Albertsons CEO Vivek Sankaran said Friday that he is satisfied with the company’s initial public offering, even when its shares fell short of expectations. The grocery store operator began trading on the New York Stock Exchange on Friday with the slogan “ACI.” It debuted at a lower-than-expected price of $ …
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WASHINGTON (AP) – American consumers increased spending by a record 8.2% in May, partially erasing huge declines in the previous two months, in the context of an economy that is likely to be slowing down at its fastest pace recorded this quarter. The pickup in consumer spending last month followed …
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Ford Motor is not concerned about new features in its new F-150 that sets prices for people leaving the increasingly expensive full-size truck market, according to Jim Farley, Ford’s Chief Operating Officer. “This is the content that people want and is more than willing to pay for,” he said during …
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Texas Governor Gregg Abbott speaks to the press after attending George Floyd’s public presentation at Fountain of Praise Church in Houston, Texas on June 8, 2020. Andrew Caballero-Reynolds | AFP | fake pictures Texas Governor Greg Abbott announced Friday that he will withdraw part of the state’s reopening as coronavirus …
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This week, trade organizations said Chinese shipments were suddenly held up at Indian checkpoints, highlighting mounting tensions in a vital trade relationship after countries clashed in a deadly border battle more than a week ago. The India Cellular and Electronics Association (ICEA), which represents Apple (AAPL) and Foxconn, among other …
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