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  • In this Thursday, June 1, 2017, photo, customers shop at a Walmart store in Hialeah Gardens, Fla. Hundreds of inventors are auditioning their wares for Walmart, hopeful the world's largest retailer will consider their products the next big thing and stock them on shelves in nearly 4,700 brick-and-mortar stores. They've already been promised spots on the company's online portals as it battles Amazon for billions of dollars in revenue. (AP Photo/Alan Diaz)

    Walmart seeks new products amid online battle with Amazon

    LITTLE ROCK, Ark. (AP) — Hundreds of inventors have flocked to Walmart’s headquarters in Bentonville to find out if the country needs a few more secret sauces, prettier mouse pads or “instant hair gel” packets for the on-the-go clubber. The 500 businesses selected to take part in Walmart’s fourth annual “Open Call” Wednesday have already […]
  • Ex-pharmaceutical CEO accused at trial of cheating investors

    NEW YORK (AP) — A federal prosecutor has told jurors in opening statements at the securities fraud trial of a former pharmaceutical company CEO that he built a bogus hedge fund empire on “lies upon lies.” Assistant U.S. Attorney Karthik Srinivasan accused Martin Shkreli (SHKREL’-ee) on Wednesday of losing investors’ money through bad trades, then […]
  • Charity website sued over hate group labels on nonprofits

    NEWPORT NEWS, Va. (AP) — A Florida-based legal advocacy organization is suing over a “hate group” label that it and other nonprofits received on a website that maintains a database of information about U.S. charities. Liberty Counsel Inc. filed a federal lawsuit Wednesday against GuideStar USA Inc. in Newport News, Virginia. GuideStar flagged 46 nonprofits, […]
  • FILE - This Tuesday, March 1, 2016, file photo, shows a Staples store sign in New York. On Wednesday, June 28, 2017, private equity firm Sycamore announced it is buying office supplies chain Staples for $6.9 billion. (AP Photo/Mark Lennihan, File)

    Office supplies chain Staples sold for $6.9 billion

    NEW YORK (AP) — Private equity firm Sycamore Partners is buying office supplies chain Staples for $6.9 billion. The companies said Wednesday that shareholders of Framingham, Massachusetts-based Staples will get $10.25 per share. Staples’ stock closed Wednesday up 77 cents, or 8.4 percent, to $9.93, fueled by a late-afternoon report of a deal. The stock […]
  • Spectranetics and General Mills climb; Paychex slides

    NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: General Mills Inc., up 90 cents to $56.42 The maker of cereals and packaged foods had a better fourth quarter than investors expected. Spectranetics Corp., up $7.95 to $38.35 The medical device company agreed to be bought by Dutch conglomerate Phillips for […]
  • New Jersey Gov. Chris Christie, center, waits to speak during a news conference in Trenton, N.J., Tuesday, June 27, 2017. The Supreme Court agreed Tuesday to take up New Jersey's bid to allow sports betting at its casinos and racetracks, a case that could lead other states to seek a share of the lucrative market. Christie and supporters in the state Legislature have tried for years to legalize sports gambling. (AP Photo/Seth Wenig)

    Column: Time is ripe to bring sports betting into the open

    LAS VEGAS (AP) — Jimmy Vaccaro has been taking bets in this gambling town for more than 40 years, so there’s not much he won’t put a price on. That includes the chances of the U.S. Supreme Court opening the door to legalization of sports betting across the country — something Vaccaro couldn’t have imagined […]
  • Travelers walk near a sign for international arrivals at the Seattle-Tacoma International Airport, Monday, June 26, 2017, in Seattle. The U.S. Supreme Court said Monday that President Donald Trump's travel ban on visitors from Iran, Libya, Somalia, Sudan, Syria and Yemen can be enforced if those visitors lack a "credible claim of a bona fide relationship with a person or entity in the United States," and that justices will hear full arguments in October 2017. (AP Photo/Ted S. Warren)

    Questions and answers about officers who enforce travel ban

    SAN DIEGO (AP) — U.S. Customs and Border Protection officers will be key players in putting President Donald Trump’s revised travel ban into effect on Thursday, affecting visitors from six mostly Muslim countries. They are the officers dressed in blue who are stationed at airports and border crossings and screen people coming into the U.S. […]
  • How major US stock market indexes fared on Wednesday

    U.S. stocks closed higher Wednesday as the market bounced back from losses a day earlier and notched its best day in two months. Banks and other financial companies led the gainers as investors bet that global interest rates will rise further. Technology stocks also were among the big gainers. Utilities and real estate companies lagged […]
  • Oops: Court says man won’t get mistaken $2.7M severance

    PONTIAC, Mich. (AP) — Well, it was a nice try. The Michigan appeals court says in a ruling released Wednesday that a man who was mistakenly told that he would receive a $2.7 million severance can’t collect the windfall. Francois El-Hayek was laid off from Trico Products in suburban Detroit in 2014. He was told […]
  • Ex-financial adviser gets 4 years for defrauding Tim Duncan

    SAN ANTONIO (AP) — An ex-financial adviser to retired San Antonio Spurs player Tim Duncan has been sentenced to four years in federal prison for defrauding the former NBA star of millions of dollars. Federal prosecutors say 49-year-old Charles Banks of Atlanta was sentenced during a court hearing Wednesday in San Antonio. A judge also […]