Shares of Whole Foods Market rocketed 28 percent on Friday after Amazon said it plans to acquire the grocery store chain for $42 a share, in a deal valued at $13.7 billion. Amazon’s offer represents a 27 percent premium to Whole Foods’ closing price on Thursday. With Whole Foods shares …
Read More »Monthly Archives: June 2017
Adding a Note of Turmoil, the Met Opera Loses Its Tosca
Photo Kristine Opolais at Carnegie Hall last year. Credit Hiroyuki Ito for The New York Times The star tenor Jonas Kaufmann abruptly withdrew in March. And now the Metropolitan Opera’s high-stakes new production of Puccini’s “Tosca” next season is being shaken up again. The soprano Kristine Opolais, who has struggled …
Read More »Trump’s criticism of Amazon looms over its Whole Foods deal
Getty Images (L to R) Jeff Bezos, chief executive officer of Amazon, Larry Page, chief executive officer of Alphabet Inc. (parent company of Google), Sheryl Sandberg, chief operating officer of Facebook, Vice President-elect Mike Pence listen as President-elect Donald Trump speaks during a meeting of technology executives at Trump Tower, …
Read More »Wal-Mart to buy online clothing retailer Bonobos for $310 million
Victor J. Blue | Bloomberg | Getty Images A man browses at a Bonobos store during the grand opening of the Brookfield Place retail concourse in New York. Wal-Mart Stores said it would buy online men’s fashion retailer Bonobos for $310 million in cash, the retailer’s fourth e-commerce acquisition in …
Read More »This mom saved her family from the London tower fire by turning on the tub
Carl Court | Getty Images Fire fighters drench the burning 24-storey residential Grenfell Tower block on June 14, 2017 in London, England. One mother was able to save her family from the fire that enveloped Grenfell Tower in London by letting the bathtub overflow, according to the Daily Star tabloid. …
Read More »The Tupac Biopic: What Took So Long?
“It’s gotta make money,” Mr. Boom said. “There’s a lot of added pressure to succeed for films of our nature, centered around urban culture. These types of movies don’t come along all the time. It’s important that it does the numbers so the next story that wants to get told …
Read More »Trump keeps policy on Dreamers, tightens restrictions on older undocumented
Joshua Roberts | Reuters Secretary of Homeland Security John Kelly speaks about border security during a press briefing at the White House in Washington, May 2, 2017. President Trump’s Department of Homeland Security has rescinded former President Barack Obama’s order shielding millions of migrants from deportation, but is letting stand …
Read More »Preliminary June consumer sentiment at 94.5 vs 97.1 expected
David Paul Morris | Bloomberg | Getty Images A shopper loads a box onto a cart inside an IKEA AB store in Emeryville, California. Consumers were much less optimistic than economists had expected in June, according to a preliminary reading. The University of Michigan’s Consumer Sentiment Index dropped to 94.5 …
Read More »Review: ‘Woody Sez’ Sings of a Land Not Always Made for You and Me
Photo From left, Megan Loomis, Helen Jean Russell, David M. Lutken and Andy Teirstein in “Woody Sez: The Life and Music of Woody Guthrie.” Credit Carol Rosegg The songs and high spirits come in a bracing torrent in “Woody Sez: The Life and Music of Woody Guthrie,” at the Irish …
Read More »US housing starts total 1.092M in May vs 1.215M starts expected
David Paul Morris | Bloomberg | Getty Images A contractor moves roofing material on a home under construction at the Toll Brothers Cantera at Gale Ranch housing development in San Ramon, California. Homebuilders slowed down the pace of construction for the third straight month in May, a possible sign that …
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