Finance

Amazon's Jeff Bezos: Millions of people love Whole Foods Market

Amazon's Jeff Bezos: Millions of people love Whole Foods Market Amazon .com, Inc., the world's largest Internet-based retailer, said Friday it will acquire Whole Foods Market Inc., a supermarket chain featuring foods without artificial preservatives, colors, flavors, sweeteners and hydrogenated fats, at a total cost estimated to be 13.7 billion US dollars. [Full Article...]

Elizabeth Wettlaufer gets life sentence; no chance of parole until 2041

Elizabeth Wettlaufer gets life sentence; no chance of parole until 2041 Numerous victims' relatives were present in the courthouse for Wettlaufer's sentencing and were told by the judge to take their time when reading their victim impact statements. During a taped interview with police of nearly three hours, which was played in court, Wettlaufer said: " I honestly thought God wanted to use me ", and that she got a " laughing feeling " when she killed someone. [Full Article...]

Growing frenzy outside court as Cosby deliberations wear on

Growing frenzy outside court as Cosby deliberations wear on The 12-member jury retired Tuesday after more than 15 hours of deliberations spread across two days, despite several questions for Judge Steven O'Neill and asking him to read extensively from Cosby's original deposition given in 2005. Jurors had asked to hear parts of Cosby's damaging decade-old deposition testimony about pills and sex and testimony about Constand's first police report. [Full Article...]

Supreme Court sides with same-sex couples in Arkansas suit

Supreme Court sides with same-sex couples in Arkansas suit Another Arkansas couple in the case was Leigh and Jana Jacobs who had a similar experience the when Leigh Jacobs gave birth to their son in 2015. USA Today played up the Supreme Court's decision on Monday to hear the case of a bakery owner in Colorado who refused to participate in same-sex couple's wedding ceremony by baking the pair a cake. [Full Article...]

Burling, Team New Zealand reach match point in America's Cup

Burling, Team New Zealand reach match point in America's Cup In today's first race the critical mistake came during the pre-start, when on the final approach to the starting line Spithill - perhaps mindful of being over early during Saturday's racing - bore away briefly and opened the door for the Kiwi's to break away unchallenged. [Full Article...]

Qatar agree to $12bn military jet deal

Qatar agree to $12bn military jet deal Cavusoglu will hold a bilateral meeting with his Qatari counterpart, Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, Turkish foreign ministry said in a statement late Tuesday. The signing of the deal comes days after US President Donald Trump accused Qatar of supporting terrorism, saying he had decided "the time had come to call on Qatar to end its funding ... [Full Article...]

Durable Goods Orders Fell 1.1% in May, Driven by Transportation

Durable Goods Orders Fell 1.1% in May, Driven by Transportation Orders for durable goods-products created to last at least three years, such as computers and industrial robots-decreased 1.1% from April to a seasonally adjusted $228.18 billion in May, the Commerce Department said Monday. Total U.S. industrial production rose 2.2% in May from a year earlier, including 1.4% growth for manufacturing output, according to Federal Reserve data. [Full Article...]

New study of Seattle's $15 minimum wage says it costs jobs

New study of Seattle's $15 minimum wage says it costs jobs The authors speculate that the work once done by entry-level, low earners is now done by more experienced, high-paid employees. For an average low-wage worker in Seattle , that translates into a loss of about $125 per month per job. At this point, it's not clear that there really is early evidence of "some effects", one Los Angeles Times reporter wrote about Seattle's minimum wage , as o... [Full Article...]

Missouri gas price dip outpaces U.S. decrease

Missouri gas price dip outpaces U.S. decrease The average price nationally for a gallon of regular is now $2.28, down 10 cents since the start of the month. AAA defines the Independence Day holiday travel period as June 30 to July 4. "It's fantastic (that) we're staring at some of the cheapest prices of the year as the holiday comes into view", DeHaan said. By contrast, Champaign-Urbana has the cheapest gasoline, at $2.06 per gallon. [Full Article...]

Oil ETFs: Worse, Not Better, as OPEC Cuts Back

Oil ETFs: Worse, Not Better, as OPEC Cuts Back The production drop for non-OPEC countries during 2016 mostly came from the USA and China. Futures prices trade around 10% lower month to date, which would be their largest monthly loss since July 2016, according to FactSet data. A slight rebound occurred later in the day when United States crude oil inventories dropped more than expected. The remaining 10 OPEC members participated in the de... [Full Article...]

