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Yahoo

Business - Whole Foods protects profits in second quarter as it cuts prices


Whole Foods Market Inc on Wednesday reported better-than-expected quarterly earnings as it controlled costs while lowering prices in the face of stiff competition from a bevy of retail rivals. The biggest challenge of the nation`s largest natural and organic grocery chain has been to protect profits while it works to shake its `Whole Paycheck` reputation for lofty prices and fend off Wal-Mart Stores Inc , Kroger Co and other mainstream grocers that are expanding into the specialty realm Whole Foods pioneered. Shares of Whole Foods rose 2.4 percent to $29.18 in after-hours trading, but remained significantly off their all-time high of just above $63 in October 2013.


Wednesday, May 04, 2016  23:47

NYTimes

Europe - Suicide Bombing Near Historic Mosque in Turkey Wounds 13


A female suicide bomber blew herself up near the Ulu Camii, or Grand Mosque, a popular tourist destination in a historic district of Bursa in northwestern Turkey.


Thursday, May 05, 2016  03:42

CNN

Top Stories - Prince: It`s been 7 hours and 13 days ...


In Prince`s song `Nothing Compares 2 U,` he sings, `It`s been seven hours and 13 days since you took your love away.`


Thursday, May 05, 2016  03:05

Yahoo

World - Nyquist draws No. 13 post as early 3-1 Kentucky Derby fav


LOUISVILLE, Ky. (AP) Nyquist has been made the early 3-1 favorite for the 142nd Kentucky Derby, with Exaggerator the second choice in the full field of 20 horses.


Wednesday, May 04, 2016  23:11

Yahoo

World - British ex-MEP jailed over expenses fraud


A former member of the European Parliament (MEP) was on Friday jailed for four years in Britain for falsely claiming more than £100,000 ($146,000, 128,000 euros) in expenses. Peter Skinner, a British MEP for the Labour party between 1994 and 2014, was convicted of fraud, false accounting and making a false instrument. Prosecutor Jonathan Davies said the total lost to the European Parliament was £132,434.02, and the judge agreed that it was `in excess of £100,000`.


Friday, April 29, 2016  22:00

Yahoo

World - Royal Bank of Scotland says doubles quarterly net loss


Britain`s state-rescued Royal Bank of Scotland on Friday said net losses more than doubled in the first quarter owing to an exceptional payment back to the government. Losses after tax in the first three months of the year stood at £968 million ($1.4 billion, 1.2 billion euros), which compared with a net loss of £459 million in the first quarter of 2015, RBS said in an earnings statement. `An attributable loss of £968 million included payment of the final Dividend Access Share (DAS) dividend of £1,193 million to the UK government,` RBS said.


Friday, April 29, 2016  08:57

Yahoo

World - Opportunity, uncertainty await Premier League champions Leicester


As Leicester City`s supporters awoke on Tuesday, fuzzy of head and bleary of eye after celebrating their fairytale Premier League triumph, the club were already entering a new sporting and financial dimension. It is estimated that Leicester`s 5,000-1 success could be worth around £155 million ($227.5 million, 196.4 million euros) in revenue to the modest east Midlands club, up from £104.4 million for last year. The title, the first in Leicester`s 132-year history, means Champions League football next season and access to lucrative global sports markets, but it also brings with it a dizzying change of status.


Tuesday, May 03, 2016  15:02

Yahoo

World - Vokes sends Burnley back to the Premier League


Burnley returned to the Premier League at the first attempt as a 1-0 win over QPR at jubilant Turf Moor sealed promotion from the Championship on Monday. Sean Dyche`s side kicked off knowing a lucrative place in the top-flight, worth an estimated £180 million ($264 million) was within touching distance after promotion rivals Brighton were held to a draw by Derby earlier in the day. With Middlesbrough, the other of the three teams battling for automatic promotion, having drawn at Birmingham on Friday, the path to promotion was clear for Burnley and Sam Vokes ensured they completed the journey with his 61st minute winner.


Monday, May 02, 2016  19:26

Yahoo

World - F1 driver Rosberg quickest again ahead of Hamilton


Nico Rosberg topped the times ahead of his Mercedes team-mate and defending three-time world champion Lewis Hamilton in Friday`s opening free practice for this weekend`s Russian Grand Prix. Four-time champion German Sebastian Vettel was third-fastest for Ferrari ahead of his team-mate, the Finn Kimi Raikkonen, the leading teams proving again that they have established themselves at the front of the field. For Rosberg, it was confirmation that he can maintain his current supremacy over Hamilton after winning six races in succession, including three last season - a run that has lifted him 36 points clear at the top of the title race.


Friday, April 29, 2016  10:29

Yahoo

Business - Exclusive: Target gets tough with vendors to speed up supply chain


By Nandita Bose and Nathan Layne CHICAGO (Reuters) - Discount retailer Target Corp is cracking down on suppliers as part of a multi-billion dollar overhaul to speed up its supply chain and better compete with rivals including Wal-Mart Stores Inc and Amazon.com Inc . The sixth-largest U.S. retailer by sales plans to tighten deadlines for deliveries to its warehouses,hike fines for late deliveries, and could institute penalties of up to $10,000 for inaccuracies in product information, according to a letter sent to suppliers and obtained by Reuters and an interview with Target`s chief operating officer John Mulligan. The moves, effective May 30, are the first major steps Target has taken since Mulligan was appointed as COO late in 2015 to fix supply problems that emerged after it expanded product offerings, including fresh food, several years ago.


Wednesday, May 04, 2016  06:09

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