News

Business

Walmart's plunge sinks retailers, breaking streak for stocks

Financial Markets Wall Street

The biggest drop in Walmart’s stock in 30 years and losses in other sectors pulled U.S. indexes lower Tuesday, snapping a six-day winning streak. The losses deepened in the last hour of trading into a broad sell-off that erased early gains led by technology companies. Walmart plunged 10 percent...


Business

Financial Markets Glance

Dow Jones Industrials High: 25,179.01 Low: 24,884.19 Close: 24,964.75 Change: —254.63 Other Indexes Standard&Poors 500 Index: 2716.26 —15.96 NYSE Index: 12,763.33 —111.04 Nasdaq Composite Index: 7234.31 —5.16 NYSE Amer Composite: 2509.73 —22.28 Russell 2000 Index: 1529.99 —13.56 Wilshire 5000...


Business

3M is said to settle Minnesota lawsuit for up to $1 billion

(c) 2018, Bloomberg. 3M Co. has settled a lawsuit with Minnesota’s Attorney General Lori Swanson for between $500 million and $1 billion, according to a person familiar with the matter. The state had sought $5 billion for natural resources damage and human health problems it said were linked to a...


Business

Walmart's bruising battle with Amazon saps its 4Q results

Earns Walmart

NEW YORK (AP) — Walmart is getting bruised in its battle with online leader Amazon. The world’s largest retailer on Tuesday reported a smaller-than-expected fourth-quarter profit as it wrestled with slower e-commerce sales during the busiest time of the year. The results underscore the company’s...


Business

A passenger says she complained about period pains and was forced off her flight

(c) 2018, The Washington Post. A 24-year-old woman in the United Kingdom said she and her boyfriend were removed from an Emirates flight bound for Dubai after an attendant overheard her complaining about menstrual cramps. Beth Evans and her boyfriend, 26-year-old Joshua Moran, said a flight...


Business

US stocks fall with Treasuries, dollar climbs

(c) 2018, Bloomberg. U.S. stocks halted a six-day rally as disappointing results from Walmart weighed on major indexes as the dollar pushed higher. Treasuries fell amid a heavy slate of U.S. debt issuance, with short-end auctions drawing some of the highest yields in almost a decade. The S&P 500...


Government

False story claims Trump forged physical checkup results

WASHINGTON (AP) — President Donald Trump did not forge the results of his physical, despite the claims of a story that suggested a misspelled name of the White House doctor indicated the doctor never signed off on the report. The Washingtonpress piece based its claim on a White House report that...


Government

The Latest: Attorney pleads guilty to lying

Trump Russia Probe

WASHINGTON (AP) — The Latest on the Russia probe (all times local): 3:25 p.m. An attorney for a prominent law firm is pleading guilty to lying to federal authorities about his interactions with a former Trump campaign associate. Alex van der Zwaan is entering the plea in federal court in Washington...


State

Man accused of filming suicide found mentally competent

PROVO, Utah (AP) — A Utah man accused of encouraging a high school friend to hang herself and filming the act has been found mentally competent to stand trial. The Daily Herald newspaper in Provo reports the judge’s decision came Tuesday in the case of 18-year-old Tyerell Przybycien (pro-BISH-ian)....


Business

Slowing online sales send Walmart's stock tumbling nearly 10 percent

(c) 2018, The Washington Post. For months now, Wall Street has rewarded Walmart for engineering the kind of e-commerce turnaround that has eluded so many traditional retailers. But when the merchandising giant reported Tuesday that online growth had slowed during the critical holiday season,...


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