Consumer products and services

July 26, 2018 - 1:08 pm
DETROIT (AP) — Eminem has found himself in an unlikely battle: one over retail, not rap. The Detroit Free Press reports that fashion designer Clement Brown of the Three Thirteen shop is trying to block Eminem's trademark request for his apparel line, E13. Brown has held a trademark for his Three...
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FILE - This July 18, 2018, file photo, shows a sign outside a McDonald's restaurant in Pittsburgh. McDonald's Corp. (MCD) on Thursday, July 26, reported second-quarter net income of $1.5 billion. (AP Photo/Gene J. Puskar, File)
July 26, 2018 - 8:36 am
OAK BROOK, Ill. (AP) — McDonald's says a key sales figure rose in the second quarter as it works to win back customers through menu and store changes. The world's biggest burger chain says sales rose 4 percent globally at stores open at least 13 months. That included a 2.6 percent increase in the U...
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July 26, 2018 - 8:29 am
United Natural Foods is buying Supervalu for $1.26 billion, creating a grocery food wholesaler with a diverse customer base. United Natural Foods of Providence, Rhode Island, said Thursday it's paying $32.50 per share in cash, or a premium of 67 percent, for each share of Supervalu Inc. Including...
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A visitor walks by an advertisement of LG Electronics' product at an electronic shop area in Seoul, South Korea, Thursday, July 26, 2018. LG Electronics says its second-quarter net profit has dropped 43 percent as its mobile business has logged a bigger loss. (AP Photo/Lee Jin-man)
July 26, 2018 - 5:47 am
SEOUL, South Korea (AP) — LG Electronics said Thursday its second-quarter net profit dropped 43 percent as its mobile business logged a bigger loss, offsetting profit growth in TV sales. South Korean consumer electronics maker LG said that its April-June earnings were 283 billion won ($253 million...
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FILE - In this June 23, 2015 file photo a van is pictured in a light tunnel at the Mercedes-Benz automobile plant in Ludwigsfelde, near Berlin. Mercedes-Benz Deutsche Bank presents the figures of the second quarter 2018 on Thursday, July 26, 2018. (Photo/Michael Sohn, file)
July 26, 2018 - 4:03 am
FRANKFURT, Germany (AP) — German automaker Daimler AG said Thursday that its net profit fell 27 percent in the second quarter as the company confronted multiple challenges including trade tensions, weak pricing for its luxury cars, and recalls and product delays related to diesel emissions. Net...
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The logo of Hyundai Motor Co. is seen on a car displayed at its showroom in Seoul, South Korea, Thursday, July 26, 2018. Hyundai Motor Co. says its net profit for the second quarter has fallen 14 percent over a year earlier due to the South Korean won's strength against the U.S. dollar. (AP Photo/Ahn Young-joon)
July 26, 2018 - 3:44 am
SEOUL, South Korea (AP) — Hyundai Motor Co. said Thursday its net profit for the second quarter fell 14 percent over a year earlier due to the South Korean won's strength against the U.S. dollar. South Korea's largest automaker said its April-June net income was 701 billion won ($626 million),...
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FILE - In this Friday, July 21, 2017, file photo, Ford cars wait for deployment after arrival by ship at the Ford Dagenham diesel engine plant in London. An escalating trade war and steep tariffs on steel and aluminum are putting pressure on earnings for automakers, prompting General Motors to slash its outlook while also weighing down shares of Ford Motor Co. and auto parts companies. (AP Photo/Frank Augstein, File)
July 25, 2018 - 7:40 pm
DETROIT (AP) — Ford Motor Co. said Wednesday it is in the midst of a major restructuring of the company that will cost $7 billion in cash and hit pretax earnings by $11 billion over the next three to five years. But the company, which also reported a 48 percent second-quarter net profit decline,...
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FILE- In this Jan. 10, 2017, file photo, General Motors Chairman and CEO Mary Barra speaks about the financial outlook of the automaker in Detroit. An escalating trade war and steep tariffs on steel and aluminum are putting pressure on earnings for automakers, prompting GM to slash its outlook while also weighing down shares of Ford Motor Co. and auto parts companies. (AP Photo/Paul Sancya, File)
July 25, 2018 - 7:39 pm
A Trump administration-led trade war with China and U.S. tariffs on steel and aluminum are putting pressure on earnings for automakers, prompting General Motors to slash its outlook and, among other factors, cutting into Ford Motor Co.'s earnings. GM cited "recent and significant increases in...
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This undated photo provided by Indian Motorcycle shows Indian Scout Bobber 2017. A U.S. motorcycle manufacturer says it plans to increase production in Poland after President Donald Trump ordered tariffs on steel and aluminum and the European Union retaliated with tariffs on motorcycles, but the company said Wednesday, July 25, 2018, the move will not reduce jobs at its U.S. plants. (Barry Hathaway/Indian Motorcycle via AP)
July 25, 2018 - 7:00 pm
The maker of the Indian Motorcycles brand said Wednesday it plans to increase production in Poland after President Donald Trump ordered tariffs on steel and aluminum and the European Union retaliated with tariffs on motorcycles. But the company said the move will not reduce jobs at its U.S. plants...
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FILe - In this April 13, 2017, photo, shows the Trump International Hotel is on Pennsylvania Avenue in Washington. A federal judge ruled July 25, 2018, that Maryland and the District of Columbia can proceed with their lawsuit accusing President Donald Trump of unconstitutionally accepting payments from foreign and state interests through his Washington hotel. The decision clears the way for the plaintiffs to seek financial records and other materials from the president's company. (AP Photos/Beth J. Harpaz, File)
July 25, 2018 - 6:09 pm
WASHINGTON (AP) — A federal judge ruled Wednesday that Maryland and the District of Columbia can proceed with their lawsuit accusing President Donald Trump of unconstitutionally accepting payments from foreign and state interests through his Washington hotel. The decision clears the way for the...
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