Business

Walmart Is Buying Bonobos for $310 Million

Amazon's bet on the organic grocer will help the company better compete against Walmart-which is now the leading grocer -beating out competitors like Safeway ( SWY ) and Kroger (KR)-according to a 2015 Consumer Report that says the retailer captures about 25% of the grocery market in the US, up from around 7% in 2002.

Business

Sensex ends in green as RBI holds rates; banks top gainer

The Dow and the S&P 500 rose about 0.2 percent while the tech-heavy Nasdaq Composite gained 0.4 percent. The NSE Nifty fell 14.85 points to 9,649.05. In the sectoral landscape, IT stocks bled the most, plunging almost 2 per cent to settle at 10,178, with TCS (down 3.59 per cent) being the biggest loser.

Business

NZ dollar falls vs pound on split BOE over rate hike

President Donald Trump is being investigated by special counsel Robert Bueller for possible obstruction of justice also impacted risk sentiment in Thursday's early trade. This report left investors more bullish on the Australian Dollar overall, especially as the Reserve Bank of Australia (RBA) had put focus on the job market earlier in the year.

Business

Governor Signs Bill Restoring Rooftop Solar in Nevada

Gov. Sandoval must also decide whether to sign Assembly Bill 206 and Senate Bill 392, which respectively would boost the state's renewable portfolio standard and develop a community solar program. Nevada's solar industry entered a tailspin in 2015 when state utility regulators began decreasing those credits. Rooftop solar system. Author: Martin Abegglen.

Business

White Senators Can't Stop Interrupting Kamala Harris

And so I think he's basically daring the Republicans on the Senate intelligence committee to not let him off the hook and to actually have to agree with the Democrats, many of whom have already pushed and will be pushing for more compelled answers.

Business

United States policy adding to troubles in the Gulf

Mr Faki warned that if the rift is allowed to escalate further, it could have adverse political, security and humanitarian implications for the Gulf states, Africa and worldwide peace and security. Joseph Dunford , chairman of the Joint Chiefs of Staff , said the Saudi-led diplomatic and economic boycott of Qatar would not affect military operations out of Qatar's Al-Udeid airbase.


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