Walmart Is Beefing Up Online Inventory to Win Black Friday
Adapting to the reality that more and more Black Friday shoppers are buying online, Walmart wmt is significantly increasing how much inventory it will sell digitally that day, and is pushing customers to use its mobile app more often. On a media call Wednesday to discuss Walmart’s Black Friday strategy, executives told reporters that Walmart would increase inventory dedicated to online sales of its Black Friday specials by 50%. That merchandise will be available early morning on Thanksgi..>> view originalSiemens Plans to Spin Off Health Unit as CEO Sharpens Focus
Siemens AG announced plans to spin off its $15 billion health-care division to help drive investments at one of its most successful units, in one of the biggest portfolio revamps at the German engineering giant that narrows its focus on energy, transport and factory gear.The company is pursuing a public listing of the asset, with details on the planned scope and timing to follow, Siemens said Thursday as it announced earnings. Profit from so-called industrial operations reached 2.45 billion eur..>> view originalAsia shares rebound in sharp turnaround from Trump shock
By Wayne Cole and Shinichi Saoshiro | SYDNEY/TOKYO SYDNEY/TOKYO Asian shares rallied on Thursday and the dollar firmed in a remarkable snapback from the shock of Republican Donald Trump's presidential victory, though the speed of the reversal left some market watchers scratching their heads.Spreadbetters expected the upsurge in equities to continue in Europe, forecasting a significantly higher open for Britain's FTSE, Germany's DAX and France's CAC.MSCI's broadest index of Asia-Pacific share..>> view originalAsian Stocks Rebound After Selloff as Markets Reassess Trump Win
Asian stocks jumped the most in almost nine months to join a global rebound on speculation Donald Trump will pursue business-friendly policies. Japanese shares surged as the yen slumped.The MSCI Asia Pacific Index climbed 3.1 percent to 137.63 as of 4:01 p.m. in Hong Kong, heading for the biggest increase since Feb. 15. The measure tumbled 3.2 percent on Wednesday, the most since Brexit roiled global markets, after Trump shocked investors by winning the U.S. presidential race against opponent H..>> view originalObamacare's future in critical condition after Trump's victory
For the past six years, no law has served as a larger GOP whipping post than the Affordable Care Act, and the Republican sweep Tuesday of political Washington has imperiled the ACA’s expansive reach, putting at risk the insurance that more than 20 million Americans have gained. During the final week of his campaign, President-elect Donald Trump vowed to repeal the 2010 health-care law so swiftly that he might summon Congress into a special session to accomplish the task. “We will do it, and we ..>> view originalChina Car Sales Take Foot off the Gas
SHANGHAI—China sold 20% more new cars in October than the year before, the slowest pace of growth in four months as the rush by consumers to tap a tax break on vehicle purchases appeared to be leveling off. Foreign and domestic car makers delivered 2.34 million passenger cars—including sedans, crossovers and minivans—to dealers last month, the government-backed China Association of Automobile Manufacturers said Thursday, up from...>> view originalYahoo Knew About the Breach in 2014
Some employees at Yahoo were aware of a recently disclosed major hacking incident when it occurred in 2014, the company revealed in a Securities and Exchange filing on Wednesday. “The Company had identified that a state-sponsored actor had access to the Company’s network in late 2014,” Yahoo’s most recent 10-k form said of the security breach. Yahoo reported two months ago that personal information associated with at least a half billion user accounts had been stolen in a theft linked to the tw..>> view originalTough reality check for Trump's pledge of better heartland jobs, wages
CHARLOTTE, North Carolina - Donald Trump's promise to revive small town America faces a tough challenge in an economy that for decades has been wired to direct income and opportunities towards urban hubs and the better educated.Little in the president-elect's so far sketchy economic plans indicates the trend can be reversed any time soon, according to interviews with experts on income inequality and as recent occupational trends.The manufacturing jobs Trump pledges to bring back have disappear..>> view originalTrump Expected to Seek Deep Cuts in Business Regulations
Although Mr. Trump is a maverick politician, his anti-regulation stance is that of an old-school Republican. It is driven by a belief that the economy will grow faster if businesses are freed from the long arm of the federal government. Or at least that is what some analysts and economists say they think is Mr. Trump’s rationale. Even after a long campaign of endless rallies and debates, Mr. Trump and his closest advisers have disclosed relatively few specific economic policy proposals.And some..>> view original
Thursday, November 17, 2016
Walmart Is Beefing Up Online Inventory to Win Black Friday and other top stories.
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