Archive for July 27th, 2018

A J.C. Penney executive told The Wall Street Journal that the company "took its eye off of its core customer" — the middle-aged mom — in its effort to appeal to millennials. It is now trying to win back these shoppers.

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Scandals have damaged the company, but the most pressing problem is that there aren't that many people left to convert— they’re all already on Facebook.

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To whom much is given, much is required. And for a technology sector on the verge of begetting two trillion-dollar companies in Amazon.com and Apple Inc., the requirements are getting daunting.

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A JCPenney executive told The Wall Street Journal that the company "took its eye off of its core customer" — the middle-aged mom — in its effort to appeal to millennials. It is now trying to win back these shoppers.

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<p></p><p>Shares of U.S. television network CBS tumbled 7 percent Friday after the Hollywood Reporter said that the New Yorker magazine would soon publish a claim that CBS chief executive officer Les Moonves has been accused of sexual harassment.</p>

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Meal kits may make cooking easier, but getting a box of pre-portioned ingredients and instructions to a customer’s door is one of the most complicated logistics riddles in the food business.

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Coke drinkers are likely to see prices for their favorite drinks rise this year, thanks in part to President Donald Trump’s tariffs, the company’s CEO said.&nbsp;

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Analysts say that with too many factories making slow-selling cars, General Motors can't afford to keep them all operating without making some tough decisions.

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<p>Shares of Amazon rose as much as 4 percent Friday to hit an all-time high after the online retailing giant's quarterly profit topped $2 billion for the first time, powered by its best operating margin in 13 years.</p>

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One under-the-radar change could put less money into the pockets of Social Security recipients.

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Outdated occupations that have bitten the dust.

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<p>U.S. stock index futures indicated slight gains for Friday's open after the Commerce Department released the first look at second-quarter economic growth. </p>

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<p></p><p>Stocks opened higher on Friday as Wall Street pored through strong economic data and the latest batch of quarterly earnings.</p>

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Consumer spending propelled U.S. economic growth

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Dennis Cao, a 24-year-old software engineer living in San Diego, just got caught on the wrong side of Facebook’s historic plunge. He says it cost him $180,000.

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