Investigators say a sports agent violated sports agent laws by providing more than $20,000 in cash and benefits to Greg Little
Kroger Co. (NYSE: KR) has launched its own home delivery service in Greater Cincinnati for the first time. It began a pilot program at two local stores, in Sharonville and in Whitewater Township on the West Side, Kroger spokeswoman Patty Leesemann told me. Kroger told customers over the weekend about the service’s availability. Kroger is partnering with Grocery Runners, a locally based grocery delivery service founded by Bryan Melendez in January 2016. Grocery Runners has been delivering groceries to customers who ordered through Kroger’s ClickList online order and customer pickup service since then. But now Kroger has formed a relationship with Grocery Runners to customers and order directly
E-books abound for reading, but when it comes to taking notes and studying academic papers, there are limited alternatives to the good-old pen and paper. Isaac Lee, founder and CEO of South Korea's Flexcil, found that although there are plenty of note taking and editing apps for the general user, there wasn't a version that specifically caters to the needs of university students. The inspiration for Flexcil came from Lee's own experience as a graduate student, he told ZDNet.
It's not -- this type of arrangement is called "passive income" and is actually quite common. Passive income is money that keeps coming in without your having to do any further work. Most types of passive income require you to either make a purchase or put in some work initially, but after that, you don't have to do anything further to keep getting paid.
Fast food chain McDonald's said on Monday it planned to shut all 169 of its restaurants in India's northern and eastern regions, escalating a dispute with its local partner and potentially putting thousands of workers out of jobs. The U.S. company said it was "compelled" to take the action because its partner Connaught Plaza Restaurants Pvt Ltd (CPRL) had breached the terms of their franchise agreements. Vikram Bakshi, managing director of CPRL, told Reuters the decision came as a "big shock" and the company was studying all its legal options.
Just one week after Tesla Inc.’s much-ballyhooed $1.8 billion bond issue and the notes are trading underwater, leading some to question the pricing of the deal. The 5.3% notes due 2025 last traded at 97.50 cents on the dollar, according to MarketAxess, after touching a low of 97.375 cents during Friday’s session. The high-yields bonds were reported to have attracted strong demand, with the underwriter Goldman Sachs increasing the size from an original $1.5 billion. Investors appeared to find comfort in Tesla’s TSLA, -3.03% market capitalization of $57.9 billion, which makes it the nation’s biggest car company measured by that metric. General Motors Co. GM, +0.33% currently has a market cap
Francesca’s Holdings Corp. (Nasdaq: FRAN) announced Aug. 21 that Laurie Hummel, executive vice president and chief merchandising officer, has left the company after less than two years. The Houston-based specialty retailer did not disclose the reason for Hummel's departure, but the company has already begun a search for a new chief merchant, according to a press release. “We have a lot of talent in our merchandising team and are confident in their ability to execute our strategy as we search for a new chief merchant,” Steven Lawrence, Francesa’s CEO and president, said in the release. “We wish Laurie well in her future endeavors.” Hummel joined Francesca's in November 2015. Previously, she spent
Foot Locker and Finish Line are in danger of losing market share to Amazon. Foot Locker and Finish Line also have a large presence in malls that have lost anchors Macy's and J.C. Penney. Retailers across America have been closing stores in droves this year amid years of declines in sales and customer traffic and an increasing threat from Amazon.
Vocus Communications has announced that takeover proposals from Kohlberg Kravis Roberts & Co (KKR) and Affinity Equity Partners have been terminated following the telecommunications carrier announcing that it had missed its net profit guidance for FY17. "Throughout the due diligence process, the bidders indicated support for management's strategic plans and transformation program," Vocus said in a statement to the Australian Securities Exchange (ASX) on Monday morning. Vocus had last week announced that its unaudited underlying earnings before interest, tax, depreciation, and amortisation (EBITDA) would be within its guidance of AU$365 million to AU$375 million, and its net debt position would also be in line with forecasts, at AU$1.092 billion.
By tying up funds in fixed savings bonds, customers can guarantee the rate for the term and protect themselves against future cuts. The best deals are unlikely to be around for long so it's advisable to act fast when you find a suitable account. Savers who have used up their cash Isa subscription for this tax year (£20,000), and want to deposit any extra savings into fixed-rate bonds or easy-access savings accounts, should read this guide (which will be updated as deals change) to find out the best rates on offer.
A wealthy family with homes around the world is looking for an experienced nanny in London. "We are looking for a highly qualified nanny who has a degree in child psychology, no children of their own and a minimum of 15 years of nannying experience," the mother of the family wrote in an ad on Childcare.co.uk. The ideal candidate should be trained in self-defense, but the parents will pay for the successful candidate to receive training if they aren't martial arts experts already.
LOBNYA, Russia (AP) — "Old, fat and ugly" is what Yevgeniya Magurina jokingly calls a group of flight attendants of Russia's flagship airline Aeroflot who she claims have been sidelined in an apparent drive to make the cabin crew younger and more physically attractive. A Moscow court is due to rule on Tuesday in Magurina's lawsuit against Aeroflot in which she maintains she was taken off the sought-after long-haul international flights because of her looks. The flight attendant's claim, which triggered a wave of support as well condemnation, has put the spotlight on how women in modern Russia are still often judged by their physical appearance.
With Monsanto Co's latest flagship weed killer, dicamba, banned in Arkansas and under review by U.S. regulators over concerns it can drift in the wind, farmers and weed scientists are also complaining that confusing directions on the label make the product hard to use safely. Dicamba, sold under different brand names by BASF and DuPont , can vaporize under certain conditions and the wind can blow it into nearby crops and other plants. The herbicide can damage or even kill crops that have not been genetically engineered to resist it.
