Whole Foods CEO hints at another brand under Amazon
(Reuters) – After Amazon.com Inc completes its takeover of high-end grocer Whole Foods Market Inc , it might launch another brand with different standards, the grocery chain’s chief executive said in remarks reported in a securities filing on Monday.
Nestle buys stake in U.S. ready meals group Freshly
ZURICH (Reuters) – Nestle has acquired a minority stake in U.S. healthy ready meals group Freshly, as the Swiss food giant seeks to hone its distribution network in a rapidly changing U.S. market.
Will McDonald’s customers wait for the new Quarter Pounder?
LOS ANGELES/DALLAS (Reuters) – Tracy Moore grew impatient as she waited for a Quarter Pounder recently in the parking lot of a McDonald’s restaurant in central Dallas.
Central bank caution beefs up stock gains
LONDON (Reuters) – Japan’s Nikkei jumped to a near two-year high on Tuesday and European stock markets built on their biggest one-day gain in two months as central bankers gave a tempered message about growth and the chances of rises in interest rates….
Fed’s Evans says worth waiting until year-end to assess next rate hike
NEW YORK (Reuters) – Chicago Federal Reserve President Charles Evans said on Monday it may be worthwhile for the U.S. central bank to wait until year-end to decide whether to raise rates again.
Supreme Court and top patent court rarely see eye to eye
WASHINGTON (Reuters) – The U.S. Supreme Court’s unanimous backing on Monday of a ruling by the country’s top patent court was a rare instance of agreement with a body whose decisions in that specialized area it regularly overturns.
BlackRock takes Scalable Capital stake in Europe ‘robo-advisor’ push
LONDON/NEW YORK (Reuters) – BlackRock , the world’s biggest asset manager, made its first push into Europe’s “robo-advice” market on Tuesday after taking a stake in Anglo-German digital investment manager Scalable Capital.
Japan business mood up, points to better BOJ tankan – Reuters Tankan
TOKYO (Reuters) – Confidence among Japanese manufacturers bounced in June to match a decade-high level recorded in April and is expected to rise for several months, a Reuters survey found, providing more evidence of economic recovery.
As inflation misses goal, Fed’s Evans calls for gradual rate hikes
NEW YORK (Reuters) – With inflation stubbornly soft despite a 16-year low in the U.S. unemployment rate, the Federal Reserve should move only slowly to raise interest rates and trim its massive bond portfolio, Chicago Fed President Charles Evans said M…
Tesla driver in fatal ‘Autopilot’ crash got numerous warnings: U.S. government
WASHINGTON (Reuters) – A man killed in a crash last year while using the semi-autonomous driving system on his Tesla Model S sedan kept his hands off the wheel for extended periods of time despite repeated automated warnings not to do so, a U.S. govern…
