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(Bloomberg) -- Amazon.com Inc. plans to launch a new supermarket brand distinct from the Whole Foods Market chain the company acquired two years ago, a sign of the retail giant’s hunger for a slice of the grocery market beyond high-end organic food.The company has posted four job listings for “Amazon’s first grocery store” in the Woodland Hills neighborhood of Los Angeles. An Amazon spokeswoman confirmed the listings, and said the store would open in 2020. The brand will be distinct from Whole Foods and will have a conventional checkout line, unlike the company’s cashierless Amazon Go convenience stores, she said. Amazon’s plans for the store were reported earlier Monday by CNET.The e-commerce company purchased Whole Foods in a splashy $13.7 billion deal two years ago, but has yet to make much headway in the $900 billion U.S. grocery industry. The Whole Foods brand, finicky about what is allowed on store shelves...
Boeing Co said Monday it now expects its grounded 737 MAX to resume commercial service in January as it works to address questions from regulators over its documentation for revisions to the plane's software. American Airlines and Southwest Airlines said Friday they were pushing back the resumption of flights because of the 737 MAX grounding until early March. Last week, Reuters reported that U.S. and European regulators had not been able to complete a software documentation audit in Cedar Rapids, Iowa of the 737 MAX because of significant gaps and substandard documents....
Boeing Co on Monday said it expected U.S. regulators to approve the return to commercial service of its grounded 737 MAX jet in the coming weeks, and its shares jumped as investors grew more hopeful the planemaker had addressed software problems at the heart of two fatal crashes. Boeing said it expected the U.S. Federal Aviation Administration (FAA) to issue an order approving the plane's return to service next month, but added it now expected commercial service to resume in January. Boeing shares rose 5% on the company's outlook....
They have a Graham Blended Multiplier of less than 22.5 Continue reading......
Former Education Department official A. Wayne Johnson stated he will run for senate of Georgia to focus on eliminating student debt. He joins Yahoo Finance’s Adam Shapiro, Julie Hyman, Andy Serwer and Aarthi Swaminathan to discuss his decision on On The Move....
While it may not be enough for some shareholders, we think it is good to see the Globus Maritime Limited (NASDAQ:GLBS......
Tesla Inc (NASDAQ: TSLA ) shares rose Monday after Jefferies boosted its target price on the stock along with a boost in its EBIT and per share earnings estimates in anticipation of revenue and earnings ......
