GE explores divesting its transportation healthcare IT businesses GE explores divesting its transportation healthcare IT businesses: General Electric Co (GE.N) is exploring divesting its transportation and healthcare information technology businesses, as it seeks to reshape its portfolio under new Chief Executive John Flannery, people familiar with the matter said. Such […]
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Amazon gains wholesale pharmacy licenses in many U.S. states Amazon.com Inc has gained approval from a number of state pharmaceutical boards to become a wholesale distributor, St. Louis Post-Dispatch reported on Thursday, citing public records. The news send the shares of U.S. pharmacy chains, drug wholesalers and pharmacy benefit manager […]
Amazon sales surge after Whole Foods acquisition Amazon sales surge after Whole Foods acquisition: Amazon is winning business from older, big box rivals by delivering virtually any product to customers at a low cost, and at times faster than it takes to buy goods from a physical store. It acquired […]
U.S. business spending on equipment robust new home sales surge U.S. business spending on equipment robust new home sales surge: New orders for key U.S.-made capital goods increased more than expected in September and shipments rose for an eighth straight month, pointing to robust business spending that should help to […]
Asian stocks flat after Wall Street pullback euro gains before ECB Asian stocks flat after Wall Street pullback euro gains before ECB: MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat. Australian stocks and South Korea’s KOSPI .KS11 both inched down 0.1 percent. Japan’s Nikkei .N225, which had […]
Motor racing No halo but IndyCar could see screen next year Motor racing No halo but IndyCar could see screen next year: “It could be next year. It’s not going to be in March but it could be during the season,” he told reporters at the weekend’s U.S. Grand Prix […]
iPhone X demand will be substantial but not exceptional Iphone X demand will be substantial but not exceptional: Days before Apple Inc’s much-awaited iPhone X opens for preorders, a survey by brokerage Bernstein showed that demand for the device will be substantial, but not exceptional, with about a quarter of […]
Oil steady supported by Iraq disruptions and drop in U.S. rigs Oil steady supported by Iraq disruptions and drop in U.S. rigs: Oil exports from southern Iraq have fallen by 110,000 barrels per day this month, according to shipping data and an industry source, adding to the drop in flows […]
Target gears up for holidays with free shipping and gifts under $15 Target gears up for holidays with free shipping and gifts under $15: Target, which has promised about 1,700 holiday products including “Star Wars,” LEGO and Netflix merchandise and hundreds of $1 stocking stuffers, said it would offer promotional […]
Oil prices rise on tightening supply strong demand Oil prices rise on tightening supply strong demand: Brent crude futures LCOc1, the international benchmark for oil prices, were at $57.90 at 0131 GMT, up 15 cents, or 0.26 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 […]
