Consumer products and services

August 02, 2018 - 12:41 pm
April 1976 Apple is founded by Steve Jobs, Steve Wozniak and Ronald Wayne. June 1977 The Apple II computer is released. December 1980 Apple goes public and its stock beings trading on the Nasdaq. April 1983 Former PepsiCo executive John Sculley becomes Apple's CEO after being recruited by Steve...
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FILE - In this June 1, 2017, file photo, a sign stands on the campus of the Aetna headquarters, in Hartford, Conn. Aetna Inc. (AET) on Thursday, Aug. 2, 2018, reported second-quarter earnings of $1.21 billion. (AP Photo/Bill Sikes, File)
August 02, 2018 - 9:41 am
Aetna easily topped second-quarter earnings expectations as another drop in benefit expenses and lower taxes helped the nation's third-largest health insurer. Net income inched up less than 1 percent to $1.21 billion, while earnings adjusted for non-recurring gains totaled $3.43 per share, the...
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FILE - In this Wednesday, March 21, 2018 file photo, the logo of German car manufacturer BMW is pictured at the headquarters in Munich, Germany. German carmaker BMW reports its second quarter earnings on Thursday, Aug. 2, 2018. (AP Photo/Matthias Schrader, file)
August 02, 2018 - 8:40 am
FRANKFURT, Germany (AP) — BMW's profit fell 6 percent in the second quarter as it spent more on developing new technologies for electric, autonomous and digitally connected automobiles, the luxury carmaker said Thursday. Net income came in at 2.08 billion euros ($2.42 billion), down from 2.22...
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FILE - In this Oct. 17, 2017, file photo, customers line up at a Taco Bell restaurant inside Miami International Airport in Miami. The parent company of KFC, Taco Bell and Pizza Hut reported second-quarter results that beat Wall Street’s view, but a key sales metric failed to meet expectations. Sales at Pizza Hut restaurants open at least a year dipped 1 percent. KFC and Taco Bell reported a 2 percent rise in the metric. (AP Photo/Wilfredo Lee, File)
August 02, 2018 - 8:40 am
LOUISVILLE, Ky. (AP) — The company that owns KFC, Taco Bell and Pizza Hut is reporting healthy second-quarter profits, though sales at existing stores could create some unease. Shares slipped more than 2 percent before the opening bell Thursday. Yum Brands Inc. posted earnings of $321 million, or...
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In this photo taken Wednesday, May 16, 2018, a woman hands over a watch to a man outside a Starbucks outlet under construction in Beijing, China. Starbucks and Chinese e-commerce giant Alibaba Group announced a coffee delivery venture on Thursday, Aug. 2, 2018, that adds to growing competition in China's booming delivery industry. (AP Photo/Ng Han Guan)
August 02, 2018 - 7:25 am
BEIJING (AP) — Starbucks and Chinese e-commerce giant Alibaba Group announced a coffee delivery venture on Thursday, joining the growing competition in China's booming delivery industry. Starbucks Coffee Co. and Alibaba Group Holding Ltd. said the venture starts next month in Beijing and Shanghai...
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FILE - This March 27, 2018, file photo shows the Waymo logo on the of a Jaguar I-Pace vehicle, in New York. Google spinoff Waymo and Phoenix's major transit agency are partnering to test self-driving vehicles that would also boost public transportation use. Waymo announced in a blog post the start of a pilot program Tuesday, July 31, that would allow riders to hail an autonomous car to the nearest Valley Metro transit stop. (AP Photo/Mark Lennihan, File)
August 01, 2018 - 8:08 pm
PHOENIX (AP) — Five months after Uber pulled its self-driving cars out of Arizona following a fatal accident, Google spinoff Waymo is putting the technology back on Phoenix streets in partnership with the city's transit system. Valley Metro, the agency that oversees metro Phoenix's light rail and...
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FILE - In this April 15, 2018, file photo, the sun shines off the rear deck of a roadster on a Tesla dealer's lot in the south Denver suburb of Littleton, Colo. Tesla’s second-quarter revenue should grow by more than $1 billion as it delivered more Model 3 electric cars. But analysts predict it won’t be enough to stop the company’s net loss from rising dramatically when the Palo Alto, Calif., company reports earnings after the bell Wednesday, Aug. 1. (AP Photo/David Zalubowski, File)
August 01, 2018 - 5:11 pm
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars. But the company reiterated a promise from CEO Elon Musk to post net profits in the third and fourth quarters, and Telsa'...
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The logo for Ferrari is displayed above a trading post on the floor of the New York Stock Exchange, Wednesday, Aug. 1, 2018. Sports carmaker Ferrari confirms its 2018 earnings forecasts after posting an 18-percent rise in second-quarter profits and a rise in deliveries. (AP Photo/Richard Drew)
August 01, 2018 - 12:41 pm
MILAN (AP) — Shares in sportscar Ferrari tanked Wednesday after the new CEO told analysts that an annual revenue target set by the late former chief executive, Sergio Marchionne, was "aspirational." Louis Camilleri, who is also chairman at long-time Ferrari sponsor Philip Morris International, had...
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FILE - In this Friday, April 13, 2018 file photo, Volkswagen logo is pictured in front of a company building in Wolfsburg, Germany. German carmaker Volkswagen reports second-quarter earnings on Wednesday Aug 1, 2018. (AP Photo/Michael Sohn, File)
August 01, 2018 - 6:09 am
FRANKFURT, Germany (AP) — Volkswagen said its earnings rose in the second quarter on record sales and fatter profit margins, but warned that "growing protectionism" is a threat to the globally connected car industry. The automaker based in Wolfsburg, Germany, said Wednesday that profit increased 6...
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FILE - In this March 17, 2011, file photo, cans of Coca-Cola and Diet Coke sit in a cooler at a deli in Portland, Ore. Items ranging from canned beverages to airline tickets will likely get more expensive, companies warn, as they face higher costs. Procter & Gamble, one of the biggest makers of consumer products, said Tuesday, July 31, 2018, that Pampers prices will increase by an average of 4 percent in North America, while the Bounty, Charmin and Puffs brands could see 5 percent increases. (AP Photo, File)
August 01, 2018 - 3:12 am
The price of a can of Coca-Cola? Likely going up. A package of Pampers? That too. Plane tickets? They also may be more expensive. These items and more may cost more in the coming months as people start feeling the effects of higher fuel prices and raw-material costs as well as a range of tariffs...
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