FILE PHOTO: A man takes photos of iPhones at Apple’s new flagship store on its opening day after an outbreak of coronavirus disease (COVID-19) at Sanlitun in Beijing, China, July 17, 2020. REUTERS / Thomas Peter / File Photo SAN FRANCISCO (Reuters) – Arizona is leading a state investigation across …
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(Bloomberg) – L Brands Inc. shares rose more in four months after the retailer detailed a cost-cutting plan and said its Bath & Body Works chain managed to grow last quarter despite the challenging retail environment. The company, which also owns Victoria’s Secret, plans to cut 850 office jobs, or …
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Investors braced for some unusually weak sales and earnings numbers for McDonald’s (NYSE: MCD) in its second quarter report (covering the months of April, May, and June). The period captures some of the most intense impacts to date of the COVID-19 pandemic. The fast food giant had already revealed a …
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By Paresh Dave and Stephen Nellis SAN FRANCISCO (Reuters) – Arizona is leading a state investigation across the United States to determine whether the deliberate slowdown of old Apple Inc iPhones violated deceptive business practice laws, documents reviewed by Reuters on Wednesday showed. Last week, a separate document released by …
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Kodak Chief Executive Officer and CEO Jim Continenza discusses the company’s production of drugs and pharmaceutical supplies in the U.S. Shares of Eastman Kodak Co. rose for a second day on Wednesday after the company switched to the pharmaceutical industry after obtaining a $ 765 million government loan to produce …
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