Whole Foods CEO John Mackey says the deal to be acquired by Amazon was the result of a "whirlwind courtship."
Mackey made the remarks during a town hall with Whole Foods employees after the $13.7 billion...
Monday, Jun 19, 2017 at 03:01 PM CDT
Amazon Buys Whole Foods: What That Means for Grocery Prices
Analysts predict big changes for grocers following Amazon’s surprise purchase of Whole Foods, NBC News reported.
But they also say there is a clear winner here: Shoppers.
"This was a very exciting announcement...
Monday, Jun 19, 2017 at 01:26 PM CDT
Time Warner Just Handed Snapchat a $100 Million Lifeline
Snap, the company behind the social media app Snapchat, saw a spike in its shares on Monday after the announcement of a new deal with Time Warner.
The deal is valued at $100 million, people familiar with the...
Monday, Jun 19, 2017 at 09:00 AM CDT
Dow Hits Another Record High at Open as Tech Stocks Bounce
The Dow Jones industrial average continued its march upward Monday, opening at a record high that top's last week's milestone of 21,391.97, CNBC reported.
The S&P 500 opened up 0.4 percent, leaving it just...
Monday, Jun 19, 2017 at 07:14 AM CDT
Suburban City Council to Vote Again on Minimum Wage Hike
The Department of the Treasury's Office of Foreign Assets Control released a series of frequently asked questions regarding President Donald Trump's changes to the U.S. policy toward Cuba Friday, as the...
Welcome to parenthood. You are a proud new father, simultaneously overjoyed and terrified. Since you are now responsible for another human being, you should know that the estimate of what it will cost to...
Thursday, Jun 15, 2017 at 12:07 PM CDT
'White Skittles' for U.K. Pride Month Are Drawing Backlash
An all-white, limited edition of Skittles sold in the U.K. has ignited internet debate over what some critics are calling a tone-deaf marketing scheme to celebrate LGBT Pride month.
Skittles partnered with...
Thursday, Jun 15, 2017 at 10:15 AM CDT
Nike to Cut About 2 Percent of its Global Workforce
Nike has announced a new business structure which includes cutting 2 percent of its global workforce on Thursday, CNBC reported.
The new structure will focus on serving consumers in 12 cities across 10...
The Chinese government has granted preliminary approval for nine Donald Trump trademarks it had previously rejected, in whole or in part, The Associated Press found, a turn that is likely to fuel further...