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President Erdoğan congratulates new Saudi crown prince

The Crown Prince further accompanied al-Bashir to Jeddah Airport as he ended his four-day to Saudi Arabia. As the head of an economic council, he has overseen efforts to revamp the kingdom's energy policies and build a diverse economy that will sustain itself long after its oil reserves are gone. Read More »

Barack Obama slams Republican health bill and warns millions will lose care

But to get to even 50, Republicans have a lot of persuading and rewriting to do on a host of concerns, including abortion policy, Medicaid expansion and whether the plan follows the "Jimmy Kimmel test". Its fate remained uncertain after the four lawmakers refused to back the current Senate plan , leaving Republicans short of the votes needed for passage. Read More »

Republican wins Georgia poll in blow to anti-Trump effort

Georgia's 6th shares numerous same characteristics as the districts that Democrats believe will pave their way to a House majority in 2018. So far, counting all of the federal and state legislative special elections held since Trump's victory, Democrats have flipped zero Congressional seats and two state-level seats ( NY, NH ), while losing a state-level seat in Louisiana. Read More »

Democrats Realize 2010 'Fire Nancy Pelosi' Campaign Has Been Working

She had handled Trump delicately throughout a primary and runoff election to fill the congressional seat vacated by Tom Price to take a spot in Trump's cabinet. Instead, she said in a Wednesday interview, it was mounting frustration over one of her opponent's biggest liabilities: The fact that he didn't live in the suburban Atlanta district , but south of its borders to be closer to the medical school his fiancée attends. Read More »

North Korea denies torturing American detainee Otto Warmbier

The service was held at the 22-year-old's school in OH, before his burial at a nearby cemetery. An estimated 2,500 mourners gathered Thursday to remember Otto Warmbier , the American college student who died this week after being held for almost a year-and-a-half in a North Korean prison. Read More »

Travelers notebook: Rory squanders putts in 'stress-free' round

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Although he didn't win previous year, he had three top-10 finishes, including a second at the Shriners Hospital for Children Open in Las Vegas that earned him a career-high $355,733. His price is inflated and he doesn't have a good track record here, but all of the stats line up. "I've only done it twice and I sure would like to get used to it more often". Read More »

European Union says Brexit citizens issue not about 'generosity'

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She added: "We want to conduct these negotiations in such a way that they take place in a good spirit, and we know that we want to continue working afterward with Britain". The task facing Brexit Secretary David Davis is vast. Though less visibly upbeat than veteran Brexit campaigner Davis, Barnier insisted the two sides would work together for a " fair deal " that would not "punish" Britain. Read More »

Tapwrit wins Belmont Stakes

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Similiarly to Tapwrit , Gormley had a rough start in the Kentucky Derby , causing him to finish a disappointing ninth. Things have a way of working out for Pletcher, victor of a record seven Eclipse Awards as the leading trainer in North America, and they worked out again this time. Read More »

Nancy Pelosi is hurting Democrats at ballot box, Rep. Tim Ryan says

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In his speech, which lasted over an hour, Trump mocked Ossoff and the blow for Democrats, blaming the "Democratic" media for being biased against Handel. The results speak for themselves. And then she continued : "At some point we have to be willing to say that yes, lots of conservative voters are hateful and willing to embrace bigots". Read More »

Ecommerce giant Amazon to buy Whole Foods grocery chain in blockbuster deal

Now he has his eye on the grocery business - and the way you get your produce may never be the same. Shares of Amazon were trading at $988.52 in pre-market trading, a 2.53% jump, while Whole Foods shares were down 6.74% at $33.06. Whole Food recently opened a store in the city in the former Hahne & Co. building between Broad and Halsey Streets. Whole Foods , often derided as "Whole Paycheck" for its high prices, could see its reputation change if Amazon , a master at undercutting ... Read More »

Amazon shares hit intraday high in wake of Whole Foods deal

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They're so authentic. They say what's on their mind. Recently, 915 Labs, which manufacturers microwave assisted thermal sterilization equipment, announced it created signature dishes, including macaroni and cheese and an egg frittata, to launch in partnership with Amazon and a food company on the Amazon Exclusive platform. Read More »

Pelosi defends leadership following special election loss

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She won over most or all of the 13 percent of Republicans who in the early June poll had said they would vote for or leaned toward liberal progressive Democrat Ossoff , a 30-year-old political novice versus Handel, 55, former Georgia secretary of state. Read More »

Georgia's first republican woman elected to Congress

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Numerous articles I have read, some of which whose headlines are listed above, point to the failure of Democratic leadership for the loss . "To the Jon Ossoff supporters, know that my commitments, they extend to every one of you as well", Handel said . Read More »

A new platform for Whole Foods? How deal could upend grocery

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Breezing through the grocer's stores with an app that scans affordable fruits and seafood? While the company is now experimenting with the way it displays ads and its impact on customer experience, the analyst believes that advertising is likely to remain a potential revenue driver going forward. Read More »

Amazon buying Whole Foods, making strong move into groceries

Amazon is experimenting with a store in its Seattle hometown where customers will buy groceries without even having to go through a checkout line, using an app and computer vision. When they take something off the shelf and put it in their cart, it registers in their account. "Most of us like to see what we're buying, and it's a good store, but we just wouldn't buy online", he said. Read More »

Goldman Sachs, mocked by prospective client Whole Foods, ended up advising Amazon

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Amazon's purchase of Whole Foods ups the stakes in this battle of giant retailers by giving Amazon not just the physical spaces, but also the knowledge on how to run them. Even so, Mr. Mackey said at the town hall that, as part of Amazon, other store formats might emerge under a different name that don't necessarily meet the brand's high standards for natural and organic foods. Read More »

