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5 reasons Amazon is experimenting with physical stores

NEW YORK (AP) — Is the online giant of retail also looking to conquer physical stores? Amazon has been dabbling in physical retail since 2015, during which time it’s opened a half-dozen bookstores that double as gadget emporia, a score of campus bookstores that don’t sell books and a convenience …

China car dilemma: Beijing wants electric, buyers want SUVs

BEIJING (AP) — Automakers face a dilemma in China’s huge but crowded market: Regulators are pushing them to sell electric cars, but buyers want gas-guzzling SUVs. The industry is rattled by Beijing’s proposal to require that electric cars make up 8 percent of every brand’s production as early as next …

Venezuela officials say at least 12 people killed overnight

CARACAS, Venezuela (AP) — At least 12 people were killed overnight during looting and violence in Venezuela’s capital amid a spiraling political crisis, authorities said Friday. Most of the deaths took place in El Valle, a working class neighborhood near Caracas’ biggest military base where opposition leaders say a group …

GM quits Venezuela after govt seizes factory

VALENCIA, Venezuela (AP) — General Motors announced Thursday that it was shuttering operations in Venezuela after authorities seized its only factory, a dramatic escalation of the chaos engulfing the South American nation amid days of deadly protests. The plant in the central city of Valencia was confiscated on Wednesday as …

What do Panera and Krispy Kreme have in common?

ST. LOUIS (AP) — Panera is being acquired by Europe’s JAB Holding Co. for more than $7 billion, the second largest restaurant deal made in North America in at least decades. Americans are likely more familiar with JAB than they know. The Luxembourg investment fund has controlling interests in Peet’s …

China’s trading partners alarmed by food import controls

BEIJING (AP) — China’s trading partners are bringing the top U.N. food standards official to Beijing in a last-ditch attempt to persuade regulators to scale back plans to require intensive inspections of food imports — including such low-risk items as wine and chocolate — that Washington and Europe say could …