Amazon trounces rivals in battle of the shopping bots Amazon trounces rivals in battle of the shopping bots:- Earlier this year, engineers at Wal-Mart Stores Inc (WMT.N) who track rivals' prices online got a rude surprise: the technology they were using to check Amazon.com several million times a day suddenly […]
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Asia stocks rise for third day on earnings, dollar stalls on Comey sacking Asian stocks edged higher for a third consecutive day on Wednesday as investors focused on strong corporate earnings and the dollar gave back some of its recent gains. U.S. President Donald Trump's abrupt dismissal of FBI Director James […]
U.S. Commerce Ross says 3 percent GDP growth not achievable this year U.S. Commerce Ross says 3 percent GDP growth not achievable this year:- The U.S. economy will fall short of the Trump administration's goal of 3 percent growth this year and will only achieve that when its regulatory, tax, trade and […]
Elliott goes to court seeking dismissal of Akzo Nobel chairman Burgmans Elliott goes to court seeking dismissal of Akzo Nobel chairman Burgmans:- Elliot Advisors, the hedge fund that has been pushing Dutch paint maker Akzo Nobel to enter takeover talks with U.S. peer PPG Industries, said on Tuesday it had […]
Caisse withholds backing for Bombardier's executive chairman Caisse withholds backing for Bombardier's executive chairman:- Quebec's biggest pension fund will not back Bombardier Inc Executive Chairman Pierre Beaudoin's re-election bid, according to a letter published on Monday, in a rare public display of displeasure with the plane and train maker's founding […]
Florida probes Tyson Foods, Pilgrim Pride on chicken pricing Florida probes Tyson Foods, Pilgrim Pride on chicken pricing:- Top U.S. chicken companies Tyson Foods Inc (TSN.N) and Pilgrim's Pride Corp (PPC.O) said on Monday that Florida's attorney general sought information from them regarding a probe into possible anticompetitive behavior, widening a legal […]
Target to test next-day delivery service in Minneapolis Target to test next-day delivery service in Minneapolis:- Target Corp (TGT.N) plans to test a next-day home delivery service called Target Restock in the Minneapolis area, the company said in a blog post on Monday. The company said household essentials ordered online, […]
Akzo Nobel declines third takeover proposal from PPG Akzo Nobel declines third takeover proposal from PPG:- Dutch paint maker Akzo Nobel (AKZO.AS) on Monday rejected a third takeover proposal from larger U.S. rival PPG valued at 26.9 billion euros ($29.51 billion)saying it undervalues the company, faces antitrust risks, and does […]
Old guard retail back in the cross hairs A glance at the U.S. stock market's main measure for the health of retailers suggests all is well among those companies in the business of peddling stuff directly to consumers. After all, the $1.16 trillion S&P 500 retail index .SPXRT has climbed […]
From two would be Fed leaders, the central bank needs to change Unemployment is at a decade low, the American economy is growing, and inflation is nowhere in sight, yet for two leading candidates to head the Federal Reserve, the central bank needs shaking up. The Fed is credited by […]
