Business

Wal-Mart may already be a giant, but it still has big ambitions for its food aisles. The big-box retailer announced Friday the addition of another private-label, called Sam’s Choice Italia. Under the nameplate, Wal-Mart will initially roll out 40 items, including Italian boxed dinners, gnocchi, risotto, sauces and salad dressings. The products can be purchased
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Speaking at the Future Investment Initiative in Riyadh, Saudi Arabia, Huffington described how stress and burnout were having an economic burden on countries, making reference to the U.S. as a prime example. “Stress and burnout are costing U.S. businesses $300 billion. It’s affecting, in a very deep way, health care and health care costs; because
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Justin Sullivan | Getty Images Intel employees walk by a sign as they enter their office in Santa Clara, California. Intel reported quarterly earnings and revenue that easily topped analysts’ expectations on Thursday. Here’s how the company did compared with what Wall Street expected: Adjusted EPS: $1.01 vs. 80 cents expected according to Thomson Reuters
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Shares of Buffalo Wild Wings on Wednesday jumped more than 20 percent in after-hours trading after the company posted higher-than-expected earnings for the third quarter. The restaurant chain also raised its earnings forecast for the year. It now expects 2017 EPS, on an adjusted basis, to come in at $4.85 to $5.15. In July, it
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Bombardier’s most recent discussions about a Chinese tie-up centered on Comac, a Chinese state-owned firm developing passenger jets, according to a source familiar with the Canadian company’s thinking. Financial terms of any potential deal were not known. Comac did not immediately respond to requests for comment. Sources said Comac was also among the companies Bombardier
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Experts who talk of artificially intelligent (AI) robots reaching divine status should “absolutely not be allowed” to create a machine smarter than humans, Elon Musk warned on Twitter. The Tesla and SpaceX CEO was addressing an article from tech news site VentureBeat about the possibility of an AI “god” emerging by 2042. TWEET One of
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Dutch health care technology company Philips said on Monday its core profits in the third quarter rose 12 percent to 532 million euros ($626.1 million), as strong growth in China pushed comparable sales up 4 percent. The profit increase was the result of savings and strong sales growth in China and other emerging markets. Sales
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Boeing said on Thursday it invested in Near Earth Autonomy, a Pittsburgh-based firm that develops technologies enabling autonomous flight such as drones. In addition to the undisclosed investment, Boeing said the two companies will also explore products and applications for emerging markets such as urban mobility. It was the first investment in autonomous technologies by
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