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Walmart is buying India's Flipkart

Walmart has agreed to buy India's leading online retailer Flipkart, paying $16 billion for a controlling stake of 77%.

Wells Fargo and LISC Join Forces to Fuel Economic Opportunities in Houston’s Underbanked and Low-Income Communities

Wells Fargo is providing $2.5 million to help expand the Local Initiatives Support Corporation’s (LISC) Financial Opportunity Centers (FOCs) to help underemployed workers in 15 metro areas over the next three years. The grant is expected to help provide employment ...

Sprint and T-Mobile Will Need to Show How Fewer Choices Benefits Consumers

On Sunday, April 29, 2018, Sprint and T-Mobile announced a $26 million deal to merge. If this merger is successful it would reduce the wireless market from four major carriers down to three. The deal would need to be approved ...

Black-Owned Natural Haircare Subscription Box, CurlKit, Collaborates With Shea Moisture to Release Their New Red Palm Oil Collection

This month, Curlkit has collaborated with Shea Moisture and the top hair care brand is exclusively taking over Curlkit’s April 2018 subscription box with its new Red Palm Oil Collection. Shea Moisture is known for its commitment to ethical sourcing ...

Atlantic Coffee Solutions Set to Close Its Doors in Houston's East End

From the Metro Rail to townhouses and new businesses, the East End has experienced a lot of growth but one thing that didn't seem to change over the decades was the aroma of roasting coffee coming from the iconic plant ...

Starbucks Controversy Gives Local Coffee Shop Sales Boast

A local coffee shop is seeing an unprecedented spike in business, as controversy surrounding Starbucks, brings customers to their doorstep. Orgena Keener operates Kaffeine Coffee in the Third Ward and was pleasantly surprised to see just how many new visitors ...

How Richard Branson went from high-school dropout to billionaire entrepreneur

As a teenager, Richard Branson never imagined he'd be where he is today. "I was seen as the dumbest person at school," the founder and CEO of Virgin Group told CNNMoney. "The idea that I could be successful didn't dawn ...

Comcast offers $31 billion for Sky, setting up showdown with Fox

Comcast has formalized its bid for European broadcaster Sky, a move that sets up a battle royale with rival US powerhouse 21st Century Fox.

Amazon now delivers to the trunk of your car

Amazon turned the trunk of my car into a mailbox. The tech giant has launched a new service in 37 US cities that delivers packages to the trunks of cars for free. The catch? You need to be a Prime ...

Wells Fargo's 20-month nightmare

Geier, Matt Egan and Danielle Wiener-Bronner (CNN Money) -- Wells Fargo may face an angry crowd at its shareholder meeting Tuesday in Iowa. Investors are pushing proposals to rein in Wells Fargo, and activists are organizing protests slamming the bank ...

Police say man saved many lives by stopping gunman in Waffle House shooting

Police say a 29-year-old man saved many lives when he confronted the gunman during the deadly mass shooting at Waffle House early Sunday morning.

Sears CEO offers to buy Kenmore brand

Sears' CEO and majority owner Eddie Lampert is offering to buy the Kenmore brand and some other assets from the troubled retailer. Lampert's offer letter to the company he controls says he's making the bid because the company hasn't been ...

How major companies handle and botch public relations crises

Over the past several days, two major American companies found themselves facing public relations disasters. A fatal engine failure aboard a Southwest flight left the airline scrambling to ensure passengers that its planes are safe. And Starbucks was in the ...

The ACLU says there's a large disparity in police stops in area where Starbucks arrest happened

The area of Philadelphia where two men were arrested while waiting at a Starbucks last week has what the American Civil Liberties Union calls "the highest racial disparities in pedestrian stops in the entire city."

The average Goldman Sachs worker made $110,000 in three months

Wall Street is alive and well. Goldman Sachs reported a $2.8 billion profit for the first quarter Tuesday, topping forecasts. And workers at the investment bank were rewarded handsomely. Compensation expenses — a number often referred to as the bonus ...