Business Trucking News+ More Wall Street ekes out gains + MORE 02/19/2017

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Toy industry is getting ready for 2017 Toy Fair in New York City starting on Saturday. This year, physital is the thing, as in a combination of physical and digital. Elly Park reports.

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The market for natural alternatives to household staples like diapers, hand soaps and paper towels has another niche business: condoms.

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General Motors plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft beginning in 2018, two sources familiar with the automaker’s plans said this week, putting GM two-years ahead of industry plans for such a large rollout.

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Japan’s SoftBank is prepared to give up control of Sprint to T-Mobile to clinch a merger of the two U.S. wireless carriers, according to Reuters’ sources.

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Wall Street ekes out gains

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Consumer and telecom stocks rallied Friday to offset the decline in energy stocks. Fred Katayama reports.

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Business Trucking News+ More For Media Startups, the 'Resistance Will Be Venture-Backed' + MORE 02/17/2017


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By Alexander Davis In the age of Trump, an array of tech-focused opponents, journalistic outlets and civic-engagement groups across the U.S. are marshaling forces to strike back.And they are teaming up with venture capitalists and other investors who are stunned by Donald Trump’s election and aghast at what the young administration already has done out of the gate…

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European Union officials have urged Greece and its lenders to conclude a long-overdue bailout review quickly to safeguard economic recovery. But as Ciara Lee reports, with days to go until a key meeting on Monday, Athens is saying it won’t ask for “a euro more” from its austerity-wracked citizens.

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Argentina is looking at ways to develop a key waterway in order to carry more of the country’s grains exports. As Ciara Lee reports, a government initiative to boost the economy has left the Parana river struggling to cope with the amount of traffic.

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Kraft Heinz vowed to try to win Unilever over after the Anglo Dutch multinational turned down its bid. As Fred Katayama reports, a marriage would be the third biggest takeover in history.

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Business Trucking News+ More Indoor Farming Takes Root at California Startup + MORE 02/15/2017

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The Japanese telecom titan’s $3.3 bln acquisition of a private-equity firm may be a smart, albeit strange, so-called acqui-hire. Tom Buerkle and Jeffrey Goldfarb consider the merits.

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By Jacob Bunge and Eliot Brown SOUTH SAN FRANCISCO, Calif.—In a renovated warehouse by San Francisco Bay, plastic towers sprouting heads of lettuce, arugula, and herbs rise 20 feet to the ceiling, illuminated by multicolored LED lights that give the room a futuristic feel.A group of tech entrepreneurs and investors including billionaires Jeff Bezos and Eric Schmidt are betting this facility, 100 miles north of California’s “salad bowl” produce-farming epicenter, can redefine how vegetables and fruits are grown for local consumption…

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By Ben Fritz As Silicon Valley giants battle each other to dominate virtual reality in the home, some in Hollywood are hoping to use the technology to get people out and about.A new venture backed by three studios and director Steven Spielberg has raised $11 million as it aims to launch its first VR storefront at a Los Angeles mall this fall with plans for a wider rollout next year…

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'Yellen trade' keeps stocks riding high

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World stocks have hit 21-month peaks and the dollar rose for the 11th straight day, after Federal Reserve Chair Janet Yellen flagged a possible interest rate rise next month during upbeat comments on the U.S. economy. Ivor Bennett reports.

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