SEATTLE (AP) — Nordstrom’s net sales fell 20% in its November-through-January fourth quarter as the winter wave of the coronavirus pandemic roiled the nation’s economy. But the Seattle-based company says the overall drop was cushioned […]
UNDATED (AP) — In a deal to jettison itself from under bankruptcy protection, Hertz says it may sell a controlling stake in the rental car company to two investment firms for $4.2 billion. Hertz was […]
NEW YORK (AP) — Target extended its strong sales streak through the holiday quarter and grabbed business from rivals. The Minneapolis-based discounter reported today that it profit soared 66%, while sales jumped 21% for its […]
WASHINGTON (AP) — Drug maker Merck & Co. will help produce rival Johnson & Johnson’s newly approved coronavirus vaccine in an effort to expand supply more quickly. That’s according to a Biden administration official who […]
WASHINGTON (AP) — U.S. manufacturing expanded in February at the fastest pace three years, helped by a strong gain in new orders. The Institute for Supply Management reported Monday that its gauge of manufacturing activity […]
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