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Money & Markets

Ford’s big bet: Fans of F-150 pickup will embrace electric

PITTSFIELD TOWNSHIP, Mich. — On the outside, the electric version of Ford’s F-150 pickup looks much like its wildly popular gas-powered version. Yet the resemblance is deceiving. With its new battery-powered truck, Ford is making a costly bet that buyers will embrace a vehicle that would ...

Retailer results so far show people are going out, spending

NEW YORK — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy’s says that special occasion dressing like prom dresses are on the upswing as well as luggage, men’s tailored clothing, and dressy sandals. Shoppers, newly vaccinated, ...

Oprah and CNN: AT&T is merging media business with Discovery

NEW YORK — The merger of Discovery and AT&T’s WarnerMedia operations, marrying the likes of HBO and CNN with HGTV and Oprah Winfrey, is another illustration of the head-spinning speed in which streaming has transformed the media world. The companies are essentially placing a $43 ...

Passing on your password? Streaming services are past it

NEW YORK — Many of us were taught to share as kids. Now streaming services ranging from Netflix to Amazon to Disney+ want us to stop. That’s the new edict from the giants of streaming media, who are hoping to discourage the common practice of sharing account passwords without alienating ...

Desperate for workers, US restaurants and stores raise pay

WASHINGTON — U.S. restaurants and stores are rapidly raising pay in an urgent effort to attract more applicants and keep up with a flood of customers as the pandemic eases. McDonald’s, Sheetz and Chipotle are just some of the latest companies to follow Amazon, Walmart and Costco in ...

Colonial Pipeline restarts days after major hack

CLEMMONS, N.C. — The nation’s largest fuel pipeline restarted operations Wednesday, days after it was forced to shut down by a gang of hackers. The disruption of Colonial Pipeline caused long lines at gas stations in the Southeast due to distribution problems and panic-buying, draining ...