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Dick's Sporting Goods profit slipped in its second quarter and missed Wall Street's expectations as the retailer cut its full-year profit outlook, citing worries over theft at its stores. Shares declined more than 24% in morning trading Tuesday. For the…

NEW YORK — Macy’s heavily discounted spring goods to make room for fresh fall and holiday merchandise amid customers' cautious spending, but adjusted profits and sales for the second quarter still beat Wall Street expectations. Macy's, which also operates upscale…

BANGKOK — A Thai Cabinet minister is threatening to try to shut down Facebook in the country, saying the social media platform does not do enough to screen the advertisements it runs, leaving people vulnerable to costly scams. Chaiwut Thanakamanusorn,…

U.S. Secretary of Commerce Gina Raimondo will meet with Chinese officials and American business leaders next week amid efforts to stabilize relations that have sunk to historic lows. Raimondo’s Aug. 27-30 visit to Beijing and Shanghai aims for “constructive discussions…

TEHRAN, Iran — Iran's Defense Ministry unveiled a drone on Tuesday resembling America's armed MQ-9 Reaper, claiming that the aircraft is capable of staying airborne for 24 hours and has the range to reach the country's archenemy Israel. Iran's state-run…