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Retailer results so far show people are going out, spending

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NEW YORK — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy's says that...

Streaming landscape shifts with $43B AT&T Discovery deal

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NEW YORK — AT&T said Monday it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create...

Buffett’s firm sells off financials, halves Chevron stake

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OMAHA, Neb. — Investor Warren Buffett's company pared back its holdings in financial firms further during the first quarter and also halved its new...

Alibaba records first quarterly operating loss since IPO

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HONG KONG — Alibaba had its first quarterly operating loss since it went public in 2014 after Beijing slapped a record $2.8 billion fine...

Meituan’s stock price plunges after CEO posts Chinese poem

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SINGAPORE — Shares in Meituan, China’s largest food delivery platform, have tumbled after its CEO posted —and then deleted — an ancient poem in...

Jessica Alba’s Honest Co. soars 44% in stock market debut

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NEW YORK — Shares of Honest Co., the diaper and baby-wipe seller founded by actress Jessica Alba, soared 44% in their stock market debut...

Pfizer ups expectations for the year

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Pfizer is raising its revenue expectations for the year with a huge roll out of its COVID-19 vaccine as well as strong performances from...

Warren Buffett’s firm reports $12B profit before its meeting

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OMAHA, Neb. — Warren Buffett's company reported a nearly $12 billion profit in the first quarter a year after a major loss when the...

Pizza Hut, KFC, Taco Bell sales bounce as restrictions ease

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LOUISVILLE, Ken. — Profit for the company that runs Pizza Hut, Taco Bell and KFC restaurants more than tripled during the first quarter and...

Ford posts surprise $3.26B 1Q profit; chip shortage looms

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DETROIT — Ford Motor Co. says it made $3.26 billion in the first quarter, helped by rising vehicle prices and in spite of production...