Alina Selyukh
Stories
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Business
Forever 21 Files For Bankruptcy, May Close Up To 178 U.S. Stores
Forever 21 may close 178 U.S. stores during bankruptcy proceedings. Started by a Korean immigrant couple in 1984, the retailer went all in on fast fashion, malls and big, expensive physical stores.
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Environment
Amazon Makes 'Climate Pledge' As Workers Plan Walkout
Amazon's plans include being carbon-neutral by 2040 and buying 100,000 electric delivery vans. It faced outcry from workers, hundreds of whom planned to join the Global Climate Strike on Friday.
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Politics
Walmart Curbs Ammunition Sales, Calls For Stronger Background Checks
Walmart will phase out handgun and short-barrel rifle ammunition. It's also restricting "open carry" in stores. A month ago, two shootings happened at two Walmarts in one week.
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Business
Lord & Taylor Sold To Online Clothing Rental Startup For $100 Million
Lord & Taylor, considered to be the oldest U.S. department store, is being sold to an online clothing-rental startup called Le Tote for $100 million.
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Business
Used Clothing Offers Fresh Hope For 2 Struggling Department Stores
In their latest gasp for fresh ideas, Macy's and J.C. Penney made the same choice: A tie-up with ThredUp, the largest online store for second-hand clothes –- one of retail's fastest-growing segments.
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Politics
Trump's New Tariff Target List: Flags In, Bibles Out, Frog Meat Delayed
The Trump administration tweaked its list of Chinese imports subject to a 10% tariff this fall. We found some surprises buried in the thousands of tariff line items.
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Business
FedEx Is Breaking Up With Amazon, Ending Ground-Shipping Contract
Federal Express is increasingly seeing Amazon as a competitor in the shipping business. FedEx announced Wednesday that it is ending its ground-shipping contract with Amazon.
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National
Gun Control Advocates Call For Big Box Stores To Stop Selling Guns And Ammunition
Recent mass shootings have renewed pressure on retailers that sell guns, including Walmart. Gun control advocates are once again calling for big box stores to stop selling guns and ammunition.
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National
Pentagon Pauses $10 Billion Cloud Contract After Months Of Controversy
New Defense Secretary Mark Esper will review the cloud computing contract, for which Amazon and Microsoft are finalists. President Trump has cited critics' accusations of favoritism toward Amazon.
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National
DOJ Starts Review Of Whether Major Tech Companies Are Too Powerful
The Justice Department says it is launching a wide-ranging antitrust review, without naming the companies. But there have been increasing calls to regulate companies like Google, Facebook and Amazon.