With more and more consumers shopping online, do brick-and-mortar stores stand a chance? At least for one pop-up shop in New York City, the future of retail is about embracing digital trends rather than resisting them. Mastercard and Marie Claire magazine have teamed up to create “The Next Big Thing” concept shop, a pop-up store…
read moreEven though gasoline-powered SUVs are what people are buying now, General Motors is betting that electric vehicles will be all the rage in the not-to-distant future. The Detroit automaker is promising two new EVs on Chevrolet Bolt underpinnings in the next 1 ½ years and more than 20 electric or hydrogen fuel cell vehicles by…
read morePresident Donald Trump ordered flags to fly at half-staff Monday as the nation recoiled in horror at the worst mass shooting by a lone gunman in recent U.S. history. “We are joined together in sadness, shock and grief,” Trump said in a nationally televised address less than 12 hours after the shooting began. “It was…
read morePresident Donald Trump ordered flags to fly at half-staff Monday as the nation recoiled in horror at the worst mass shooting in U.S. history. “We are joined together in sadness, shock and grief,” he said in a nationally televised address less than 12 hours after the shooting began. “It was an act of pure evil.”…
read moreU.S. factory activity surged to a more than 13-year high in September amid strong gains in new orders and raw material prices, pointing to underlying strength in the economy even as Hurricanes Harvey and Irma are expected to dent growth in the third quarter. The economic outlook was also bolstered by other data on Monday…
read moreThe Trump administration has set out to upend some of President Barack Obama’s regulations, which the White House says circumvented Congress in the first place and cost American businesses and the economy billions of dollars. Without any major legislative accomplishments to point to despite the advantage of a Republican-controlled Congress, Trump on Monday was…
read moreThe U.S. Supreme Court on Monday refused to consider a bid by Samsung Electronics Co Ltd. to force customers who have filed proposed class-action lawsuits against the company to arbitrate their claims instead of bringing them to court. The justices left intact a lower court’s ruling that purchasers of certain Galaxy smartphones made by the…
read moreSocial media giant Facebook is expected to provide Congress on Monday with more than 3,000 ads that ran around the time of the 2016 presidential election and are linked to a Russian ad agency. Company officials will meet with the House and Senate intelligence committees and the Senate Judiciary Committee to hand over the ads,…
read moreSocial media giant Facebook is expected to provide Congress on Monday with more than 3,000 ads that ran around the time of the 2016 presidential election and are linked to a Russian ad agency. Company officials will meet with the House and Senate intelligence committees and the Senate Judiciary Committee to hand over the ads,…
read moreSeveral dozen NFL players, fewer than last week, chose to kneel during the U.S. national anthem before league games on Sunday, a day after President Donald Trump again demanded an end to a protest he sees as a sign of disrespect for the flag. At least 40 players, most of them on the San Francisco…
read moreCasinos in the world’s biggest casino hub of Macau extended a 14-month winning streak in September with revenue up 16.1 percent, priming for a bumper national holiday week, which is expected to see strong visitor traffic in the southern Chinese territory. Macau, a former Portuguese colony and now special administrative region, is the only place…
read morePuerto Rico’s governor, Ricardo Rossello, said Sunday that the number of Puerto Ricans in shelters following Hurricane Maria has decreased significantly. “The total of the people in shelter has been reduced. We are about at 8,800 refugees at this juncture and 139 shelters,” he said, noting that a week ago there were 500 shelters across…
read moreAlmost a week and a half after Hurricane Maria devastated Puerto Rico, about half of the island’s 3.4 million residents still lack access to clean drinking water, according to the U.S. Department of Defense, while 95 percent remain without power. Puerto Rican Governor Ricardo Rossello noted, however, Saturday that some progress has been made. He…
read moreThe ouster of Tom Price as President Donald Trump’s health secretary is yet another self-inflicted blow for Republicans wishing to put their own stamp on health care — and the latest distraction for a White House struggling to advance its agenda after months of turmoil. Price resigned Friday amid investigations into his use of costly…
read moreAt the turn of the century, Bangladeshi immigrant Shaker Sadeak packed his bags in New York City and headed to Michigan — a state that he says afforded him the opportunity to make a living and go to school at the same time. Seven years later, he took another step, opening his own wholesale and…
read moreU.S. President Donald Trump took the Mayor of San Juan, Puerto Rico to task in a series of Saturday morning tweets in apparent response to her criticism of the administration’s effort to help the U.S. territory recover from the devastation inflicted by Hurricane Maria. Mayor Carmen Yulin Cruz accused the Trump administration of “killing us…
read moreThe president of Emily’s List rose to the podium at a recent New York fundraiser to make a proud announcement: More than 18,000 women had contacted the group since Election Day, looking to explore running for office, “an explosion,” she called it. Of course, they’re all Democrats. On the Republican side, there’s been no such…
read moreThe United States has opened a direct channel of communication with North Korea and is investigating whether the regime of Kim Jong Un is interested in pursuing talks to give up its nuclear weapons, according to U.S. Secretary of State Rex Tillerson on Saturday, who is in Beijing, seeking China’s cooperation on a “maximum pressure”…
read moreAn official survey released Saturday said that China’s factory activity expanded in September at the fastest pace in five years, as the country’s vital manufacturing sector stepped up production to meet strong demand. The official manufacturing purchasing managers’ index rose to 52.4 in September, up from 51.7 in the previous month and the highest level…
read moreNearly all U.S. taxpayers say American tax law, which runs tens of thousands of pages, is an incredibly complicated, annoying mess. And there is no agreement on how to fix the problem. Republicans recently outlined a new effort they say will be clearer, fairer and helpful to the economy. Critics say the Republican plan would…
read moreU.S. President Donald Trump promoted his sweeping tax cut proposal before the nation’s largest manufacturing advocacy group Friday, saying lower rates will make American businesses more robust global competitors. “Under my administration, the era of economic surrender is over and the rebirth of American industry is beginning,” Trump declared in a speech to the Washington-based…
read morePresident Donald Trump is touting his administration’s disaster response in Puerto Rico, even as officials in the U.S. territory warn that much more help will be needed to fend off mass hunger and disease on the hurricane ravaged island. Adding to his running series of Twitter posts on the subject, Trump noted that Puerto Rico’s…
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