Walmart Inc. ( WMT ) has announced plans to sell its stake in Chinese e-commerce giant and Alibaba-rival JD.com Inc. ( JD ) , causing JD.com’s shares to plummet. This decision comes as Walmart ( WMT ) shifts its focus towards its own operations in China, as per the SEC filing. What Happened: Walmart ( WMT ) aims to raise...

TAOS, New Mexico (Reuters) - After two arson attacks at a Starbucks ( SBUX ) construction site in Taos, New Mexico, a developer is trying again to build the chain's first drive-through cafe in the mountain town with a history of revolts and opposition by some to national chains.   It did not take long for locals in this community of...

Aug 21 (Reuters) - * AUTOMATED INDUSTRIAL ROBOTICS INC. ACQUIRES SEWTEC AUTOMATION * AUTOMATED INDUSTRIAL ROBOTICS - TRANSACTION WAS FUNDED PRIMARILY BY ADDITIONAL INVESTMENT FROM ARES MANAGEMENT PRIVATE EQUITY FUND * AUTOMATED INDUSTRIAL ROBOTICS - TERMS OF TRANSACTION WERE NOT DISCLOSED Source text for Eikon: ...

Wednesday, Smart for Life, Inc ( SMFL ) announced the potential expansion of its acquisition pipeline and provided an update on its M&A activities. The Company is currently negotiating the acquisition of four profitable Health & Wellness targets with several additional prospects in exploratory discussions as part of the Company's post-restructuring initiatives.  The acquisitions include the following: Purely Optimal Nutrition—This...