• Kroger paying $247M to license Ocado online home-delivery technology
Kroger paying $247M to license Ocado online home-delivery technology

America's largest supermarket chain, said Thursday it is spending $247 million to license exclusively the home-delivery technology of Britain's Ocado Group online supermarket. "The company now has an extremely credible partner in the largest grocery market in the world". Competition from Amazon and discounters such as Lidl saw its share price ...

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  • Oil sticking to high points, WTI getting comfortable around $71
Oil sticking to high points, WTI getting comfortable around $71

The biggest unknown for the oil market now is the impact of US sanctions on Iran , which are being reimposed after President Donald Trump abandoned an worldwide nuclear accord with the country, the world's fifth-largest oil exporter. It is unclear how USA sanctions will affect Iranian oil. Record output from the USA pushed non-Opec supplies up b...

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  • Senate narrowly passes net neutrality CRA, sending fight to the House
Senate narrowly passes net neutrality CRA, sending fight to the House

Democrats in the Senate could prevail in a vote as they have at least 50 votes with all of their party on board, plus Sen. The bill is now headed to the House of Representatives, where Democrats must convince at least 25 Republicans to cross the aisle in a similar simple majority vote.

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  • Tesla on autopilot hits firetruck; Elon Musk announces reorganization
Tesla on autopilot hits firetruck; Elon Musk announces reorganization

Elon musk has made a name for himself across multiple industries, but he is perhaps most famous for his contributions to Tesla. On Twitter , co-founder Elon Musk said it was "super messed up" that the incident was garnering public attention, while thousands of accidents involving traditional automobiles "get nearly no coverage".

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  • Amazon, Seattle Employers Face New Tax to Curb Homelessness
Amazon, Seattle Employers Face New Tax to Curb Homelessness

However, with Mayor Jenny Durkan threatening to veto the tax because she was concerned about its impact on employment, the measure had to be watered down to pass. Underlying all of this is the fact that Seattle really does have a serious problem with homelessness, one that is driving even some long-time residents away from the city.

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  • Nxp Semiconductors NV (NXPI) Holding Boosted by Farallon Capital Management Llc
Nxp Semiconductors NV (NXPI) Holding Boosted by Farallon Capital Management Llc

Technology and Semiconductor - Broad Line are moving forward and NXP Semiconductors N.V.'s efforts may transfer some benefits to them too. NXPI outperformed by 6.18% the S&P500. (NYSE:T). Cibc Ww Mkts holds 0.47% of its portfolio in AT&T Inc. Annex Advisory Services Llc increased its stake in At&T Inc (T) by 38.61% based on its latest 2017Q4...

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  • Gap apologises for China map T-shirt that didn't show Taiwan
Gap apologises for China map T-shirt that didn't show Taiwan

Taiwan's foreign ministry said in a statement it was "deeply concerned" about Air Canada's move to refer to Taiwan as part of China on the booking website. An apology was issued by Marriott saying that it respected and supported the sovereignty as well as territorial integrity of China. Other US companies which have issued apologies for simila...

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  • Notable Runner- Valeant Pharmaceuticals International, Inc. (VRX)
Notable Runner- Valeant Pharmaceuticals International, Inc. (VRX)

The company announced the name change alongside its first-quarter results on Tuesday. EPS growth estimate for this year is set at 158.60%.The earnings per share (EPS) formula is stated as earnings available to common shareholders divided by number of common stock shares outstanding.

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  • Amazon Go Stores Are Coming to Chicago and San Francisco
Amazon Go Stores Are Coming to Chicago and San Francisco

As many as six stores could open this year, according to Recode . We reached out to Amazon to confirm the openings and get more details about location and timing. The retailer has been billing it as the first cashierless convenience store in the world. Customers, who need to have Amazon's Go smartphone app, swipe their phone on the way into ...

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  • Xerox cancels merger with Fujifilm
Xerox cancels merger with Fujifilm

The judge in late April sided with Icahn and Deason and temporarily blocked Xerox's proposed deal with Fujifilm. Your selection ends months of infighting, for example a significant boardroom clearout . As part of the settlement, Xerox and Icahn agreed to withdraw their board candidates from the upcoming shareholder meeting, and said the meetin...

