Amazon’s threat of buying sports rights should freak out traditional media companies

Amazon’s threat of buying sports rights should freak out traditional media companies

David Paul Morris | Bloomberg | Getty Images Robert Iger, chief executive officer of the Walt Disney Co., arrives for a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Thursday, July 12, 2018.  Amazon CEO Jeff Bezos may have given Disney CEO Bob Iger an early […]

Is Black Friday Shopping Still Worth It? We Asked the Experts

Is Black Friday Shopping Still Worth It? We Asked the Experts

Welcome! To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. You always have […]

Lowe’s plans to cut more costs despite better-than-expected earnings

Lowe’s plans to cut more costs despite better-than-expected earnings

Mooresville-based Lowe’s reported better-than-expected earnings and sales for the third quarter on Tuesday. But the company said it will exit its Mexico business as part of its ongoing effort to improve profitability. Tuesday’s announcement marks the latest cost-cutting initiative Marvin Ellison has taken since taking over as CEO of Lowe’s in July. Ellison, formerly CEO […]

Dow drops more than 450 points, erases 2018 gains as Target drags down retail

Dow drops more than 450 points, erases 2018 gains as Target drags down retail

“This looks like lingering worries about what triggered the October decline. That’s worries about an economic slowdown,” said Craig Callahan, president at Icon Funds. “I think these people are wrong, but they’re in control at this time.” Stocks fell sharply last month amid heightened concerns about rising interest rates, slowing economic growth and global trade […]

Bezos Coughs Up $97.5 Million for Charity

Bezos Coughs Up $97.5 Million for Charity

Photo: Cliff Owen (AP) Jeff Bezos, the richest man in modern history, finally announced the first recipients of his charitable Day One Fund. The initial round of grants total $97.5 million, representing about 1/20th of his proposed investment in the fund, and about 0.0006 percent of his net worth. The Day One Fund, named after […]

Why a salmonella outbreak shouldn’t ruin your Thanksgiving

Why a salmonella outbreak shouldn’t ruin your Thanksgiving

NEW YORK — There’s no reason to skip Thanksgiving dinner because of a salmonella outbreak linked to raw turkey. That’s according to health officials who’ve been monitoring the year-old outbreak. But they say it’s a reminder to properly prepare your holiday bird. Cooking kills salmonella. The ongoing outbreak and recall last week of ground turkey […]

Target sales up 5 percent in 3rd quarter, but earnings miss forecast

Target sales up 5 percent in 3rd quarter, but earnings miss forecast

Target Corp. offered reported strong sales growth in the third quarter both in stores and online, and said it saw gains in all of its major sales categories. But earnings per share were lower than forecast, as the Minneapolis-based company has invested in its stores and back-room operations to enable it to improve shipping times, […]