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Business News

Stocks rise for a 5th straight day to close volatile month

Wall Street rose for a fifth straight day to put the wraps on a volatile month. The S&P 500 rose 0.5% in abbreviated trading Friday and closed out November with a slim gain of 0.1%. The Dow Jones Industrial Average rose 289 points, or 0.6%. The Nasdaq gained 0.7% but ended November with a ...

US retail sales rose slightly in September

WASHINGTON (AP) — Sales at U.S. retailers and restaurants increased modestly in September as resilient consumers moderated their spending after splurging over the summer. Sales rose 0.2% in September from the previous month, the Commerce Department said Tuesday, in a report delayed more ...

Kohl’s promotes interim CEO

Kohl’s has named its fourth CEO in as many years, attempting to staunch an extended sales slide. The company named Michael Bender as its permanent CEO Monday, nearly seven months after he took over on an interim basis. Bender replaced Ashley Buchanan who was fired in May after an internal ...

Another rally for Alphabet leads the US stock market higher

NEW YORK (AP) — The U.S. stock market rallied on Monday, at the start of a week with shortened trading because of the Thanksgiving holiday. The S&P 500 climbed 1.5% for one of its best days since the summer and added to its jump from Friday, finding some strength following a shaky few ...

Lake to River introduces new CEO

YOUNGSTOWN — Lake to River Economic Development officials said economic development isn’t limited to buildings and incentives while introducing its first permanent CEO on Friday. Dani Robbins spoke to the news media during an agency briefing at its downtown Youngstown office. She will ...

Kimberly-Clark makes dividend announcement

The board of directors of Kimberly-Clark Corp. declared on Thursday a regular quarterly dividend of $1.26 per share. The dividend is payable in cash on Jan. 5 to stockholders of record at the close of business on Dec. 5. In a news release, Kimberly-Clark said it has paid a dividend for 91 ...