The president said we'll probably end up "terminating" NAFTA at some point. Yahoo Finance’s Seana Smith, Rick Newman & Jen Rogers debate if this is a big mistake.Read More »
WELLINGTON, Fla. (AP) _ KLX Inc. (KLXI) on Wednesday reported fiscal second-quarter net income of $20.7 million. On a per-share basis, the Wellington, Florida-based company said it had net income of 40 cents. Earnings
Only Uncle Sam stands in the way of a $13.7 billion deal that promises to shake up worldwide food distribution. Whole Foods Market Inc. shareholders today approved a buyout by Amazon.com Inc. at $42 per share, one of the final roadblocks to the merger. Federal regulators still have to give their OK. Shareholders at Amazon do not need to vote on the deal. Both companies have major operations in Colorado. Whole Foods (Nasdaq: WFM) has 19 stores across the state and a distribution center in Aurora, while Amazon (Nasdaq: AMZN) operates a "sortation" warehouse in Aurora, is building a fulfillment center there, and recently announced plans for another fulfillment complex in Thornton. It also moved
A Chinese court has ordered three domestic shoemakers to pay more than 10 million yuan ($1.5 million) to New Balance in damages for infringing the U.S. sportswear company's signature slanting logo. The amount of compensation, though small by international standards, is according to lawyers one of the highest to be awarded to foreign companies in trademark disputes in China. The ruling follows a speech by President Xi Jinping last month in which he vowed to punish intellectual property (IP) infringers.