Business

MCT
Kimberly Dole
June 24, 2019 - 12:40 pm
NEW YORK (1010 WINS/AP) -- Convienence store chain 7-Eleven is launching a service that allows customers to order anything from a slurpee to a battery charger and have it delivered to a public place such as a beach or park. Starting Monday, users will be able to take advantage of more than 2,000 7-...
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FILE - This March 28, 2018, file photo shows a Facebook logo at the company's headquarters in Menlo Park, Calif. Facebook’s plan to create a digital currency used across the world is already raising concern with financial regulators and privacy experts. (AP Photo/Marcio Jose Sanchez, File)
June 24, 2019 - 5:05 am
LONDON (AP) — A senior Facebook executive says the social media site is in favor of regulation to address some of the dark problems of the internet. Nick Clegg, the former leader of the U.K. Liberal Democrat party who now heads global affairs for Facebook, says it is not "for private companies" to...
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A currency trader reads documents at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 21, 2019. Shares retreated in Asia on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high as weak manufacturing data from Japan helped dampen investor sentiment. (AP Photo/Ahn Young-joon)
June 21, 2019 - 5:45 am
BANGKOK (AP) — Shares opened higher in Europe on Friday after mostly declining in Asia despite the S&P 500 index's record high overnight close. Germany's DAX added 0.4% to 12,400.10 while the CAC 40 in Paris climbed 0.6% to 5,566.15. Britain's FTSE 100 rose 0.3% to 7,445.33. U.S. shares looked...
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Norma Butterfield, mother of Slack Technologies CEO Stewart Butterfield, rings a ceremonial bell on the floor of the New York Stock Exchange as the Slack IPO begins trading, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 11:00 pm
NEW YORK (AP) — Slack's newly public shares aren't slacking off. The work messaging service grew 49% in value after its stock started trading Thursday under the ticker "WORK." Slack's debut is the latest in several highly anticipated initial public offerings of stock for tech companies. While some...
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FILE- This Nov. 9, 2018, file photo shows a Walmart Supercenter in Houston. Walmart agreed Thursday, June 20, 2019, to pay $282 million to settle civil and criminal allegations of overseas corruption, including payment through a Brazilian subsidiary of more than $500,000 to an intermediary known as a "sorceress" for her uncanny ability to make permit problems disappear. (AP Photo/David J. Phillip, File)
June 20, 2019 - 6:11 pm
ALEXANDRIA, Va. (AP) — Walmart agreed Thursday to pay $282 million to settle federal allegations of overseas corruption, including funneling more than $500,000 to an intermediary in Brazil who was known as a "sorceress" for her uncanny ability to make construction permit problems disappear. U.S...
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FILE - This May 2, 2016, file photo, shows the Adonia cruise ship arriving in Havana, Cuba, from Miami. Cruise ship operator Carnival is citing the U.S. ban on cruises to Cuba among factors that will cause its full-year earnings to fall short of expectations. The Miami company's second quarter profit fell 20%, although the results were better than Wall Street expected. (AP Photo/Desmond Boylan, File)
June 20, 2019 - 5:59 pm
MIAMI (AP) — Shares of cruise line operator Carnival Corp. fell Thursday after the company reported a 20% drop in quarterly profit and cut its full-year earnings forecast partly because of the Trump administration's decision to ban cruises between the U.S. and Cuba. Carnival earned $451 million in...
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FILE- In this Nov. 16, 2018, photo an assembly line worker packages items from an online order to be shipped out of a Target store in Edison, N.J. Target is offering same-day delivery on thousands of items for $9.99 per order through a delivery startup it purchased nearly two years ago. (AP Photo/Julio Cortez, File)
June 13, 2019 - 10:09 am
NEW YORK (AP) — How much would you be willing to pay to get those diapers within an hour or so? In the latest salvo in the delivery wars, Target is offering same-day delivery on thousands of items for $9.99 per order through a delivery startup it purchased nearly two years ago Until now, Target...
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FILE - This March 14, 2017 file photo shows the Starbucks logo on a shop in downtown Pittsburgh. Starbucks and environmental charity Hubbub announced Monday, June 10, 2019 are launching a trial program to lend passengers at Britain’s Gatwick Airport reusable cups while waiting for their flights in hopes of cutting down on waste. The one-month pilot program will give passengers at Britain’s second-largest airport the option of borrowing the cup _ rather than using a paper one _ and disposing of it before getting on their flights at “Cup Check-In’’ points. (AP Photo/Gene J. Puskar, File)
June 10, 2019 - 9:05 am
LONDON (AP) — Starbucks and environmental charity Hubbub are launching a trial program to lend passengers at Britain's Gatwick Airport reusable cups while waiting for their flights in hopes of cutting down on waste. The one-month pilot program will give passengers at Britain's second-largest...
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FILE - This Aug. 31, 2017 file photo, shows a Barnes and Noble Booksellers store in Pittsburgh. The beleaguered bookseller is being sold to Elliott Management Corp. in a $476 million deal. Elliott will pay $6.50 per share. That’s an approximately 9% percent premium to the company’s Thursday closing price of $5.96. The transaction is valued at about $683 million, including debt. (AP Photo/Gene J. Puskar, File)
June 07, 2019 - 2:09 pm
Barnes & Noble is being acquired by a hedge fund for $476 million and will be taken private. The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon.com and other online sellers, but remains a critical outlet for publishers. On Friday, it was...
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FILE - This Nov. 10, 2005, file photo shows a bottle of Poland Spring water in Fryeburg, Maine. The Maine-based company announced a plan on Monday, June 3, 3019, to use 100% recycled plastic for all its noncarbonated water containers by 2022. (AP Photo/Robert F. Bukaty, file)
June 03, 2019 - 4:00 pm
PORTLAND, Maine (AP) — Poland Spring announced Monday a plan to use 100% recycled plastic for all its noncarbonated water containers, a move that comes amid growing concern about plastic pollution. The Maine-based company said the effort kicks off this month with 1-liter bottles. By 2022, the...
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