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Target, Krispy Kreme fall; Hill International, Lowe's rise

The Associated Press
Aug 17, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Wednesday: Target Corp., down $4.85 to $175.34. The retailer's second-quarter profit fell fa...
Newest meme stock, Bed Bath & Beyond, tumbles after big day

The Associated Press
Aug 17, 2022 7:00 am - NEW YORK (AP) - Now comes the downside of the meme-stock craze for investors in Bed Bath & Beyond. The stock fell 16% in after-hours trading Wednesday following reports ...
Asian shares rise on optimism about US, China economies

By YURI KAGEYAMA
Aug 17, 2022 7:00 am - TOKYO (AP) - Asian shares were mostly higher Wednesday as regional markets looked to strong economic signs out of the U.S. and China as drivers of growth. Benchmarks ro...
Target takes a hit after heavy discounts to clear inventory

By ANNE D'INNOCENZIO
Aug 17, 2022 7:00 am - NEW YORK (AP) - Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted invento...
Closing prices for crude oil, gold and other commodities

The Associated Press
Aug 17, 2022 7:00 am - Benchmark U.S. crude oil for September delivery rose $1.58 to $88.11 a barrel Wednesday. Brent crude for October delivery rose $1.31 to $93.65 a barrel. Wholesale gasoli...
Seattle CEO who cut his pay so workers earned $70K resigns

The Associated Press
Aug 17, 2022 7:00 am - SEATTLE (AP) - A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his ...
Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit

By MARK GILLISPIE
Aug 17, 2022 7:00 am - CLEVELAND (AP) - A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains...
Bank of America's overdraft fees down 90% under new policy

By KEN SWEET
Aug 17, 2022 7:00 am - NEW YORK (AP) - Bank of America says the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and elimi...
Amazon testing TikTok-style feed on its app, AI firm says

By HALELUYA HADERO
Aug 17, 2022 7:00 am - NEW YORK (AP) - Amazon appears to be getting the TikTok bug, joining other companies seeking to hold consumers' attention by introducing replicas of the popular social p...
US retail sales were flat in July as inflation takes a toll

By PAUL WISEMAN and ANNE D'INNOCENZIO
Aug 17, 2022 7:00 am - WASHINGTON (AP) - The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend mo...

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