Amazon expands Prime discounts to all Whole Foods stores this week
Earlier this year, Amazon began offering Whole Foods discounts to Prime
Breadner now carrying Hyundai Translead trailers
U.S. Supreme Court backs American Express in merchant fee dispute
The U.S. Supreme Court on Monday sided with American Express Co and against 11 states, ruling that the company's policy of forbidding merchants from encouraging customers to use rival credit cards with lower fees does not violate federal antitrust law. Spurning states that had sued American Express, the justices upheld a lower court decision that had cleared the company of unlawfully stifling competition through so-called anti-steering provisions in its contracts with merchants. Shares of American Express moved higher after the ruling and were last up 2.2 percent at $99.41.
Harley-Davidson to move some production out of U.S. to avoid EU tariffs
The shift in production is an unintended consequence of U.S. President Donald Trump's administration imposing tariffs on European steel and aluminum early this month, a move designed to protect U.S. jobs.
Trump considering new restrictions on Chinese tech investments
President Trump's Treasury Department is reportedly working on a plan to limit Chinese investment in US tech firms. Yahoo Finance's Alexis Christoforous and Rick Newman discuss what it means.
AT&T buys online ad marketplace AppNexus, GE to sell off industrial engine unit, Harley-Davidson moving production
AT&T, General Electric, Harley-Davidson, Apple and Molson Coors are the companies to watch.
Advent to acquire GE’s distributed power business for $3.25 billion
U.S. buyout group Advent has agreed to buy General Electric's (GE) (GE.N) distributed power operations for $3.25 billion, the companies said on Monday. GE had put the unit, which includes the reciprocating gas engine brands GE Jenbacher and Waukesha, up for sale to bolster its finances. The U.S. conglomerate had announced plans to divest about $20 billion in assets as part of a three-year restructuring plan, hoping to book as much as $10 billion in proceeds from selling industrial assets this year.