Amazon’s first Fresh Supermarket Store will open its doors this week. Amazon Amazon is opening the first location of its new chain of groceries, designed to target a different set of customers than Whole Foods retailers. The first Amazon Fresh store, in the Woodland Hills neighborhood of Los Angeles, will …
Read More »Chinese EV maker Xpeng increases US IPO size to $ 1.5 billion
Xpeng Motors Technology is headquartered in Guangzhou, China Giulia Marchi | Bloomberg | Getty Images Chinese electric car maker Xpeng has increased the size of its U.S. public offering to about $ 1.49 billion, two sources with direct knowledge of the matter. The company will price its shares at $ …
Read More »Hurricane Laura strikes in southwest Louisiana near Texas
Hurricane Laura made landfall in southwestern Louisiana as a fierce Category 4 monster with 150 mph winds early Thursday, sweeping a low-lying coastline with ocean water that forecasters said could be 20 feet deep and unbearable. The National Hurricane Center said the storm, which intensified rapidly Wednesday before plowing ashore, …
Read More »The New Zealand Exchange faced DDoS attacks this week
An electronic screen shows international currency rates and the NZ markets next to a building on February 7, 2018 in Auckland, New Zealand. Phil Walter | Getty Images News | Getty Images Trading was halted on the New Zealand Stock Exchange on Thursday for the third day in a row …
Read More »One week left to retire, saving Medicare costs
Yoshiyoshi Hirokawa | DigitalVision | Getty Images Retirees who have taken out a mandatory distribution of a pension account this year have a week to return the money. The CARES Act, the coronavirus relief bill signed into law this spring, allows people with pension accounts to skip the required minimum …
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