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Toymaker Hasbro shares drop more than 15% as tariffs boost costs and earnings fall short

Hasbro fell short of Wall Street estimates for third-quarter revenue on Tuesday, hit by increased shipping and warehousing costs due to looming tariffs and weak demand for its toys such as Nerf guns, My Little Pony and Play-Doh.

Procter & Gamble earnings and sales top estimates, sending shares higher

P&G once again posts strong earnings results. Its strongest growth came from its beauty and health businesses and fabric and home-care brands.

UPS shares fall, despite earnings beat, as COO retirement throws wrench in succession plans

United Parcel Service’s strong earnings report Tuesday was overshadowed by news of the retirement of Chief Operating Officer Jim Barber, who was long viewed as the company’s next CEO.

Kevin Plank started Under Armour in his grandmother’s basement. 23 years later, he hands over the reins

Kevin Plank built Under Armour from scratch from his grandmother’s basement in Washington, D.C. Its first full year in business, in 1996, Under Armour did $17,000 in sales. Last year, it did $5.2 billion.

P&G is in a ‘much better place’ to withstand the next recession, CFO Jon Moeller says

“We don’t see consumers stopping laundry or shampooing or conditioning or feminine protection during a recession,” said Procter & Gamble’s CFO.

UAW member killed by vehicle while picketing against GM in Tennessee

A United Auto Workers member was struck and killed while picketing Tuesday morning outside of a General Motors assembly plant in Tennessee, according to local law enforcement.

Dallas Mavericks owner Mark Cuban says China hasn’t changed anything at the NBA

Mark Cuban, billionaire owner of the Dallas Mavericks, says pressure from China to silence NBA players and managers hasn’t changed anything at the league

Here are the world’s 10 best places to vacation on a budget

Travel publisher Lonely Planet ranked the world’s top 10 destinations for value in 2020. The cities and countries that budget travelers should consider include tropical locales in Indonesia and India and the Rust Belt city of Buffalo, New York.

More than 17 years in the making, American Dream megamall’s story was shaped by retail’s upheaval

What makes American Dream’s opening so highly anticipated is its labyrinthine history. It’s been in the works for years, and it won’t open all at once.