Consumer products and services

FILE- In this June 14, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Musk says he's in talks with the Saudi Arabian sovereign wealth fund about taking the electric car and solar panel maker private, but no deal has been finalized. Musk says in a blog posted Monday, Aug. 13, that most of the funding would be in stock rather than debt. (AP Photo/Kiichiro Sato, File)
August 13, 2018 - 1:45 pm
DETROIT (AP) — Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog on Monday. The fund approached Musk about going private multiple times during the past two...
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FILE- In this May 6, 2018, file photo Warren Buffett, chairman and CEO of Berkshire Hathaway, plays bridge outside Berkshire-owned Borsheims jewelry store in Omaha, Neb. Berkshire investors have generally profited as Buffett found new ways to put the company’s money to work over the years, although he has made mistakes along the way. Berkshire could reveal some more surprises when the Omaha, Nebraska-based company details its stock holdings in a quarterly regulatory filing which is expected to be made Tuesday, Aug. 14. (AP Photo/Nati Harnik, File)
August 13, 2018 - 11:18 am
OMAHA, Neb. (AP) — Warren Buffett is still finding new places to invest decades after he started, even though his basic approach of finding businesses selling for less than they are worth hasn't changed much. Buffett resisted investing in tech companies for years because he didn't think he could...
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August 12, 2018 - 12:40 pm
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline has risen 2 cents a gallon over the past two weeks, to $2.93. Industry analyst Trilby Lundberg of the Lundberg Survey says that's 53 cents a gallon higher than at this time last year. Lundberg said Sunday it appears unlikely...
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Trader Michael Capolino works on the floor of the New York Stock Exchange, Friday, Aug. 10, 2018. Stocks are opening moderately lower on Wall Street following steeper losses in Europe, where investors worried about a sharp drop in Turkey's currency. (AP Photo/Richard Drew)
August 10, 2018 - 2:47 pm
NEW YORK (AP) — Stocks are skidding on Wall Street Friday, following even sharper drops in Europe, as investors worried about the financial stability of Turkey. The Turkish lira nosedived again following concerns about the country's economic policies and higher tariffs from the U.S. European banks...
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August 10, 2018 - 8:56 am
NEW YORK (AP) — Police say actress Sean Young is wanted for questioning after she was caught on surveillance video stealing laptops and video production software from a store in New York City. Police say employees at a store in Queens reported a burglary Thursday. They say surveillance video showed...
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August 10, 2018 - 5:16 am
BEIJING (AP) — China's auto sales shrank by 5.3 percent in July from a year earlier as SUV demand sagged, adding to signs of economic malaise amid a tariff battle with Washington. The China Association of Automobile Manufacturers, said Friday that drivers in the biggest auto market bought 1.6...
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The logo for Rite Aid is displayed above a trading post on the floor of the New York Stock Exchange, Thursday, Aug. 9, 2018. Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote.(AP Photo/Richard Drew)
August 09, 2018 - 5:55 pm
Rite Aid shares plunged Thursday as the company headed into an uncertain future after calling off its merger with the grocer Albertsons. Analysts and retail insiders questioned the drugstore chain's prospects after it ended a planned takeover by Albertsons before Rite Aid shareholders could vote on...
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August 09, 2018 - 2:08 pm
NIWOT, Colo. (AP) — Colorado-based footwear company Crocs Inc. is closing company-owned manufacturing plants in Italy and Mexico by year's end and replacing its chief financial officer. The company announced the outsourcing of additional manufacturing and the closure of a distribution facility in...
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Indian customers stand outside IKEA's first store in India as it opened in Hyderabad, India, Thursday, Aug.9, 2018. Swedish home furnishings giant IKEA opened its first store in India on Thursday, five years after it received approval to invest in the country's single-brand retail sector. (AP Photo/Mahesh Kumar A.)
August 09, 2018 - 7:31 am
HYDERABAD, India (AP) — Band music and loud cheers greeted hundreds of customers as Swedish home furnishings giant IKEA opened its first store in India on Thursday, five years after it received approval to invest in the country's single-brand retail sector. The store in the southern Indian city of...
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In this Wednesday, Aug. 1, 2018 photo, yellow cabs make their way across 42nd Street outside Grand Central Terminal in New York. Responding to tales of financial woe, New York City lawmakers are considering a proposal to try and stabilize the city's iconic taxi industry by putting a temporary cap on the number of drivers working for companies like Uber and Lyft. The restrictions come after a year in which many drivers for-hire in the city have complained that the explosion in the popularity of ride-hailing services has upended regulations intended to limit competition and ensure that every driver made enough money to survive. (AP Photo/Mary Altaffer)
August 08, 2018 - 11:18 pm
NEW YORK (AP) — New York City moved Wednesday to regulate the explosive growth of Uber and other app-based ride services with a temporary cap on new licenses for ride-hailing services. The City Council approved a package of bills that included a one-year moratorium on new licenses for for-hire...
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