
Wal-Mart Brings Its Online Grocery Pickup to Amazon’s Backyard
published Sep 6, 2017 1:51:59 PM, by Matthew Boyle (Bloomberg) —Your move, Bezos. Wal-Mart Stores Inc. plans to open its 1,000th online grocery pickup location in a very strategic location: the Seattle area, hometown of rival Amazon.com Inc. The brick-and-mortar giant is letting customers in that area order food online

China Banks, Oil Giants Put on Notice by Trump’s Sanction Threat
published Sep 5, 2017 5:30:01 PM, by Bloomberg News (Bloomberg) — President Donald Trump’s rhetoric about imposing widespread sanctions on China for propping up North Korea’s economy may put pressure on some of its banks and oil companies. Harsh critics of China’s support for its neighbor have argued that American

Moon Turns Into North Korea Hawk as Kim Jong Un Shuns Talks
published Sep 5, 2017 6:31:06 PM, by David Tweed and Sam Kim (Bloomberg) — A few months ago, South Korean President Moon Jae-in took office promising a new era of engagement with North Korea. Now he’s pushing for a military overhaul to keep Kim Jong Un’s regime at bay. In

Conservatives in Tech Say They’re More Isolated Than Ever
published Sep 5, 2017 7:00:15 PM, by Karen Weise (Bloomberg) — Shashi Ramchandani, who manages a team of engineers at Google, has never been shy about being a conservative working in Silicon Valley. He showed coworkers emails he exchanged with Ivanka Trump after he mailed her photos he took at

Texas Refiners Work on Harvey Recovery as More Storms Loom
published Sep 4, 2017 5:34:59 PM, by Amy Stillman (Bloomberg) — As much of the U.S. shut down for Monday’s Labor Day holiday, Gulf Coast refiners continued their recovery from the devastation of Hurricane Harvey. Valero Energy Corp. returned two Texas refineries to pre-storm fuel-making rates while three other plants

Big Winnings Have U.S. Investors Wanting More From Europe Stocks
(Bloomberg) — U.S. equity investors aren’t done with Europe even after enjoying their best returns in eight years. Those who bought European stocks in dollars have already seen gains of about 17 percent this year, and the prospect of another leg up is keeping them hooked. The two largest U.S.

Safe Havens Maintain Gains as Korea Threats Linger: Markets Wrap
published Sep 4, 2017 5:37:51 PM, by Andreea Papuc (Bloomberg) — Gold and the yen maintained gains in early Asian trading as the United Nations Security Council met to discuss the threat from North Korea. S&P 500 Index futures were little changed, with the cash market closed on Monday for

Obamacare Repeal Odds Slip as Senate Gets New Expiration Date
published Sep 1, 2017 12:42:40 PM, by Laura Litvan (Bloomberg) — The Senate parliamentarian told lawmakers that Republicans’ ability to pass an Obamacare replacement with just 51 votes expires at the end of this month, Senator Bernie Sanders said Friday. The preliminary finding complicates any further efforts by Republican leaders

Trump Threatens New Sanctions After North Korea Nuclear Test
published Sep 3, 2017 3:02:14 PM, by Kanga Kong and Andy Sharp (Bloomberg) — President Donald Trump threatened to increase economic sanctions and halt trade with any nation doing business with North Korea, and his defense chief said the U.S. has “many military options” after the regime said it successfully

South Korea Raises Alert Over Economic Impact After Nuclear Test
published Sep 3, 2017 8:02:38 PM, by Jiyeun Lee and Hooyeon Kim (Bloomberg) — South Korea’s government said the impact of North Korea’s sixth nuclear test could spread from financial markets to the real economy. Existing uncertainty over trade policy and normalization of monetary policy in major economies could worsen