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Consumer confidence slips in May but still at high level

May 30, 2017 • BusinessComments (0)

In this Tuesday, May 2, 2017, file photo, shoppers holding bags from Macy’s wait to cross an intersection in New York. U.S. consumers were slightly less confident in May for the second straight month, but they remain bullish by historical measures. The Conference Board said Tuesday, May 30, that its consumer confidence index fell to [&hellip...

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Wal-Mart works to close gap between itself and Amazon

May 30, 2017 • BusinessComments (0)

In this Wednesday, Sept. 18, 2013, file photo, two Wal-Mart employees walk past a sign in the lobby at the Walmart.com office in San Bruno, Calif. Wal-Mart’s acquisition of Jet.com is accelerating its progress in e-commerce as it works to narrow the gap...

French president flexes diplomatic muscles in Putin meeting

May 29, 2017 • BusinessComments (0)

Vladimir Putin on Monday and launched an extraordinary attack on two state-funded Russian media outlets he accused of spreading “lying propaganda” during France’s presidential campaign. Macron’s full-on blast at the state news agency...

Work starts again on Wyoming wind power project after winter

May 29, 2017 • BusinessComments (0)

RAWLINS, Wyo. (AP) — With Wyoming’s harsh winter weather in the past, work has resumed on a massive onshore wind development in the United States. “We have about 40 pieces of equipment and about 30 or 40 operators,” said Bill Miller, CEO...

BA outage creates London travel chaos; power issue blamed

May 27, 2017 • BusinessComments (0)

Passengers wait at a British Airways check-in desk after the airport suffered an IT systems failure, at London”s Gatwick Airport, Saturday, May 27, 2017. British Airways canceled all flights from London’s Heathrow and Gatwick airports Saturday as...

With new law, Lyft, Uber set to return to Texas capital city

May 27, 2017 • BusinessComments (0)

In this Friday, May 26, 2017 photo, workers set up in a tent to welcome drivers back to the Uber offices in Austin, Texas. Uber and Lyft, the ride-hailing company giants who left Texas’s capital city in a huff a year ago over local fingerprint...

Mother of Uber CEO Travis Kalanick killed in boat accident

May 27, 2017 • BusinessComments (0)

In this April 29, 2014 file photo, Uber CEO Travis Kalanick arrives at the 2014 TIME 100 Gala in New York. Kalanick’s mother died in a boat accident Friday evening, May 26, 2017, in Fresno County, the company said. Bonnie Kalanick, 71, died after the...

Off-lease used cars are flooding market, pushing prices down

May 26, 2017 • BusinessComments (0)

In this Wednesday, May 17, 2017, photo, used Infiniti Q50 luxury sedans await buyers at a dealership in the Detroit suburb of Novi, Mich. Leases are ending on a large number of Q50s and other cars, flooding the market with quality used cars. (AP Photo/Tom...

US growth in Jan.-March upgraded to still-slow 1.2 pct. rate

May 26, 2017 • BusinessComments (0)

In this Thursday, May 4, 2017, photo, a construction worker works on an apartment high-rise in Miami. On Friday, May 26, 2017, the Commerce Department will release its second of three estimates of growth for the January-March quarter as measured by the gross...

US durable goods orders fell for first time in 5 months

May 26, 2017 • BusinessComments (0)

In this Monday, April 24, 2017, photo, Harley-Davidson motorcycles are displayed on the showroom floor at the Motorcycles of Manchester dealership in Manchester, N.H. On Friday, May 26, 2017, the Commerce Department releases its April report on durable goods....