Markets
Target To Acquire Transportation Tech Company Grand Junction
The two companies are now partnering on a same-day delivery trial in New York's TriBeCa neighborhood, which it hopes to expand throughout Manhattan this fall before adding additional cities next year. Minneapolis-based Target did not say how much it will pay for Grand Junction. Grand Junction, which has been partnering with Target on a small scale, provides technology that allows retailers to se... [Full Article...]
Ryanair Wants To Introduce Two Drink Limit For Passengers
This is an issue which the airports must now address and we are calling for significant changes to prohibit the sale of alcohol at airports, particularly with early morning flights and when flights are delayed. Panorama also points out that the United Kingdom aviation industry brought in a voluntary code a year ago. Under a code of practice introduced a year ago, airlines, airport bars and re... [Full Article...]
The Stock Market Is Still Tanking Thanks to North Korea Tensions
The reclusive state raised the stakes further on Thursday with a detailed plan to send a salvo of missiles towards the USA territory of Guam. Falls were also seen on Wall Street, with the Dow Jones Industrial Average down 0.5% about 15 minutes into trading and the Nasdaq tumbling by 0.6%. [Full Article...]
Gold hovers near two-month highs on N.Korea tensions
A small rise in a measure of USA consumer prices pointed to benign inflation that could make the Federal Reserve cautious about raising interest rates again this year, which would be favorable to equity investors. economic data which reduced the chances of a U.S. Federal Reserve interest rate hike later this year. The Swiss franc is up close to 1.5%, its strongest one-day rise since 2015, and go... [Full Article...]
London's Garden Bridge project officially axed
The Garden Bridge was first proposed by the actor Joanna Lumley to former major Boris Johnson in 2014, but proved a divisive subject among Londoners. "I have been clear since before I became mayor that no more London taxpayers' money should be spent on this project and when I took office, I gave the Garden Bridge Trust time to try to address the multiple serious issues with it". [Full Article...]
VF Corp. To Acquire Williamson-Dickie For About $820 Million In Cash
At that time, VF said it would spend the next five years focused on reshaping its brand portfolio - the highest priority - putting more emphasis on online sales and ramping up its presence in China and Asia. This compares with the previous expectation of $11.65 billion, a 2 percent increase on a reported basis (or up 3 percent currency-neutral). VF expects synergies with VF's operational infrast... [Full Article...]
AAA Michigan: Statewide average gas prices rise 7 cents
Gas prices are cheapest in Tennessee in Cleveland, Tenn., where GasBuddy.com said the average price of a gallon of regular gas is slightly below $2.05 per gallon - the 10th lowest among all metro cities in America. AAA Michigan says gas prices statewide have risen by about 7ยข per gallon in the past week. Rockford's average gas price is $2.29 per gallon. "There are some signs, however, that we ma... [Full Article...]
Consolidated (NASDAQ:COKE) Stock Ticks -12.56%
The Gamco Investors Inc Et Al holds 1.09 million shares with $45.16 million value, down from 1.12 million last quarter. State Street Corp now owns 89,077 shares of the company's stock valued at $15,933,000 after buying an additional 7,962 shares in the last quarter. [Full Article...]