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    ___ Hollywood’s hacking pains are bigger than movie leaks NEW YORK (AP) — Piracy is a long-running and even routine issue for Hollywood, whether its street vendors hawking bootleg DVDs on street corners or video uploaded to file-sharing sites like Pirate Bay. Now cybercriminals going after Hollywood’s goodies have also put company plans and people’s […]
  • FILE - In this Oct. 11, 2007 file photo, activist investor Carl Icahn speaks at the World Business Forum in New York. President Donald Trump is losing another informal adviser: billionaire investor Carl Icahn, who gave the White House guidance on its deregulation efforts, Friday, Aug. 18, 2017. (AP Photo/Mark Lennihan, File) Money

    Icahn steps down as unofficial Trump adviser

    WASHINGTON (AP) — President Donald Trump has lost another informal adviser from the business world: billionaire investor Carl Icahn, who gave the White House guidance on its deregulation efforts. Icahn said in a letter to Trump released Friday that he is stepping down to prevent “partisan bickering” about his unofficial role that Democrats suggested could […]
  • Money

    How major US stock market indexes fared Friday

    U.S. stocks slumped in the final minutes of trading Friday and ended a rough week with more losses. Bad news from sporting goods retailers weighed on the market. On Friday: The S&P 500 retreated 4.46 points, or 0.2 percent, to 2,425.55. The Dow Jones industrial average declined 76.22 points, or 0.3 percent, to 21,674.51. The […]
  • Money

    Foot Locker and Deere slide while Estee Lauder jumps

    NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Foot Locker Inc., down $13.32 to $34.48 The athletic gear retailer had a weak quarter and plans to close more stores. Hibbett Sports Inc., down 60 cents to $10.90 The sporting goods retailer cut its annual forecasts after a disappointing quarter. Deere […]
  • Money

    US rig count decreases by 3 this week to 946

    HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. decreased by three this week to 946. A year ago, just 491 rigs were active. Houston oilfield services company Baker Hughes said Friday that 763 rigs sought oil and 182 explored for natural gas this week. One was listed […]
  • Lifestyle

    Recalls this week: baby rattles, boots, batteries

    Baby rattles that pose a choking hazard to children are among this week’s recalled consumer products. Others include boots and batteries in refurbished phones. Here’s a more detailed look: BABY RATTLES DETAILS: BRIO soft hammer baby rattle toys. They have a wooden handle with a white plastic teething ring at one end and a red, […]
  • In this Wednesday, June 21, 2017, photo, the Foot Locker logo appears above a trading post on the floor of the New York Stock Exchange. Shares of sporting goods stores plummeted Friday, Aug. 18, 2017, after Foot Locker and smaller rival Hibbett Sports reported a drop in sales. Both companies also offered gloomy outlooks for the rest of the year. (AP Photo/Richard Drew) Money

    A sports rout on Wall Street

    NEW YORK (AP) — Sporting goods retailers can’t shake their losing streak. Shares of stores that mostly sell sneakers and sporting gear plummeted Friday after Foot Locker and smaller rival Hibbett Sports reported a drop in sales in the latest quarter. Both also offered gloomy outlooks for the rest of the year. Sporting goods retailers […]
  • FILE - This Thursday, Sept. 29, 2016, file photo, shows the Illinois Department of Employment Security office in Springfield, Ill. On Friday, Aug. 18, 2017, the Labor Department reports on state unemployment rates for July. (AP Photo/Seth Perlman, File) Money

    11 US states added jobs in July

    WASHINGTON (AP) — Hiring increased in 11 U.S. states in July, while the unemployment rate tumbled to record lows in two states. The Labor Department said Friday that unemployment rates were relatively stable in most states. They fell in 15 states and rose in 23, but many of the changes were statistically insignificant. The jobs […]
  • FILE - This Jan. 4, 2010, file photo shows an historic marker on Wall Street in New York. U.S. stocks continued to skid early Friday, Aug. 18, 2017, as industrial companies fell after a weak report from farm equipment giant Deere. (AP Photo/Mark Lennihan, File) Lifestyle

    A midday rally fades as sporting goods stocks are penalized

    NEW YORK (AP) — U.S. stocks slumped in the final minutes of trading Friday and ended a rough week with more losses. Bad news from sporting goods retailers weighed on the market. A day before, stocks had taken their biggest loss in three months. They opened lower after retailers Foot Locker and Hibbett Sports gave […]
  • Money

    Markets Right Now: Health care, retailers weigh on US stocks

    NEW YORK (AP) — The latest on developments in financial markets (All times local): 4:00 p.m. Stocks closed slightly lower on Wall Street after a midday rally ran out of gas. Health care stocks and retailers fell more than the rest of the market Friday. Foot Locker plunged 28 percent after reporting a weak quarter. […]