Business

Business Briefs – February 18, 2019

China Accuses U.S. of Trying to Block Its Tech Development BEIJING (AP) – China’s government on Monday accused the United States of trying to block the country’s industrial development by…

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Business Briefs – February 17, 2019

Payless ShoeSource to Shutter All of Its Remaining U.S. Stores NEW YORK (AP) – Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico,…

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NEW HAMODIA COLUMN! Ask ‘Just Not Fare’

Question: I bought airline tickets from El-Al for a direct flight to Israel and the airline bumped me. Am I entitled to compensation? Shlomie from Brooklyn Shlomie, thank you for…

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Asian Stocks Retreat as Lackluster China, U.S. Data Weigh

Asian stocks fell on Friday, retreating from four-month highs after data out of China raised concerns over deflationary pressures building in the world’s second biggest economy. The bearish impulse appeared…

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Business Briefs – February 14, 2019

Average Tax Refunds Fall, Creating Political Flashpoint WASHINGTON (AP) – The average tax refund and the total amount of refunds issued are down for a second week. That has the…

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Unemployment Claims Rise by 4,000 to 239,000

The number of Americans applying for unemployment benefits rose last week but remains at levels low enough to show that most workers enjoy job security. The Labor Department says claims…

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Airbus Abandons Iconic A380 Superjumbo

European plane maker Airbus said Thursday it will stop making its superjumbo A380 in 2021 for lack of customers, abandoning the world’s biggest passenger jet and one of the aviation…

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Shares, Oil at Three-Month Highs

Optimism about U.S.-China trade talks and bumper earnings lifted European shares to a three-month high on Thursday, though news that Germany only dodged recession by the narrowest of margins left…

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Business Briefs – February 14, 2019

Head of FEMA Resigning, Questioned Over Use of Vehicles WASHINGTON (AP) – The head of the federal disaster response agency is resigning, months after an investigation found he misused government…

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Optimism Over U.S.-China Trade Talks Boosts Stocks Again

Stocks finished broadly higher Wednesday as investors remained optimistic that the U.S. and China will make more progress in resolving their costly trade dispute. Energy companies, retailers and industrial stocks…

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