Amazon deal for Whole Foods could bring retail experiments

Whole Foods Market will continue to operate stores under the Whole Foods Market brand. Amazon's peer Walmart saw its share price down more than 6% within an hour of the news , while stock in grocery chain Kroger was off more than 15%. More..

by | Published
A new platform for Whole Foods? How deal could upend grocery
by | Saturday, June 24, 2017

A new platform for Whole Foods? How deal could upend grocery

But up until now, the e-commerce titan has managed to irrevocably alter the industry without making much of a dent in retail's biggest moneymaker of all-the $800 billion grocery business. This early lead, cemen...More..

Tim Cook wants compulsory coding classes for USA kids
by | Saturday, June 24, 2017

Tim Cook wants compulsory coding classes for USA kids

Despite having one of the most high-profile and demanding positions on President Donald Trump's team, he's managed to avoid the media nearly entirely. The Department of Defense is still using floppy disks in ...More..

Toshiba shares slip as it gears up for chip unit sale
by | Saturday, June 24, 2017

Toshiba shares slip as it gears up for chip unit sale

Toshiba this week confirmed that it had chosen a consortium of Bain Capital and Japanese government investors in Innovation Network Corp of Japan (INCJ) as the preferred bidder for its memory business in an ...More..

Cristiano Ronaldo : What problems? Madrid forward on target in Portugal win
by | Saturday, June 24, 2017

Cristiano Ronaldo : What problems? Madrid forward on target in Portugal win

Portugal has the luxury to choose because of Ronaldo's decisive header early in a 1-0 win over Russian Federation on Wednesday - his 74th goal in 141 national-team games. The 23-year-old Mexico global, who...More..

A thousand Uber employees still want their scandalous CEO back
by | Saturday, June 24, 2017

A thousand Uber employees still want their scandalous CEO back

Travis Kalanick , the founder and CEO of Uber , stepped down earlier this week-but some Uber employees are already trying to bring him back. But that brashness has also been blamed for a string of scandal...More..

Amazon is buying Whole Foods for $13.7 billion
by | Friday, June 23, 2017

Amazon is buying Whole Foods for $13.7 billion

Charlie O'Shea, a Moody's lead retail analyst, told the Associated Press news agency that the deal could be "transformative, not just for food retail, but for retail in general". Hartmann said he expects the ...More..

Asian shares fall after Fed rate hike, tracking Wall St lead
by | Friday, June 23, 2017

Asian shares fall after Fed rate hike, tracking Wall St lead

Unwinding the Fed's balance sheet should cause long-term rates to rise, easing the global search for yield. Sterling weakened 0.3 percent to $1.2717 before a Bank of England policy decision expected to leav...More..

Share MSCI Inclusion Powers China Stocks To 18-Month High
by | Friday, June 23, 2017

Share MSCI Inclusion Powers China Stocks To 18-Month High

Inclusion in the index marks a key victory for the Chinese government, which has been working steadily over the past few years to open up its capital markets , investors said. Moreover, there have been worries...More..

May to unveil plans to 'protect' EU citizens' rights after Brexit
by | Friday, June 23, 2017

May to unveil plans to 'protect' EU citizens' rights after Brexit

British Prime Minister Theresa May said on Tuesday that her government was committed to leaving the European Union and would listen to others' views while delivering a Brexit that commanded "maximum publi...More..

USA moves to reassure Qatar with arms sale, joint exercise
by | Friday, June 23, 2017

USA moves to reassure Qatar with arms sale, joint exercise

The deal comes just weeks after Trump signed a deal with Saudi Arabia for nearly $110 billion in United States arms. The Pentagon said the jets sale will increase security cooperation between the u...More..

by | Thursday, June 22, 2017

Amazon buying Whole Foods in bold move into brick and mortar

Any number of Whole Foods locations - more than 460 in the U.S., Canada and Britain - could be used as jumping off points for wider delivery and pickup of groceries and prepared foods ordered online. Peter ...More..

by | Thursday, June 22, 2017

In Iowa, Trump rallies base, celebrates GOP resilience

If he does insist on showing up, the editors at The Gazette want the president to actually engage with Iowans, listen to their concerns, and assure them that he's fulfilling the campaign promises that affect th...More..

by | Thursday, June 22, 2017

United States denies ISIS claim it bombed famous Mosul mosque

Joseph Martin, commander of the coalition fighting ISIS in Iraq and Syria , said in a statement. United States officials told CNN the ISIS claim that it destroyed the mosque was "1,000% false". - Earli...More..

