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Military retailer to let in more vets

posted: 07/21/2017 1:55 a.m. Discuss

OFFUTT AIR FORCE BASE, Neb. -- All honorably discharged U.S. military veterans, no matter their branch of service, will be eligible starting later this year to shop tax-free online at the Army & Air Force Exchange Service site with the same discounts they enjoyed on base while in the military.

Sears, Amazon forge deal to sell Kenmore online, tie in Alexa

posted: 07/21/2017 1:54 a.m. Discuss

Shares of Sears Holdings Corp. rose Thursday after the company announced an agreement to sell its Kenmore appliances on Amazon.com, a reassuring sign for a retailer that's been rattled by e-commerce upheaval.

Bid near for Foxconn plant, Wisconsin lawmakers say

posted: 07/21/2017 1:53 a.m. Discuss

MADISON, Wis. -- Two Republican state lawmakers said Thursday that Wisconsin is closer to announcing its offer to attract Taiwanese iPhone manufacturer Foxconn to the state.

Coastal drilling plan gets N.C. 'no'

posted: 07/21/2017 1:53 a.m. Discuss

ATLANTIC BEACH, N.C. -- Under pressure from President Donald Trump, North Carolina's governor announced his opposition on Thursday to drilling for natural gas and oil off the Atlantic coast, saying it poses too much of a threat to the state's beaches and tourism economy.

Visa earnings top forecasts, hit $2B

posted: 07/21/2017 1:52 a.m. Discuss

NEW YORK -- Payment-processing giant Visa said its fiscal third-quarter profit rose sharply from a year earlier, after its purchase of Visa Europe.

Honorably discharged veterans will soon get to shop tax-free

posted: 07/20/2017 11:17 a.m. Discuss

OFFUTT AIR FORCE BASE, Neb. — Starting later this year, all honorably discharged veterans, no matter their branch of service, will be eligible to shop tax-free online at the Army & Air Force Exchange Service with the same discounts they enjoyed on base while in the military.

Truckers fret over NAFTA redo plan

posted: 07/20/2017 2:12 a.m. Discuss

President Donald Trump's White House this week released a first glimpse at its plans to "renegotiate" the North American Free Trade Agreement, but it did virtually nothing to assuage stress in the logistics industry that wonders how supply chains will be altered.

Trade gap snags U.S., China talks

posted: 07/20/2017 2:11 a.m. Discuss

A one-day discussion between the world's two biggest economies got off to a tense start Wednesday as U.S. Commerce Secretary Wilbur Ross upbraided China over the trade imbalance and both governments canceled their closing news conferences.

Amazon eases way into more lives

posted: 07/20/2017 2:07 a.m. Discuss

Amazon is already a huge part of many people's lives. And its $13.7 billion deal for the organic grocer Whole Foods likely will bind its avid customers even more tightly, analysts say.

Shareholders of U.K. firm, Reynolds OK tobacco deal

posted: 07/20/2017 2:05 a.m. Discuss

Shareholders of British American Tobacco and Reynolds American Inc. on Wednesday approved merging into the world's largest publicly traded tobacco company.

Market report: Indexes again reach record highs

posted: 07/20/2017 2:01 a.m. Discuss

U.S. stocks continued to climb Wednesday, led by technology, health care and energy companies. Media companies also rose as stock indexes set record highs.

Business news in brief

posted: 07/20/2017 2 a.m. Discuss

Home BancShares reports on 2Q today

Study shows plunge in retirement benefits

posted: 07/20/2017 1 a.m. Discuss

Employers cut their contributions to workers' retirements by a quarter from 2001-15, according to a new report by the consulting firm Willis Towers Watson. The biggest driver: the decline of traditional defined-benefit pensions, replaced by stingier, 401(k)-style, defined-contribution plans.

British American Tobacco buying Reynolds approved

posted: 07/19/2017 11:26 a.m. Discuss

RALEIGH, N.C. — Shareholders of British American Tobacco and Reynolds American Inc. support merging into the world's largest publicly traded tobacco company.

Governor hails foreign investment

posted: 07/19/2017 2:16 a.m. Discuss

Arkansas will continue to welcome foreign investments that bring jobs to the state, Gov. Asa Hutchinson said Tuesday as part of a group's nationwide effort to counter any anti-trade sentiments that might come from Washington, D.C.

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