Business
Exclusive: Wal-Mart launches new front in U.S. price war, targets Aldi in grocery aisle
Wal-Mart Stores Inc is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S. rivals like Kroger Co , according to four sources familiar with the moves.
Recent Business News
Trump budget plan boosts Pentagon, trims State Dept, EPA: officials
WASHINGTON The White House will send federal departments a budget proposal on Monday containing the defense spending increase President Donald Trump promised, financed partly by cuts to the U.S. State Department, Environmental Protection Agency and other non-defense programs, two officials familiar with the proposal said.
Amazon, Netflix grab a share of Oscar glory
LOS ANGELES Silicon Valley crashed Hollywood's biggest awards show on Sunday as Amazon.com Inc and Netflix Inc collected the first Academy Awards for streaming services while independent studio A24 won the coveted best picture Oscar.
Russia's VTB plans to slim down in Europe, keep London as hub
MOSCOW Russian bank VTB plans to cut costs by slimming down its operations in the European Union to focus on Frankfurt while keeping London as the base for its investment banking business, the bank's first deputy president said.
LSE, Deutsche Boerse deal in jeopardy as EU set to block
London Stock Exchange said its proposed merger with Deutsche Boerse AG was unlikely to be approved by the European Commission, leaving the stock market operators' third attempt at combining on the brink of failure.
U.S. blockchain, securitization industry groups join forces
NEW YORK The lobby group for Wall Street's structured finance companies has partnered with the trade association for the blockchain industry to explore ways blockchain technology can streamline the $1.9 trillion U.S. securitization market.
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Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 20,821.76 |
+
11.44 |
+0.05% |
| S&P; 500 | 2,367.34 |
+
3.53 |
+0.15% |
| NASDAQ | 5,845.31 | -- | --% |
| TR US Index | 211.18 |
+
0.28 |
+0.13% |
Sector Summary
| Energy |
-0.05%
|
| Basic Materials |
-0.18%
|
| Industrials |
-0.21%
|
| Cyclical Goods & Services |
-0.10%
|
| Non-Cyclical Goods & Services |
+0.07%
|
| Financials |
-0.23%
|
| Healthcare |
+0.02%
|
| Technology |
-0.05%
|
| Telecoms |
-0.19%
|
| Utilities |
+0.02%
|