Business

Walmart tests grocery service that would place items into the fridge

Walmart tests grocery service that would place items into the fridge

Once the delivery is done, the homeowner gets a notification that the August lock has been closed. He added that Walmart is trying many different ways to make shopping more convenient for its customers. With the August partnership, Walmart customers both inside and outside cities could take advantage of the service, if they were also August device owners.


Trade Commission Says Cheap China Imports Hurt US Solar Firms

Trade Commission Says Cheap China Imports Hurt US Solar Firms

They say a flood of imports has forced Suniva into bankruptcy and led SolarWorld to lay off most of its workforce. The commissioners will in November recommend specific penalties, such as tariffs or price floors on crystalline silicon photovoltaic cells, the component of solar panels that generates electricity.


South Africa's finmin calls for criminal probe into KPMG

South Africa's finmin calls for criminal probe into KPMG

The South African Institute of Chartered Accountants, or SAICA, said it would on Friday announce the establishment of an independent commission of inquiry "into the conduct of certain members of SAICA employed by KPMG". Bell Pottinger's downfall followed a damning report into its work for the Guptas which led to other companies deserting it. "These developments further threaten to undermine our efforts in reinforcing confidence and enhancing a climate for investments, both domestic and ...



Fed prepares to unwind $4.2 trillion in bond holdings

The projections showed that Fed officials continued to expect one more rate hike this year. "What we need to figure out is whether the factors that have lowered inflation are likely to prove persistent", she said. The limit on reinvestment is scheduled to increase by $10 billion every three months to a maximum of $50 billion per month until the central bank's overall balance sheet falls by perhaps $1 trillion or more in the coming years.


7.1 magnitude earthquake jolts Mexico: Here's what to do when disaster strikes

7.1 magnitude earthquake jolts Mexico: Here's what to do when disaster strikes

Half of the deaths occurred in the capital Mexico City , where almost 40 buildings collapsed, and the remainder in surrounding and nearby states. As rescue efforts continued at a school , a facility for children aged 3 to 14, emergency crews, volunteers and bystanders toiled elsewhere using dogs, cameras and heat-seeking equipment to detect survivors.


Sprint and T-Mobile said to agree tentative terms of merger

Sprint and T-Mobile said to agree tentative terms of merger

Once terms are finalized, due diligence by the two companies will follow and a deal is expected by the end of October, though talks may still fall through, the sources said. Revenues would top $70 billion and, say analysts, there would be massive scope to cut costs. At the time, T-Mobile was struggling, and Sprint was looking at absorbing the then-tinier carrier.