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Kylie Jenner sells stake in beauty empire to CoverGirl owner

Nov. 18, 2019 12:38 PM EST

NEW YORK (AP) — Kylie Jenner is selling a stake of her beauty business to CoverGirl owner Coty, in a deal that values the reality TV star’s company at about $1.2 billion. Coty said Monday that it will pay $600 million for a 51% stake in Kylie Cosmetics. It plans to launch more products under the...

Yogurt sales sour as US breakfast culture changes

Nov. 18, 2019 10:49 AM EST

What’s eating yogurt? Despite shelves full of new varieties — from Icelandic to Australian to coconut-based — U.S. yogurt sales are in a multiyear slump. Yogurt companies are confident that more new products can boost sales. But some analysts are skeptical, saying larger trends — like...

Yahoo Japan, Line to merge business to form online giant

Nov. 18, 2019 4:17 AM EST

TOKYO (AP) — Online services Yahoo Japan and Line Corp. have announced they are merging. Z Holdings Corp., which owns SoftBank Corp. that operates Yahoo Japan, and Naver Corp. of South Korea, which owns a majority stake in Line, said Monday they are aiming for a final agreement by next month. The...

New Mexico utility embarks on energy planning mission

Nov. 17, 2019 11:15 PM EST

ALBUQUERQUE, N.M. (AP) — New Mexico’s largest electric utility is reaching out to vendors and energy companies around the world for ideas as it works toward going emissions-free. The Public Service Company of New Mexico announced Friday it’s seeking information on the types of resources and...

‘Ford v Ferrari’ speeds to No. 1; ‘Charlie’s Angels’ fizzles

Nov. 17, 2019 9:35 PM EST

NEW YORK (AP) — “Ford v Ferrari” left its competition in the rearview mirror, racing to an estimated $31 million debut at the box office in a No. 1 finish that counted as a win for big-budget originality. James Mangold’s racing drama rode into the weekend with strong reviews and Oscar...

Saudi Aramco seeks record-setting IPO with value up to $1.7T

Nov. 17, 2019 1:12 PM EST

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much as $25.6 billion from the sale, potentially becoming the most-valuable initial public offering in history. The newly released figures...

Yellowstone looking at Wi-Fi upgrades for some buildings

Nov. 17, 2019 1:04 PM EST

BOZEMAN, Mont. (AP) — Yellowstone National Park officials have unveiled a proposal from a company that wants to install Wi-Fi in the park’s developed areas. AccessParks, a wireless network company, has proposed upgrading internet infrastructure all over the park within buildings managed by Xanterra...

Santa Fe Opera finds additional revenue streams

Nov. 17, 2019 11:28 AM EST

SANTA FE, N.M. (AP) — The Santa Fe Opera is collaborating with other venues and opening up its stage to other performers as a means to build up its bottom line. The money that comes in from non-operatic performances such as this season’s concerts by Ringo Starr and Bobby McFerrin and the sharing of...

Central New Mexico battles for control of electric systems

Nov. 16, 2019 11:57 AM EST

SOCORRO, N.M. (AP) — Socorro is charged up about building its own electric utility to offer cheaper, cleaner electricity to local consumers than they get from the 75-year-old Socorro Electric Cooperative. Mayor Ravi Bhasker and city councilors are pursuing an independent contract with Guzman Energy LLC, an...

No waiters or dining area, just restaurant fare

Nov. 16, 2019 3:01 AM EST

WINTER PARK, Fla. (AP) — Jeff Covington called out orders as a display of multiple tablets chimed during a Friday night dinner service. “Build-your-own, Bolognese, side Caesar,” he relayed to the rest of the kitchen staff. Another chime, this one triggered by the door, signaled when it was...