Business

1010 WINS Newsroom
January 28, 2020 - 7:35 pm
FRANKLIN, Tenn. (AP) — Slumping Nissan Motor Co. is offering voluntary separation packages to many of its U.S. workers as it tries to resize itself to match lower sales. The Japanese automaker wouldn't say how many employees it is targeting to leave, how much money it expects to save, or give...
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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)
1010 WINS Newsroom
January 28, 2020 - 5:00 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. New drinks like the Pumpkin Cream Cold Brew were a hit with customers, helping the Seattle-based coffee giant beat Wall Street's forecasts in the October-December...
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1010 WINS Newsroom
January 28, 2020 - 4:59 pm
NEW YORK (AP) — Now that football season is almost finished, the dominant nights in broadcast television are coming into focus. As illustrated in the Nielsen company's ratings for last week, that would be CBS' night of drama on Tuesday and Dick Wolf's trilogy of “Chicago” series Wednesday on NBC...
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FILE- In this Oct. 24, 2017, file photo, the logo for 3M appears on a screen above the trading floor of the New York Stock Exchange. A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that, in addition to Post-it notes, makes industrial coatings and ceramics. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
January 28, 2020 - 4:38 pm
A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that makes Post-it notes as well as industrial coatings and ceramics. The 1,500 job cuts come on top of the 2,000 jobs the company trimmed...
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FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York. Pfizer is reporting a $306 million loss for the fourth quarter after it shifted its consumer health business into a joint venture last year. It narrowly Wall Street expectations for net income when nonrecurring events are removed. The biggest US drugmaker on Tuesday, Jan. 28, 2020 reported a net loss of 6 cents per share. (AP Photo/Mark Lennihan, File)
1010 WINS Newsroom
January 28, 2020 - 4:31 pm
Pfizer's ongoing restructuring is significantly reducing revenue, resulting in a $337 million loss in its fourth quarter and a miss of Wall Street's profit expectations. The results and Pfizer's 2020 financial forecasts didn't please investors, who drove Pfizer shares down more than 4%, an...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Tuesday, Jan. 28, 2020. Stocks are opening broadly higher on Wall Street a day after the S&P 500 had its biggest drop since early October. Technology companies were putting up some of the biggest gains early Tuesday. (AP Photo/Richard Drew)
1010 WINS Newsroom
January 28, 2020 - 4:09 pm
Stocks are closing broadly higher on Wall Street, reversing most of their losses from a sell-off the day before. The gains on Tuesday snapped a two-day skid driven by fears that the spread of a new virus in China could hamper global ecomomic growth. Technology stocks rose the most. Banks and other...
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A worker wearing a face mask sprays disinfectant along a path in Wuhan in central China's Hubei Province, Tuesday, Jan. 28, 2020. China's death toll from a new viral disease that is causing global concern rose by 25 to at least 106 on Tuesday as the United States and other governments prepared to fly their citizens out of the locked-down city at center of the outbreak. (AP Photo/Arek Rataj)
1010 WINS Newsroom
January 28, 2020 - 2:08 pm
This should be peak season for a 12-room hotel near the train station in the Chinese industrial hub of Wuhan. The Chinese New Year usually brings in plenty of travelers and delivers profits of around $3,000 a month. But the place is empty. Wuhan, the center of a deadly viral outbreak, is on...
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Mobile network phone masts are visible in front of St Paul's Cathedral in the City of London, Tuesday, Jan. 28, 2020.The Chinese tech firm Huawei has been designated a "high-risk vendor" but will be given the opportunity to build non-core elements of Britain's 5G network, the government has announced. The company will be banned from the "core", of the 5G network, and from operating at sensitive sites such as nuclear and military facilities, and its share of the market will be capped at 35%. (AP Photo/Alastair Grant)
1010 WINS Newsroom
January 28, 2020 - 1:44 pm
LONDON (AP) — Britain decided Tuesday to let Chinese tech giant Huawei have a limited role supplying new high-speed network equipment to wireless carriers, ignoring the U.S. government's warnings that it would sever intelligence sharing if the company was not banned. Britain's decision is the first...
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FILE - In this Jan. 23, 2018, file photo, Republican Beth Harwell addresses the audience during the Gubernatorial Forum on Education at Belmont University in Nashville, Tenn. President Donald Trump has nominated Harwell to serve on the board of directors of the nation's largest public utility. In a news release Tuesday, Jan. 28, 2020 Republican U.S. Sen. Lamar Alexander praised the nomination of Beth Harwell to the Tennessee Valley Authority board. (George Walker IV/The Tennessean via AP, Pool, File)
1010 WINS Newsroom
January 28, 2020 - 12:47 pm
NASHVILLE, Tenn. (AP) — President Donald Trump has nominated a former Tennessee House speaker to serve on the board of directors of the nation's largest public utility. In a news release Tuesday, Republican U.S. Sen. Lamar Alexander praised the nomination of Beth Harwell to the Tennessee Valley...
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FILE - This Jan. 9, 2020, file photo shows a sold sign is posted on a real estate sign outside a home in Derry, N.H. On Tuesday, Jan. 28, 2020, the Standard & Poor's/Case-Shiller 20-city home price index for November is released. (AP Photo/Charles Krupa, File)
1010 WINS Newsroom
January 28, 2020 - 10:38 am
WASHINGTON (AP) — U.S. home prices rose at a faster pace in November than the previous month as lower mortgage rates and a sharp drop in available properties have pushed would-be buyers to bid up home values. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.6% in November from a...
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