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 Amtrak hits refresh button on Northeast train interiors
USA TODAY, November 17, 2017 Friday

 WASHINGTON - Amtrak officials say renovations to Northeast Regional trains will delight several senses of their customers. Fresh carpeting and seat cushions have a new-car smell. LED lighting is brighter than its incandescent and fluorescent predecessors. And simulated-leather seats feel like airline seats compared to the previous blue fabric.
 Walmart puts Amazon on notice in 3rd quarter
USA TODAY, November 17, 2017 Friday

 Unseating Amazon as the biggest player in e-commerce is a tall -- maybe impossible -- task. But Walmart is giving the online titan a run for its money.
 Markets Bounce Back Led by Walmart and Cisco
The New York Times, November 17, 2017 Friday

 Stocks in the United States closed sharply higher Thursday, snapping a two-day losing streak. Investors cheered strong quarterly earnings from Walmart Stores, Cisco Systems and other companies. Technology stocks accounted for much of the market's gains, which helped lift the Nasdaq composite to its first record high in just over a week.   Health care companies and consumer product makers also posted solid gains. Energy and utilities stocks lagged. Oil prices declined.
 Stitch Fix Prepares to Go Public as Amazon's Long Shadow Looms in the Closet
The New York Times, November 17, 2017 Friday

 Stitch Fix is an increasingly rare kind of start-up pursuing a public listing, because it has shown it can turn a profit. The question for investors is whether a company whose business could be swamped by Amazon -- in this case, selling clothes over the internet -- is a safe bet. Stitch Fix priced its initial public offering at $15 a share on Thursday, below expectations for $18 to $20 a share, as it embarks upon a new life as a publicly traded company. At that price, Stitch Fix raised about...
 QUARTERLY REPORT; L Brands earnings, key sales indicator fall;
The Columbus Dispatch (Ohio), November 16, 2017 Thursday

 L Brands reported third-quarter earnings Wednesday afternoon that were roughly in line with Wall Street expectations, but shares fell by more than 3 percent in after-hours trading.
 P&G buys digital deodorant brand; Direct-to-consumer product has online cred
The Cincinnati Enquirer (Ohio), November 16, 2017 Thursday

 Procter & Gamble said Wednesday it has acquired Native, a fast-growing direct-to-consumer deodorant brand for an undisclosed sum.
 Target hits the mark with sales rise, but net earnings tumble
USA TODAY, November 16, 2017 Thursday

 Target is heading into the holiday season with a slight breeze at its back, reporting an uptick in sales and traffic in the last quarter. The retailer says sales at stores open at least a year crept up 0.9% in the three-month period ending Oct.28 and overall sales rose 1.4% to $16.7 billion as compared to $16.4 billion in 2016. With earnings of 87 cents per share, the quarter beat the expectations of S&P Global analysts by two cents.
 MARKET ROUNDUP; Stocks decline for a 2nd straight day
Los Angeles Times, November 16, 2017 Thursday

 Technology firms led U.S. stocks lower Wednesday, extending losses from the day earlier and giving the market its biggest drop since early September. Grocery stores and packaged foods and beverage firms also accounted for much of the decline. Energy stocks fell as the price of crude oil slipped further the day after its biggest loss since October. Banks and phone companies eked out modest gains.
 Koch Brothers Said to Back Meredith Bid For Time Inc.
The New York Times, November 16, 2017 Thursday

 Time Inc. is said to be in talks to sell itself to the Meredith Corporation, in a deal backed by Charles G. and David H. Koch, the billionaire brothers known for supporting conservative causes. Talks between Time Inc., the publisher of Time and People, and Meredith, the publisher of Family Circle and Better Homes and Gardens, fizzled this year. The new round of negotiations, motivated by the surprise entry of the Kochs, could lead to a quick deal, according to people involved in the discussions....
 Amazon's Merchants Brood As States Come for Tax Money
The New York Times, November 16, 2017 Thursday

 SEATTLE -- Amazon and the tax man are back at it again. For years, the company and state governments scuffled over Amazon's resistance to charging state sales tax, which helped keep prices low on its e-commerce site and angered politicians and other retailers. Eventually, Amazon began adding the tax in states across the country.   But there was a loophole. Amazon added the tax only when the item came from its own inventory, not from the millions of independent merchants who sell products...
 Anheuser-Busch names new leadership in North America
St. Louis Post-Dispatch (Missouri), November 14, 2017 Tuesday

 Anheuser-Busch InBev is promoting Michel Doukeris, a brewery executive who has grown Budweiser sales in China, to president of its North American zone and CEO of Anheuser-Busch, its U.S. headquarters in St. Louis.
 Amazon or Walmart? Chains are taking sides; Retailers forging some unusual partnerships in struggle for survival
Chicago Tribune, November 15, 2017 Wednesday

 Store chains feeling the upheaval in retail are making strategic alliances -- and that can mean picking sides. Kohl's shoppers can find Amazon devices at some stores and return items they bought from the online retailer. Nike has made some of its sneakers available through Amazon. The owner of Sears is selling Kenmore-branded appliances on Amazon in some markets. And Best Buy is teaming up with Amazon for voice shopping. Meanwhile, Walmart, which has the most store locations, is assembling a...
 Airbnb reportedly nets $1b for quarter
The Boston Globe, November 15, 2017 Wednesday

BODY Airbnb Inc. remains on a profitability streak and pulled in about $1 billion in net revenue for the quarter that ended in September, according to people familiar with its financial results.
 Investors reject Flannery's rebuild, GE stock falls again
The Boston Globe, November 15, 2017 Wednesday

BODY General Electric's share price fell after CEO John Flannery revealed plans for cuts across the company and to trim its dividend by half. General Electric, the last original member of the Dow Jones Industrials, has shed $119 billion in market value this year and its stock price is down 43 percent. General Electric Co. chief executive John Flannery indicated that it would take at least a year for his turnaround plan to start paying off. Many investors are deciding not to stick around.
    

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