Consumer products and services

August 22, 2019 - 4:28 pm
SAN FRANCISCO (AP) — HP Inc. is losing the chief executive who has been leading the personal computer maker since it broke off as a separate company four years ago. The Palo Alto, California, company says CEO Dion Weisler will step down from the job Nov. 1 because of an undisclosed family issue. He...
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FILE - This Aug. 23, 2018, file photo shows a window display at a Gap Kids clothing store in Winter Park, Fla. The Gap Inc. reports financial results Thursday, Aug. 22. (AP Photo/John Raoux, File)
August 22, 2019 - 3:53 pm
NEW YORK (AP) — Gap Inc.'s fiscal second quarter profits fell 43%, dragged down by costs related to store closings and the restructuring of its business. The beleaguered San Francisco-based chain also reported comparable sales declines at its three top brands, including at Old Navy, once a bright...
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FILE - In this Nov. 6, 2007, file photo Patrick Byrne, President and CEO of Overstock.com is reflected on a large television screen while being interviewed at the headquarters for supporters of school vouchers in Salt Lake City. Byrne has resigned, saying he’d become “far too controversial” to helm the e-commerce company known for selling discounted sofas and jewelry. Bryne, who founded the online discount retailer 20 years ago, said Thursday, Aug. 22, 2019, that was “in the sad position” of having to step down. (AP Photo/Steve C. Wilson)
August 22, 2019 - 2:14 pm
SAN FRANCISCO (AP) — The CEO of Overstock.com has resigned, saying he'd become "far too controversial" to helm the e-commerce company known for selling discounted sofas and jewelry. Patrick Byrne's resignation Thursday came after the company issued a bizarre statement last week in which the former...
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FILE - In this Aug. 16, 2019, file photo traders Dudley Devine, left, and Christopher Fuchs work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 22. (AP Photo/Richard Drew, File)
August 22, 2019 - 2:14 pm
A wobbly day on Wall Street left stock indexes mostly lower Thursday as investors turned cautious ahead of a widely anticipated speech by the Federal Reserve chairman. Losses by health care, technology and energy companies, among other sectors, outweighed gains by banks, consumer goods makers and...
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August 21, 2019 - 8:27 am
WASHINGTON (AP) — The U.S. job market isn't quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported. The Labor Department says that nearly two-thirds of the downward revision came from the retail and...
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FILE - In this July 10, 2019, file photo shoppers visit the downtown Target Store in Minneapolis. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Jim Mone, File)
August 21, 2019 - 4:34 am
NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushes faster delivery and invests heavily in new private label brands. Comparable store sales, which include online sales, rose 3.4 % as customer traffic jumped 2.4%. The measure includes...
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August 20, 2019 - 4:30 am
Home Depot cut its sales expectations for the year as lumber prices slid and the company braces for the potential impact of tariffs on its customers. The Trump administration delayed most of the tariffs it planned to impose on Chinese goods last week and dropped others altogether, responding to...
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Huawei's founder Ren Zhengfei, looks on during an interview at the Huawei campus in Shenzhen in Southern China's Guangdong province on Tuesday, Aug. 20, 2019. Ren said he expects no relief from U.S. export curbs due to the political climate in Washington but expresses confidence the company will thrive with its own technology. (AP Photo/Ng Han Guan)
August 20, 2019 - 4:29 am
SHENZHEN, China (AP) — The founder of Chinese tech giant Huawei said Tuesday he expects no relief from U.S. export curbs due to the political climate in Washington but expressed confidence the company will thrive because it is developing its own technology. Ren Zhengfei also said he doesn't want...
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FILE - In this March 12, 2019, file photo, Samantha Estes prepares garments to be photographed at the ThredUp sorting facility in Phoenix. J.C. Penney and Macy’s are in the midst of rolling out a few dozen ThredUp branded shops each in time for the back-to-school shopping season. The partnerships follow a similar deal with department store retailer Stage Stores. (AP Photo/Matt York, File)
August 20, 2019 - 1:01 am
NEW YORK (AP) — Out with the new and in with the old. As department stores watch their customers flock to second-hand stores, some are trying to bring them back by partnering with online resale sites. Last week, J.C. Penney and Macy's announced a pilot program to set aside sections inside a few...
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Thomas Uhle, grow manager, tends to marijuana plants growing at GB Sciences Louisiana, in Baton Rouge, La., Tuesday, Aug. 6, 2019. Today was the first day the marijuana, which was grown for medical purposes, was processed and shipped to patients in Louisiana. (AP Photo/Gerald Herbert)
August 19, 2019 - 11:38 am
BATON ROUGE, La. (AP) — Two weeks after Louisiana patients began receiving medical marijuana, the program is humming along without supply disruption and with thousands of people receiving the drug for medical use, regulatory officials and the head of one growing operation said Monday. John Davis,...
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