Oil slump spooks investors; China stocks get MSCI nod – Reuters

SYDNEY A renewed slump in oil prices to seven-month lows put Asian investors on edge on Wednesday, overshadowing a decision by U.S. index provider MSCI to add mainland Chinese stocks to one of its popular benchmarks. The slide in energy costs boosted bond prices and flattened yield curves as investors priced in lower inflation for […]

Uber Founder Travis Kalanick Resigns as CEO – New York Times

Uber Founder Travis Kalanick Resigns as CEO – New York Times

“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” Mr. Kalanick said in a statement. Advertisement Continue reading the main story Uber’s […]

Barclays and Four Former Execs Charged Over Qatar Probe – Bloomberg

Barclays and Four Former Execs Charged Over Qatar Probe – Bloomberg

Barclays Plc and four former executives were charged with conspiracy to commit fraud regarding the bank’s 2008 capital raising from Qatar, following a five-year investigation into one of the most turbulent periods in financial history. The Serious Fraud Office said Tuesday that former Chief Executive Officer John Varley, former chairman of investment banking for the […]

For Amazon, Now Comes the Hard Part — WSJ -2- – Fox Business

The web titan joins a crowd with its Whole Foods deal; the ‘last mile’ puzzle Continue Reading Below With Amazon.com Inc. wheeling sharply into the grocery aisle, the business of selling food may never be the same. Food retailing was already struggling with low margins and slow sales growth as shoppers shifted buying […]

After The Amazon Deal: What Will Shopping At Whole Foods Feel Like? – NPR

After The Amazon Deal: What Will Shopping At Whole Foods Feel Like? – NPR

Analysts say that the experience of shopping at Whole Foods might change in the near future now that the retailer is being bought by Amazon. Stephen Hilger/Bloomberg/Getty Images hide caption toggle caption Stephen Hilger/Bloomberg/Getty Images Analysts say that the experience of shopping at Whole Foods might change in the near future now that the retailer […]

Farm workers protest Ben & Jerry’s – Boston Herald

MONTPELIER, Vt. — Scores of dairy farm workers and activists marched yesterday on the Ben & Jerry’s factory to push for better pay and living conditions on farms that provide milk to the ice cream maker that takes pride in its social activism. Protesters said Ben & Jerry’s agreed two years ago to participate in […]