Retail and wholesale

FILE - In a Feb. 14, 2020 file photo, employees wear face masks as they stand in a reopened Apple Store in Beijing. Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday, Feb. 17, 2020 that all of its iPhone manufacturing facilities are outside Hubei province, and all have been reopened, but production is ramping up slowly. (AP Photo/Mark Schiefelbein, File)
February 17, 2020 - 4:17 pm
CUPERTINO, Calif. (AP) — Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday that all of its iPhone manufacturing facilities are outside Hubei...
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FILE - In this Jan. 22, 2020, file photo a person walks by a retail clothing store in Valley West Mall in West Des Moines, Iowa. On Friday, Feb. 14, the Commerce Department releases U.S. retail sales data for January. (AP Photo/Andrew Harnik, File)
February 14, 2020 - 7:35 am
WASHINGTON (AP) — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores. The Commerce Department said Friday that the January advance followed a 0.2% rise in sales in December. The...
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The Official U.S. Government Medicare Handbook for 2020 over pages of a Department of Health and Human Services, Office of the Inspector General report, are shown, Thursday, Feb. 13, 2020 in Washington. A government watchdog tells The Associated Press it will launch a nationwide audit that may shed light on how seniors’ personal Medicare information is getting to telemarketers, raising concerns about fraud and waste. An official with the Health and Human Services inspector general's office says the audit will be announced next week. (AP Photos/Wayne Partlow)
February 13, 2020 - 11:47 pm
WASHINGTON (AP) — A government watchdog plans to launch a nationwide probe into how telemarketers may be getting hold of seniors’ personal Medicare information, a red flag for potential fraud and waste. An official with the Health and Human Services inspector general's office told The Associated...
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FILE - In this April 25, 2018, file photo a staff member stands next to a Tiggo 8 SUV by Chinese automaker Chery after a press conference at the China Auto Show in Beijing. A California company says it will build and sell Chinese-designed automobiles in the U.S. at the end of next year or early in 2022. HAAH Automotive Holdings says it has an agreement with large Chinese automaker Chery Automobile to provide the vehicles, which will be assembled in a U.S. factory. HAAH says the first vehicle sold will be a midsize SUV. (AP Photo/Mark Schiefelbein, File)
February 10, 2020 - 10:56 am
DETROIT (AP) — A California company says it will build and sell Chinese-designed automobiles in the U.S. at the end of next year or early in 2022. HAAH Automotive Holdings says it has an agreement with large Chinese automaker Chery Automobile to provide the vehicles, which will be assembled in a U...
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FILE - This Feb. 16, 2010 file photo shows the headquarters of the Simon Property Group in downtown Indianapolis. The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. said Monday, Feb. 10, 2020, that its operating partnership, Simon Property Group, LP, will buy all of Taubman stock for $52.50 per share. (Danese Kenon/The Indianapolis Star via AP, File)
February 10, 2020 - 9:58 am
The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. is the nation's largest mall operator. It said Monday that its operating partnership, Simon...
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In this Jan. 31, 2020, photo, Ann Lovell stands at the security checkpoint before her flight from Salt Lake City International Airport to San Diego. Lovell travels every few months to Tijuana, Mexico, to buy medication for rheumatoid arthritis — with tickets paid for by the state of Utah's public insurer. Lovell is one of about 10 state workers participating in a year-old program to lower prescription drug costs by having public employees buy their medication in Mexico at a steep discount compared to U.S. prices. (AP Photo/Rick Bowmer)
February 09, 2020 - 9:48 am
SALT LAKE CITY (AP) — Ann Lovell had never owned a passport before last year. Now, the 62-year-old teacher is a frequent flier, traveling every few months to Tijuana, Mexico, to buy medication for rheumatoid arthritis — with tickets paid for by the state of Utah’s public insurer. Lovell is one of...
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People wearing masks buy foods at a supermarket in Hangzhou in east China's Zhejiang province, Saturday, Feb. 8, 2020. China's communist leaders are striving to keep food flowing to crowded cities despite anti-disease controls, to quell fears of possible shortages and stave off price spikes from panic buying after most access to Wuhan was cut off Jan. 23. Food stocks in supermarkets ran low shortly after Beijing imposed travel curbs and extended the Lunar New Year holiday to keep factories, offices and other businesses closed and the public at home, attempting to prevent the virus from spreading. (Chinatopix via AP)
February 08, 2020 - 1:40 am
BEIJING (AP) — The manager of the Wushang Mart in Wuhan, the locked-down city at the heart of China’s virus outbreak, says its shelves are loaded with 50% more vegetables and other food than usual to reassure jittery customers. Communist leaders are trying to keep food flowing to crowded Chinese...
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CEO of Swedish telecom giant Ericsson, Borje Ekholm talks to the media after presenting the company's 2019 full year result at the Ericsson headquarters in Stockholm, Sweden, on Friday Jan. 24, 2020. (Fredrik Sandberg / TT via AP)
February 07, 2020 - 1:31 pm
BEIJING (AP) — More than a month after the outbreak of China's deadly virus, the economic damage is being felt by more businesses and is threatening the outlook for the global economy. In a report Friday, the Federal Reserve warned that the virus represents an international risk. “The recent...
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Entrepreneurs Kevin Hart, of Randolph, Mass., left, and Kobie Evans, of Boston, right, speak to reporters after attending a meeting of the Massachusetts Cannabis Control Commission, Thursday, Feb. 6, 2020, in Worcester, Mass. The commission voted in favor of licenses for a number of cannabis shops, including Pure Oasis, a soon to open pot shop in Boston's Dorchester neighborhood by Evans and Hart. (AP Photo/Steven Senne)
February 06, 2020 - 4:28 pm
BOSTON (AP) — Boston’s first retail pot shop and Massachusetts’ first minority-owned marijuana business was approved Thursday, more than a year after the first shops opened elsewhere in the state. The state’s Cannabis Control Commission on Thursday voted to give final license approval to Pure Oasis...
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People wearing face masks walk past a fashion shop in Hong Kong, Thursday, Feb. 6, 2020. Ten more people were sickened with a new virus aboard one of two quarantined cruise ships with some 5,400 passengers and crew aboard, health officials in Japan said Thursday, as China reported 73 more deaths and announced that the first group of patients were expected to start taking a new antiviral drug. (AP Photo/Vincent Yu)
February 06, 2020 - 12:03 pm
BEIJING (AP) — Airlines are extending their suspension of flights to mainland China, while more retailers are putting an estimate on the economic damage they expect to incur from the virus outbreak in China. Here is a look at the latest developments on how the virus is affecting global business:...
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