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7:19 a.m. Feb. 27, 2021 - By Quentin Fottrell
‘My sisters and I disagree on most things, but never could I have imagined how our relationship would end’ My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the nursing home?My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the nursing home?
6:57 a.m. Feb. 3, 2021 - By Quentin Fottrell
When my parents died, my sisters and I split their estate. I chose a painting that may be worth $50,000. Should I tell them? ‘The process of dividing their estate was done equitably, and without stress or rancor. Until now’‘The process of dividing their estate was done equitably, and without stress or rancor. Until now.’
1:02 a.m. Dec. 24, 2020 - By Hal M. Bundrick
The best Black Friday deals to look for at Lowe’s in 2020 Discounts on tools, appliances, holiday decor and other home productsLowe’s is discounting many of the products DIYers crave: tools, smart home products and flooring.
1:01 a.m. Nov. 23, 2020 - By Courtney Jespersen
What to buy and what to skip this Black Friday Your guide to getting bargains Nov. 27Though Black Friday still exists in 2020, it won’t be the same experience. Here’s a guide to getting the best bargains Nov. 27.
7:05 a.m. Nov. 19, 2020 - By Hal M. Bundrick
Lowe’s Black Friday: Store hours and the best deals for 2020 How to save money at the home improvement store this yearLowe’s is discounting many of the products DIYers crave: tools, smart home products and flooring.
1:28 p.m. Oct. 24, 2020 - By Quentin Fottrell
My mother-in-law is narcissistic. My father-in-law is selfish. My brother-in-law is amoral. How do we protect our inheritance? ‘My mother-in-law has dementia and relies on her husband as a caretaker. We cannot rely on her help in this matter at all’‘My mother-in-law has dementia and relies on her husband as a caretaker. We cannot rely on her help in this matter at all.’
2:32 a.m. Sept. 8, 2020 - By Jacob Passy
Fleeing the city for the suburbs? Consider these 5 ways the move could affect your finances Online searches for home listings with suburban ZIP codes grew 13% this spring compared to the same point in 2019Online searches for home listings with suburban ZIP codes grew 13% this spring compared to the same point in 2019.
1:02 a.m. Sept. 8, 2020 - By Lauren Schwahn
How to adjust your school supplies budget for the online classroom If things keep changing, here’s what to expect, and what you can hold off buying, for nowHere’s how to tailor your spending for distance learning amid the uncertainty.
12:48 p.m. Aug. 18, 2020 - By Claudia Assis
La-Z-Boy reports surprise fiscal Q1 profit on 'strong' demandShares of La-Z-Boy Inc. fell about 1% in the extended session Tuesday after the furniture maker reported a surprise fiscal first-quarter profit and said it has seen "strong demand" for its recliners and other pieces. The company said it earned $4.8 million, or 10 cents a share, in the quarter, compared with 38 cents a share a year ago. Adjusted for one-time items, La-Z-Boy earned 18 cents a share, compared with 42 cents a share a year ago. Sales fell 31% to $285.5 million due to the impact of COVID-19, the company said. Analysts polled by FactSet had expected an adjusted loss of 13 cents a share on sales of $290 million. "Our first quarter began in May with most of our customers still closed due to COVID-19. However, as retailers re-opened, written orders rapidly accelerated in June and July, with consumers spending a higher percentage of discretionary dollars on home furnishings," Chief Executive Kurt L. Darrow said in a statement. La-Z-Boy has re-opened all its operations across its retail, distribution and manufacturing businesses, and plants have increased production to meet demand. The company is "cautiously optimistic" about the fall, it said. Shares ended the regular trading session down nearly 2%.
7:26 a.m. Aug. 6, 2020 - By Kimberly Blanton
More cuts to 401(k) matches are coming Suspending matching contributions has become somewhat of a recession traditionSuspending matching contributions has become somewhat of a recession tradition
7:23 a.m. Aug. 6, 2020 - By Paul Brandus
New blow to workers: Some companies are cutting 401(k) contributions This couldn’t come at a worse timeThis couldn’t come at a worse time
11:30 a.m. Aug. 4, 2020 - By Claudia Assis
Here's how much Ford stock has lost under outgoing CEO Jim Hackett Ford stock languished 39%Former CEO Jim Hackett was hailed as a visionary, but in the end the stock languished just about as much as it had with the previous CEO.
4:46 a.m. July 11, 2020 - By Tonya Garcia
Bed Bath & Beyond stock sinks more than 24% after earnings miss but analysts see opportunity Bed Bath & Beyond plans to close 200 storesBed Bath & Beyond is showing growth potential despite a weak earnings report, according to analysts.
