Visitors past through the Beijing Daxing International Airport near Beijing on Wednesday, Dec. 11, 2019. Newly opened in Sept, the airport was built in less than five years at a cost of 120 billion yuan (dollars 17 billion U.S.), is designed to handle 72 million passengers a year. (AP Photo/Ng Han Guan)
December 12, 2019 - 4:09 am

Happy contrails ... Delta sees strong 2020 profit, revenue

Delta Air Lines, the most profitable U.S. carrier, expects profits and revenue to increase next year on sustained demand for air travel and stable prices for jet fuel. The Atlanta airline said 2020 adjusted earnings will be between $6.75 and $7.75 per share. The midpoint of that range is modestly...
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FILE - In this Sept. 18, 2019, file photo, stock prices are displayed at the New York Stock Exchange. U.S. stocks pushed upward in early trading Friday, Nov. 22, 2019, following a global tide higher, as a week clouded by uncertainty about progress in U.S.-China trade talks comes to a close. (AP Photo/Mark Lennihan, File)
November 22, 2019 - 2:17 pm

S&P 500 snaps 6-week string of gains even as stocks rise

U.S. stocks shook off a midday stumble to finish slightly higher Friday, though the modest rebound was not enough to keep the S&P 500 from breaking its longest stretch of weekly gains in two years. Banks, health care stocks and companies that rely on consumer spending powered much of the...
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FILE - In this Nov. 21, 2013, file photo, with the Empire State building in the background, the Macy's logo is illuminated on the front of the department store in New York. Macy's Inc. (M) on Thursday, Nov. 21, 2019, reported fiscal third-quarter net income of $2 million. The Cincinnati-based company said it had net income of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share. (AP Photo/Mark Lennihan, File)
November 21, 2019 - 2:04 pm

Macy's weak earnings reflect more trouble at malls

NEW YORK (AP) — There’s more trouble for the nation’s malls heading into the crucial holiday shopping season. A slew of mall-based clothing retailers delivered weak third-quarter earnings reports in recent days, the latest indication of shoppers’ increasing shift online and away from traditional...
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FILE - This May 3, 2017, file photo shows a Target store in Omaha, Neb. Target Corp. (TGT) on Wednesday, Nov. 20, 2019, reported fiscal third-quarter profit of $714 million. (AP Photo/Nati Harnik, File)
November 20, 2019 - 1:59 pm

Target bursts into the holiday season with a bang

NEW YORK (AP) — Target is bursting into the critical holiday season with strong third-quarter earnings as the company pushes faster delivery and invests in stores and on new fashion brands. The retailer raised its expectations for the year and shares closed up more than 14% at $126.43. Target’s...
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November 19, 2019 - 3:26 am

Home Depot cuts outlook as 3Q revenue misses forecast

Home Depot had a rocky third quarter, with revenue and a key sales figure missing analysts’ expectations. The home improvement company also cut its forecasts for full-year revenue and comparable sales. Shares dropped 5.8% before the market open on Tuesday. For the three months ended Nov. 3, Home...
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November 15, 2019 - 1:46 pm

Report: Hurricane Dorian inflicted $3.4B losses on Bahamas

SAN JUAN, Puerto Rico (AP) — A new report says Hurricane Dorian inflicted losses of about $3.4 billion on the Bahamas, an amount equal to one-quarter of the Caribbean archipelago’s GDP. In a report released Friday, the Inter-American Development Bank also says there were 67 confirmed deaths and...
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FILE - In this Nov. 9, 2018, file photo shoppers look at televisions at a Walmart Supercenter in Houston. Walmart Inc. reports earnings Thursday, Nov. 14, 2019. (AP Photo/David J. Phillip, File)
November 14, 2019 - 5:27 am

Walmart’s online sales are surging heading into holidays

Walmart raised its annual profit expectations after reporting strong third-quarter results helped by its grocery business. The results, announced Thursday, offer encouraging news as it heads into the holiday shopping season and offer the latest evidence that Walmart is closing the gap between...
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Specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange, Tuesday, Nov. 12, 2019. Stocks are opening slightly higher on Wall Street, led by gains in technology and health care companies. (AP Photo/Richard Drew)
November 12, 2019 - 1:52 pm

US stock indexes turn mixed after early rally loses momentum

Stocks on Wall Street closed with modest gains Tuesday after an early rally lost momentum toward the end of the day. The Nasdaq composite still finished with its second record high in three days, while the Dow Jones Industrial Average ended unchanged from the all-time high it set a day earlier. The...
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In this July 25, 2019, photo, a staff member stands by a window of a Nissan car gallery in Tokyo. Japanese automaker Nissan has seen July-September profit tumble to half of what it earned the previous year as sales and brand power crumbled since the arrest of former Chairman Carlos Ghosn a year ago. (AP Photo/Eugene Hoshiko)
November 12, 2019 - 1:18 am

Scandal-hit Nissan's profits crash amid lower global sales

TOKYO (AP) — Japanese automaker Nissan says its July-September profit tumbled to half of what it earned the previous year as sales and brand power crumbled following the arrest of its former Chairman Carlos Ghosn. Nissan Motor Co. reported Tuesday that its fiscal second quarter profit totaled 59...
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FILE - In this Oct. 29, 2019, file photo specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Nov 8. (AP Photo/Richard Drew, File)
November 08, 2019 - 11:17 am

Stocks wobble amid conflicting signals on China trade talks

NEW YORK (AP) — Stocks wobbled between small gains and losses Friday amid conflicting signals about how much progress is being made toward resolving the U.S.-China trade war. Despite the confusion, the S&P 500 was still poised for a fifth straight week of gains, which would match its longest...
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