Corporate news

A Payless store during a whole store sale.
USA Today
February 15, 2019 - 11:00 am
ST. LOUIS, Mo (KMOX) - Shoe discount retailer Payless ShoeSource Inc is planning to close all 2,300 stores after filing for bankruptcy later this month, according to a report by Reuters . A source close to the situation told Reuters that the stores will be running going-out-of-business sales soon...
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FILE- In this Sept. 13, 2018, file photo Jeff Bezos, Amazon founder and CEO, speaks at The Economic Club of Washington's Milestone Celebration in Washington. Jeff Bezos, the world’s richest man and CEO of Amazon, is publicly accusing The National Enquirer in a blog post of trying to blackmail him by threatening to release more intimate photos of him unless he calls off an investigation into how that information was obtained in the first place. (AP Photo/Cliff Owen, File)
February 08, 2019 - 6:17 pm
NEW YORK (AP) — First it was a heart-wrenching tweet that he and his wife were getting a divorce after 25 years. Then a tabloid revealed that he'd been having an affair, releasing texts and photos of him and his mistress. As if either of those weren't distracting enough, now Jeff Bezos — the world'...
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FILE- This Oct. 5, 2012, file photo, shows a Kia optima's steering wheel inside of a Kia car dealership in Elmhurst, Ill. Kia says it will ignore the partial U.S. government shutdown and recall more than 68,000 vehicles to fix a fuel pipe problem that can cause engine fires. The problem stems from previous recall repairs due to engine failures. Kia is only doing the fix on 68,000 of its 618,000 vehicles. The fuel injector pipe recall covers some 2011 through 2014 Optima cars, 2012 through 2014 Sorrento SUVs, and 2011 through 2013 Sportage SUVs, all with 2-liter and 2.4-liter four-cylinder engines. (AP Photo/Nam Y. Huh, File)
January 16, 2019 - 4:28 pm
DETROIT (AP) — Despite a government shutdown, Hyundai and Kia are moving ahead with a recall of about 168,000 vehicles to fix a fuel pipe problem that can cause engine fires. The problem stems from improper repairs during previous recalls for engine failures. The affiliated Korean automakers have...
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January 06, 2019 - 7:56 pm
The world's largest airborne observatory was supposed to be parked in Seattle this week, so thousands of scientists attending the "Super Bowl of Astronomy" could behold this marvel: a Boeing 747 with a massive telescope protruding from the back used to study the fundamental mysteries of the...
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FILE - In this Dec. 24, 2018, file photo, discount placards stand in the window of a clothing store as last-minute shoppers finish up their Christmas gift lists at the Cherry Creek Mall in Denver. Americans buoyed by a strong economy pushed holiday sales growth to a six-year high. (AP Photo/David Zalubowski, File)
December 26, 2018 - 10:48 am
NEW YORK (AP) — Americans buoyed by a strong economy pushed holiday sales growth to a six-year high. Retail sales rose 5.1 percent between Nov. 1 and Dec. 24 from a year ago, according to Mastercard SpendingPulse, which tracked spending online and in stores across all payment types, including those...
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Sgt. Christian Pastrana, right, prepares toys for a donation to the organization Women in Distress, at the Marine Corps Toys for Tots depot, Wednesday, Dec. 19, 2018, in Hialeah, Fla. The recent closure of Toys R Us created some collateral damage -- the Toys for Tots charity drive. More than 250,000 toys donated by consumers and $5 million, 40 percent of corporate giving, came through Toy R Us last year, holes the annual Marine Corps' community effort is working to fill. At left is Matthew Williams, picking up the donation for Women in Distress. (AP Photo/Lynne Sladky)
December 21, 2018 - 7:05 am
HIALEAH, Fla. (AP) — When Toys R Us closed, Toys for Tots felt the loss. The toy giant's decision to close its stores this year left some huge holes for the annual charity drive to fill. Toys R Us shoppers donated more than 250,000 toys last year and the company gave $5 million in corporate...
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FILE - In this Oct. 4, 2017 file photo, a little-known device called a "bump stock" is attached to a semi-automatic rifle at the Gun Vault store and shooting range in South Jordan, Utah. The Trump administration is moving to officially ban bump stocks, which allow semi-automatic weapons to fire rapidly like automatic firearms. A senior Justice Department official said Tuesday bump stocks will be banned under the federal law that prohibits machine guns. It will take effect in late March. (AP Photo/Rick Bowmer)
December 18, 2018 - 4:07 pm
WASHINGTON (AP) — The Trump administration Tuesday banned bump stocks, the firearm attachments that allow semi-automatic weapons to fire like machine guns and were used during the worst mass shooting in modern U.S. history. The regulation gives gun owners until late March to turn in or destroy the...
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This image taken from video shows an Amazon package containing a GPS tracker on the porch of a Jersey City, N.J. residence after its delivery Tuesday, Dec. 11, 2018. The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own. (AP Photo/Robert Bumsted)
December 12, 2018 - 8:18 am
The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own. Police in Jersey City, across the Hudson River from New York, are...
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In this Friday, Nov. 16, 2018, photo, ornaments, including one with the likeness of Bullseye, the Target mascot, hang from a display at a Target store in Bridgewater, N.J. Shoppers are spending freely heading into the holidays, but heavy investments and incentives like free shipping by retailers are giving Wall Street pause. Target Inc., Kohl's Corp., Best Buy Co. and TJX Cos. all reported strong sales at stores opened at least a year. (AP Photo/Julio Cortez)
November 20, 2018 - 4:36 pm
NEW YORK (AP) — Shoppers are spending freely heading into the holidays, but heavy investments and incentives like free shipping by retailers are giving Wall Street pause. Target Inc., Kohl's Corp., Best Buy Co. and TJX Cos. all reported strong sales at stores opened at least a year. That's a key...
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In this Tuesday, Nov. 13, 2018 photo, an employee plays the FAO Premium Piano Dance Mat during a media preview of the new FAO Schwarz store at Rockefeller Center in New York. Three years after it closed its beloved, fantasy land of a toy store on Fifth Avenue, FAO Schwarz makes its return to New York City. The new version will be smaller, but will have familiar attractions including a musical clock tower and the giant piano keyboard mat on which Tom Hanks danced in the film “Big.” (AP Photo/Mary Altaffer)
November 16, 2018 - 4:58 pm
NEW YORK (AP) — Three years after it closed its beloved toy store on Fifth Avenue, FAO Schwarz has returned to New York. A new FAO opened Friday in Manhattan's Rockefeller Center, about 10 blocks from its former home near Central Park. For more than 150 years, FAO Schwarz was known in New York City...
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