11:09 a.m. June 16, 2020 - By Michael Brush
Robinhood traders could learn from this growth-stock investor who’s beaten indexes by a wide margin for years Don’t let beginner’s luck fool you into making a painful mistake. John Malooly of Wasatch Ultra Growth explains how to pick winners and prevent your portfolio from blowing upDon’t let beginner’s luck fool you into making a painful mistake. John Malooly of Wasatch Ultra Growth explains how to pick winners and prevent your portfolio from blowing up.
6:48 a.m. June 16, 2020 - By Rex Nutting
Clothing stores, not bars and restaurants, took the biggest sales hit from the coronavirus Sales over the past three months are down by two-thirds at stores that specialize in clothesSales over the past three months are down by two-thirds at stores that specialize in clothes.
5:19 a.m. June 9, 2020 - By Andrew Keshner
This is the insurance bill for damage and looting during protests over George Floyd’s death — and that’s just in Minnesota ‘It’s going to take a bit of time for the insurance industry to understand the full implication of this’‘It’s going to take a bit of time for the insurance industry to understand the full implication of this.’
1:19 p.m. June 4, 2020 - By Claudia Assis
La-Z-Boy to lay off 850 people, close Mississippi plantLa-Z-Boy Inc. said late Thursday it will lay off about 10% of its workforce, or 850 employees, across its business and including an upholstery factory in Mississippi. Production will be shifted to available capacity at the company's plants in Tennessee, Missouri, and Arkansas, La-Z-Boy said. The Mississippi plant, built in 1960, employs about 300 people and accounts for about 10% of the company's upholstery production as well as making the company's recliners and other furniture. The coronavirus pandemic "has had a far-reaching impact," Chief Executive Kurt L. Darrow said in a statement. The company "responded quickly" and as a result "we are confident we will emerge from the crisis with strength and remain a leader in the industry," Darrow said. " Since restarting production at the majority of our plants at the end of April, we have steadily increased production and continue to bring back more employees to meet demand." It is appropriate, however, to "right size" the business, Darrow said. "Still, these are difficult decisions to make and we deeply regret the impact they will have on those employees who are affected." La-Z-Boy expects to spend about $5 million to $7 million in fiscal 2021 in pre-tax charges related to these moves. The company is slated to report fiscal 2020 fourth-quarter and full-year results on June 23 after the bell.
3:14 a.m. June 2, 2020 - By Tomi Kilgore
Flexsteel sets rare stock buyback plan even as it slashes dividend, extends salary cuts Furniture maker could repurchase 7% of its outstanding shares as it tries to stabilize prices ahead of Russell ReconstitutionFlexsteel Industries Inc. announced Monday a stock repurchase program worth about 7% of its market capitalization, even as the residential furniture maker slashed its dividend and extended executive salary cuts as it looked to preserve cash amid the financial and business concerns created by the COVID-19 pandemic.
1:04 a.m. May 28, 2020 - By KBB Editors
The 10 best affordable family compact cars Looking for something smaller? These zippy cars are all below $25,000These cars offer plenty of cargo space, value, and safety features, and have MSRPs lower than $25,000.
3:45 a.m. May 26, 2020 - By Tomi Kilgore
Steelcase recalls most of furloughed manufacturing workersSteelcase Inc. said Tuesday it was recalling most of its manufacturing employees that were furloughed, as government restrictions related to the COVID-19 pandemic have begun to ease. The maker of furniture settings and interior architectural products said all of its manufacturing and distribution locations are currently open, and many showrooms are beginning to reopen. Steelcase said it was easing the reductions in pay and work hours for employees that were implemented in March and April. The company said revenue for the March-April period fell 39% from a year ago, with March revenue down 21% and April revenue down 60%. The FactSet consensus for fiscal first-quarter revenue, which runs through May, of $546 million implies a 34% decline. The stock, which was still inactive in premarket trading, has tumbled 43.7% year to date, while the S&P 500 has lost 8.5%.
9:35 a.m. May 19, 2020 - By Andrew Keshner
This is how fast Americans are spending their stimulus checks — and here’s a breakdown of what they’re buying Economists looked at the spending and saving habits of more than 1,600 people who received their stimulus check by April 21 Economists looked at the spending and saving habits of more than 1,600 people who received their stimulus check by April 21.
5:17 a.m. May 15, 2020 - By Jeffry Bartash
Retail sales crater a record 16.4% in April amid coronavirus lockdowns and spending slump Plunging retail sales reflect economy falling into deep recessionSales at U.S. retailers sank a record 16.4% in April after coronavirus lockdowns shuttered much of the economy, cost millions of jobs and triggered an unprecedented slump in consumer spending.
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