Business

How Will Things Change For Shoppers After Amazon Buys Whole Foods?

How Will Things Change For Shoppers After Amazon Buys Whole Foods?

An enduring shift by consumers toward fresh and natural options is eating into the business of big food brands, like Kraft Heinz Co., Kellogg Co., and Mondelez International Inc. The current offer for Whole Foods comprises 3% of Amazon's market cap only and only 6% of Walmart's and this would match 64% of Kroger's . Wal-Mart is offering curbside pickup of online grocery purchases at 700 locations, with 300 more planned by year end.


Oil price falls below $45 a barrel

Oil price falls below $45 a barrel

Gasoline and distillate inventories rose. "That, and a significant increase in output from Libya and Nigeria , both of whom are exempt from the quota system, and it is clear that OPEC underestimated their own importance, when it came to global oil output".


Uber driver charged with indecent assault, WA

Uber driver charged with indecent assault, WA

William Hayes , commanding officer of the LAPD's Robbery- Homicide Division. Hayes said the victim awoke to find herself in a unusual motel and remembered falling asleep in the back of the Uber vehicle. LOS ANGELES (AP) - Police have arrested an Uber driver they say sexually assaulted a female passenger after she fell asleep during a ride in Los Angeles.



Attorney General 'deeply disappointed' in Supreme Court decision on Trump travel ban

The matter of the travel ban had plagued his presidency from the beginning, with Trump's opponents claiming that he was motivated by bigotry and lower courts agreeing with that sentiment. Ford International Airport in Grand Rapids, Mich., on Sunday, Feb. 5, 2017. America's highest court said in an unsigned 13-page opinion that it would hear arguments in October.


Shanghai's Joyson Electronic steps in to save bankrupt airbag firm Takata

Shanghai's Joyson Electronic steps in to save bankrupt airbag firm Takata

Takata also agreed to sell its global assets and operations to USA auto parts maker Key Safety Systems , owned by China's Ningbo Joyson Electronic , for approximately 175 billion yen or $1.588 billion. Takata's inflators can explode with too much force when they fill up an air bag, throwing out shrapnel. Takata's CEO Shigehisa Takada through a prepared statement said the company believes that the actions taken in the USA and Japan are the best means to address the current ongoing ...