U.S. durable goods orders drop 1.3% in April
WASHINGTON — U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months, pulled down by plunging orders for…
AP Wire
Gap expands into home under new partnership with Walmart
NEW YORK — Gap will begin selling a new home goods line exclusively through Walmart’s website next month under a multiyear partnership. The collection of…
Dollar General: Fiscal Q1 earnings snapshot
GOODLETTSVILLE, Tenn. — Dollar General Corp. today reported fiscal first-quarter profit of $677.7 million. The company said it had net income of $2.82 per share….
Dollar Tree: Fiscal Q1 earnings snapshot
CHESAPEAKE, Va. — Dollar Tree Inc. today reported fiscal first-quarter earnings of $374.5 million. The company said it had net income of $1.60 per share….
Best Buy: Fiscal Q1 earnings snapshot
RICHFIELD, Minn. — Best Buy Co. today reported fiscal first-quarter earnings of $595 million. The company said it had net income of $2.32 per share….
Amazon to buy MGM, studio behind James Bond and ‘Shark Tank’
NEW YORK — Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, “Legally Blonde” and “Shark Tank,” with the…
Ford: Electric vehicles to be 40% of global sales by 2030
DETROIT — Ford expects 40% of its global sales to be battery-electric vehicles by 2030 as it adds billions to what it’s spending to develop…
Dick’s: Fiscal Q1 earnings snapshot
CORAOPOLIS, Pa. — Dick’s Sporting Goods Inc. today reported fiscal first-quarter net income of $361.8 million, after reporting a loss in the same period a…
US stocks wobble as investors focus on inflation, recovery
Stocks were wavering between small gains and losses Tuesday as investors weighed the economic recovery’s progress against lingering concerns about inflation. The S&P 500 was…
The Latest: WH adviser: ‘Get to bottom’ of virus origins
WASHINGTON — White House coronavirus adviser Andy Slavitt says “we need to get to the bottom” of the origins of the pandemic pathogen and the…