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Dick's Sporting Goods proved that corporations can lead on gun control. Is that a good thing? - Salon

Wed, 06/13/2018 - 6:10pm

Salon

Dick's Sporting Goods proved that corporations can lead on gun control. Is that a good thing?
Salon
In the wake of the February shooting at Marjory Stoneman Douglas High School in Parkland, Florida, surviving students and parents of the deceased banded together and adopted a determined mantra: “This time must be different.” The urgency, organization ...

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UPDATE: Texas Raising Cane's, Whataburger locations affected by bread quality control issues - Austin American-Statesman

Wed, 06/13/2018 - 6:07pm

Austin American-Statesman

UPDATE: Texas Raising Cane's, Whataburger locations affected by bread quality control issues
Austin American-Statesman
5:07 p.m. UPDATE: Raising Cane's is also experiencing a bread quality issue, at least at some stores in North Texas. A Wednesday tweet from Fox 4's Brandon Todd shows a picture of a printed sign taped to a Cane's drive through in Fort Worth. “SORRY, NO ...

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Kroger closing all its stores in 'oversaturated' North Carolina market, 1500 losing jobs - Atlanta Journal Constitution

Wed, 06/13/2018 - 4:37pm

Atlanta Journal Constitution

Kroger closing all its stores in 'oversaturated' North Carolina market, 1500 losing jobs
Atlanta Journal Constitution
Kroger is reportedly closing 14 stores in North Carolina where 1,500 employees work, according to media reports. >> Read more trending news. Jerry Clontz, president of the Mid-Atlantic Division, told TV station WRAL of Raleigh that Kroger is closing ...

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Whole Foods CEO says he's 'not afraid to get fired' over disagreements with Amazon - The Verge

Wed, 06/13/2018 - 1:56pm

The Verge

Whole Foods CEO says he's 'not afraid to get fired' over disagreements with Amazon
The Verge
Whole Foods co-founder and CEO John Mackey alluded to recurring tensions between the supermarket chain and parent company Amazon during a company-wide meeting on Tuesday. Business Insider obtained audio of his remarks. Mackey seemed ...
Whole Foods CEO John Mackey says he stands his ground against AmazonCNBC
How Whole Foods Gives Amazon a BoostWall Street Journal
5 things Amazon Prime members should know to save at Whole Foods in ArizonaAZCentral.com

all 42 news articles »

VW fined one billion euros by German prosecutors over emissions cheating - Reuters

Wed, 06/13/2018 - 1:14pm

Reuters

VW fined one billion euros by German prosecutors over emissions cheating
Reuters
BERLIN (Reuters) - Volkswagen (VOWG_p.DE) was fined 1 billion euros ($1.18 billion) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by German authorities against a company, public prosecutors said on ...
Germany fines Volkswagen $1.2 billion over diesel scandalCNNMoney
Volkswagen agrees to $1.2-billion diesel-emissions fine from German prosecutorsLos Angeles Times
Diesel emissions scandal: VW fined €1bn by German prosecutorsBBC News
MarketWatch -Fox Business
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Stocks Mixed as Wall Street Awaits the Fed's Decision on Interest Rates - TheStreet.com

Wed, 06/13/2018 - 12:52pm

TheStreet.com

Stocks Mixed as Wall Street Awaits the Fed's Decision on Interest Rates
TheStreet.com
The Federal Reserve is expected Wednesday to increase interest rates by a quarter of a percentage point. The announcement from the Fed is scheduled for 2 p.m. ET. The Producer Price Index for May rose 0.5% in May, higher than estimates. The Nasdaq ...
Wall Street edges higher as Fed decision loomsReuters
US Stocks Little Changed Ahead of Fed DecisionWall Street Journal
Stocks- Wall Street Inches Up Ahead of Fed MeetingYahoo Finance
Forbes
all 56 news articles »Google News

Volkswagen fined $1.18B for diesel emissions cheating - Fox Business

Wed, 06/13/2018 - 12:21pm

Fox Business

Volkswagen fined $1.18B for diesel emissions cheating
Fox Business
Dieselgate may be coming to an end. Continue Reading Below. German prosecutors have fined the automaker 1 billion euros ($1.18 billion) on Wednesday for cheating on diesel emissions tests. Volkswagen said it will accept the fine, therefore admitting ...

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On Amazon's Time - Gizmodo

Wed, 06/13/2018 - 12:15pm

Gizmodo

On Amazon's Time
Gizmodo
At the beating heart of Amazon's unstoppable ecommerce expansion is a very basic promise: jobs. When a Fulfillment Center opens, the expectation is that anywhere from 1,000 to 2,200 positions will become available overnight, each providing 40 hours of ...

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Kroger closing all 14 stores in Raleigh, Durham - WTVD-TV

Wed, 06/13/2018 - 12:10pm

Kroger closing all 14 stores in Raleigh, Durham
WTVD-TV
Kroger announced Wednesday it will be closing all 14 stores in Raleigh and Durham mid-August. "After a thorough evaluation of the market for a significant time period, we have decided to close our stores in the highly competitive Raleigh-Durham market ...

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Kroger to close all its stores in the Triangle; 1500 workers affected - News & Observer

Wed, 06/13/2018 - 12:07pm

News & Observer

Kroger to close all its stores in the Triangle; 1500 workers affected
News & Observer
National grocery chain Kroger announced Wednesday that it would be closing its stores in the Triangle. The Cincinnati-based grocer, which owns regional grocer Harris Teeter, said it would be closing a total of 14 stores by Aug. 14. The company said ...
Kroger plans to exit one of its marketsCincinnati Business Courier
Kroger to close 14 stores outside OhioDayton Daily News

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TV, telecom and media companies' sluggish sales numbers create an urge to merge - MarketWatch

Wed, 06/13/2018 - 11:09am

TV, telecom and media companies' sluggish sales numbers create an urge to merge
MarketWatch
The entire media, content-creation, and distribution and telecommunications complex in the U.S. is in play because of slowing growth among some of the biggest companies. And Tuesday's regulatory approval of AT&T's T, -4.27% $85 billion agreement to ...

