Business


Trump keeps much of Obama's Cuba policy

Before former President Barack Obama launched detente with Cuba in December 2014, most Americans without family ties to Cuba traveled to the island on expensive guided tours dedicated to full-time "meaningful interaction" with the Cuban people and - in principle at least - avoiding activities that could be considered tourism, which is illegal under US law.


Amazon Is Buying Whole Foods on the Cheap

Amazon Is Buying Whole Foods on the Cheap

About a year ago, Amazon revealed plans for AmazonGo, a futuristic grocery store in which there are no check-out lanes. In it, customers are able to purchase various food goods using automated systems, meaning cashiers or checkouts aren't needed.



US stocks fall after Amazon deal news; dollar weakens

The move weighed on Canadian grocery retailers as shares of Loblaw (TSX:L), Empire (TSX:EMP.A), Metro (TSX:MRU) and George Weston (TSX:WN) all lost ground. This is another bout that goes to Amazon in its competition with Wal-Mart. And because customers can buy foods and bulk items like toilet paper from a single retailer, discount retailers such as Costco, Target and Walmart should feel threatened, too.


Amazon just bought Austin-based Whole Foods for $13.7 billion

Amazon just bought Austin-based Whole Foods for $13.7 billion

Increased competition among meal-delivery services is just one element of the fallout from Amazon's planned $13.7 billion acquisition of Whole Foods , according to Morningstar analyst R.J. The Nasdaq composite gave up 20 points, or 0.3 percent, to 6,144. Amazon could have built up its groceries business without acquisitions, but that would have been costly and time-consuming, said Neil Saunders, managing director of GlobalData Retail.



Arkansas lawmakers criticize Trump shifting Cuba policy

But they won roars of approval and cries of "Viva Cuba libre!" from the invited crowd of Cuban-Americans and Cuban exiles, including veterans of the ill-fated Brigade 2506, which in 1961 launched the failed US-backed Bay of Pigs invasion to "liberate" the communist-run island.