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Whole Foods has posted seven straight quarterly sales declines at established stores and recently overhauled its board of directors in the face of pressure from activist hedge fund Jana Partners LLC. Shoppers simply pick the items they want off the shelves and leave the store. With this strategy, Amazon is planning to make the prices competitive and attract "more low- and middle-income shoppers" to its retail stores, which may still be located in posh localities.
  • USA attorneys general file lawsuit against Trump over his business empire

    Money

    According to them, Trump repeatedly and continues to violate the Foreign and Domestic Emoluments Clauses through payments obtained from leases of Trump properties held by foreign-government entities, hotel accommodations, restaurant purchases, use of venues for events, and purchases of other goods and services by foreign governments and diplomats at hotels, restaurants, and other domestic and global properties licensed, owned, or operated by the President.
  • North Korea releases US citizen Otto Warmbier

    North Korea releases US citizen Otto Warmbier

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    Otto Warmbier was arrested in January of 2016 at Pyongyang's airport while on his way home from a visit to North Korea . Instead, the administration credited the release to its diplomatic intervention. Following the May meeting in Oslo , North Korea urgently requested another meeting, which took place last week between the US envoy on North Korea, Joseph Yun , and the North's ambassador at the U.N.in NY.
  • Could privatizing air traffic control cost passengers more?

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    Instead of taxes, the outfit would be funded by user fees, which is how Canada has financed air-traffic services since 1996. A similar FAA proposal two years ago died on the House floor, but Shuster said he believes Trump's election proves taxpayers want outside-the-box thinking, and Democrats would see value in a broader infrastructure package that might link some of the cities they represent.
  • Theresa May's speech in full on forming Government with DUP

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    May's party took the most parliamentary seats - 318 - in the UK's snap election that she called in April, but it failed to secure enough support to form a majority government, falling short of the required 326 parliamentary seats. Mrs May has faced calls to quit from within her own party, with Anna Soubry saying she should consider her position after a "disastrous" campaign and Nigel Evans saying "things needs to change" in her dealings with the party.
  • Apple Joins Smart-Speaker Race With Music-Focused 'HomePod'

    Apple Joins Smart-Speaker Race With Music-Focused 'HomePod'

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    This always happens during a product announcement, and Apple's pricing is always a hot topic during these events. End-February 2017, Apple finally addresses its most visually controversial product from 2013, the Mac Pro, also dubbed as the "dustbin shaped Mac".
  • Openings statements set in murder retrial of Ohio officer

    Openings statements set in murder retrial of Ohio officer

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    Opening arguments are set for Thursday morning at a county courthouse in Cincinnati . Jury selection in OH is moving slowly in the retrial of a white former police officer charged with murder in the 2015 death of a black unarmed motorist.
  • US Stockpile Keeps Oil Prices Down

    US Stockpile Keeps Oil Prices Down

    Money

    USA crude stockpiles, however, have consistently fallen for eight straight weeks, which had prompted some to suggest that the long-awaited effects from OPEC efforts to reduce world supply were materializing. " Qatar is. committed to the supply cut decision and its compliance ratio ranges between 93 and 102 percent", he said. Moreover, data from industry group the American Petroleum Institute had suggested on Tuesday that USA crude inventories fell by 4.6 million barrels.
  • Trump's Latest Move Sets Oil Prices Down

    Money

    Brent for August settlement dropped as much as 90 cents, or 1.8 percent, to $49.73 a barrel on the London-based ICE Futures Europe exchange. Trump's withdrawal from the Paris agreement, the landmark 2015 global pact to fight climate change, drew condemnation from Washington's allies and many in the energy industry - and sparked fears that US oil production could expand more rapidly than it is now.
  • Cuomo: NY state will keep Affordable Care Act protections

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    It is unclear what he will do, though it is noteworthy that he has always been a staunch supporter of the expanded Medicaid program the Affordable Care Act created. "Even under Obamacare, these people never qualified". The community health center has added 130 jobs since 2010, expanded buildings and renovated programs.
  • Australia holds rates at record low, signals weak growth

    Australia holds rates at record low, signals weak growth

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    The central bank left the cash rate at a record low 1.5 per cent at Tuesday's monthly board meeting, noting annual growth was expected to have slowed in the March quarter. "The last thing the RBA wants is another surge in house price growth, fuelled by unsustainable growth in household leverage", he said. Recent evidence suggests the risks to both are finely balanced.
  • Dakota Access pipeline expected to begin shipping Thursday

    Dakota Access pipeline expected to begin shipping Thursday

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    Law enforcement and pipeline developer Energy Transfer Partners say safety was the top priority. The controversial Dakota Access pipeline has started carrying oil between North Dakota and IL, its owner said Thursday. The project caught worldwide attention in the latter half of 2016 due to large protests against it by American Indian and environmental activists at a spot near the Standing Rock Sioux reservation and the North Dakota lake.
  • J.Crew gets new CEO; Mickey Drexler still chairman

    Money

    Crew . "I am relaxed-ish", Drexler, 72, said of the transition. That might partially explain the shake-up, but we wouldn't blame Drexler and Lyons for wanting a break from a retailer of J.Crew's scale, either. Most famous for his revival of The Gap in the 1990s-bringing it from a $400 million company to a $14 billion retail powerhouse-in 2002 he was abruptly fired.
  • White House Defends Trump Criticisms of London Mayor

    White House Defends Trump Criticisms of London Mayor

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    Trump had faced a barrage of criticism on Sunday over an earlier Tweet that said: "At least 7 dead and 48 wounded in terror attack and Mayor of London says there is 'no reason to be alarmed!'". The White House on Monday denied suggestions from US reporters that Trump "picked a fight" with Khan "because he was Muslim". While attending a fundraiser for Rep.
  • UK Labour chief challenges May to debate as race tightens

    Money

    A noisy and ill-tempered TV election debate began and ended with Jeremy Corbyn and the UK's minor parties condemning Theresa May for failing to turn up. The final comments came from Ms Rudd, who sought to point out the strength and consistency of the Tories in the face of Brexit. She replied: "The truth is we are fighting to win and we are fighting to win with a majority".