Saturday, February 25, 2017

Business News

This Dec. 18, 2007 file photo shows a sign outside the TJX Cos. headquarters in Framingham, Massachusetts. (AP Photo/Elise Amendola, File)

BY ANNE D’INNOCENZIO and MICHELLE CHAPMAN FRAMINGHAM, Mass. (AP) — Department stores just got a double dose of bad news. The parent company of T.J. Maxx and Marshalls, which have ...
In a Sept. 29, 2015, file photo, Elon Musk, CEO of Tesla Motors Inc., talks about the Model X car at the company's headquarters, in Fremont, California. (AP Photo/Marcio Jose Sanchez, File)

BY TOM KRISHER DETROIT (AP) — Unable to string together profitable quarters, electric car and solar cell maker Tesla Inc. reported a loss for the last three months of 2016. ...
In this Feb. 15, 2017 file photo, Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington before the House Financial Services Committee for the Fed's semi-annual Monetary Policy Report to Congress. (AP Photo/J. Scott Applewhite)

BY MARTIN CRUTSINGER WASHINGTON (AP) — Federal Reserve officials earlier this month discussed the need to raise a key interest rate again “fairly soon,” especially if the economy remains strong. ...
In this Sept. 8, 2015, file photo, a Wall Street street sign is framed by an American flag hanging on the facade of the New York Stock Exchange. (AP Photo/Mary Altaffer, File)

BY MARLEY JAY NEW YORK (AP) — U.S. stocks slipped Wednesday after their recent record-setting run. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals ...
This Dec. 7, 2016 file photo shows a house for sale, in Hialeah, Florida. (AP Photo/Alan Diaz, File)

BY CHRISTOPHER S. RUGABER WASHINGTON (AP) — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding ...
This July 29, 2015, file photo shows Amazon's Echo speaker, which responds to voice commands, in New York. (AP Photo/Mark Lennihan, File)

BY TAFI MUKUNYADZI LITTLE ROCK, Ark. (AP) — Amazon is resisting an effort by Arkansas prosecutors to obtain potential recordings from a slaying suspect’s Amazon Echo smart speaker, saying authorities ...
In this Jan. 14, 2014 file photo, the Lexus RC F Coupe is unveiled at the at the North American International Auto Show in Detroit. (AP Photo/Carlos Osorio, File)

BY TOM KRISHER DETROIT (AP) — Technology glitches including Bluetooth phone pairing and misunderstood voice commands put a dent in car and truck reliability scores in a major survey of ...
This image provided by Apple shows the Steve Jobs Theater at Apple Park in Cupertino, California. (Apple via AP)

CUPERTINO, Calif. (AP) — Apple has announced that its new headquarters will open for employees in the spring and will include a theater named for its late co-founder, Steve Jobs. ...
Soft drink and soda bottles are displayed in a refrigerator at El Ahorro market in San Francisco, Wednesday, Sept. 21, 2016. (AP Photo/Jeff Chiu)

PHILADELPHIA (AP) — Some Philadelphia supermarkets and beverage distributors say they’re gearing up for layoffs because the city’s new soda tax has cut beverage sales by 30 percent to 50 ...
Brazilian Roberto Azevedo, Director General of the World Trade Organization, WTO, informs the media about the Trade Facilitation Agreement, during a press conference at the headquarters of the World Trade Organization, WTO in Geneva, Switzerland, Wednesday, Feb. 22, 2017. (Salvatore Di Nolfi/Keystone via AP)

BY JAMEY KEATEN GENEVA (AP) — The first multilateral trade agreement reached under the World Trade Organization since it was created over a generation ago has taken force, aiming to ...
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