Business News

ANALYSIS: Amazon closed its $13.7 billion purchase of Whole Foods Market today, kicking off a new chapter not only for these two players but for the entire retail industry. The companies, which outlined their plans in a ...

WASHINGTON

Gasoline futures are surging as catastrophic storms continue to batter Texas, but oil futures are sinking. Here's why.

The 48-year-old was the highest paid CEO of a U.S. tech company in 2016.

Studio Bank aims to become the first de novo in Nashville in nearly a decade.

Ripple prices continue to froth after a spike in Korean trading sent XRP up by double digits last week. Prices corrected over the next few days, wiping out any positive Ripple news that started the rally in the first pla...

The famed macro-investor's key market metrics currently favor emerging markets. How to profit.

Charlie Riedel/AP As Hurricane Harvey continues to cause devastating flooding in Texas, tens of thousands of people could be driven from their homes. Donations to the Salvation Army and Red Cross can help provide relief ...

Halliburton, NCS Multistage, Select Energy, U.S. Silica, Mammoth Energy and Solaris Oilfield are favored.

Hurricane Harvey, which has since been downgraded to a tropical storm, has dumped over 2 feet of rain on Houston, Texas, and two more feet are expected. The forecast suggests Houston will get 50 inches of rain — as muc...

BII This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. American Express is selling its prepaid card technology to prepaid card firm InComm Holding...

AOP.Press/Corbis/Getty Images After eschewing banner ads for years, BuzzFeed is finally embracing them. BuzzFeed will start showing people display ads that will be bought and soldusingthird-party ad technology on a globa...

Amazon had pledged to lower prices at the chain once dubbed "Whole Paycheck."        

Adrees Latif/Reuters Several oilrefineries in Texas have been shut down temporarily asHarvey continues to ravage the state. Ten oil refinery plants around Houston and Corpus Christi areshutting down, according to a repor...

REUTERS/Suzanne Plunkett Gilead is spending$12 billion to buy Kite Pharma, a biotech that has no approved therapies yet. The drugmaker's therapy that's a few months away from a possible approval isahighly personalized ca...

Reuters/Mike Blake German students took home first prize at SpaceX's Hyperloop competitionthat ran this weekend. WARR Hyperloop, a team composed of students from Technical University of Munich, clinched the win after its...

On the day that thousands of St. Louis workers get pay cuts due to a new state law, Mayor Lyda Krewson, faith leaders and others will gather in support of …

Waiting periods vary state by state -- and often make it tougher to buy certain coverage as a storm is approaching

AP Photo/Alex Brandon President Donald Trump confused two Finnish journalists at a joint press conference on Monday. After taking several questions, Trump encouraged Finish President Sauli Niinistö to take an additional...

The devastating floods wrought by Hurricane Harvey have grounded flights and shut down operations in Houston for Chicago-based United Airlines, with major flight disruptions expected throughout the week. George Bush Inte...

Starbucks is a coffee chain that is known for its innovative and inventive products, so it is no surprise that the company keeps bringing customers brand new wacky creations. Video provided by TheStreet        

The firm may see negligible EPS growth in fiscal 2018 and mid- to upper-single-digit growth in fiscal 2019 and 2020.