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A Nike "Moon Shoe" is on display at Sotheby's auction house in New York on July 12, 2019. Nike co-founder Bill Bowerman designed the shoe's sole using his wife's waffle iron. The shoes were made for runners at the 1972 Olympic trials. Sotheby's expects the shoes to auction online for between $110,000 to $160,000. (AP Photo/Ted Shaffrey)
July 12, 2019 - 5:56 pm

Collectable sneakers on auction at Sotheby's in New York

NEW YORK (AP) — True sneaker heads will get the opportunity to expand their collection as Sotheby's in New York holds its first sneaker auction. These aren't just any old sneakers but 100 of the rarest, most-coveted sneakers around, including the Nike handmade "Moon Shoe" designed by Nike co-...
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July 09, 2019 - 6:12 am

Egypt asks Interpol to help it retrieve King Tut statue

CAIRO (AP) — Egypt says it has asked Interpol to help track down a 3,000-year-old sculpture of the famed boy pharaoh Tutankhamun after Christie's auctioned it off last week despite Cairo's objections. The Britain-based auction house sold the brown quartzite head depicting King Tut for more than 4.7...
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July 02, 2019 - 11:58 am

Viking chess piece sells for more than $900,000 at auction

LONDON (AP) — A 900-year-old Viking chess piece bought for a few dollars in the 1960s has sold at auction for 735,000 pounds ($927,000). The 3 1/2-inch (8.8-centimeter) Lewis Chessman sold to an anonymous bidder at Sotheby's in London on Tuesday. The Lewis Chessmen are intricate, expressive chess...
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Julie Wainwright, center, CEO of The RealReal, celebrates her company's IPO at the Nasdaq opening bell, Friday, June 28, 2019 in New York. The online reseller of luxury brand clothing and accessories is based in San Francisco. (AP Photo/Mark Lennihan)
June 28, 2019 - 11:05 am

Secondhand fashion site The RealReal shares rise in debut

NEW YORK (AP) — Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by...
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FILE - In this July 1929 file photo, New York Yankees' Babe Ruth, who was injured, stands in the dugout during the baseball team's game at Cleveland. A Babe Ruth road jersey dating to 1928-30 has sold at auction for $5.6 million. Hunt Auctions, which handled Saturday's sale, says the price breaks a record for the most expensive piece of sports memorabilia ever sold. A Ruth jersey from 1920 previously sold for $4.4 million. (AP Photo, File)
June 15, 2019 - 9:13 pm

Babe Ruth road jersey sells at auction for $5.6 million

NEW YORK (AP) — A Babe Ruth road jersey dating to 1928-30 has sold at auction for $5.6 million. Hunt Auctions, which handled Saturday's sale, says the price breaks a record for the most expensive piece of sports memorabilia ever sold. A Ruth jersey from 1920 previously sold for $4.4 million. The...
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Customers wait on a long check out line at a Target store in San Francisco on Saturday, June 15, 2019. Target suffered a technological glitch that stalled checkout lines at its stores worldwide Saturday, exasperating shoppers and eating into sales at a prime time for retailers. The outage periodically prevented Target's cashiers from scanning merchandise or processing transactions. Self-checkout registers also weren't working at times, causing massive lines in some stores. (AP Photo/Michael Liedtke)
June 15, 2019 - 5:58 pm

Target's tech trouble clogs stores with long checkout lines

SAN FRANCISCO (AP) — A glitch stalled checkout lines at Target stores worldwide Saturday, exasperating shoppers and potentially eating into sales at a prime time for retailers, the day before Father's Day. The roughly two-hour outage periodically prevented Target's cashiers from scanning...
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FILE - In this Thursday, Aug. 23, 2018 file photo, Margaret Hunter, center, the wife of U.S. Rep. Duncan Hunter, arrives for an arraignment hearing in San Diego. Rep. Duncan Hunter's wife is planning to change her not-guilty plea after the couple was charged with using more than $250,000 in campaign funds on vacations and other expenses. Margaret Hunter, who worked as the California Republican's campaign manager, is scheduled to appear in federal court Thursday, June 12, 2019 to change her plea.(AP Photo/Denis Poroy)
June 13, 2019 - 1:41 pm

The Latest: Indicted US congressman's wife pleads guilty

SAN DIEGO (AP) — The Latest on a change of plea by the wife of indicted U.S. Rep. Duncan Hunter (all times local): 10:31 a.m. The wife of indicted Republican U.S. Rep. Duncan Hunter of California has pleaded guilty to conspiracy to misuse campaign funds, including for an Italy trip that cost more...
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June 05, 2019 - 5:31 pm

Should Amazon be broken up? 'No,' says Amazon executive

LAS VEGAS (AP) — An Amazon executive said Wednesday that the online shopping giant isn't too big and shouldn't be broken up, but added that large companies deserve to be examined. Amazon and other big tech companies are facing scrutiny from government agencies that are looking into their business...
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June 03, 2019 - 7:29 am

Missing Lewis Chessmen piece found, will be auctioned July 2

LONDON (AP) — A medieval chess piece purchased for 5 pounds ($7.50) by an antiques dealer in Scotland in 1964 has been found to be one of the famous medieval Lewis Chessmen and is expected to bring more than 600,000 pounds ($670,000) when auctioned by Sotheby's. The Lewis Chessmen were discovered...
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FILE - In this March 17, 2017, photo, a FedEx driver returns to his truck in downtown Pittsburgh. FedEx plans to deliver packages seven days a week starting next January 2020 as it tries to keep up with the continuing boom in online shopping. The Memphis, Tennessee-based company announced the moves Thursday, May 30, 2019. (AP Photo/Gene J. Puskar, File)
May 30, 2019 - 4:20 pm

FedEx to deliver 7 days a week to satisfy online shoppers

FedEx plans to deliver packages seven days a week starting next January as it tries to keep up with the continuing boom in online shopping. The company is also taking back nearly 2 million daily deliveries to homes that are currently handled by the post office in a move it says will increase the...
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