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  • The Tesla drone crashed into a truck at a red light
The Tesla drone crashed into a truck at a red light

There was no indication the Tesla's driver was under the influence of any substance, and information on what the driver may have told investigators about the circumstances of the crash likely would not be available before Monday, Winkler said by telephone.

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  • North Dakota has 1st illness related to bad romaine lettuce
North Dakota has 1st illness related to bad romaine lettuce

Centers for Disease Control and Prevention . North Dakota'sDepartment of Health did not provide any details about the age or gender of the person confirmed as being an outbreak case. "The restaurants reported using bagged, chopped romaine lettuce to make salads". North Dakota Health Department epidemiologist Laura Cronquist says it's not known ...

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  • Flipkart-Walmart deal: Here's how offline retail firms could benefit
Flipkart-Walmart deal: Here's how offline retail firms could benefit

The third major party in the e-commerce battle in India is Paytm, and now, their official reaction has come in. E-commerce firm Flipkart has sought to assure its 150,000 sellers of operational continuity, amid fears of Walmart's private labels hogging digital shelf space as a result of the U.S.

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  • 76ers look to stay alive against Celtics
76ers look to stay alive against Celtics

Game 7 (if necessary): Cleveland at Boston , Sunday, May 27 at 8:30 p.m. The entire fourth quarter was a nailbiter. It might have been more ideal for Boston if Smart had made the first free throw and missed the second, potentially creating an offensive rebound or forcing a rushed Sixers' possession.

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  • Oil Prices Hit Highest Level Since 2014
Oil Prices Hit Highest Level Since 2014

We have heard this before, but it comes at a critical time as the showdown with the USA, and the high likelihood that there will be new sanctions on Iran, means that the global oil market will be caught short. Saudi Arabian energy minister Khalid al-Falih said he was concerned about possible shortages of spare crude production capacity. "If C...

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  • Facebook to allow you to clear your history
Facebook to allow you to clear your history

Of that, around half is from online dating. For everyone who's looking for that special someone, this could mean you have yet another resource. As a whole, Americans are more tolerant of hate speech than others in the world; however, this does not and should not permit Facebook to turn a blind eye to the copious amounts of hate speech the Black...

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  • USA hiring modest, jobless rate dips to 3.9%
USA hiring modest, jobless rate dips to 3.9%

Employers added 164,000 jobs, slightly below what economists were expecting but better than a comparatively sluggish March. In April, the unemployment rate edged down to 3.9 percent, following 6 months at 4.1percent. That is good news for oil-patch states that saw some uptick in foreclosures after the industry was hammered by lower oil prices. ...

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  • Recommendation Trends for Investors: Express Scripts Holding Company (ESRX)
Recommendation Trends for Investors: Express Scripts Holding Company (ESRX)

Calamos Ltd holds 0.04% of its portfolio in Express Scripts Holding Company (NASDAQ: ESRX ) for 104,451 shares. It has underperformed by 2.62% the S&P500. BidaskClub lowered shares of Express Scripts from a "buy" rating to a "hold" rating in a research report on Wednesday, March 14th. At current levels, shares have been seen trading -0.07% away f...

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  • Accesso Technology Group (ACSO) Gains
Accesso Technology Group (ACSO) Gains "Purchase" Rating from Peel Hunt

Peel Hunt maintained the shares of GYM in report on Monday, March 13 with "Buy" rating. On Monday, November 20 the firm earned "Sell" rating by Liberum Capital. 94,000 are owned by Gabelli Funds Lc. The United Kingdom-based Glg Prtn Lp has invested 0.01% in PRGX Global, Inc. Fifth Third Comml Bank reported 935 shares.

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  • Xiaomi files for a $10bn stock market listing in Hong Kong
Xiaomi files for a $10bn stock market listing in Hong Kong

Previously, it was reported that Xiaomi was eyeing a $10 billion IPO , so we will have to wait on this in the future. Xiaomi said in a disclosure to Hong Kong Exchanges that it meant to use the capital raised as investments into the Xiaomi ecosystem in "certain product areas, global expansion, and for R&D".

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