Business

Author: 0 Amazon buying Whole Foods, making strong move into groceries

Under a merger agreement between Amazon and Whole Foods, it will be an all-cash transaction, with the former paying the latter 42 dollars per share, a 27 percent premium to its previous closing price, and the latter to continue to operate stores as a subsidiary of Amazon under the Whole Foods Market brand and source from its trusted vendors and partners around the world.

Business Donald Tusk warns Theresa May there is 'no time to lose'
Author: 0 Donald Tusk warns Theresa May there is 'no time to lose'

The Conservatives have 318 of 650 parliamentary seats, down from 330, and are seeking support from a small Northern Irish party, the Democratic Unionist Party , to support a minority government. Moody's said that the UK's rating would depend upon the outcome of Brexit and fiscal developments given the country's budget deficit and rising public debt.

Author: 0 London Bridge attacker tried to rent larger truck

After leaving the vehicle, the terrorists used 12-inch ceramic knives with pink blades in a stabbing spree. The van was used to mow down the first victims, killing three of them, as it mounted the pavement on the busy bridge last Saturday night.

Author: 0 Cavaliers top Warriors to stay alive in NBA finals

Cavaliers fans were chanting, " Cavs in seven" in the final minutes. The Cavs were determined not to let the Warriors sweep them, and it was Cleveland , not Golden State , which busted Finals scoring records in the first half. But they never got closer. "We're in a great spot and now we have to capitalize", Warriors coach Steve Kerr said. "But last year is last year, this year is this year".

Business Apple HomePod Joins Amazon Echo, Google Home In Smart Speaker Arms Race
Author: 0 Apple HomePod Joins Amazon Echo, Google Home In Smart Speaker Arms Race

A new Siri interface on the Apple Watch will also blend users' calendar information with other useful details, like airline tickets they may have booked, the company said. Some industry insiders, however, note that Apple will be under more pressure to improve the computing smarts of its Siri software in the face of offerings from rivals Google and Amazon .

Author: 0 Apple's HomePod: Superb sound, but how smart?

As expected, the iOS 11 comes with new features and improvement over it's older version. Apple marketing boss Phil Schiller said Apple wanted to combine good speakers with smart speakers you can talk to, referencing Sonos and Amazon Alexa.

Author: 0 Amazon devices chief: HomePod and Echo ain't the same thing

It will work closely with your Apple Music subscription, and will have access to your playlists and a vast 40 million music library, to pull in more recommendations based on listening preferences. Still, the Apple Watch hasn't been a smash hit, fueling worries that the company's ability to transfix customers had waned after the 2011 death of co-founder Steve Jobs.

Business Trump repeats criticism of Germany, Merkel stands by stance
Author: 0 Trump repeats criticism of Germany, Merkel stands by stance

Sure, one of them said after hearing the vice president speak in February in Munich, "all of that's true until the guy's next tweet ". Merkel suggested that Europe's relationship with the USA had shifted significantly following last week's North Atlantic Treaty Organisation and G-7 meetings with President Donald Trump that produced disappointing results, saying May 27 that "the times in which we can fully count on others are somewhat over, as I have experienced in the past few days".

Business Why the Cleveland Cavaliers will win the NBA Finals
Author: 0 Why the Cleveland Cavaliers will win the NBA Finals

They thus became the first team in National Basketball Association history to win at least 65 games in three straight seasons. Although Cleveland won last season, it's hard to dispute Van Gundy. After the game, James commented on his performance with, "I had a tough game, period". I didn't have it. They also had the surprising loss to the Boston Celtics where they blew a huge lead and James finished with just 11 points.

Business Top Palestinian Authority Official Denies Reports of Trump-Led Regional Peace Initiative
Author: 0 Top Palestinian Authority Official Denies Reports of Trump-Led Regional Peace Initiative

He did not specifically mention the two-state solution, long the focus of global peace efforts and US Middle East diplomacy, reported AFP. "I think what President Trump is trying to do is build toward what he really believes is possible, which is some kind of a negotiated agreement eventually in which Israel and Palestine find some way to resolve their differences over a state for Palestine", Sutton said.

Business OPEC and other nations extend output cuts
Author: 0 OPEC and other nations extend output cuts

A surge in USA production, aided by activity in shale fields, has raised concern that the curbs by OPEC and its partners will be undermined. The sterling selloff was seen boding well for British exporters, however. But that disappointed investors betting on longer or larger curbs. Brent crude oil futures plunged 2.50 dollar or 4.63 percent to close at USD 51.46 a barrel at NYMEX.

Business Seoul says NKorean object that drew fire was likely balloon
Author: 0 Seoul says NKorean object that drew fire was likely balloon

The military's radar system initially caught around 10 objects, several of which crossed over the demarcation line to the South and then disappeared from radar shortly after. North Korea conducted two nuclear tests past year. The latest missile test , of a medium-range device that raised eyebrows among security analysts for its advanced fuel capability and potential distance, came on Sunday.

Business US Federal Reserve minutes hint at rate rise next month
Author: 0 US Federal Reserve minutes hint at rate rise next month

It has the momentum to surpass the $1.1300 mark and we could see the rise continue towards $1.1500", said Daisuke Karakama, market economist at Mizuho Bank in Tokyo. economist at J.P. Morgan Chase & Co. The news helped propel Wall Street to a fifth-straight day of gains, with the S&P 500 hitting another record, as the sharp losses suffered last week wiped out.

