Retail industry

FILE - In this June 4, 2014, file photo, people walk in to a Walgreens retail store in Boston. Walgreens slashed its 2019 forecast and missed second-quarter expectations with a performance that sent its shares plunging Tuesday, April 2, 2019 and knocked down the Dow Jones industrial average. The nation’s largest drugstore chain said it now expects adjusted earnings per share to be roughly flat this year after confirming as recently as late December a forecast for growth of 7% to 12%. (AP Photo/Charles Krupa, File)
April 02, 2019 - 3:24 pm
Walgreens slashed its 2019 forecast and missed second-quarter expectations with a performance that sent its shares plunging Tuesday and helped knock down the Dow Jones Industrial Average. Company leaders told analysts that challenges they had been expecting like reimbursement cuts and lower price...
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Acting Baltimore Mayor Jack Young talks to reporters after meeting with state senators who represent Baltimore on Tuesday, April 2, 2019 in Annapolis. Young has become acting mayor after Catherine Pugh abruptly announced Monday that she's taking a leave of absence to "focus on her health" amid a political scandal about involving book sales. (AP Photo/Brian Witte)
April 02, 2019 - 1:27 pm
ANNAPOLIS, Md. (AP) — Baltimore's acting mayor told legislators Tuesday that the city "is in good hands" until the mayor decides whether to return after abruptly announcing a leave of absence to "focus on her health" amid a political scandal about "self-dealing" book sales. Mayor Catherine Pugh...
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FILE - In this Dec. 6, 2016 file photo, Baltimore Mayor Catherine Pugh delivers an address during her inauguration ceremony inside the War Memorial Building in Baltimore. Maryland's chief accountant is calling for Pugh to step down, calling the latest revelations about lucrative deals to sell her self-published children's books "brazen, cartoonish corruption." In a Monday, April 1, 2019 tweet, Maryland Comptroller Peter Franchot wrote: "The Mayor has to resign — now." His comments came on the same day that Kaiser Permanente disclosed that it paid Pugh's limited liability company about $114,000 for roughly 20,000 copies of her "Healthy Holly" children's books. (AP Photo/Patrick Semansky, File)
April 01, 2019 - 6:53 pm
BALTIMORE (AP) — Baltimore's embattled mayor announced Monday that she is taking an indefinite leave of absence, just as a political scandal intensifies over what critics call a "self-dealing" book-sales arrangement that threatens her political career. Mayor Catherine Pugh's office says she feels...
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FILE- In this March 14, 2019, file photo people attend the opening of a Piaget store during the opening night of The Shops & Restaurants at Hudson Yards in New York. On Monday, April 1, the Commerce Department releases U.S. retail sales data for February. (AP Photo/Mark Lennihan, File)
April 01, 2019 - 8:51 am
WASHINGTON (AP) — U.S. retail sales fell in February, as consumers pulled back their spending on building materials, groceries, furniture, electronics and clothing amid signs of a slowing economy. The Commerce Department said Monday that retail sales fell 0.2 percent in February, after posting an...
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FILE - In this Aug. 17, 2018 file photo, family and friends who have lost loved ones to OxyContin and opioid overdoses leave pill bottles in protest outside the headquarters of Purdue Pharma, which is owned by the Sackler family, in Stamford, Conn. New York is suing the billionaire family behind Oxycontin, alleging the drugmaker fueled the opioid crisis by putting hunger for profits over patient safety. (AP Photo/Jessica Hill, File)
March 28, 2019 - 6:14 pm
NEW YORK (AP) — New York is suing the billionaire family behind the company that created OxyContin, joining a growing list of state and local governments seeking to hold not only the firm but its owners accountable for the nation's opioid crisis. The state, which averages nine opioid-related deaths...
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FILE- In this March 12, 2019, file photo a handheld device of trader Sal Suarino is reflected in his glasses as he works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, March 21. (AP Photo/Richard Drew, File)
March 21, 2019 - 4:12 pm
Technology companies powered a broad rally for U.S. stocks Thursday, snapping the market's two-day losing streak. Apple and chipmakers led the wave of buying, helping to drive the technology sector to an overall gain of 2.5 percent. The sector is up 21.1 percent this year so far, well ahead of the...
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Levi Strauss CEO Chip Bergh, left, is joined by CFO Harmit Singh as he rings a ceremonial bell when his company's IPO begins trading on the floor of the New York Stock Exchange, Thursday, March 21, 2019. Levi Strauss & Co., which gave America its first pair of blue jeans, is going public for the second time. The 166-year-old company, which owns the Dockers and Denizen brands, previously went public in 1971, but the namesake founder's descendants took it private again in 1985. (AP Photo/Richard Drew)
March 21, 2019 - 11:44 am
NEW YORK (AP) — Levi Strauss & Co., which gave America its first pair of blue jeans, is public for the second time. The stock, which is listed under the ticker "LEVI," opened for trading on Thursday up 31 percent on very strong demand and recently changed hands at $22.90, up $5.90. The offering...
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FILE - In this April 11, 2018, file photo, a high school student uses a vaping device near a school campus in Cambridge, Mass. U.S. health regulators are moving ahead with a plan to keep e-cigarettes out of the hands of teenagers by restricting sales of most flavored products in convenience stores and online. (AP Photo/Steven Senne, File)
March 13, 2019 - 1:15 pm
WASHINGTON (AP) — U.S. health regulators are moving ahead with a plan designed to keep e-cigarettes out of the hands of teenagers by restricting sales of most flavored products in convenience stores, gas stations, pharmacies and other retail locations. The new guidelines, first proposed in November...
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FILE- In this July 6, 2018, file photo prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. Tesla is walking back its plan to close most retail stores worldwide in a move the company says will force it to raise prices on most of its electric vehicles. The company still will move to online-only sales, but now says it won't close as many stores as originally thought. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. (AP Photo/David Zalubowski, File)
March 11, 2019 - 10:27 am
DETROIT (AP) — Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The company...
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The Boeing logo appears above a trading post on the floor of the New York Stock Exchange before the opening bell, Monday, March 11, 2019. Boeing shares were predicted to fall at the open on Wall Street after the crash Sunday of a 737 Max 8 plane in Ethiopia that killed all 157 people aboard. (AP Photo/Richard Drew)
March 11, 2019 - 8:56 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:40 a.m. Stocks are opening broadly higher on Wall Street, although a sharp drop in Boeing is pushing the Dow Jones Industrial Average lower. Boeing fell 12 percent after the second deadly crash in six months...
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