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    FILE - In this Feb. 9, 2018 photo Levi's jeans hang on a wall at Levi's innovation lab in San Francisco. Well-known jeans company Levi Strauss says it plans to raise up to $587 million through an initial public offering. The San Francisco-based company said Monday, March 11, 2019, that it’s offering approximately 9.5 million shares, while selling stockholders are offering about 27.2 million shares. (AP Photo/Jeff Chiu, File)
    March 11, 2019 - 7:54 am

    Levi Strauss plans to raise up to $587M in IPO

    SAN FRANCISCO (AP) — Levi Strauss plans to raise up to $587 million in an initial public offering of company shares. The San Francisco company said Monday that it's offering approximately 9.5 million shares, while selling stockholders are offering about 27.2 million shares. The stock is expected to...
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    FILE - In this May 5, 2015, file photo, Lyft co-founder Logan Green speaks at TechCrunch Disrupt NY event, in New York. Ride-hailing giant Lyft is releasing financial details about the company in a federal filing before it begins selling its stock to the public. (AP Photo/Richard Drew, File)
    March 01, 2019 - 7:13 pm

    Lyft reveals big growth but no profits as it readies for IPO

    NEW YORK (AP) — Lyft is growing quickly ahead of its initial public offering but continues to bleed money and may struggle to turn a profit as it tries to catch up to Uber in the booming ride-hailing market, according to a federal filing. The company released its financial details for the first...
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    FILE- In this Feb. 15, 2019, file photo traders Patrick Casey, left, and Sal Suarino work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 27. (AP Photo/Richard Drew, File)
    February 27, 2019 - 3:29 pm

    US stocks waver on US-China trade worries

    Stock indexes were little changed in afternoon trading Wednesday after wavering for much of the day between small gains and losses. Health care, communications and technology companies took the heaviest losses, while financial, industrial and energy stocks notched gains. The market had veered lower...
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    FILE- In this Feb. 23, 2018, file photo sales associate Larry Wardford, of Holliston, Mass., places items on selves at a Lowe's retail home improvement and appliance store, in Framingham, Mass. Lowe's Companies, Inc. reports financial results Wednesday, Feb. 27, 2019. (AP Photo/Steven Senne)
    February 27, 2019 - 6:33 am

    Lowe's swings to 4Q loss on charges, anemic housing market

    MOORESVILLE, N.C. (AP) — Lowe's swung to a loss in its fourth quarter, weighed down sizeable one-time charges and a lethargic housing market. The home improvement company lost $824 million, or $1.03 per share. That includes $1.6 billion in charges, most from a $952 million goodwill impairment...
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    FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago. Stock market regulators are asking a federal court to hold Musk in contempt for violating an agreement requiring him to have his tweets about key company information reviewed for potentially misleading claims. The request made Monday, Feb. 25, 2019 in New York resurrects a dispute between the Securities and Exchange Commission and Musk that was supposed to have been resolved with a settlement reached five months ago. (AP Photo/Kiichiro Sato, File)
    February 26, 2019 - 12:50 pm

    Elon Musk ordered to tell judge why he's not in contempt

    DETROIT (AP) — Tesla CEO Elon Musk has until March 11 to explain to a federal judge in New York why he shouldn't be held in contempt of court. U.S. District Judge Alison Nathan issued an order Tuesday after federal securities regulators asked the court to hold Musk in contempt for violating the...
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    February 25, 2019 - 8:12 pm

    SEC wants Tesla CEO Elon Musk held in contempt for tweeting

    SAN FRANCISCO (AP) — Tesla CEO Elon Musk's tweeting habits have triggered another legal challenge from stock market regulators worried about him using his Twitter account to mislead investors. The latest dust-up emerged late Monday when the Securities and Exchange Commission asked a federal court...
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    February 25, 2019 - 8:29 am

    GE sells biopharma unit for $21 billion

    BOSTON (AP) — General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as it continues to sell off chunks of a once sprawling conglomerate. The biopharma unit, part of GE Life Sciences, generated revenue of about $3 billion last year. Danaher said after tax benefits,...
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    February 22, 2019 - 9:35 am

    At Kraft Heinz, a fed investigation and a $15.4B write-down

    PITTSBURGH (AP) — Kraft Heinz disclosed an investigation by federal regulators and will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion. Shares plunged 26 percent at the opening bell Friday, the company's biggest single-day decline, after posting a stunning $12.6 billion loss...
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    FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health topped fourth-quarter earnings forecasts, but the nation’s second-largest drugstore chain also debuted a 2019 outlook that fell far short of Wall Street expectations. The company said Wednesday, Feb. 20, 2019, that it expects adjusted earnings to range between $6.68 and $6.88 this year. FactSet says analysts expect earnings of $7.35 per share. (AP Photo/Rogelio V. Solis, File)
    February 20, 2019 - 9:15 am

    Trouble at CVS Health long-term care business weighs heavily

    CVS Health beat fourth-quarter earnings forecasts, but a struggling long-term care business took another huge bite out of the company's performance and its initial 2019 forecast was weaker than expected. Shares tumbled nearly 9 percent before the opening bell Wednesday. CEO Larry Merlo said in a...
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    FILE - In this Monday, Jan. 12, 2015, file photo, a man takes pictures of Caesars Palace hotel and casino, in Las Vegas. Billionaire investor Carl Icahn plans to drive casino giant Caesars Entertainment to sell itself. The activist investor disclosed in a securities filing Tuesday, Feb. 19, 2019, that he owns a roughly 10 percent stake in the company, confirming previous reports. (AP Photo/John Locher, File)
    February 19, 2019 - 8:22 pm

    Billionaire Icahn wants Caesars Entertainment to sell itself

    LAS VEGAS (AP) — Billionaire investor Carl Icahn on Tuesday disclosed he has taken a 10 percent stake in Caesars Entertainment and is pushing the casino giant to sell itself. The activist investor said in a filing with the Securities and Exchange Commission that he wants representation on Caesars'...
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