Business News

Lowe's misses earnings estimates, forecasts slower margins growth – Reuters

(Reuters) – Lowe’s Companies Inc (LOW.N) reported lower-than-expected quarterly earnings on Wednesday and warned of slower growth in profit margins as it spends more on marketing and staffing to take advantage of a robust home improvement market. Shares of the No.2 U.S. home improvement retailer dipped 6 percent to $71.27 in morning trading. Demand for lumber, appliances and other products ...

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US new home sales fall to seven-month low – Reuters

WASHINGTON (Reuters) – New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months, which could raise concerns of a slowdown in the housing market recovery. The Commerce Department said on Wednesday new home sales tumbled 9.4 percent to a seasonally adjusted annual rate of 571,000 units last month, the lowest level since December 2016. ...

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IBM Forges Blockchain Collaboration With Nestlé & Walmart For Global Food Safety – Forbes

WHO report titled ‘Estimates of the global burden of foodborne diseases’ (December 2015), were the most comprehensive published at the time and found that almost 30% of all deaths from foodborne diseases are in children under the age of five years (c.125,000). Many of the critical issues impacting food safety such as contamination, food-borne illness, waste and the economic burden ...

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Coal CEO Expected Trump Help, but Administration Said No – U.S. News & World Report

[unable to retrieve full-text content] U.S. News & World ReportThe Trump administration has rejected a coal industry push to issue a rarely used emergency order protecting coal-fired power plants. Aug. 22, 2017, at 11:36 a.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Coal CEO Expected Trump Help, but …Trump accused of breaking promise to coal industry CEOThe Week MagazineIs ...

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Amazon: Why A Waterfall Decline Might Be Underway – Seeking Alpha

[unable to retrieve full-text content] Seeking AlphaSeveral of the stronger retailers recently reported either progress in e-commerce, store-based sales, and/or the interplay between order online and pick-up in store. Some leading chain results are highlighted, most notably WMT. This article suggests …Bridgecreek Investment Management LLC Cuts Position in Amazon.com, Inc. (AMZN)Markets DailyAmazon.com, Inc. (AMZN) Is on the Verge of a ...

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