Leo Varadkar formally elected as prime minister of Ireland

Mr Eastwood said: "On behalf of myself and my party, I wish to extend warm congratulations to the new Taoiseach Leo Varadkar . The government I lead will be one of the new European centers as we seek to build a republic of opportunity". Naomi Long said: "Northern Ireland and the Republic have a good relationship and I am confident it will continue under his stewardship". His father Ashok, hails from Varad, a village in Sindhudurg district of Maharashtra. Read More »

Seoul asks North Korea to free detainees

Justin Weber told The Associated Press on Tuesday morning that a press conference is expected later to provide details. "It's the family's choice". When he returned to the United States from North Korea last week after being medically evacuated, he was in a coma with severe brain damage. Read More »

For purist Whole Foodies, Amazon's takeover triggers downmarket angst

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Cowen & Co. calls the $1.3 trillion US grocery market " Amazon's biggest potential source of revenue upside". The online shopping giant will have at least 460 physical stores to try out new methods with its Amazon delivery service. But any price for Whole Foods stock that is higher than Amazon's offer could be a sign that Wall Street thinks another company could swoop in with an even better deal. Read More »

Crude Oil Prices Slump After Shock Inventory Build

The tensions would normally add a risk premium the price of oil given that several of the nations involved in the row are members of the Organization of Petroleum Exporting Countries and the Persian Gulf is a choke point for oil exports from the region. Read More »

Oil price extends drop to 7 month lows, despite OPEC cuts

But a Bloomberg survey found that analysts expect USA stockpiles to fall by 1.2 million barrels in the prior week. The price of oil has been sloshing between US$40 and US$55 per barrel for much of the past year, down from a peak of more than US$110 in the summer of 2013. Read More »

Amazon buying Whole Foods for $13.7 billion

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Americans have been slowly moving toward online grocery shopping. "I love the prepared foods and the produce", Hiddeman said. Same goes for Amazon Dash, whose Wand barcode scanner the company has just resurrected. And Amazon has said it would like to bag 2% of the United Kingdom grocery sales. Amazon invested in refrigerated distribution centers to hold items. Read More »

Senate GOP health care bill may cut Medicaid

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Sen. John McCain of Arizona said he has not yet seen the bill, and hasn't "met any American that has". Sen. John Cornyn (R-TX), the majority whip, also said a Congressional Budget Office score could come as soon as Friday, though other GOP lawmakers said it might not be ready until Monday. Read More »

Whole Foods Physical Stores Are Vital to Amazon's Grocery Success

Whole Foods has a reputation for high quality products and one of its stores is a short distance away from most people. The marriage of Amazon and Whole Foods will have major implications across the entire grocery and food industry. Yardeni notes that Amazon founder and Chief Executive Jeff Bezos has brought deflation to the book industry, mall retailers, and the cloud - giving Federal Reserve Chairman Janet Yellen something to think about , as Investor's Business Daily reported in May. Read More »

European Central Bank expected to stick with stimulus program

EUR/USD spiked to 1.1262 for a high following the 07:45 ET policy statement by the European Central Bank ( ECB ), then reversed sharply to the downside, with the session low now standing at 1.1217. However, it appeared to depart from its previously cautious stance and closed the door on further loosening if the economy keeps its momentum. After all, the European Central Bank has an inflation target of near but just below 2%. Read More »

Ronaldo grabs first goal at Confed Cup

Cristiano Ronaldo remains "extremely concentrated" on helping Portugal deliver the required result when they tackle Confederations Cup hosts Russian Federation in Moscow , according to coach Fernando Santos . Mexican media said the chant was also heard at matches at home to Honduras and the US earlier this month, although Federation Internationale de Football Association could not immediately reached for comment on whether disciplinary proceedings had been opened in those cases. Read More »

GE Healthcare's Flannery named CEO of General Electric; Immelt to retire

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Immelt's work did not pay off for investors, however. Immelt will stay on as chairman of the board until year's end. Further, the company announced that Jeff Bornstein , current CFO, has also been promoted to Vice Chair of GE. Magee says GE's underperforming stock prompted activist investors to push for change. Today, GE is a high-tech industrial company with a bright future. Read More »

Could Amazon's Whole Foods takeover happen here?

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Mackey didn't give an indication of the "incredible" topics they covered, however, keeping a lid on their plans until the $13.7 billion deal is completed. According to Madeline Hurley, IBISWorld senior analyst, this acquisition means Amazon will be able to reach more consumers than ever before. One change coming after the Whole Foods deal closes, says Citigroup, will involve private label offerings . Read More »

Fed raises rate to 1-1.25%, hints at further hike

This rebalancing could give the Fed the excuse not to hike rates as it would provide additional tightening, Hermes chief economist Neil Williams. However, markets did not respond as expected to the Fed's hawkish stance, with the rand firming and USA treasuries weakening even as the Fed remains positive on a higher consumer inflation trajectory, which is not supported by actual data. Read More »

Ronaldo's header sinks hosts Russia — FIFA Confederations Cup

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Experienced defender Tommy Smith said the team will fight for everything like they did against Russian Federation. "We lose, you lose, everyone loses". We are going to be fearless. Ronaldo proved the main threat throughout the first half as the hosts offered little going forward, and he tested Akinfeev with a 25th-minute free-kick before forcing the keeper to block with his legs seven minutes later. Read More »

Trump tweets support for banking bill

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Walter Jones of North Carolina, voted against). While the political class and the media were entertaining themselves with the Comey Senate hearings, the House Republicans passed legislation that will gut the Obama-era Dodd-Frank Law that regulates the banking system in the United States. Read More »