Business The blame game, ransomware edition: Who's at fault?
Author: 0 The blame game, ransomware edition: Who's at fault?

The precedent may impact other software sellers too. But is the public sector really any worse than the private sector at keeping its IT security up to date and avoiding cybercrime? Claiming that WannaCry is something that experts have been warning about for years, the duo lamented how easy it is to attack operating systems such as Windows XP, which is no longer fully supported by Microsoft.

Author: 0 Ransomware: WannaCry cyber attack may attack Indian banking system soon, says expert

This article is created to answer those questions. Since then, the worm has spread to close to 200,000 PCs worldwide , affecting utility companies and health services including the UK's National Health Service (NHS). Larry Magid, a technology journalist and CEO of ConnectSafely.org, said: "There is some speculation that this code was being stored in the NSA labs, potentially as a cyber weapon that the USA might have used against its own adversaries".

Business Analyst Ratings Buzz: Wal-Mart Stores Inc. (WMT)
Author: 0 Analyst Ratings Buzz: Wal-Mart Stores Inc. (WMT)

The company has a market cap of $227.81 billion, a P/E ratio of 17.15 and a beta of 0.09. Wal-Mart Stores Inc.'s Quick Ratio shows the value of 0.2. Following the completion of the sale, the insider now directly owns 10,507,127 shares in the company, valued at approximately $754,306,647.33. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website .

Business Energy price cap boosted by surge in profit at SSE
Author: 0 Energy price cap boosted by surge in profit at SSE

SSE shares were trading up 1.0% on Wednesday at 1,466.0 pence per share, among the best performers in the FTSE 100. Stripping out exceptional items such as interest costs on net pension liabilities and the removal of taxation on profit from joint ventures and associates, underlying pretax profit rose by 2.1% to GBP1.54 billion.

Business Surprise! Five Guys Is Now America's Favorite Burger Chain
Author: 0 Surprise! Five Guys Is Now America's Favorite Burger Chain

It's one of the biggest players on the burger scene and the latest Harris Poll crown proves it. "Restaurants continue to adapt to the millennial lifestyle, and advancements in ordering methods such as Starbucks" mobile app and Chick-fil-A's "Mom Valet' are likely influencing millennials' higher brand equity scores", Joan Sinopoli, vice president of brand solutions at The Harris Poll, said in a statement.

Author: 0 Ian Poulter to play PGA Championship after European Tour invitation

He was the only player Sunday who didn't make bogey in his round of 3-under 69 for a three-shot victory. Ian Poulter of England (71) and second-round co-leader Louis Oosthuizen of South Africa (73) tied for second at 281 with third-round co-leader Kyle Stanley (75).

Author: 0 'Nervous India can't stop others from joining Belt and Road'

Following India's boycott, Pakistan Prime Minister Nawaz Sharif, taking a veiled swipe at New Delhi's move, said the multi-billion dollar China-Pakistan Economic Corridor (CPEC) was an economic project open to all the nations in the region and it "must not be politicised".

Author: 0 Brazil president taped discussing pay-off for witness in graft probe

Globo did not release the recording or say how it was obtained. Temer acknowledged in a prepared statement that he had met in early March with Joesley Batista, the chairman of meatpacker JBS SA, who according to newspaper O Globo recorded a discussion with Temer about hush money for jailed former House Speaker Eduardo Cunha.

Business Traders Secrets on Micron Technology, Inc. (MU), Freeport-McMoRan Inc. (FCX)
Author: 0 Traders Secrets on Micron Technology, Inc. (MU), Freeport-McMoRan Inc. (FCX)

During the same quarter in the previous year, the company posted ($0.16) EPS. All things being equal, stocks with higher earnings-per-share growth rates are generally more desirable than those with slower earnings-per-share growth rates. A number of analysts recently commented on FCX shares. They issued a "neutral" rating and a $14.00 target price on the stock. The stock of Freeport-McMoRan Inc (NYSE: FCX ) earned "Sell" rating by Citigroup on Tuesday, February 23.

Business FTSE 100 sets another record
Author: 0 FTSE 100 sets another record

The pan-European index's recent gains have seen contributions from German and British blue-chips, with both the Germany DAX 30 DAX, -0.05% and the U.K.'s FTSE 100 UKX, +0.59% logging record closing highs on Monday. This is well above the Bank of England's 2% target. A fall in the pound after inflation figures were released helped lift the index. That's up from $1.0975 late Monday in NY.

Business Netflix have been testing out a weekend price hike
Author: 0 Netflix have been testing out a weekend price hike

May not-but after a decade of rock-bottom pricing on streaming content and establishing a firm stranglehold on pop culture (not to mention an expansion into the world of filmmaking), Netflix has no reason not to make you pay. Netflix lost 800,000 USA subscribers due to the price hike. In April, Netflix signed a deal with iQIYI, one of China's major online video platforms, to stream its original dramas.

Author: 0 Valuable Sizzling Stock of Friday-: The Home Depot, Inc. (HD)

Several research firms have issued reports on HD. BTIG Research increased their price objective on Home Depot from $155.00 to $175.00 and gave the company a "buy" rating in a research note on Monday. Analysts are forecasting The Home Depot, Inc .to report revenue of about $23.72B, versus the 22.76B posted previous year. On Tuesday, the home improvement retailer said first quarter earnings grew 16% to $1.67 a share, easily beating Wall Street forecasts for $1.52 a share.

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