Fed Scrutiny of Amazon-Whole Foods Likely to Focus on Wholesaling
by | Thursday, June 22, 2017

Fed Scrutiny of Amazon-Whole Foods Likely to Focus on Wholesaling

He said, " Whole Foods Market has been satisfying, delighting and nourishing customers for almost four decades - they're doing an awesome job and we want that to continue". According to Mackey, Whole Foods wil...More..

by | Thursday, June 22, 2017

Noteworthy Stock's Activity: Rice Midstream Partners LP (RMP)

It also reduced Enbridge Inc (NYSE:ENB) stake by 40,904 shares and now owns 62,186 shares. During the same period past year, the company posted $0.19 earnings per share. The ex-dividend date was Friday, May 19t...More..

by | Wednesday, June 21, 2017

UBS Group AG Sells 43132 Shares of Kimco Realty Corporation (KIM)

It is without change, as 42 investors sold KIM shares while 120 reduced holdings. only 48 funds opened positions while 126 raised stakes. The Catalyst Capital Advisors Llc holds 2,350 shares with $59,000 value,...More..

by | Wednesday, June 21, 2017

House GOP backs bill to undo much of Dodd-Frank

Jeb Hensarling , R-Texas, said at a briefing at The Heritage Foundation on Thursday. While Republicans applauded the bill's passage, Democrats argued it was removing necessary safeguards to protect the ...More..

GST launch on June 30 midnight from Parliament's Central Hall: Jaitley
by | Wednesday, June 21, 2017

GST launch on June 30 midnight from Parliament's Central Hall: Jaitley

Industries are being ready to brace themselves for the unified tax regime, GST compliance. "If a trader is still not ready by that time, then he does not want to be ready", he added. That is why I have extended...More..

Ford to invest $900 million in KY Truck Plant
by | Wednesday, June 21, 2017

Ford to invest $900 million in KY Truck Plant

Further affirming Ford's commitment to the United States is a $900 million investment in the Kentucky Truck Plant to support production of both the all-new Ford Expedition and Lincoln Navigator . "This man...More..

Ford announces plan to export Focus from China to US
by | Wednesday, June 21, 2017

Ford announces plan to export Focus from China to US

As I said above, the current Focus is built at Ford's Michigan Assembly Plant near Detroit. Ford says no stateside hourly employees will lose their job , and that production of the Focus small vehicle wi...More..

by | Tuesday, June 20, 2017

UK Labour Leader Corbyn: 'I Can Still Be Prime Minister'

Jeremy Corbyn , the Labor Party leader often dismissed (even by many in his own party) as an ineffectual ideologue, galvanized younger and working-class voters with an egalitarian message of "For the Many, No...More..

by | Monday, June 19, 2017

Microsoft won't be making any money on the Xbox One X

To start off, Ybarra compared the console to a $1,500 gaming machine. "If you just look at the specs of what this box is, it's in a different league than any other console that's out there", the Xbox boss a...More..

Gunfire heard at Mali resort area popular with foreigners
by | Monday, June 19, 2017

Gunfire heard at Mali resort area popular with foreigners

Le Campement Kangaba resort in Dougourakoro, east of the capital, Bamako , is the site under attack , according to officials. "I heard gunfire coming from the camp and I saw people running out of the touris...More..

Protester storms stage during Julius Caesar play in NYC
by | Sunday, June 18, 2017

Protester storms stage during Julius Caesar play in NYC

We were protesting what we saw was the normalization of violence. Loomer said on Twitter that while she's not in jail, she's not apologetic. Goebbels was the minister of propaganda in Nazi Germany. Rebel TV'...More..

