Consumer product manufacturing

FILE - This Jan. 31, 2019, file photo, shows the logo of Samsung Electronics Co. at its shop in Seoul, South Korea. Samsung said in an emailed statement Friday, Oct. 4, 2019, that it "has arrived at the difficult decision to cease operations of Samsung Electronics Huizhou" in China in late September. (AP Photo/Lee Jin-man, File)
October 04, 2019 - 1:30 am

Samsung ends smartphone phone production in China

SEOUL, South Korea (AP) — Samsung Electronics said Friday it has ended the production of smartphones in its last factory in China. Production at the factory in southern China’s Huizhou ended last month, the company said in an email Friday. It said it made “the difficult decision to cease operations...
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October 03, 2019 - 5:48 pm

HP Inc.’s new CEO unveils plan to cut up to 9,000 jobs

SAN FRANCISCO (AP) — HP Inc.’s new CEO has unveiled the company’s latest plan to streamline its operations — one that envisions cutting its workforce by as much as 16% over the next three years. The personal computer and printer maker says it expects to drop 7,000 to 9,000 people from its global...
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October 03, 2019 - 5:45 pm

Schnucks grocery chain to end tobacco sales as of Jan. 1

ST. LOUIS (AP) — Schnuck Markets Inc., one of the Midwest’s largest grocery store chains, will stop selling cigarettes, chewing tobacco and other tobacco products as of Jan. 1. Suburban St. Louis-based Schnucks announced the move Thursday. Schnucks is the largest grocer in the St. Louis area and...
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Wine bottle are seen in a wine shop in Paris, Thursday, Oct. 3, 2019. The European Union will retaliate against the U.S. decision to slap tariffs on a range of the bloc's exports - from cheese to wine - that are expected to cause job losses, governments and industry groups said Thursday. (AP Photo/Kamil Zihnioglu)
October 03, 2019 - 10:06 am

US-Europe dispute threatens main artery of world trade

BRUSSELS (AP) — The trade wars threatening to push the global economy into recession are entering a new phase, with the United States and European Union escalating a dispute that endangers the world’s biggest trade relationship. After the Trump administration slapped steep tariffs on $7.5 billion...
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FILE - In this June 17, 2019, file photo, a cashier displays a packet of tobacco-flavored Juul pods at a store in San Francisco. Juul Labs said Monday, Sept. 30, 2019, that it will stop supporting a ballot measure to overturn an anti-vaping law in San Francisco, effectively killing the campaign. (AP Photo/Samantha Maldonado, File)
October 01, 2019 - 1:06 pm

San Francisco campaign to stop e-cigarette measure pushes on

SAN FRANCISCO (AP) — A campaign to defeat an industry-backed e-cigarette measure on San Francisco's ballot will push on despite the announcement by Juul Labs Inc. that it will stop financially supporting the proposal to overturn a city ban on e-cigarettes and vape product sales. The San Francisco...
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In this Monday, Sept. 30, 2019, photo a row of Chevrolet Suburban vehicles are shown at Wally Edgar Chevrolet in Orion Township, Mich. The 16-day strike has cost GM just over $1 billion, JP Morgan analyst Ryan Brinkman estimated Tuesday in a note to investors. (AP Photo/Paul Sancya)
October 01, 2019 - 10:36 am

Analyst says strike cost GM $1B; Mexican pickup plant closes

DETROIT (AP) — The 16-day strike by auto workers has cost General Motors about $1 billion, an analyst says, while a parts shortage forced the company to close pickup truck and transmission plants in Mexico. Spokesman Dan Flores confirmed that production at the factories in Silao, Mexico, ended...
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FILE - In this Sept. 18, 2019, file photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 1. (AP Photo/Mark Lennihan, File)
October 01, 2019 - 7:03 am

Stocks move higher as investors regain appetite for risk

NEW YORK (AP) — U.S. stocks moved higher as investors continued shifting money into technology stocks and extended gains into the first day of the new quarter. Apple and Microsoft led the tech sector higher. Chipmakers, including Intel and Nvidia, also made broad gains. Tech stocks have been on the...
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A box of Maximum Strength Zantac tablets is shown at a pharmacy, Monday, Sept. 30, 2019, in Miami Beach, Fla. CVS has halted sales of the popular heartburn treatment and the store generic version after warnings by U.S. health regulators. (AP Photo/Wilfredo Lee)
September 30, 2019 - 1:14 pm

CVS stops sale of heartburn drugs with suspect contaminant

CVS has halted sales of popular heartburn treatment Zantac and its generic store brand after warnings by U.S. health regulators. It's the latest precautionary move by retailers and manufacturers after the U.S. Food and Drug Administration recently warned consumers about a potentially dangerous...
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FILE - In this Sept. 18, 2019, photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 30. (AP Photo/Mark Lennihan, File)
September 30, 2019 - 7:23 am

Stocks move higher as investors head to 3Q finish line

NEW YORK (AP) — Stocks moved broadly higher in early trading Monday as investors moved closer to wrapping up a highly volatile quarter in which the market was buffeted by swings in the U.S.-China trade war. Technology stocks led the early gains. Apple rose 1.3%. Product and chipmakers have been...
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FILE - In this Wednesday, Aug. 1, 2018 file photo, the logo of Volkswagen is seen on top of a company building in Wolfsburg, Germany. German prosecutors say they have charged Volkswagen chief executive Herbert Diess and chairman Hans Dieter Poetsch, along with former CEO Martin Winterkorn, with market manipulation in connection with the diesel emissions scandal that erupted in 2015. (AP Photo/Michael Sohn, file)
September 30, 2019 - 3:17 am

German court opens hearings on consumer suit against VW

BERLIN (AP) — A German court has opened proceedings in a landmark case in which some 470,000 consumers aim to establish a right to compensation from automaker Volkswagen for cars affected by the company's diesel emissions scandal. The case, brought by the Federation of German Consumer Organizations...
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