Business

After Amazon announced its plan to acquire Whole Foods, the market started buzzing about the internet giant’s next potential acquisition. Then there’s big-box retailer Wal-Mart, which has also been on a buying spree of late. The two companies are competing for the same shoppers, as one attempts to step into …

Source: HRB Tax Group, Inc. Jeff Jones, CEO, H&R Block Tax preparer H&R Block named former Uber executive Jeff Jones as its president and chief executive, effective Oct. 9. Jones was most recently president of ride sharing at Uber. Before that, he served on retailer Target’s executive leadership team from …

Matt Nager | Bloomberg | Getty Images The Luminant Lake Hubbard natural gas power plant, a subsidiary of Texas Energy Future Holdings, stands in Dallas, Texas, U.S., on Saturday, Nov. 14, 2009. Bankrupt Texas utility Energy Future Holdings will abandon a deal to sell power transmission company Oncor to Warren …

Long Hei Chan | Pacific Press | LightRocket | Getty Images Go Bee Bike company started providing shared cycling services to the public in Hong Kong on April 20, 2017. Raphael Cohen, Gobee.bike CEO and co-founder, told CNBC’s “Squawk Box” that one of the biggest issues the company faces is …

Brent Lewin | Bloomberg | Getty Images People browse merchandise at a clothing store in Shangxiajiu Pedestrian Street in Guangzhou, Guangdong province, China. Authorities in China have issued rules that prevent businesses from registering overly long or bizarre company names, online outlet Sixth Tone reported. China’s State Administration for Industry …

Richard Bouhet | AFP | Getty Images People look through eclipse viewing glasses, telescopes or photo cameras an annular solar eclipse. Next week’s solar eclipse is delivering some welcome financial news to Amtrak. The national passenger rail system’s special round-trip train service to and from the best eclipse viewing area …

Mel Melcon | Los Angeles Times | Getty Images A home on Casaba Ave. in Canoga Park that Invitation Homes recently bought, fixed up and turned into a rental property. Invitation Homes said on Thursday it would buy Starwood Waypoint Homes in an all-stock deal that would create a $11 …

AFP | Getty Images Ford Field, home of the NFL Detroit Lions, is seen near an abandoned building September 30, 2013 in Detroit, Michigan. The Michigan facility will be focused on autonomous vehicles, the SCMP said, citing Foxconn founder Terry Gou. “Automotive development in the U.S. is still more advanced …

David M. Benett | Getty Images A general view of the Dover Street Market London store on March 18, 2016 in London, England. Still, according to Joffe, market research and observation remain key to his corporate approach. In launching DSM Singapore, Joffe said he had studied “a little bit” about …

U.S. employers hired significantly more people in July compared with the same month last year, continuing a strong summer trend, according to the LinkedIn Workforce Report. But that does not tell the whole story. Although hiring in the U.S. was 17.3 percent higher last month versus a year ago, seasonally …