Business News

Ralph Lauren, center, greets the audience after the Ralph Lauren 50th Anniversary Fashion Show during New York Fashion Week, Friday, Sept. 7, 2018. (AP Photo/Diane Bondareff)
September 08, 2018 - 2:12 am
NEW YORK (AP) — Designer Ralph Lauren feted 50 years in business with a luxurious and joyous bash in Manhattan's Central Park, around a famous 19th-century fountain. Guests were treated to a runway show celebrating Lauren's styles both past and present. Then they sat down to a formal dinner around...
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Kathleen Galigan, Detroit Free Press
September 08, 2018 - 12:33 am
Nike is a business, and their decision to make Colin Kaepernick the star of their new ad campaign wasn't just a political move, it was a business move. But is it paying off? Sales surged in the days immediately after the campaign's announcement, but Nike stock is still down from where it was at the...
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FILE- In this June 24, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Shares of electric car maker Tesla Inc. tumbled over 9 percent as the markets opened Friday, Sept. 7, after the CEO smoked marijuana during a YouTube video podcast and the company’s accounting chief left after a month on the job. (AP Photo/Kiichiro Sato, File)
September 07, 2018 - 11:58 pm
Another executive departure, another controversy over the CEO's behavior, another stock drop. Another typical day at Tesla. Although the details change, the pattern stays the same. This time, the executive departure is David Morton, chief accounting officer at Tesla Inc., who called it quits after...
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AP Photo/Kiichiro Sato,
September 07, 2018 - 7:19 pm
Another executive departure, another controversy over the CEO's behavior, another stock drop. Another typical day at Tesla. Although the details change, the pattern stays the same. This time, the executive departure is David Morton, chief accounting officer at Tesla Inc., who called it quits after...
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FILE - This Dec. 19, 2014 file photo shows an exterior view of the Sony Pictures Plaza building in Culver City, Calif. The Justice Department has charged a computer programmer working on behalf of the North Korean government with the hack of Sony Pictures Entertainment in 2014, along with the massive Wannacry ransomware attack last year and an $81 million theft from a bank in Bangladesh. (AP Photo/Damian Dovarganes, File)
September 06, 2018 - 12:31 pm
WASHINGTON (AP) — A computer programmer accused of working at the behest of the North Korean government was charged Thursday in connection with several high-profile cyberattacks, including the Sony Pictures Entertainment hack and the WannaCry ransomware virus that affected hundreds of thousands of...
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FILE- In this June 15, 2018 photo, winter wheat is harvested in a field farmed by Dalton and Carson North near McCracken, Kan. On Thursday, Aug. 6, the Labor Department issues revised data on productivity in the second quarter. (AP Photo/Charlie Riedel, File)
September 06, 2018 - 7:37 am
WASHINGTON (AP) — The Labor Department on Thursday affirmed last month's report that U.S. productivity increased at an annual rate of 2.9 percent in the second quarter. The government reported few revisions to the productivity figures released in August. The jump in productivity followed a tepid 0...
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FILE- This Jan. 9, 2017, file photo shows the opening bell at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Sept. 5, 2018. (AP Photo/Mark Lennihan, File)
September 05, 2018 - 10:30 pm
SINGAPORE (AP) — Asian markets were mixed Thursday on fears that the U.S. would soon impose tariffs on another $200 billion of Chinese goods, as public consultations drew to a close. KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.2 percent to 22,528.46, while the Kospi in South Korea gained 0.1...
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