Retail industry

FILE - This June 25, 2019, file photo shows a sign for a Rite Aid Pharmacy is on the facade at a strip mall in Harmony, Pa. Rite Aid Corporation reports financial results on Thursday, Dec. 19. (AP Photo/Keith Srakocic, File)
KNSS News
December 19, 2019 - 8:22 am
Rite Aid shares may be in for their biggest one-day jump in more than two years Thursday after the struggling drugstore chain posted a rare quarterly profit and easily topped analyst expectations. The company said it booked $51.5 million in net income in its fiscal third quarter mainly because of a...
Read More
This undated image provided by Disney Plus shows a scene from "The Mandalorian," which offered as part of the video streaming channel. (Disney Plus via AP)
December 18, 2019 - 10:49 am
NEW YORK (AP) — 2019 wound up being another big year for news from the business world. There was a leadership transition at Google's parent company, a huge IPO by Saudi Aramco, and more scrutiny for Facebook as the social media company alarmed users and regulators with plans to create a digital...
Read More
December 17, 2019 - 3:35 pm
The federal government is joining a legal fight against CVS Health that accuses its troubled Omnicare business of routinely filling prescriptions that had expired or run out of refills. The Department of Justice said in federal court papers filed Tuesday that Omnicare’s pharmacies sent drugs to...
Read More
A currency trader watches the computer monitors near the screens at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Dec. 17, 2019. (AP Photo/Lee Jin-man)
December 17, 2019 - 6:52 am
TOKYO (AP) — Stock markets eased back on Tuesday after hopes over Brexit and a trade truce between the U.S. and China had led to a rally and new record highs on Wall Street. Germany's DAX slipped 0.7% to 13,315 in midday trading while France's CAC 40 lost nearly 0.2% to 5,972. Britain's FTSE 100...
Read More
FILE - In this Oct. 25, 2017, file photo, shoppers stand outside of a Bed Bath & Beyond department store at Jersey Gardens Mall in Elizabeth, N.J. Six senior executives at Bed Bath & Beyond are leaving the company as part of an extensive restructuring as the retailer tries to turnaround its business the company said Tuesday, Dec. 17, 2019. (AP Photo/Julio Cortez, File)
December 17, 2019 - 6:50 am
TRENTON, N.J. (AP) — Six senior executives are being outed at at Bed Bath & Beyond, the first major maneuver by a new CEO that the retailer recruited from Target. The chain had a three-year decline in same-store sales growth, while sales growth has dropped for three consecutive quarters. Gross...
Read More
A currency trader stands near screens showing the Korea Composite Stock Price Index (KOSPI), center, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Dec. 17, 2019. (AP Photo/Lee Jin-man)
December 16, 2019 - 8:38 pm
TOKYO (AP) — Asian shares rose Tuesday following a rally on Wall Street that sent the major indexes to record highs, cheered by surprisingly strong economic reports out of China. Japan's benchmark Nikkei 225 added 0.3% in early trading to 24,028.41. South Korea's Kospi gained 0.6% to 2,181.99. Hong...
Read More
FILE - In this Friday, Dec. 13, 2019, file photo trader Robert Charmak works on the floor of the New York Stock Exchange. Stocks are opening higher on Wall Street on Monday, Dec. 16, following gains overseas as China reported encouraging news on its economy. (AP Photo/Richard Drew, File)
December 16, 2019 - 3:09 pm
Stocks are closing broadly higher on Wall Street Monday, pushing major indexes to more record highs. Surprisingly strong reports on China's economy helped drive the rally. That's layered on top of investor optimism from last week’s initial trade deal between China and the United States. Health care...
Read More
A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Dec. 13, 2019. Shares likewise jumped Friday in Asia following fresh all-time highs overnight on Wall Street spurred by optimism that the U.S. and China are close to reaching a deal to end their costly trade war. (AP Photo/Eugene Hoshiko)
December 13, 2019 - 3:20 am
BANGKOK (AP) — The British pound edged higher Friday as Prime Minister Boris Johnson's Conservative Party claimed a robust majority in Parliament, while talk of China-U.S. trade deal buoyed share prices in Asia. The British pound rose to $1.3470 from $1.3385 late Thursday but then fell back to a...
Read More
FILE - In this Dec. 5, 2019, file photo, trader Gregory Rowe, left, and specialist Michael Pistillo work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 12. (AP Photo/Richard Drew, File)
December 12, 2019 - 10:29 am
NEW YORK (AP) — Stocks moved higher in midday trading on Wall Street Thursday as investors jumped on a statement from President Donald Trump that the U.S. is getting close to a “big deal” with China. Traders were also encouraged by a Wall Street Journal report saying Washington has offered to slash...
Read More
FILE - In this Tuesday, June 12, 2012, file photo, eyeglass frames are displayed at Berlin Optical Expressions in Berlin, Vt. Worrying what to do with your flexible spending account balance so you don't lose your money? Out-of-pocket costs for corrective eye surgery, prescription eyeglasses, readers, wipes and repair kits for glasses, and contact lenses and solutions are covered. (AP Photo/Toby Talbot, File)
KNSS News
December 11, 2019 - 3:32 pm
TRENTON, N.J. (AP) — Still have money set aside for medical expenses that you need to spend by the end of the year? There are plenty of ways to meet the deadline for flexible spending accounts, and you don't need to buy big-ticket items. You can use up the balance on everyday purchases like...
Read More

Pages