany Diesel Emissions Case

Audi CEO Detained in Germany Diesel Emissions Case

German authorities on Monday detained the chief executive of Volkswagen's Audi division, Rupert Stadler, as part of a probe into the manipulation of emissions controls. The move is an extension of the emissions...

Saturday, Jun 16, 2018 at 01:05 AM PDT

Nike Sorry After Naval Academy Says Logo Resembles Crest

Nike Sorry After Naval Academy Says Logo Resembles Crest

Nike Inc. apologized after the U.S. Naval Academy in Maryland said the similarities between a logo for a clothing line and the academy's historic seal are undeniable. Nike said in a statement Friday that...

Friday, Jun 15, 2018 at 09:37 AM PDT

Why Many Americans Aren't Benefiting From Strong US Economy

Why Many Americans Aren't Benefiting From Strong US Economy

"The economy," Federal Reserve Chairman Jerome Powell declared this week, "is doing very well." And it is. Steady hiring has shrunk unemployment to 3.8 percent — the lowest since the 1960's. Consumers are...

Friday, Jun 15, 2018 at 01:29 AM PDT

Google Barely Moves Needle on Gender, Diversity in Workforce

Google Barely Moves Needle on Gender, Diversity in Workforce

Google barely raised the number of women and under-represented minorities among its ranks, while it got less white and more Asian over the past year, according to the search giant's fifth annual diversity...

Thursday, Jun 14, 2018 at 12:49 AM PDT

How Fox's Businesses Would Match Up With Disney and Comcast

How Fox's Businesses Would Match Up With Disney and Comcast

Competing bids from Comcast and Disney for the bulk of Twenty-First Century Fox come as the media landscape changes and companies get more involved in both creating and distributing content. X-Men and other...

Wednesday, Jun 13, 2018 at 09:55 PM PDT

Weak Pay Growth Puzzles Fed Chief, Just Like Everyone Else

Weak Pay Growth Puzzles Fed Chief, Just Like Everyone Else

Halfway through a news conference Wednesday, the head of the world's most powerful central bank was asked a question weighing on the minds — and the checking accounts — of Americans everywhere: When will people...

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