• FTC Clears Amazon Purchase Of Whole Foods
    The Federal Trade Commission on Wednesday gave the green light to Amazon.com's purchase of Whole Foods Market in a deal valued at $13.7 billion. The deal comes when some have observed that antitrust law is antiquated and ill-prepared to address the dynamics of a modern and fast-changing corporate landscape, which is giving rise to giants like Google, Facebook and Amazon.
  • Millennials Heading To The 'Burbs, Buying SUVs
    Millennials are finally starting their own baby boom and heading for the suburbs in big sport utility vehicles. As they shop for bigger homes to accommodate growing families, they're upsizing their vehicles to match. U.S. industry sales of large SUVs have jumped 11% in the first half of the year, Ford Motor Co. estimates, compared with increases of 9% for midsize and 4% for small SUVs.
  • Verizon Throws Down Gauntlet In Unlimited Plan Battle
    Is a new mobile price war about to get underway? If so, Verizon has just fired the first salvo. The nation's largest carrier announced it will be restructuring its unlimited data offerings into two new options, "Go Unlimited" and "Beyond Unlimited." When Verizon brought back unlimited data in February, it sparked a mini "mobile war" that saw each major carrier refresh their unlimited data offerings in a bid to outdo the other.
  • Molson Coors Aims For Zero Waste To Landfill
    Molson Coors Brewing Company released its "2017 Our Beer Print Report," which includes its sustainability strategy through 2025. The report also addresses goals for promoting diversity across the supply chain and engaging with women-owned or minority-owned businesses as suppliers. The company says it will invest $100 million in aggregate contributions by 2025 in the communities where it has manufacturing facilities.
  • Sears Rebrands Auto Centers With DieHard Name
    Sears has converted a pair of suburban Detroit-area Sears Auto Centers to the company's new DieHard Auto Centers format. They are just the second and third converted stores to reopen. Sears opened the first DieHard Auto Center in the San Antonio, Texas, area in February. The revamped stores are 17,000 square feet and are equipped with interactive in-store merchandise displays and advanced diagnostic technology.
  • Wells Fargo Braces For More Negative Headlines
    Wells Fargo CEO Timothy Sloan said that forthcoming results from the bank's review of its consumer sales scandal could cause more negative attention. Sloan also said that "within a few weeks" the bank will announce the completion of an expanded review by a third party of the fake consumer accounts workers had opened. They were pressured by aggressive sales goals, a practice Wells Fargo has since ended.
  • 3 Ways To Become An Elite In The Restaurant Industry
    While there are countless paths to success, industry experts agree there are three sure-fire milestones that signify whether a brand is a limited-service heavyweight: 1,000 units, $1 billion in sales, and $2 million average unit volume. Want to join these exclusive clubs? Here's what the companies who have been there and done that have to say about crossing these achievements off your brand's bucket list.
  • Treasury Secretary's Wife Boasts Of Fashion Brands, Money
    Louise Linton posted a photo of herself on Instagram leaving a government plane after a trip with her husband, Steven Mnuchin, to Kentucky, tagging it with the names of luxury fashion brands. When someone criticized the way she touted the trip, she swung back fiercely, mentioning the extreme wealth she and her husband control. A spokesman said Linton did not get financial compensation for mentioning the brands.
  • Johnson & Johnson Loses Powder/Ovarian Cancer Suit
    The company will appeal the $417-million verdict delivered against it by a Los Angeles jury, which found it liable for not warning a 63-year-old woman about the risks of using its talcum products. She is near death from ovarian cancer. More than 300 such lawsuits are pending in California and more than 4,500 claims in the rest of the country.
  • NFL Inks Deal With Tencent In China
    Seeking to expand its growing presence in China, the NFL has signed a three-year deal with media giant Tencent Holdings Ltd. that names Tencent Sports the exclusive live digital streaming media partner of the NFL in that nation. Under terms of the agreement, Tencent would air live and on-demand select pre-season games, all "Thursday Night Football," "Sunday Night Football" and "Monday Night Football" games, select Sunday afternoon games, the playoffs, the Pro Bowl and Super Bowl LII, Super Bowl LIII and Super Bowl LIV.
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