Sunday, March 3, 2019

Grocers Brace for Another Blow From Amazon

Competition from Amazon.com has pushed grocers to focus on home delivery and lower prices. Now it is taking aim at supermarkets’ high-profit products: those found in the beauty aisle.

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Tesla Is Betting It Can Sell Cars Online, Without a Test Drive

Tesla CEO Elon Musk’s latest strategic shift will be one of his biggest challenges: persuading mainstream consumers to purchase cars online the way they buy books or clothes.

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Owners of Instant Pot, Corelle to Merge

Instant Brands, the maker of the popular Instant Pot, is merging with Corelle Brands, which makes houseware mainstays such as Corelle, Pyrex, CorningWare and SnapWare, in a combination their owners hope will be a recipe for success.

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Shale Companies, Adding Ever More Wells, Threaten Future of U.S. Oil Boom

Newer wells drilled close to older wells are generally pumping less oil and gas and could permanently hurt output, leading frackers to cut back on the number of sites planned and forecasts on overall production to be trimmed.

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Vale Top Executives Step Aside After Request From Authorities in Dam Case

Vale Chief Executive Fabio Schvartsman and other top executives of the Brazilian mining giant stepped down following pressure from authorities in the first sign investigators are zeroing in on the company’s leadership after the deadly collapse of one of its dams.

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Trump's Effort to Narrow the Trade Gap Has Flopped So Far

On Wednesday, the Census Bureau will likely report the U.S. last year registered the largest trade deficit in its history. How that happened is a lesson in the economics of imbalances.

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Galaxy S10 Review: Samsung Finally Gets Everything Right

Samsung has long made good hardware, and the Galaxy S10 is its best yet. But for the first time, the company also nailed the software.

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