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Retailer results so far show people are going out, spending

Retailer results so far show people are going out, spending ANNE DINNOCENZIO, AP Retail Writer May 18, 2021 FacebookTwitterEmail 5 1of5FILE - In this Feb. 22, 2021 file photo, shoppers arrive at a Macys in Charlotte, N.C. Macy’s emerged from an unprecedented year by swinging to a profit and it upped its expectations for the year. The retailer on Tuesday, May 18, 2021, posted net income of $103 million, after reporting a loss in the same period a year earlier.Chris Carlson/APShow ...
New York United States Doug Mcmillon Jeff Gennette Michelle Chapman Anne Dinnocenzio

Target's 1Q profit surges as shoppers go out and spend

Targets profit surges as Americans cast restrictions aside ANNE DINNOCENZIO, AP Retail Writer May 19, 2021 FacebookTwitterEmail FILE - In this July 10, 2019, file photo shoppers visit the downtown Target store in Minneapolis. Target has reported surging sales and profits for its fiscal first quarter thanks to shoppers who bought more apparel as they emerge from the pandemic.Jim Mone/AP NEW YORK (AP) — Targets sales and profits surged in the first quarter as Americans emerged from the pandemi...
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Business Highlights: Pay raises, falling jobless claims

Business Highlights: Pay raises, falling jobless claims The Associated Press FacebookTwitterEmail Desperate for workers, US restaurants and stores raise pay WASHINGTON (AP) — U.S. restaurants and stores are rapidly raising pay in an urgent effort to attract more applicants and keep up with a flood of customers as the pandemic eases. McDonald’s, Sheetz and Chipotle are just some of the latest companies to follow Amazon, Walmart and Costco in boosting wages, in some cases to $15 an hour or hi...
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Asian stocks mixed, echoing Wall St sentiments on pandemic

Asian stocks mixed, echoing Wall St sentiments on pandemic YURI KAGEYAMA, AP Business Writer May 5, 2021 FacebookTwitterEmail 8 1of8A woman wearing a protective mask rides a bicycle in front of an electronic stock board showing Japans Nikkei 225 index at a securities firm Thursday, May 6, 2021, in Tokyo. Asian shares were mixed Thursday on cautious optimism about upcoming company earnings reports showing some recovery from the damage of the coronavirus pandemic.Eugene Hoshiko/APSho...
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GM profit surges to $2.98B on sales of higher-margin trucks

GM profit surges to $2.98B on sales of higher-margin trucks TOM KRISHER, AP Auto Writer May 5, 2021 FacebookTwitterEmail This image provided by General Motors shows the GM Logo. General Motors’ first-quarter net income surged to $2.98 billion, reported Wednesday, May 6, 2021, as strong U.S. consumer demand and higher prices overcame production cuts brought on by the global shortage of computer chips. The big profit increase was 12 times larger than the same period last year, when the sta...
Ford Motor Co Wall Street Ford Motor Mary Barra Mary Barra Business Leader Person United States
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Global markets mixed after Wall Street decline

Global markets mixed after Wall Street decline JOE McDONALD, AP Business Writer May 5, 2021 FacebookTwitterEmail 5 1of5A woman walks past a banks electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Wednesday, May 5, 2021. Major Asian stock markets advanced Wednesday after Wall Street fell, while Chinese and Japanese markets were closed for holidays.Vincent Yu/APShow MoreShow Less 2of5People walk past a banks electronic board showing the Hong ...
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Asia markets mixed after Wall Street decline

Asia markets mixed after Wall Street decline JOE McDONALD, AP Business Writer May 4, 2021 FacebookTwitterEmail 5 1of5A woman walks past a banks electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Wednesday, May 5, 2021. Major Asian stock markets advanced Wednesday after Wall Street fell, while Chinese and Japanese markets were closed for holidays.Vincent Yu/APShow MoreShow Less 2of5People walk past a banks electronic board showing the Hong Ko...
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CVS ups outlook after a slow start to the year

After an 11% profit spike, CVS outlook for 2021 grows rosy TOM MURPHY, AP Health Writer May 4, 2021 FacebookTwitterEmail 3 1of3CVS Pharmacy on Moosic Street is illuminated at night, Wednesday, April 21, 2021, in Scranton, Pa. (Jake Danna Stevens/The Times-Tribune via AP)Jake Danna Stevens/APShow MoreShow Less 2of3CVS Pharmacy on Moosic Street is illuminated at night, Wednesday, April 21, 2021, in Scranton, Pa. (Jake Danna Stevens/The Times-Tribune via AP)Jake Danna Stevens/APShow...
Health Corp Zacks Investment Research Growing Medicaid Zacks Investment Automated Insights Ann Hynes
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Technology shares sink broader market in midday trading

Technology shares sink broader market although Dow has gain DAMIAN J. TROISE and ALEX VEIGA, AP Business Writers May 4, 2021 FacebookTwitterEmail 3 1of3FILE - In this Jan. 27, 2021 file photo, pedestrians pass the New York Stock Exchange in New York. Stocks were solidly lower in early trading Tuesday, May 4, dragged down by banks and big technology companies like Apple and Google.John Minchillo/APShow MoreShow Less 2of3Currency traders watch monitors at the foreign exchange deali...
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