South Carolina's House speaker said Wednesday the director of a utility regulation agency should be fired over the failure of a nuclear power project. But Gov. Henry McMaster countered that he will not ...
Frank Bottini, Bottini & Bottini managing partner, argues that Blue Apron misled investors while the company prepared for its IPO.
WASHINGTON/SAN FRANCISCO, Aug 23 (Reuters) - Amazon.com Inc and Whole Foods Market Inc on Wednesday cleared two major hurdles needed to close Amazon's $13.7 billion acquisition of the natural grocery chain, with approvals from a U.S. competition regulator and Whole Foods shareholders. The U.S. Federal Trade Commission, in clearing the planned acquisition, said in a statement that it opted not to pursue its investigation further after reviewing whether the deal would substantially lessen competition or constituted an unfair method of competition. Also on Wednesday, Whole Foods shareholders approved the proposed sale to Amazon.
Jim Cramer sat down with PVH President and CEO Manny Chirico after earnings to get his take on the retail environment.
Uber Technologies Inc [UBER.UL] on Wednesday reported a 16 percent increase in quarterly bookings and a smaller loss than the previous period as the ride-services company showed signs of inching towards profitability. The shrinking losses reflect Uber's efforts to rein in massive spending on subsidies for both drivers and customers even as it battles rivals in tough markets like South Asia. The San Francisco-based company said it lost $645 million in the second quarter, 9 percent less than the $708 million loss in the first quarter and 35 percent less than the $991 million loss in the fourth quarter of last year.
WASHINGTON/NEW YORK, Aug 23 (Reuters) - President Donald Trump's fellow Republicans rebuked him on Wednesday after his threat to shut down the U.S. government over funding for a border wall rattled markets and cast a shadow over congressional efforts to raise the country's debt ceiling and pass spending bills. "I don't think anyone's interested in having a shutdown," the top Republican in Congress, House of Representatives Speaker Paul Ryan, told reporters on Wednesday in Hillsboro, Oregon, where he visited an Intel factory.
