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Whole Foods’ recent price cuts won’t solve  two problems the company poses for Amazon: competition and market saturation, which could turn the acquisition of Whole Foods into a disaster for Amazon’s bottom line. Long before become part of Amazon’s universe, Whole Foods Market, Inc. was an independent company, opening stores in the right place at
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A “Small Business” can be identified as a being a privately-owned corporation, partnership, or sole proprietor that have fewer staff and less annual revenue than a regular-sized corporation. The European Union (EU) defines a small business as one with under 50 employees. Small business or as they are sometimes known, small and medium-sized enterprises (SME’s)
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Walgreens Boots Alliance reported quarterly earnings and revenue that missed analysts’ expectations and lowered its forecast for 2019 in what CEO Stefano Pessina called the “most difficult” quarter since acquiring European drugstore chain Alliance Boots in late 2014. The company now expects full-year earnings for 2019 to be roughly flat, compared with its previous forecast
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The activists known as the Patriotic Millionaires, who describe themselves as “proud traitors to their class,” want to meet with every member of Congress as part of a new lobbying campaign aimed at convincing lawmakers to raise taxes on the rich. During these meetings, the millionaires intend to use the threat of withholding their endorsements
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Road signs showing directions around central London and warnings about entering the Congestion Zone for which private motorists must pay a fee, near Marble Arch in London, Friday Sept 30, 2005. London’s Mayor Ken Livingstone on Friday confirmed that the city is expanding its congestion-charging zone for vehicles. Vehicles are charged 8 pounds (euro11.70 US$14.10)
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The new tax won’t negatively impact New York’s luxury marketplace all that much over the long term. Like all changes, this will take a little time to get assimilated. The New York market bounces back quickly. Getty What constitutes a mansion in New York City? For the past several decades, buyers of residential property in New
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Airline stocks jumped Tuesday after Delta Air Lines said record performance and healthy demand drove the carrier to raise its earnings and revenue guidance for the first quarter. Delta’s shares jumped 4.6 percent while United and American rose 3.8 percent and 1.4 percent, respectively. Southwest Airlines, JetBlue, Spirit and Alaska Air Group were all trading
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Activision Blizzard. Brian Kelly was a buyer of Freeport-McMoRan. Steve Grasso was a buyer of Take-Two Interactive. Guy Adami was a buyer of Marathon Oil. Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, AMZA, ACB,
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