Amazon launches new in-store pickup option with Rite Aid as first partner
Amazon.com has steadily added options for customers to receive their packages including in car trunks, inside home garages and potentially by drone.
Oil prices drop as traders wait for G20, OPEC+ meetings
Oil prices fell on Thursday to erase some of the previous session’s strong gains, as traders wait for the G20 summit in Japan and for a meeting of OPEC and other crude producers to decide on an extension of output cuts.
Asian shares turn up on Sino-U.S. trade truce hopes
Asian shares crept higher on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations’ leaders in Tokyo.
Ukrainian reformers under fire as battle over PrivatBank heats up
The day after Ukraine elected a new president in April, former central bank chief Valeria Gontareva was summoned for questioning as a suspect in a corruption investigation.
Huawei shrugs off Verizon patent talks as ‘common’ business
Huawei pegged its patent talks with U.S. carrier Verizon as “common” business activity and said such negotiations should not be politicized, days after a senator filed legislation to prevent the Chinese firm from seeking damages in U.S. courts.
Weaning U.S. power sector off fossil fuels would cost $4.7 trillion: study
Eliminating fossil fuels from the U.S. power sector, a key goal of the “Green New Deal” backed by many Democratic presidential candidates, would cost $4.7 trillion and pose massive economic and social challenges, according to a report released on Thurs…
Corporations take it on the chin in first Democratic debate
To the Democrats running for president of the United States, corporations charge too much for medicines and other critical goods, do not pay enough in taxes and repay bailouts by taking jobs overseas.
Japan Display to receive $100 million investment from Apple, says report; shares jump
Japan Display Inc is set to receive a $100 million investment from Apple Inc, its biggest customer, the Asahi newspaper reported on Thursday, sending the screen maker’s shares up as much as 32% in Tokyo.
FCC opens probe into Sinclair disclosures on failed Tribune deal
The Federal Communications Commission has opened a new investigation into whether Sinclair Broadcast Group Inc engaged in misrepresentations or a lack of candor in its failed effort to win approval for a $3.9 billion bid to purchase Tribune Media Co.
France’s Macron says no need to lower government’s stake in Renault
French President Emmanuel Macron said on Thursday there was no need for the government to lower its stake in Renault and that he wanted the Renault-Nissan alliance to work on strengthening its synergies.
