Wednesday, October 5, 2022

Business

Google Updates Terms In Plain Language After EU Scrutiny

SAN FRANCISCO (AP) — Google is attempting to make sure people know exactly what they're signing up for when they use its online services — though that will still mean reading a len...

Morgan Stanley Buying E-trade For About $13 Billion

NEW YORK (AP) — Morgan Stanley is buying online brokerage E-Trade for about $13 billion. Discount brokers like E-Trade have engaged in a vicious fight for customers since late l...

Misguided Virus Fears Hitting Asian American Businesses

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NEW YORK (AP) — In Arizona, a burgeoning Asian American community fields xenophobic calls about a planned night market featuring Asian street foods. In New York, a dim sum restaura...

A Rare Miss For Walmart To End The Year

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NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent social protests in Chile cut into...

Jeff Bezos Commits $10 Billion To Fight Climate Change

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NEW YORK (AP) — Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change. Bezos, the world’s richest man, said in...

Apple Warns China Virus Will Cut iPhone Production, Sales

CUPERTINO (AP) — Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The ...

Pier 1 Files For Bankruptcy Protection Amid Online Challenge

NEW YORK (AP) - Home goods retailer Pier 1 Imports Inc. said Monday that it has filed for bankruptcy protection. The Fort Worth, Texas-based company, which was founded in 1962, ...

Zuckerberg Meets EU Officials As Bloc’s New Tech Rules Loom

LONDON (AP) — Facebook CEO Mark Zuckerberg met top European Union officials on a visit to Brussels on Monday, days before the bloc is expected to release new proposals on regulatin...
A woman using a cell phone walks past T-Mobile and Sprint stores, Tuesday, April 27, 2010, in New York. Sprint Nextel Corp. on Wednesday, April 28, said it lost a net 75,000 subscribers in the first three months of 2010, compared to a loss of 182,000 in the same quarter last year.(AP Photo/Mark Lennihan)

New York Attorney General Will Not Challenge T-Mobile-Sprint Merger

NEW YORK (AP) — New York's attorney general said Sunday the state will not appeal a judge's decision approving the merger of T-Mobile and Sprint. Attorney General Letitia James ...

German Court Halts Site Preparation For Tesla Factory

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BERLIN (AP) — A German court has temporarily halted the site preparation for Tesla Inc.'s first electric car factory in Europe. The Higher Administrative Court for Berlin-Brande...

In Win For Amazon, Judge Freezes Work On Pentagon Contract

NEW YORK (AP) — A federal court has ordered a temporary halt in Microsoft's work on a $10 billion military cloud contract that Amazon was initially expected to win. Amazon sued in ...

Free Tax Filing Has Confused Many Americans. Here’s Help.

NEW YORK (AP) - The majority of individual taxpayers in the U.S. are eligible to file their taxes for free, yet many may be unaware or confused by how to do so. The tax industry...

US On Track For First $1 Trillion Budget Deficit Since 2012

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WASHINGTON (AP) — The U.S. budget deficit through the first four months of this budget year is up 19% from the same period a year ago, putting the country on track to record its fi...

Samsung Unveils Its New Foldable Phone, The Galaxy Z Flip

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SAN FRANCISCO (AP) — Samsung on Tuesday unveiled a new foldable phone, the Galaxy Z Flip, its second attempt to sell consumers on phones with bendable screens and clamshell designs...

AP Fact Check: Trump Distorts Gains In Retirement Accounts

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WASHINGTON (AP) — President Donald Trump is telling a skewed story when he boasts about workers who've seen their personal retirement savings nearly double under his administration...

US Regulators Probing 5 Tech Companies’ Acquisitions To 2010

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WASHINGTON (AP) — Federal regulators are ramping up their investigation of the market dominance of giant tech companies, demanding detailed information on five companies' acquisiti...

Powell: Economy Looks Resilient Despite Risk Of China Virus

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the U.S. economy appears durable with steady growth and unemployment near a half-century low but faces risks from the ...

Federal Judge Approves T-Mobile’s $26.5 Billion Takeover Of Sprint

NEW YORK (AP) — A federal judge has approved T-Mobile's $26.5 billion takeover of Sprint, rejecting objections from a group of states and removing a major obstacle to a shakeup in ...

Retailers Try Clothing Rental, But Will It Be A Good Fit?

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NEW YORK (AP) - Renting clothes could be the future of fashion — or it could just be a fad. But traditional retailers can no longer afford to wait on the sidelines to find out. ...

Simon Property Buying Majority Stake In Taubman

NEW YORK (AP) - The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their ret...