Trump abandons 80yo economic policy that built US power. China into breach.
With the stroke of a pen, Donald Trump abruptly ended the decades-old U.S. tilt toward free trade by acting to withdraw from an Asia-Pacific accord.
Wal-Mart Stores Inc
Imperial CEO Mark Lamberti: ANC #ConCourt reaction shows “no accountability”
South Africa’s political leadership needs to be more accountable and inspire confidence among business leaders to boost investment and economic growth, according to the chief executive officer of Imperial Holdings Mark Lamberti.
Filings show Warren Buffett has reduced holdings of Goldman Sachs, Wal-Mart
Warren Buffett’s Berkshire Hathaway trimmed its investments in Goldman Sachs Group and Wal-Mart Stores as the billionaire freed up cash ahead of the completion of one of his largest acquisitions.
Holy Moly – Amazon.com shares jump 19% after profit beats forecasts
Amazon.com Inc. reported a 2nd quarter profit that beat analysts’ estimates, showing investors it can make money when putting brakes on investments.
Warren Buffett on income inequality – minimum wages no answer
Billionaire Warren Buffett said the level of income inequality in the U.S. is “extraordinary” but that raising the minimum wage isn’t the best solution.
This is the future: Elon Musk betting $5bn on super batteries
No matter how much Eskom is irritating you, don’t sign that renewable power installation just yet. We’ll know tomorrow whether Elon Musk has found a way to save all of us a pile of money.
Tesla ups use and storage of battery energy for the homeÂ
Tesla Motors Inc. is signing up big customers like Wal-Mart and Cargill, accelerating efforts to become a leader in energy storage and next week, the company will make a deeper push beyond the car business when it unveils batteries for homes and utilities.
Retail revolutionary Wal-Mart to cut layer of in-store management
Where US retail giant Wal-Mart goes, others follow. So news the group will slice off an entire layer of management will be closely analysed and replicated.
Massmart’s full-year sales jump 10.4%
Massmart Holdings Ltd reported a 10.4 percent jump in full-year sales on Thursday as its consumer goods, liquor and home improvement supplies business posted better performance.
Amazon eyes bankrupts retail chain RadioShack
RadioShack has more than 4,000 U.S. locations and is moving toward a deal to sell a portion and close the rest, according to some of the people. Sprint has discussed buying 1,300 to 2,000, they said.