Kroger partners with Alibaba in China grocery sales venture
Kroger Co has partnered with Alibaba Group Holding Ltd to sell nuts, supplements and other products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online grocery sales.
Monsanto Roundup appeal has uphill climb on ‘junk science’ grounds: legal experts
Bayer AG unit Monsanto faces long odds on an appeal blaming an “inflamed” jury and “junk science” for a verdict of $289 million in damages to a man who said the company’s Roundup weed killer caused his cancer, according to some legal experts.
Lockheed Martin wins $2.9 billion U.S. defense contract: Pentagon
Lockheed Martin Corp has been awarded a $2.9 billion U.S. defense contract for three Next Generation Overhead Persistent Infrared Geosynchronous Earth Orbit Space Vehicles, the Pentagon said on Tuesday.
Major Tesla shareholders trimmed stakes last quarter: filings
Two major Tesla Inc shareholders cut their stakes in the electric automaker during the second quarter, before Chief Executive Elon Musk announced he would try to take the company private earlier this month.
Royal Bank of Scotland pays $4.9 billion for crisis-era misconduct
Royal Bank of Scotland will pay $4.9 billion to settle U.S. claims that it misled investors on residential mortgage-backed securities between 2005 and 2008, the U.S. Justice Department said on Tuesday.
Sprint partners with LG to launch 5G smartphone in 2019
Sprint Corp said Tuesday it has partnered with phone manufacturer LG Electronics Inc to launch a 5G smartphone in the first half of next year, marking the first 5G device deal for the No. 4 U.S. wireless carrier.
Shares rebound as Turkish lira pulls out of dive
World share markets rebounded on Tuesday as Turkey’s lira pulled out of a recent nosedive and reassuring data from Germany helped offset the latest softness in China’s economy.
Nasdaq, FINRA to boost reporting fees for dark pool trades
Nasdaq Inc and a Wall Street watchdog will raise fees for private stock trading platforms, such as “dark pools,” that report trade executions to a Nasdaq-run entity, in response to higher operational costs and off-exchange trading volumes, according t…
IATA still pursuing complaint against Honeywell after CFM deal
The International Air Transport Association (IATA) is pursuing its complaint against Honeywell to EU antitrust regulators, it said on Tuesday, even as the air transport group struck a deal over a similar grievance with engine maker CFM.
Royal Bank of Scotland pays $4.9 billion for financial crisis-era misconduct: U.S. Justice Department
Royal Bank of Scotland will pay $4.9 billion to settle U.S. claims that it misled investors on residential mortgage-backed securities between 2005 and 2008, the U.S. Justice Department said on Tuesday, adding this was the largest penalty imposed on a …
