Amazon Is Working On at Least Three Grocery-Store Formats

Amazon's unveiling of its first small-format grocery store, Amazon Go, is one of at least three formats of brick-and-mortar food stores the online retail giant is exploring, according to people familiar with the matter, as it makes a play for the one area of shopping that remains stubbornly in-store.

 
Aetna and Humana Argue a Merger's Benefits as Antitrust Trial Begins

The Justice Department and proposed merger partners Aetna Inc. and Humana Inc. presented a judge Monday with starkly different visions of how the transaction would affect the marketplace.

 
Ford Taps Debt Markets

Ford Motor is seeking to raise about $2 billion in new long-term financing for the automotive business, as the company tapped debt markets for the first time in nearly four years to fund a core auto-making operation looking to invest in new technologies.

 
BHP Billiton Wins Trion Oil Field Bid

Australia's BHP Billiton won the bidding to join with Mexican state oil company Petróleos Mexicanos in the Trion oil field in the Gulf of Mexico, in the first award of several auctions of deep-water oil blocks Monday.

 
United Continental Mechanics Approve New Labor Deal

A majority of the more than 9,000 mechanics at United Continental approved a six-year labor agreement that will lift wages.

 
General Mills to Cut Up to 600 Jobs Amid Restructuring

General Mills said between 400 and 600 jobs would be eliminated in a restructuring as the struggling food giant works to adapt to changing food trends and prepare for an eventual new leader.

 
Under Armour Signs Deal to Supply MLB Uniforms

Under Armour struck a sponsorship deal with Major League Baseball that will put the company's logo on the front of a major professional sports uniform for the first time but will give most revenue from jersey sales to another company.

 
Limited Stores Begins Layoffs Ahead of Possible Sale

Limited Stores has begun laying off employees at its Ohio headquarters as the troubled women's apparel chain hopes to snag a buyer.

 
FCC Airwaves Auction Fails Again to Draw Enough Bids

The U.S. government's massive airwaves auction again failed to move forward Monday after a single two-hour round of bidding didn't generate enough demand.

 
Deloitte's Brazil Affiliate Fined $8 Million

The Brazil affiliate of accounting firm Deloitte Touche Tohmatsu agreed Monday to pay $8 million to settle a U.S. regulator's allegations it issued false audit reports and tried to cover it up.

(END) Dow Jones Newswires

December 05, 2016 17:15 ET (22:15 GMT)

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