Home favourite Johanna Konta eases into Nottingham final
by | Sunday, June 18, 2017

Home favourite Johanna Konta eases into Nottingham final

Konta, eighth in the world and the British's No. 1 ranked player, moved closer to her first win on grass before the home crowd. Clearly it is not because her big game does not suit the grass: She has made the...More..

by | Sunday, June 18, 2017

Walmart to acquire online men's clothing retailer Bonobos

You may think that the $5.5 trillion United States retail industry has room for everyone to share, but Amazon and Walmart look ready to fight for every last morsel. In March, Walmart bought online retailer ...More..

Sensex slips 22 points in early trade on global cues
by | Sunday, June 18, 2017

Sensex slips 22 points in early trade on global cues

A total of 59 stocks registered a fresh 52-week high in early trade on Thursday, while 23 stocks touched a new 52-week low on the NSE . The Sensex is trading at 31,256.94 points up by 66.38 points or 0.2...More..

by | Sunday, June 18, 2017

NZ dollar falls vs pound on split BOE over rate hike

At the time of writing this article, the Euro Australian Dollar exchange rate trended in the region of 1.4710. The dollar index, which tracks the USA currency against six major peers, rose to 97.557, its ...More..

by | Saturday, June 17, 2017

Trump Restores Some Cuba Penalties, Rejecting 'Oppressors'

John S. Kavulich, president of the U.S. -Cuba Trade and Economic Council, said the military is connected to so many businesses in Cuba that it will be hard for Americans to identify the hotels, restaurants ...More..

by | Saturday, June 17, 2017

Doctors: Student detained in N Korea in state of 'unresponsive wakefulness'

Tuesday after more than a year in captivity. Soon after the interview, Secretary of State Rex Tillerson and Special Representative for North Korea Policy Joseph Yun began working towards Warmbier's relea...More..

by | Friday, June 16, 2017

US oil production seen thwarting OPEC effort to boost prices

Traders said market intelligence firm Genscape had forecast a draw down of more than 1.8 million barrels at the Cushing, Oklahoma delivery point for USA crude futures. New supplies from Opec's competitors wil...More..

by | Friday, June 16, 2017

Trump under investigation for possible obstruction of justice

Last week, former FBI Director James Comey told Congress he believes he was sacked by Trump to undermine the agency's Russian Federation probe. As Sen. Flynn and Mr. Trump's former campaign chairman, Pa...More..

Eurozone ministers agree Greece bailout payment
by | Friday, June 16, 2017

Eurozone ministers agree Greece bailout payment

Greece almost crashed out of the euro in 2015 after a furious fight over the bailout deal, and says its fragile recovery has suffered from the most recent delay. AIP is a procedure where there has been agree...More..

by | Friday, June 16, 2017

Rosenstein Says He Wouldn't Fire Special Counsel Without Good Cause

Trump can not directly dismiss Mueller. The effort to muddy the waters surrounding the investigation is coming amid growing White House concern that the probe could detract from the president's agenda for mon...More..

Mayer Exits as Verizon Completes Yahoo Acquisition
by | Thursday, June 15, 2017

Mayer Exits as Verizon Completes Yahoo Acquisition

Despite the company's struggles, Yahoo's stock more than tripled while Mayer was CEO, creating more than $30 billion in shareholder wealth. Armstrong has been leading integration planning teams since the tr...More..

Oil prices fall on OPEC output increase, rising United States crude stocks
by | Thursday, June 15, 2017

Oil prices fall on OPEC output increase, rising United States crude stocks

The EIU also predicted that Opec will be forced to keep limits on its production beyond the end of the current agreement in March 2018, in order to prevent a wave of oil from returning to the market and sendi...More..

