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    Top headlines for July 18

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  • Lidl eviscerates Kroger for trying to undermine its US launch in new court filing
    Finance
    Business Insider15 hours ago

    Lidl eviscerates Kroger for trying to undermine its US launch in new court filing

    Lidl is firing back at Kroger and denying any wrongdoing after Kroger accused the German-based supermarket of trademark infringement in a recent lawsuit. "Kroger has offered a striking absence of evidence in support of its claims," Lidl said in court papers filed in a Virginia US District Court on Friday.

  • Walmart Is Going to Kick Amazon in the Teeth, so Don't Be Surprised When It Happens
    Business
    The Street17 hours ago

    Walmart Is Going to Kick Amazon in the Teeth, so Don't Be Surprised When It Happens

    Goldman is dead right on its Walmart (WMT) upgrade. But since you are unlikely someone with $50 million in the market and a Goldman analyst a phone call away, allow me to put the upgrade into plain English. Here is why Walmart could come roaring back against Amazon (AMZN) over the next five years: There is a talent infusion happening at Walmart that is driving much faster, much more decisive decision making. While the company certainly still has sleepy areas, the retail behemoth is acting quicker and being bolder. In effect, it is turning into Amazon -- except with over 4,000 U.S. stores in prime locations.  And that brings me to point number two. With its purchase of Whole Foods (WFM)  Amazon sent

  • Millennials Are Making This Huge Mistake When Buying a Home, Say HGTV's 'Property Brothers'
    News
    The Street16 hours ago

    Millennials Are Making This Huge Mistake When Buying a Home, Say HGTV's 'Property Brothers'

    Listen up, millennials. Jonathan Scott and Drew Scott, co-stars of HGTV's "Property Brothers," have some advice for you. "Never be desperate to get into home ownership," said Jonathan Scott. "Because that's a great way to guarantee you'll fail." Many millennials are burdened with student loan and credit card debt making it tough to save for a down payment on a home. "You really need to be diligent that your credit is in line and that you're organized when you get into home ownership," he said. "It means there are a lot of millennials looking to get into home ownership," he said.  Editors' pick: Originally published July 14.