Business

Bruce Leighty | Photolibrary | Getty Images Macy’s said its stores at weaker U.S. shopping malls were hurt by slower foot traffic during the latest quarter, leading to a steeper-than-expected sales decline. “We’ve been investing in malls where our developers are investing and … we feel really good about that initiative and those stores continue
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Anti-government protesters with their faces covered stand at Hong Kong Polytechnic University, which has been taken over by anti-government protesters, on November 21, 2019 in Hong Kong, China. Laurel Chor | Getty Images News | Getty Images U.S.–China relations will worsen if President Donald Trump signs a pro-Hong Kong rights bill into law, a former
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CNBC’s Jim Cramer said Wednesday that home repair rivals Home Depot and Lowe’s had a common thread in their respective quarterly reports: e-commerce. “These days, people expect everything to be frictionless,” the “Mad Money” host said. “The moment they hit any kind of problem, any speed bump, they just take their business elsewhere.” Lowe’s shares
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Over the decades, automakers have been fond of rolling out fantasy-in-chrome concept cars, but few have pushed the design and engineering envelope as far as the Volkswagen Space Vizzion Concept making its debut at the Los Angeles Auto Show this week. With its over-the-top design, long-range battery-electric drive and digital technologies that include an augmented-reality
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U.S. financier Jeffrey Epstein (C) appears in court where he pleaded guilty to two prostitution charges in West Palm Beach, Florida, U.S. July 30, 2008. Uma Sanghvi | Palm Beach Post | Reuters The FBI is investigating whether a “criminal enterprise” played a role in the controversial jailhouse death of well-connected sex criminal Jeffrey Epstein,
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Coffee comes in many forms — hot, cold, flavored and decaffeinated. But the idea of coffee without the bean —well that’s something new. It’s called “molecular coffee.” Atomo, a start-up located just blocks from the famous Starbucks in Seattle’s Pike Place Market, said it’s reverse-engineered the coffee bean. And if you’re wondering why, you’re not
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CNBC’s Jim Cramer previews next week’s earnings reports from companies such as Target, Kohl’s and Foot Locker. The “Mad Money” host also chats with LivePerson CEO Robert LoCascio, who discusses how artificial intelligence has changed the way customers interact with companies. Later in the show he explains why both Wells Fargo and Walmart are worth buying. 
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Taylor Swift performs during The 58th GRAMMY Awards at Staples Center on February 15, 2016 in Los Angeles. Kevin Winter | WireImage | Getty Images Taylor Swift’s public feud with music industry executives Scott Borchetta and Scooter Braun continued Thursday when she claimed on social media they were “exercising tyrannical control” and blocking her from
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