Google, Avis Sign Deal to Maintain Waymo's Self-Driving Cars

Google, Avis Sign Deal to Maintain Waymo's Self-Driving Cars Avis will provide services like secure parking, cleaning, oil changes and tire rotations at is locations as part of the agreement. Like many self-driving vehicle companies, Waymo has an extensive testing and research presence in Arizona. The multi-year agreement between the two companies will have Avis Budget Group Inc. handling the care of the self-driving vehicles. Most major automakers an... [Full Article...]

China sentences 16 from Australia's Crown Resorts to prison

China sentences 16 from Australia's Crown Resorts to prison In an unrelated South Korean case, employees of casino operators Paradise Co.and Grand Korea Leisure Co. were arrested in June 2015 for promoting gambling on the mainland. The company said it would pay the fines on their behalf. All sentences included deportation, Crown said. Those three had administrative jobs, while the others held sales and marketing positions targeting different regions ... [Full Article...]

Is the Whole Foods acquisition the beginning of Amazon's endgame?

Is the Whole Foods acquisition the beginning of Amazon's endgame? The deal came together so rapidly - the companies signed a confidentiality agreement April 27 - that Amazon's strategy for the acquisition is still largely in the air, according to people familiar with the matter. The company spent over four years planning the cashier-less market and despite a few technical difficulties, an 1,800 square foot prototype is now open to Amazon employees in downtown ... [Full Article...]

Southwest flight diverted after woman attempts to open door

A Southwest Airlines plane heading to Houston was forced to make an emergency landing Sunday after a female passenger attempted to open an emergency exit midflight. "But the staff handled everything very well". The woman was detained by police in Corpus Christi, while the plane eventually continued its journey almost five hours behind schedule. [Full Article...]

SeaWorld being probed over 'Blackfish' disclosures

SeaWorld being probed over 'Blackfish' disclosures The company said it has also received subpoenas from the staff of the U.S. Securities and Exchange Commission and has set up a committee comprising independent directors to deal with these inquiries. Reached by email, the SEC and Justice Department declined to comment late Friday. Last week, SeaWorld's board chairman David D'Alessandro failed to gain the majority of the vote to reelect him. [Full Article...]

Judge considering national freeze on Iraqi deportations

Judge considering national freeze on Iraqi deportations US District Judge Mark Goldsmith said in a written order that deportation is halted for 14 days while he decides if his court has jurisdiction to hear their plight. But they argued that sending them back to Iraq, where the USA government has said Chaldeans face genocide, is akin to a death sentence. Lawyers for the detainees insisted that under the "Convention Against Torture" they should not be... [Full Article...]

Overwhelmed By Air Bag Troubles, Takata Files For Bankruptcy Protection

Overwhelmed By Air Bag Troubles, Takata Files For Bankruptcy Protection Japanese air bag maker Takata , overwhelmed by lawsuits, recall costs, filed for bankruptcy protection on Monday. The faulty airbag inflators have been linked to at least 11 fatal cases in the United States and led to 42 million cars being recalled as a result, marking the biggest ever vehicle recall in the automotive industry. [Full Article...]

Hot new engine for Jaguar's XE, XF and F-Pace

Hot new engine for Jaguar's XE, XF and F-Pace The XF saloon will sprint from 0-62mph in 5.6 seconds, while that time is reduced to 5.5 seconds in the XE sports saloon. Yes, the 30t has 44 fewer horses than the previous 35t variants , which were powered by a supercharged 3.0-liter V-6, but the 30t models still should be plenty quick, with Jag quoting 5.2 seconds to 60 miles per hour for the XE, 5.4 in the XF, and 5.7 seconds for the F-Pace ... [Full Article...]

Mourinho refutes tax fraud claims after complaint filed by Spanish prosecutors

Manchester United manager Jose Mourinho is the subject of a Spanish prosecution claim over suspected tax fraud. For the time-being Cristiano appears to be trying his best to ignore the situation and focus on the football at hand - his campaign with Portugal at the Confederations Cup. [Full Article...]

Boeing outsells rivals at Paris Air Show

Boeing outsells rivals at Paris Air Show An Airbus 350-1000 performs his demonstration flight at Paris Air Show, in Le Bourget, east of Paris, France, Tuesday, June 20, 2017 in Paris. Boeing , meanwhile, has a Paris order book of 463 when conversions, previous orders upgraded to newer planes, are stripped out. [Full Article...]


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