Business

Trader Fred DeMarco works on the floor of the New York Stock Exchange, Friday, Aug. 23, 2019. Stocks tumbled on Wall Street after President Donald Trump said he "hereby ordered" U.S. companies to consider alternatives to doing business in China. (AP Photo/Richard Drew)
1010 WINS Newsroom
August 23, 2019 - 10:14 pm
The Dow Jones Industrial Average plunged more than 600 points Friday after the latest escalation in the trade war between the U.S. and China rattled investors. The broad sell-off sent the S&P 500 to its fourth straight weekly loss. Stocks tumbled after President Donald Trump responded angrily...
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(AP Photo/Richard Drew)
1010 WINS Newsroom
August 23, 2019 - 4:06 pm
NEW YORK (1010 WINS/AP) -- The Dow plunged more than 620 points Friday, after President Donald Trump traded barbs with China and the Federal Reserve. Stocks tumbled after Trump demanded that U.S. companies with operations in China consider moving them to other countries — including the U.S. — just...
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David Caplan
August 22, 2019 - 4:54 pm
NEW YORK (1010 WINS) -- The publisher of The Wall Street Journal and The New York Post is preparing to launch a news aggregation service -- as a website and an app --cleverly called Knewz.com, News Corp. confirmed. The Wall Street Journal reported Thursday , citing unnamed sources, first reported...
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FILE - In this July 11, 2019, file photo Weber grills are displayed at the Home Depot store in Londonderry, N.H. The Home Depot Inc. on Tuesday, Aug. 20, reported fiscal second-quarter net income of $3.48 billion. (AP Photo/Charles Krupa, File)
1010 WINS Newsroom
August 20, 2019 - 4:37 pm
Americans continue to shop, vacation and buy cars at a brisk clip. But corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy. Home Depot, the nation's largest home improvement chain, said as much on Tuesday,...
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1010 WINS Newsroom
August 20, 2019 - 2:54 pm
DALLAS (AP) — Texas Gov. Greg Abbott has announced that Uber will receive a $24 million state incentive package and open a new administrative hub in Dallas, bringing with it about 3,000 jobs. Abbott said in a statement Tuesday that the Dallas offices will house various corporate functions. Uber CEO...
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FILE - In this July 30, 2019, file photo, the social media application, Facebook is displayed on Apple's App Store. Facebook is launching a long-promised tool that lets users block the social network from gathering information about them on outside websites and apps. Facebook said Tuesday, Aug. 20, that it is adding a place where users can see the activity that Facebook tracks outside its service. If they want, they can turn it off. (AP Photo/Amr Alfiky)
1010 WINS Newsroom
August 20, 2019 - 2:28 pm
SAN FRANCISCO (AP) — Soon, you could get fewer familiar ads following you around the internet — or at least on Facebook. Facebook is launching a long-promised tool that lets you limit what the social network can gather about you on outside websites and apps. The company said Tuesday that it is...
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1010 WINS Newsroom
August 20, 2019 - 12:55 pm
DALLAS (AP) — Airlines expect record crowds over the week-long Labor Day period, continuing a rise in travel that has boosted the airlines' profits all year. The trade group Airlines for America forecast Tuesday that 17.5 million passengers will fly on U.S. carriers between Aug. 28 and Sept. 3...
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1010 WINS Newsroom
August 20, 2019 - 9:18 am
INDIANAPOLIS (AP) — Elanco Animal Health will spend $7.6 billion to acquire Bayer AG's veterinary medicines business, which would make it the second-largest animal health company. Elanco said Tuesday that it will pay $5.3 billion, or about 70% of the total price, in cash and the rest in stock. The...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Aug. 20, 2019. Asian shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. (AP Photo/Koji Sasahara)
1010 WINS Newsroom
August 20, 2019 - 8:08 am
TOKYO (AP) — Global shares were mixed Tuesday after rallying a day earlier on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. Markets around the world have been swinging back and forth for months on incremental developments in the U.S...
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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)
1010 WINS Newsroom
August 20, 2019 - 4:01 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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