Wal-Mart Stores Inc. is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age of Amazon's increasing dominance.
The world's largest retailer, based in Bentonville, Arkansas, said Wednesday it will change its legal name to Walmart Inc. from Wal-Mart Stores Inc.
It said the move underscores its growing emphasis on serving shoppers in different ways beyond just physical stores but also online, on their mobile devices and through pickup and delivery. The company has been making inroads in narrowing the gap between itself and Amazon by making big investments in its online business.
Countering strident attacks on his agency from the president who appointed him, FBI Director Christopher Wray on Thursday defended the tens of thousands of people who work with him and declared, "There is no finer institution, and no finer people, than the men and women who work there and are its very beating heart."
Wray provided his first public defense of the nation's premier law enforcement agency since a weekend of Twitter attacks by President Donald Trump, who called the FBI a biased institution whose reputation is "in Tatters — worst in History!" and urged Wray to "clean house."
The outburst from the president followed a guilty plea from his former national security adviser for lying to the FBI and the revelation that an agent had been removed from a special team investigating the Trump campaign because of text messages seen as potentially anti-Trump.
Russian President Vladimir Putin has not decided yet whether to run for office next year as an independent candidate or secure support from the ruling party, his spokesman said Thursday.
The 65-year old Russian leader, who has ruled the country since 2000, ended months of speculation by announcing Wednesday that he would seek his fourth term in office in the March 18 presidential vote. Putin's 80-percent approval ratings make his victory all but certain.
Putin spokesman Dmitry Peskov told reporters Thursday that the president has yet to make up his mind whether he would run as an independent or on United Russia's platform.
Bitcoin surged past $19,000 for the first time Thursday before falling sharply from its record high.
In trading on the Coinbase exchange, the digital currency hit a high of $19,340 after soaring through $12,000 on just Tuesday night. After hitting the record high Thursday, bitcoin fell more than 20 percent from that level to $15,198.63. At 12:02 p.m. New York time, the cryptocurrency traded at $16,260.01.
Despite its wild ride, bitcoin now has a market value of more than $270 billion, meaning it would rank among the 20 largest stocks in the S&P 500.
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The city of Naples, often in headlines for its garbage woes and mafia violence, is celebrating international recognition of its tastier side.
UNESCO on Thursday added the art of the Neapolitan pizza maker, or "pizzaiuolo," to its list of "intangible cultural heritage of humanity." Neapolitan pizza making was one of 33 traditional practices from around the world that were added to the U.N. cultural organization's list of "forms of expression" that are of importance to humanity.
Donald Trump Jr. refused to tell lawmakers about conversations he had with his father regarding a 2016 Trump Tower meeting with a Russian lawyer after emails detailing the meeting had become public, according to the top Democrat on the House intelligence committee.
Speaking to the committee behind closed doors on Wednesday as part of its investigation into Russian meddling in the 2016 election, Trump Jr. said he didn't tell the president about the meeting between Trump campaign officials and Russians when it happened and he declined to elaborate on what he ultimately told him after the meeting became public.
A whistleblower has told House Democrats that during President Donald Trump's inauguration speech, national security adviser Michael Flynn texted a former business associate to say a private nuclear reactor plan Flynn had lobbied for would also have his support in the White House.
As the whistleblower chatted with Flynn's associate at an Inauguration Day celebration on Jan. 20, Flynn sent text messages saying the associate's nuclear proposal was "good to go," the whistleblower said. According to the whistleblower, Flynn also informed the associate that his business partners could move forward with their project, which aimed to construct a network of nuclear reactors across the Mideast with support from Russian and other international interests.
Thursday, Dec 7, 2017 at 10:38 AM
Face-Biting Florida Teenager To Try Insanity Defense
Attorneys for a Florida teenager accused of killing a couple, eating one of their faces and gravely injuring their neighbor say they are going to try to prove their client is insane.
Attorneys for Austin...
General Electric Co. will cut 12,000 jobs in its power division as alternative energy supplants demand for coal and other fossil fuels.
The company said Thursday that the cuts to both office and production jobs, will help "right-size" GE Power, as traditional power markets, and the volume of the fuels that power them, decline.
The job cuts will mostly be outside the U.S. and will comprise approximately 18 percent of the power unit's workforce. GE would not say where workers would be effected, but the power distribution network in Europe has seen significant disruption as demand there wanes. Last month, industrial conglomerate Siemens announced plans to cut about 6,900 jobs worldwide at its power, gas and drives divisions, half of them in Germany.
Thousands of Saudi women cheered and rose to a standing ovation Wednesday at the country's first public concert by a female singer, NBC News reported.
"This is a very proud moment for Saudi Arabia," the master of ceremonies said while welcoming Lebanese singer Hiba Tawaji to the stage in the capital, Riyadh. "All women should express their appreciation for a fact that a woman for the first time is performing at a concert in Saudi Arabia."
Some women danced to covers of Whitney Houston and Celine Dione, as well as Arab classics. Others even removed their abayas — the loose-fitting, full-length robes local women are required to wear in public — allowing their hair to hang loose.
Saudi Arabia is consistently ranked as one of the worst countries for gender equality in the world. The concert is the latest example of how Crown Prince Mohammed bin Salman’s reforms are changing life for Saudis.
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By night, anonymously from his darkened room, Mosul Eye told the world what was happening. He forced himself to witness ISIS beheadings and stonings, so he could hear killers call out the names of the condemned and their supposed crimes. If caught, he too would be killed.
But after more than three years, his double life has grown too heavy to bear. He misses his name.
His secrets consume him, sap energy he'd rather use for his doctoral dissertation and for helping Mosul rebuild. In conversations with The Associated Press, he agonized over how to end the anonymity that plagues him. He made his decision.
Mosul Eye is Omar Mohammed, historian, scholar, blogger. He is 31.
Modern birth control pills that are lower in estrogen have fewer side effects than past oral contraceptives. But a large Danish study suggests that, like older pills, they still modestly raise the risk of breast cancer, especially with long-term use.
Researchers found a similar breast cancer risk with the progestin-only intrauterine device, and they couldn't rule out a risk for other hormonal contraceptives like the patch and the implant.
But the overall increased risk was small, amounting to one extra case of breast cancer among 7,700 women using such contraceptives per year. Experts who reviewed the research say women should balance the news against known benefits of the pill — including lowering the risk of other cancers.
A Pennsylvania gas station is testing whether blue lights in bathrooms can discourage drug use by making it difficult for people to see their veins.
The Sheetz gas station chain has installed the lights at its New Kensington location as a pilot project.
Sheetz says it's working with local police on the initiative. Spokesman Nick Ruffner says the lighting is designed to help customers and employees "avoid dangerous situations." He says it's being tested at that store "for the time being."