Department Stores (TRBC)

Exclusive: SEC officials` holdings, legal work, pose potential conflicts

Exclusive: SEC officials` holdings, legal work, pose potential conflicts

Published 17/08/2017

Two lawyers appointed to senior jobs at the U.S. Securities and Exchange Commission have ties to major companies including financial firms Goldman Sachs Group Inc (GS.N) and Wells Fargo & Co (WFC.N) that could complicate efforts to regulate them, according to government documents viewed by Reuters. [more…]

Aldi enters grocery delivery in partnership with Instacart

Aldi enters grocery delivery in partnership with Instacart

Published 14/08/2017

German grocery chain Aldi Inc [ALDIEI.UL] said on Sunday it has partnered with Instacart Inc to deliver groceries in three U.S. cities, a move that comes amid intense competition and disruption in the industry. [more…]

Amazon looks to new food technology for home delivery

Amazon looks to new food technology for home delivery

Published 11/08/2017

Amazon.com Inc is exploring a technology first developed for the U.S. military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion U.S. grocery business. [more…]

Third Point takes 1.6 million share stake in BlackRock, 4.5 million in Alibaba

Third Point takes 1.6 million share stake in BlackRock, 4.5 million in Alibaba

Published 11/08/2017

Dan Loeb's Third Point took a 1.6 million-share stake in BlackRock Inc (BLK.N) and reinitiated a stake in Alibaba Group Holding (BABA.N) of 4.5 million shares during the second quarter ended June 30, according to regulatory filings late on Friday. [more…]

India`s Eros in early talks with Apple, others to sell content library: source

India`s Eros in early talks with Apple, others to sell content library: source

Published 07/08/2017

Indian movie production house Eros Group is in preliminary talks with Apple and other major content distributors to sell its entire content library of films and music, a source familiar with the matter told Reuters on Monday. [more…]

Scientists turn to big data in hunt for minerals, oil and gas

Scientists turn to big data in hunt for minerals, oil and gas

Published 01/08/2017

Scientists searching for everything from oil and gas to copper and gold are adopting techniques used by companies such as Netflix or Amazon to sift through vast amounts of data, a study showed on Tuesday. [more…]

Superstar firm vogue heads for fire of overvaluation or ice of regulation: James Saft

Published 28/07/2017

It may not happen soon but eventually the vogue for investing in “superstar firms” like Google, Facebook and Amazon will end in the fire of overvaluation or the ice of regulation.

[more…]

Major tech firms urge U.S. to retain net neutrality rules

Major tech firms urge U.S. to retain net neutrality rules

Published 17/07/2017

FILE PHOTO - The Federal Communications Commission (FCC) logo is seen before the FCC Net Neutrality hearing in Washington February 26, 2015.

A group representing major technology firms including Alphabet Inc (GOOGL.O) and Facebook Inc (FB.O) urged the U.S. Federal Communications Commission on Monday to abandon plans to reverse the landmark 2015 rules barring internet service providers from blocking or slowing consumer access to web content.

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French fashion house Lanvin names Olivier Lapidus as new artistic director

French fashion house Lanvin names Olivier Lapidus as new artistic director

Published 11/07/2017

A woman walks past a Lanvin store in Paris, France, January 12, 2017.

Lanvin, France's oldest fashion brand, named on Tuesday Olivier Lapidus as its new artistic director, following the departure of Bouchra Jarrar.

[more…]

Stripe strikes global partnerships with China`s Alipay, WeChat Pay

Stripe strikes global partnerships with China`s Alipay, WeChat Pay

Published 09/07/2017

An Alipay logo is seen at a cashier in Shanghai January 12, 2017. REUTERS/Ali Song

Silicon Valley startup Stripe has partnered with digital payment providers Alipay and WeChat Pay to enable merchants using its platform globally to accept payments from hundreds of millions of Chinese consumers.

[more…]