This represents a rare blow to Buffett, who avoids bidding wars for companies and had swooped in two months ago to buy Oncor after Texas regulators blocked two previous attempts by Energy Future to sell it. Energy Future, which has been in bankruptcy since 2014, had initially planned to seek court approval on Monday for the sale of Oncor to Berkshire for $9 billion over opposition from its biggest creditor, hedge fund Elliott Management Corp. Instead, Energy Future lawyer Chad Husnick told the court the Dallas-based company had decided to "pursue another path" with Sempra because of the value of the bid, a lower break-up fee and, most importantly, support from Elliott.
International offshore drilling company SeaDrill Limited SDRL is set to release second-quarter 2017 results before the opening bell on Aug 24. In the last quarter, SeaDrill delivered a positive earnings surprise of 220% on the back of cost-cutting initiatives and strong economic utilization of fleets. The company surpassed estimates in each of the last four quarters with an average positive surprise of 97.13%.
Billionaire investor Carl Icahn, who resigned Friday from an unpaid post as President Donald Trump's adviser on deregulation efforts, stepped down as The New Yorker was preparing to publish a lengthy article detailing Icahn's potential conflicts of interest and questioning the legality of his actions. In the story, the magazine points out potential conflicts and even possible criminal law violations involving obscure rules that require oil refineries to blend ethanol into gasoline.
Oil prices fell nearly 2 percent on Monday, pulling back from last week's rally built on signs the global market is starting to rebalance from chronic oversupply. Brent crude futures lost 2 percent, or $1.07, at $51.65 a barrel as of 12:01 p.m. EDT (1601 GMT), after surging more than 3 percent on Friday. "We are currently seeing some profit-taking after Friday's strong rally ahead of this week's inventory data," said Hans van Cleef, senior energy economist at ABN Amro.
An Altice USA Inc. (ATUS) purchase of Charter Communications Inc. (CHTR) would create a broadband and pay-TV powerhouse, and satisfy Patrick Drahi's desire to expand his U.S. territories. Buying Charter would be prohibitively expensive for Altice, however. It would likely require John Malone, controls 25% of Charter through holdings in Liberty Broadband Corp. and other vehicles, to reduce his influence at the cable operator, which would be a challenge in itself. Snap Co-Founders Evan Spiegel and Bobby Murphy Have Lost Billions Since the IPO Altice has a $22 billion market cap, compared to Charter's $100 billion. Following its merger with Time Warner Cable, Charter also has more than $60 billion
A quarter century after the collapse of the USSR, Russian farmers are finally poised to beat the record for grain production that the country set during the Soviet era. The harvest will total at least 130.7 million metric tons this year on bumper wheat and corn crops, said Vladimir Petrichenko, director general of Moscow-based consultant ProZerno. That would push production 2.6 percent above the previous all-time high in 1978, a year before the Soviet invasion of Afghanistan under leader Leonid Brezhnev. “Weather conditions this year have been ideal,” Petrichenko said by phone. “It fell on a key period for plant development.” Farmers will gather more wheat and corn than ever before, while the
Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. (RAD) are still hoping to avoid another lengthy go-round with the Federal Trade Commission as they seek antitrust approval for the "Plan B" they unveiled after canceling their merger on June 29. On Thursday, Aug. 17, the pharmacy retail chains said they voluntarily pulled and refiled their antitrust notification with the FTC plans for Walgreens to buy 2,186 Rite Aid stores for $5.2 billion. Refiling antitrust an application gives the commission an extra 30 days to review the transaction without issuing a more burdensome second request for information and is a common maneuver when merging parties that believe they can address a few competition
Bitcoin Cash prices rose sharply on Sunday, jumping to a record high above the $900-level, amid optimism that faster transactions times will speed up the spread of the cryptocurrency. According to market participants, over half of Bitcoin Cash’s transaction volume was made on trading exchanges in South Korea, such as Bithumb and Coinone. Bitcoin Cash was last at $774.00 by 9:35AM ET (1335GMT), up about 106.4%, or $398.96.
In the two months since Amazon.com Inc. (AMZN) announced its jaw-dropping $13.7 billion deal to buy Whole Foods Market Inc. (WFM) , there's been plenty of speculation about what types of physical retailers besides grocery stores Amazon will target via bricks-and-mortar initiatives. Between what was announced today and last December's unveiling of the Amazon Go store concept, it's safe to say that convenience stores are high on Amazon's hit list. As with grocery stores, Amazon is taking aim at an industry that to a large degree has been immune to e-commerce's multi-decade onslaught. Amazon just unveiled Instant Pickup, a service that it promises will let Prime members pick up "hundreds of need-it-now items like food, cold drinks, personal care items, technology essentials and Amazon devices" within two minutes of ordering them via the Amazon app.
Later Monday, a total solar eclipse will make its way across the U.S. for the first time in a century. Scientists and medical professionals are advising that those hoping to catch a glimpse of the historic phenomenon do so only with the utmost care, with the appropriate protective filters and glasses, because gazing directly into the sun can cause irreparable damage to the naked eye. With that in mind, here are the times that folks can expect to witness the so-called Great American Eclipse in all its 90-minutes-long, celestial glory. Consider that some U.S. regions not in the narrow path of the total eclipse — plotted from the West Coast in Oregon to South Carolina, passing over such locales
It has been about a month since the last earnings report for Abbott Laboratories ABT. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Abbott reported second-quarter 2017 adjusted earnings from continuing operations of $0.62 per share, 3.3% higher than the Zacks Consensus Estimate and up 12.7% year over year.