Finance

Home goods retailer Pier 1 Imports Inc. is filing for bankruptcy protection By DEE-ANN DURBIN AP Business Writer February 18, 2020, 12:40 AM 3 min read Pier 1 Imports Inc. — the once-trendy supplier of home goods like papasan chairs and throw pillows — filed for bankruptcy protection Monday after years of sliding sales. The […]

LIMA, Feb 14 (Reuters) – LGBTQ couples in Peru took part in a symbolic wedding ceremony on Friday in an annual event aimed at calling for marriage equality in the conservative South American nation. Eleven couples exchanged vows at a park in the Miraflores district of Lima in a ceremony to mark Valentine’s Day called

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 February 17, 2020, 10:26 PM 2 min read CUPERTINO, Calif. — Apple Inc. is warning investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has

Amazon founder Jeff Bezos says he plans to spend $10 billion of his own fortune to help fight climate change By JOSEPH PISANI AP Retail Writer February 17, 2020, 8:23 PM 2 min read NEW YORK — Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to

Of millennial workers with an active 401(k), 43 percent expect to retire before the age of 65, based on data from T. Rowe Price. For Generation X — often defined as those aged 40 to 55 — that figure is 35 percent. While the T. Rowe Price survey targeted a privileged group, broader polls have

Owen Bieber, who led the United Auto Workers union from the auto industry’s dark days of the early 1980s to the prosperity of the mid-1990s, has died By DEE-ANN DURBIN AP Business Writer February 17, 2020, 6:53 PM 2 min read Owen Bieber, who led the United Auto Workers union from the auto industry’s dark

The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending By YURI KAGEYAMA AP Business Writer February 17, 2020, 2:48 AM 2 min read TOKYO — The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by

WASHINGTON — President Donald Trump is misrepresenting the Justice Department’s handling of the legal case of his confidant, Roger Stone. He’s suggesting rampant bias in the department’s initial recommendation to a federal court that Stone be sentenced between seven and nine years in prison, claiming that all four prosecutors are former members of special counsel

Port operator DP World says it will delist from the Nasdaq Dubai stock exchange, returning the company to full state-ownership in a move that will help the Dubai government’s investment company repay more than $5 billion to banks By AYA BATRAWY Associated Press February 17, 2020, 11:17 AM 2 min read DUBAI, United Arab Emirates

Automakers are gradually reopening Chinese factories that were idled by an anti-virus campaign, sending thousands of employees back to work as they try to reverse a sales slump in the global industry’s biggest market By JOE McDONALD AP Business Writer February 17, 2020, 10:49 AM 3 min read BEIJING — Automakers are reopening factories in