Consumer products and services

April 19, 2018 - 7:45 pm
FARGO, N.D. (AP) — Federal lawsuits between two sunflower seed competitors in the Dakotas who accused each other of false advertising have been settled out of court. Wahpeton, North Dakota-based Giant Snacks Inc. filed the original lawsuit against Mound City, South Dakota-based Wild Dutchman...
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New York Stock Exchange Global Head of Listings John Tuttle, right, watches as GrafTech International Ltd. CEO Dave Rintoul, left, breaks the gavel as Rintoul rings a ceremonial bell to mark his company's IPO, Thursday, April 19, 2018. (AP Photo/Richard Drew)
April 19, 2018 - 5:49 pm
Losses among technology and consumer products companies weighed on U.S. stocks Thursday, snapping a three-day winning streak for the market. Banks bucked the trend, rising along with bond yields. Energy companies also eked out a slight gain, despite a late-afternoon downturn in oil prices. The...
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FILE- In this Dec. 3, 2015, file photo, Margo Georgiadis, President of American Operations at Google speaks at the new Google Chicago Headquarters in Chicago. Mattel Inc. says that its CEO Margo Georgiadis is stepping down to pursue a new opportunity in the tech sector. The toy giant says the board has named Ynon Kreiz, a Mattel director since June 2017 as her successor, effective April 26, 2018. (AP Photo/M. Spencer Green, File)
April 19, 2018 - 5:39 pm
NEW YORK (AP) — Mattel Inc. announced Thursday that its CEO Margo Georgiadis is stepping down and is being succeeded by a company director and former studio executive. The toy giant, based in El Segundo, California, said the board has named Ynon Kreiz, a Mattel director since June 2017, as her...
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FILE - This July 9, 2015, file photo, shows signage outside Procter & Gamble corporate headquarters in downtown Cincinnati. Procter & Gamble reports earnings Thursday, April 19, 2018. (AP Photo/John Minchillo, File)
April 19, 2018 - 9:34 am
NEW YORK (AP) — Procter & Gamble Co. reported flat fiscal third-quarter profit as it faces increased competition for consumer products such as shaving cream and household goods. The Cincinnati company also said it is paying $4.2 billion for Merck KGaA's consumer health unit, adding products and...
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Founder and chairman of Alibaba Jack Ma arrives for signing the memorandums of understanding linked to the investment in Thailand, during a press conference Bangkok, Thailand, Thursday, April 19, 2018. (AP Photo/Sakchai Lalit)
April 19, 2018 - 6:37 am
BANGKOK (AP) — The Chinese e-commerce giant Alibaba has agreed to step up investments in Thailand as competition between online retailers heats up in fast-growing Southeast Asia. The founder of the online shopping giant, Jack Ma, met with Thailand's prime minister, Prayuth Chan-ocha, on Thursday...
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April 19, 2018 - 3:56 am
THE HAGUE, Netherlands (AP) — Unilever, the consumer goods multinational whose brands include Dove, Knorr and Ben & Jerry's, says it is planning a share buyback worth up to 6 billion euros ($7.4 billion) later this year. Unilever said Thursday that sales in the first quarter were hit by...
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FILE - This Sept. 6, 2012, file photo shows the Amazon logo in Santa Monica, Calif. Amazon said Wednesday, April 18, 2018, it has more than 100 million paid Prime members, the first time the company has given out a specific number on its paid subscriber base. (AP Photo/Reed Saxon, File)
April 18, 2018 - 8:13 pm
SAN FRANCISCO (AP) — Amazon has persuaded more than 100 million shoppers to subscribe to its Prime service that offers free two-day shipping and other perks that help bind people to the company and its ever-expanding empire. CEO Jeff Bezos quantified the size of Amazon's Prime membership for the...
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FILE- This Jan. 31, 2018, file photo shows The Bon-Ton Store at the Millcreek Mall, near Erie, Pa. Two liquidation firms are the victors of an auction for The Bon-Ton Stores company's assets, after the retailer failed to find a bidder willing to continue operating the business. A bankruptcy court hearing is scheduled for Wednesday, April 18, to approve the sale and liquidation details. (Jack Hanrahan/Erie Times-News via AP, File)
April 18, 2018 - 5:38 pm
MILWAUKEE (AP) — The Bon-Ton Stores, which operates 260 department stores in the U.S., is expected to go out of business after two liquidation firms became the highest bidders at an auction for the bankrupt company's assets Tuesday. A bankruptcy court hearing was scheduled Wednesday to approve the...
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FILE - This Sept. 6, 2012, file photo, shows the Amazon logo in Santa Monica, Calif. Amazon is looking to expand its dominance globally, announcing international customers can now buy more than 45 million items via its app. The move positions Amazon to capture shoppers abroad the same way it has with Americans: with ease of use, a wide product assortment and enticing shipping options. (AP Photo/Reed Saxon, File)
April 18, 2018 - 1:45 pm
NEW YORK (AP) — Amazon has cut a deal to sell voice-controlled TVs at Best Buy, the latest attempt by the online retailer to get its burgeoning suite of tech products out where people can see and touch them. Best Buy already sells the Amazon Kindle and other gadgets, but the deal announced...
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In this April 10, 2018, photo, Senate Majority Leader Mitch McConnell, R-Ky., flanked by Sen. Cory Gardner, R-Colo., left rear, and Sen. John Barrasso, R-Wyo., right rear, speaks on Capitol Hill in Washington. The Republican-led Congress last year revoked more than a dozen Obama-era federal regulations. Now, it’s poised to undo guidance a consumer protection agency issued five years ago to help ensure minority car buyers aren’t charged higher interest rates. “Republicans are chopping away at the tangled mess of regulations the last administration left behind,” said McConnell. “Our whole economy is getting a tune-up. And now it’s time for the front end of the auto industry to come along for the ride.” (AP Photo/J. Scott Applewhite)
April 18, 2018 - 11:32 am
WASHINGTON (AP) — The Republican-led Congress is poised to undo Obama-era guidance a consumer protection agency issued five years ago to help ensure minority car buyers aren't charged higher interest rates. Republicans said that rescinding the guidance is necessary because it amounted to a backdoor...
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