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H&R Block shares plunge nearly 20% after new tax law takes 'bite' out of profit forecast - CNBC

Wed, 06/13/2018 - 10:48am

CNBC

H&R Block shares plunge nearly 20% after new tax law takes 'bite' out of profit forecast
CNBC
Investors are panicking over H&R Block's new financial guidance. The shares of the tax preparation company declined 19 percent in early trading Wednesday, a day after it gave a sale guidance range of $3.05 billion to $3.1 billion for its fiscal 2019 ...
Here's Why H&R Block Stock Is Down 20% TodayMotley Fool
H&R Block closing 400 locations, lowers outlookWPLG Local 10
H&R Block Tanks as Revenue Expectations Hit by New Tax LawTheStreet.com
Kansas City Business Journal -Bloomberg -Yahoo Finance -Motley Fool
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Trump renews fight with OPEC over 'too high' oil prices - Politico

Wed, 06/13/2018 - 8:34am

Politico

Trump renews fight with OPEC over 'too high' oil prices
Politico
President Donald Trump complained Wednesday that “oil prices are too high,” placing blame for the spike on the Organization of Petroleum Exporting Countries, the cartel that collectively controls a massive share of the world's oil reserves. “Oil prices ...
Crunch Time For OPECSeeking Alpha
Doubts Over OPEC Weigh on Crude PricesWall Street Journal

all 161 news articles »

US Producer Prices Rose in May - Wall Street Journal

Wed, 06/13/2018 - 8:34am

Wall Street Journal

US Producer Prices Rose in May
Wall Street Journal
WASHINGTON—A gauge of U.S. business prices rose in May, the latest sign that inflation pressures in the economy are firming. The producer-price index, a measure of the prices businesses receive for their goods and services, rose a seasonally adjusted ...
US producer price index rose 0.5% in May, vs 0.3% increase expectedCNBC
US Producer Prices Climb More Than Forecast on Fuel CostsBloomberg
Wholesale inflation surges in May due to higher oil prices, PPI showsMarketWatch
Arkansas Online -Financial Times
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Wholesale inflation surges in May due to higher oil prices, PPI shows - MarketWatch

Wed, 06/13/2018 - 8:32am

Wholesale inflation surges in May due to higher oil prices, PPI shows
MarketWatch
The numbers: Wholesale costs in the U.S. surged in May against the backdrop of rising oil prices, adding upward pressure on inflation in a steadily growing economy marked by supply bottlenecks and a growing shortages of skilled labor. The producer ...

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Auto firms are at risk of extinction in the UK after Brexit, business chief says - CNBC

Wed, 06/13/2018 - 8:16am

CNBC

Auto firms are at risk of extinction in the UK after Brexit, business chief says
CNBC
The U.K. car industry risks becoming extinct after Brexit, according to the president of a prominent business lobby group. Paul Dreschler from the Confederation of British Industry (CBI) claimed Wednesday that U.K. lawmakers had failed to help ...
Brexit could make UK car industry 'extinct'CNNMoney
Brexit could make UK car sector 'extinct': business lobbyPhys.Org

all 23 news articles »

Seattle Repeals Tax On Big Business After Opposition From Amazon, Starbucks - NPR

Wed, 06/13/2018 - 7:24am

NPR

Seattle Repeals Tax On Big Business After Opposition From Amazon, Starbucks
NPR
In a victory for Amazon, the Seattle City Council voted to repeal a tax on the city's biggest businesses Tuesday, a measure designed to fund efforts to combat Seattle's large homeless population. In a meeting punctured with shouting from activists ...
Will Amazon's work to kill Seattle tax spook other cities?Business Insider

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Bitcoin is slipping after a study claiming its 2017 bull run was driven by market manipulation - Business Insider

Wed, 06/13/2018 - 7:07am

Business Insider

Bitcoin is slipping after a study claiming its 2017 bull run was driven by market manipulation
Business Insider
Bitcoin fell 2% on Wednesday after a new academic paper was published claiming bitcoin's price run to December last year was driven by manipulation. The University of Texas paper alleges that exchange Bitfinex may have used Tether, a cryptocurrency it ...

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Free Taco Bell Tacos Coming Wednesday – Thanks to the Golden State Warriors! - wnep.com

Wed, 06/13/2018 - 6:44am

wnep.com

Free Taco Bell Tacos Coming Wednesday – Thanks to the Golden State Warriors!
wnep.com
Are there any two words better than “free taco”? We all have the Golden State Warriors to thank on Wednesday, because Taco Bell will be giving away free Doritos Locos Tacos at participating locations. The Warriors “stole” Game 3 of the NBA Finals from ...

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Tesla Is Coming to Its Financial Senses. That Has Its Own Risks. - New York Times

Wed, 06/13/2018 - 6:28am

New York Times

Tesla Is Coming to Its Financial Senses. That Has Its Own Risks.
New York Times
Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them. ______. Tesla, the electric car company defined by the moonshot mentality of its C.E.O., Elon Musk, has started to act with ...
Tesla Shares Are Rising On MisinformationSeeking Alpha
Elon Musk on Twitter: "Difficult, but necessary Tesla reorg underway. My email to the company has already leaked to ...Twitter
Why Tesla, Sage Therapeutics, and Lands' End Jumped TodayMotley Fool
24/7 Wall St. -Zacks Investment Research -Seeking Alpha
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