Business

Whole Foods shareholders have at last voted to advance Amazon‘s acquisition of the grocery chain, moving the proposal one step closer to reality. Gathered at Whole Food’s headquarters in Austin, Texas, the retailer’s shareholders approved a merger with the internet giant on Wednesday morning. Amazon shareholders don’t need to sign off on the deal. Now,
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Shares of Guess? Inc. soared after the retailer reported better-than-expected earnings. Here’s how the company did in the second quarter compared to Wall Street expectations: Adjusted EPS: 19 cents, vs. 10 cents expected, according to Thomson Reuters Revenue: $574 million, vs. $559 million, according to Thomson Reuters The stock gained nearly 11 percent during after-hours
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Euro zone manufacturing businesses clocked their best month of growth in six-and-a-half years in August, offsetting the weakest services growth in seven months and keeping overall activity on steady path, a survey of private companies showed on Wednesday. IHS Markit’s Flash Eurozone Composite Purchasing Managers’ Index, considered a good guide to economic growth, edged up
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Target is expanding its clothing line for kids, this time catering to those children with special needs. Stemming from the success of Target’s private label, Cat & Jack, the retailer has rolled out a sensory-friendly selection for kids with processing sensitivities. The pieces include heat-transferred labels in place of tags, flat seams, and one-dimensional graphic
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While the attention is on leaked emails, that’s not to say Hollywood isn’t worried about piracy. On online forums where criminals “advertise their ill-gotten gains,” there is now entertainment content “popping up as basically sections of these websites,” Rasmussen said. Some people believe that video leaks can help gin up media and viewer attention for
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There has been much discussion over the last several years about the existence of “two Americas.” The politics of recent days notwithstanding, there are more likely three. Main Street, Wall Street and Washington are becoming ever more separated, operating, in many ways, entirely independently of one another. It’s most evident on Wall Street. Despite political
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And it’s not just customers or employees they’re sending a message. Steph Curry, star guard for the NBA champion Golden State Warriors and the highest-profile athlete on Under Armour’s roster, tweeted a series of applause emojis after Plank’s announcement. In February, Curry issued a sharp rebuke when Plank talked up the president’s business bona fides
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Member of Manufacturing Jobs Initiative. Status: Resigned June 1. Musk resigned from the council following Trump’s announcement he would be withdrawing the United States from the Paris climate accord. Musk wrote in a tweet, “Am departing presidential councils. Climate change is real. Leaving Paris is not good for America or the world. Bill Brown and
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Reuters Staff | Reuters Kyoto University Professor Hiroyuki Yano, who is leading research in making auto parts using wood, at his laboratory in Kyoto, Japan on July 25, 2017. The global push among carmakers to make ever lighter vehicles is leading some auto suppliers in Japan to turn to what seems like an unlikely substitute
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