Kroger and Ocado to build first robotic warehouse in Cincinnati
Kroger Co has chosen its hometown of Cincinnati for the first of 20 high-tech warehouses it plans to build with UK-based Ocado Group Plc in a bid to dominate the U.S. grocery delivery business.
Stocks weighed by Apple demand woes, trade tensions
World stocks fell on Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment.
American Airlines pilots seek new contract negotiations
American Airlines pilots union on Monday urged the carrier to begin negotiations for a new labor contract in January to boost compensation.
Societe Generale to pay $1.4 billion to settle cases in the U.S.
French banking giant Societe Generale on Monday agreed to pay U.S. federal and state authorities $1.4 billion to resolve pending legal disputes.
Wall Street hammered by Apple, trade concerns
The Dow Jones Industrial Average shed more than 400 points on Monday, as a slump in Apple shares battered the tech sector, with conflicting signals over the state of play between the United States and China on their trade dispute kept investors on edge…
Instant View: Wall Street stocks tumble, S&P falls 2 percent
U.S. stocks tumbled on Monday, with the S&P 500 and Dow Jones industrial Average shedding about 2 percent and the Nasdaq down more than 3 percent.
Kroger and Ocado select Monroe, Ohio for first fulfillment center
Kroger Co has chosen its hometown of Cincinnati for the first of 20 high-tech warehouses it plans to build with online grocer Ocado Group Plc.
Petrobras’ next CEO says oil firm should focus on exploration, production
A University of Chicago-trained economist named on Monday as the next chief of Brazil’s Petrobras has quickly thrown his support behind the sale of the state oil company’s non-core assets and called for it to focus on exploration and production.
Brent crude slips as investors fear another glut
Brent crude futures fell in choppy trade on Monday, under pressure from growing supply but supported by a reported drawdown of U.S. oil inventories, potential European Union sanctions on Iran and possible OPEC production cuts.
Societe Generale to pay $1.34 billion fine for sanctions violations: Federal Reserve
French banking giant Societe Generale on Monday agreed to pay U.S. federal and state authorities $1.34 billion to resolve investigations into its handling of dollar transactions in violation of U.S. sanctions, the Federal Reserve said.
