Amazon shakes up the grocery business with its $13.7-billion deal to buy Whole Foods – Los Angeles Times

Amazon revolutionized the sale of books, electronics and other products. Now the online shopping giant is threatening to transform how people buy their food. Amazon.com Inc. dropped a bombshell Friday on the U.S. grocery industry by agreeing to buy Whole Foods Market Inc. for $13.7 billion, including net debt. The 465-store chain, which helped pioneer […]

New Sony Pictures Chief Faces TV Leadership Test – Variety

Sony Pictures Entertainment CEO Tony Vinciquerra spent most of Friday morning calling producers, network executives and talent agency leaders on the heels of the news that studio’s longtime production division chiefs are departing the Culver City lot for new posts at Apple. The decision by Zack Van Amburg and Jamie Erlicht to move to Apple […]

Booz Allen reported its billing practices are under investigation — and its shares drop sharply after hours – Washington Post

Post Contributor Badge This commenter is a Washington Post contributor. Post contributors aren’t staff, but may write articles or columns. In some cases, contributors are sources or experts quoted in a story. More about badges | Request a badge Booz Allen reported its billing practices are under investigation — and its shares drop sharply after […]

Dollar Slips With Stock Futures While Bonds Rise: Markets Wrap – Bloomberg

Dollar Slips With Stock Futures While Bonds Rise: Markets Wrap – Bloomberg

Asian stocks fell with U.S. futures after a report that investigators are probing whether U.S. President Donald Trump attempted to obstruct justice. Bonds rallied after Federal Reserve Chair Janet Yellen suggested weak readings on inflation won’t persist as the central bank continued its path of tightening. Equities in Tokyo and Sydney retreated with S&P 500 futures and the […]

Uber board member cracks ‘inappropriate’ joke about women at company event on sexual harassment – Washington Post

Uber board member David Bonderman, shown in 2014. (Andrew Harrer/Bloomberg News) Billionaire businessman David Bonderman, a member of Uber’s board, apologized Tuesday for making what he called an “inappropriate” comment about women at a company-wide meeting that was aimed at addressing the harassment of women and other unprofessional conduct within the company. The comment came as […]

Top Uber exec Emil Michael departs the company as Kalanick’s fate remains in doubt – Washington Post

The descent of Uber into corporate chaos reached a critical juncture Monday as the company shed yet another top executive, added a new outside board member and prepared for a day of reckoning over allegations of widespread harassment of employees. The fate of the company’s polarizing chief executive, Travis Kalanick, hung in the balance throughout the day […]