Iranian General Says Daesh Militants Staging Attacks Under US, Saudi Guidance
by | Thursday, June 15, 2017

Iranian General Says Daesh Militants Staging Attacks Under US, Saudi Guidance

Since U.S. President Donald Trump took office in January, the yawning gap between Tehran and Washington has grown even wider with Trump's latest efforts to isolate Iran in the region, while bolstering c...More..

by | Thursday, June 15, 2017

Saudis insist no blockade on Qatar as Gulf crisis simmers

Qatar is a partner of the United Kingdom in the fight against terrorism but they urgently need to do more to address support for extremist groups, building on the steps they have already taken to tackle funding...More..

by | Wednesday, June 14, 2017

Five facts about Attorney General Jeff Sessions

While answering questions about why he didn't alert other officials about Trump's request that he end his investigation of former national security adviser Michael Flynn, Comey said that FBI officials long ex...More..

by | Wednesday, June 14, 2017

Puerto Rico Votes To Become 51st US State

Only 23 percent of the 2,260,804 registered Puerto Rican voters participated . Jennifer Gonzalez-Colón, Puerto Rico's Resident Commissioner and only nonvoting member of Congress, is a strong advocate of ...More..

by | Wednesday, June 14, 2017

Deputy Attorney General Rod Rosenstein: Robert Mueller Won't Be Fired Without Cause

Newsmax chief executive and Trump confidant Christopher Ruddy took to PBS in an interview that aired Monday evening to say he thought Trump was "considering perhaps terminating" the recently appointed Muel...More..

Coinbase exchange has outage due to high trading volume
by | Tuesday, June 13, 2017

Coinbase exchange has outage due to high trading volume

Bitcoin surged above $3,000 for the first time on Sunday before pulling back a bit below the psychologically important "round number" level. Reaching the new milestone was not wholly unexpected. Where cyrptocu...More..

Aldi's $3.4 billion plan will intensify Charlotte's low-priced grocery competition
by | Tuesday, June 13, 2017

Aldi's $3.4 billion plan will intensify Charlotte's low-priced grocery competition

In addition, Aldi will add 25,000 new jobs in stores, warehouses, and offices, with industry-leading compensation and benefits packages. Fast-growing German grocer Aldi has its sights set on becoming the ...More..

Gymboree closing up to 450 stores amid Chapter 11 Bankruptcy filing
by | Tuesday, June 13, 2017

Gymboree closing up to 450 stores amid Chapter 11 Bankruptcy filing

The children's clothing retailer Gymboree filed for Chapter 11 bankruptcy protection late Sunday. Gymboree says the restructuring will reduce its debt by more than $ 900 million and position the company ...More..

by | Tuesday, June 13, 2017

Crude Holds Gains In Asia With Saudi, Russia Views Supportive

Crude oil markets looked to future support with bargain hunters looking to wade back in Monday after last week's loss of the $50 per barrel floor. In Saudi Arabia and Russian Federation, this share is much...More..

by | Tuesday, June 13, 2017

Puerto Rico votes overwhelmingly for statehood but turnout dismal

Puerto Ricans overwhelmingly chose statehood on Sunday in a non-binding vote in a vote that will likely change absolutely nothing with regards to the USA territory's status. However US Rep. Luis Gutierrez, whos...More..

Kansas legislators abandon Brownback's tax experiment
by | Monday, June 12, 2017

Kansas legislators abandon Brownback's tax experiment

He shared alarm that Kansas' two-bracket personal income tax system would be expanded with a new upper tax bracket and across-the-board surge in tax rates. Kansas faces projected budget shortfalls nearing alm...More..

by | Monday, June 12, 2017

Republicans are taking a big political risk on health care

If Republicans are forced to strip the so-called Hyde Amendment language from the legislation, which essentially bars federal funds from being used to pay for abortions except to save the life of a mother or ...More..

by | Monday, June 12, 2017

RBI repo rate: Arvind Subramanian says economic condition warrants policy easing

RBI said the implementation of the Goods and Services Tax (GST) is not expected to have a material impact on overall inflation . In its second Bi-monthly Monetary Policy Statement of 2017-18, the Reserv...More..