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Inside the Food Fight Over Home Delivery

Inside the Food Fight Over Home Delivery

Grocers including FreshDirect are betting millions on high-tech distribution centers that will move food faster and convince more customers to ditch supermarkets for digital shopping carts.

Published 2 months ago

Trump’s Tariffs Find Friends in Minnesota’s North, Foes in South

Trump’s Tariffs Find Friends in Minnesota’s North, Foes in South

President Trump’s tariffs on steel imports marked a victory for the Mesabi Iron Range region of northern Minnesota, boosting the prospects of a Republican congressional candidate. But Mr. Trump’s tariffs are creating concerns for Republican candidates in other districts in the state.

Published 2 months ago

New York-London in 3½ Hours? Supersonic Travel May Be Back.

New York-London in 3½ Hours? Supersonic Travel May Be Back.

Fifteen years after the Concorde last flew, investors, plane makers and equipment suppliers are pushing to revive superfast airliners and business jets. But will regulators go along—and will passengers be willing to pay?

Published 2 months ago

ETFs Unlikely to Cause Widespread Market Disruptions, Research Shows

ETFs Unlikely to Cause Widespread Market Disruptions, Research Shows

The deluge of money flooding into passive investments can swing stock prices, but fears of widespread market disruptions are overblown, according to a new report from S&P Global.

Published 2 months ago

Elon Musk Apologizes for Calling Cave Rescuer a Pedophile

Elon Musk Apologizes for Calling Cave Rescuer a Pedophile

Tesla Chief Executive Elon Musk has apologized for lashing out at the British cave explorer who dismissed his efforts to help rescue the youth soccer team trapped in a Thai cave.

Published 2 months ago

Google to Be Fined $5 Billion by EU in Android Case

Google to Be Fined $5 Billion by EU in Android Case

The European Union plans to hit Google with a €4.34 billion ($5.04 billion) antitrust fine in the Android case. EU commissioners are set to approve the decision Wednesday morning.

Published 2 months ago

U.S., Boeing Complete $3.9 Billion Air Force One Deal

U.S., Boeing Complete $3.9 Billion Air Force One Deal

Boeing secured a $3.9 billion deal to build the new jets that will fly as Air Force One, with only one wrinkle yet to be resolved: their color.

Published 2 months ago

Chef’d Meal-Kit Maker Suspending Business

Chef’d Meal-Kit Maker Suspending Business

Chef’d, a national meal-kit operator serving major food brands and prominent chefs, has suspended operations after burning through investments and failing to secure more cash.

Published 2 months ago

Rep. Martha Roby Wins Republican Primary in Alabama

Rep. Martha Roby Wins Republican Primary in Alabama

Rep. Martha Roby won a Republican primary runoff election for her south Alabama congressional seat, dispatching a rival who accused her of being insufficiently loyal to President Donald Trump.

Published 2 months ago

U.S., Boeing Complete $3.9 Billion Air Force One Deal

U.S., Boeing Complete $3.9 Billion Air Force One Deal

Boeing secured a $3.9 billion deal to build the new jets that will fly as Air Force One, with only one wrinkle yet to be resolved: their color.

Published 2 months ago

Nicaragua Cracks Down on Rebel City

Nicaragua Cracks Down on Rebel City

Hundreds of Nicaraguan police and paramilitary forces loyal to President Daniel Ortega swarmed the city of Masaya on Tuesday in a violent effort to quell protests demanding the leader’s ouster.

Published 2 months ago

Former Fed Chief Ben Bernanke Says Economic Outlook Is ‘Quite Strong’

Former Fed Chief Ben Bernanke Says Economic Outlook Is ‘Quite Strong’

Ben Bernanke, the former chair of the Federal Reserve, remains upbeat about the economy’s outlook and isn’t particularly alarmed by recent bond-market developments many see as hinting at trouble down the road.

Published 2 months ago