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Monthly Archives: June 2017

Amazon is buying Whole Foods in a deal valued at $13.7 billion

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 …

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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 …

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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, …

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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 …

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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. …

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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 …

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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 …

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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 …

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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 …

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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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