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Best Buy ups sales outlook heading into holiday shopping season

Best Buy raised its profit and sales expectations ahead of the holiday shopping ramp-up on Black Friday after a strong third quarter. Comparable-store sales at the nation's largest consumer electronics chain rose 2.7%, fueled by computing, gaming and mobile phones. It was the biggest gain ...
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The most climate-friendly groceries might not be in the supermarket

The pollution from food is sneaky. Because the apple sitting on your kitchen counter isn't really causing any harm. But chances are good that you didn't pick it from a tree in your backyard. It required land and water to grow, machines to harvest and ...
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Abercrombie & Fitch raises annual profit forecast amid strong demand

(Reuters) -Abercrombie & Fitch raised annual profit forecast on Tuesday, betting on strong demand for its Hollister dresses, jeans and jackets, as shoppers snap up in-trend apparel at deeper discounts during early holiday promotions. Shares of the company jumped 16% in premarket trading, after it ...
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Kohl’s raises annual forecasts again as turnaround takes root; shares jump

(Reuters) -Kohl's on Tuesday forecast a smaller drop in sales and bigger profit for the full year, as the U.S. department-store operator banks on new collections and promotions to drive demand during the holiday season, sending its shares surging 28%. The second annual forecasts raise ...
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Morning Bid: Consumer readout tests Fed hopes

By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets As a year-end Federal Reserve interest rate cut comes back into play, the trickle of backlogged U.S. economic data turns into a torrent on Tuesday as markets get a ...
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US set to narrow its rare earth gap, others not so much

By Alessandro Parodi and Lewis Jackson PARIS/BEIJING (Reuters) -A multi-billion dollar pipeline of rare earth projects around the world is set to partly wean the U.S. off Chinese rare earths, but falls far short of breaking Beijing's grip over the sector for most other countries. ...
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Best Buy raises annual sales forecast

(Reuters) -Electronics retailer Best Buy raised its annual revenue forecast on Tuesday, banking on strong holiday demand as shoppers seize steep discounts to upgrade their laptops, smartphones and other household electronics. The company now expects comparable sales for fiscal year 2026 to rise in the ...
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US futures ease with investors’ focus on data, Alphabet shines

(Reuters) -U.S. stock index futures edged lower on Tuesday, cooling from a tech-fueled rally on Wall Street in the previous session, as investors awaited economic data and earnings that could offer insight into the resilience of the American consumer. Bucking broader declines, Alphabet gained 3.1% ...
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Netflix sends off ‘Stranger Things’ with bike rides and product blitz

By Lisa Richwine LOS ANGELES (Reuters) -Netflix's hit sci-fi series "Stranger Things" is about to ride to its conclusion with a marketing and merchandising blitz befitting a blockbuster movie. Ahead of the fifth and final season's debut on Wednesday, thousands turned out in Los Angeles at ...
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UK’s easyJet beats annual profit expectations, lifts target for holidays business

By Joanna Plucinska and Yamini Kalia LONDON (Reuters) -British carrier easyJet reported better-than-expected full-year operating profit on Tuesday and lifted its medium-term target for its holidays business after meeting the previous goal early. Analysts deemed the quarter "reassuringly surprise-free", but shares were down 1.8% by 0851 ...
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South Korea ruling party to propose bill for US investment under tariff deal, report says

SEOUL (Reuters) -South Korea's ruling Democratic Party will propose a bill this week that would facilitate the country's investment in the U.S. under a deal that cuts tariffs on the country's exports, financial news service Money Today reported on Tuesday. The Democratic Party agreed with ...
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UK’s Domino’s Pizza CEO steps down as strategy shift takes shape

(Reuters) -Britain's Domino's Pizza said on Tuesday that CEO Andrew Rennie has stepped down, marking another senior departure as the company shifts strategy to tackle weak sales and rising costs. The chain, which operates under the umbrella of U.S.-based Domino's Pizza in the UK and ...
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