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Stock market today: Wall Street edges higher as financial markets steady themselves

NEW YORK (AP) — U.S. stocks edged higher in a quiet Wednesday, and Treasury yields rose following an encouraging update on the job market’s strength. The S&P 500 finished virtually unchanged, a day after sliding from its record on worries about a possible widening of the fighting in the Middle East. The Dow Jones Industrial Average edged up by 39 points, or 0.1%, and the Nasdaq composite added 0.1%. Oil prices rose again as the world waits to see how Israel will respond to Tuesday’s missile attack from Iran, but they pared their gains as the day progressed. After briefly ...

DirecTV buys rival Dish as it fights streaming services

(AP) —DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant. DirecTV said Monday that it will acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange ...

Kmart’s blue light fades to black with the shuttering of its last full-scale U.S. store

NEW YORK (AP) — Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a flashing blue orb affixed to a pole enticing shoppers to a flash sale — is shuttering its last full-scale store in mainland United States. The store, located in swank Bridgehampton, New York, on Long Island, is slated to close Oct. 20, according to Denise Rivera, an employee who answered the phone at the store late Monday. The manager wasn’t available, she said. That will leave only a small Kmart store in Miami. It has a handful of stores ...

Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world

NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points, or 1.3%, to beat its own record set on Monday, and the Nasdaq composite led the market with a 2.5% spurt. The rally was widespread, and the company behind Olive Garden and Ruth’s Chris, Darden Restaurants, led the way in the S&P 500 with a jump of 8.3%. It said ...

Tupperware lifts the lid on its financial problems with bankruptcy filing

NEW YORK (AP) — The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury America sold the colorful products, has filed ...