Andrew Gillan of Janus Henderson Investors says he likes markets in the Philippines and Indonesia, and explains why it's difficult to invest in Vietnam despite its...Investingread more
China has other "weapons" in its trade battle with the United States — and selling off its U.S. Treasury holdings will not be one of them, said Richard McGregor, senior fellow...China Economyread more
Deutsche Bank Wealth Management's global chief investment officer predicted the Federal Reserve will cut interest rates twice in the next 12 months, but chances of a four-time...US Economyread more
Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
Germany online bank N26 said it raised a huge $170 million in additional funding, valuing the six-year-old fintech start-up at $3.5 billion.Technologyread more
Stocks in Japan were the biggest losers among major markets in the region on Thursday, with the other Asian bourses following suit, amid a renewed threat to trade.Asia Marketsread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
said it has no current plans to automate the jobs of cashiers in stores after it finishes acquiring the grocery chain. It also isn't planning any layoffs, according to a spokesperson.
There is some speculation, however, that Amazon may change its plans and use new technology inside of Whole Foods locations.
Amazon Go, for example, is a new service that Amazon has been testing in its own small grocery store in Seattle that allows shoppers — only Amazon employees — to walk in, pick up goods and walk out without ever going through a check-out line.
Amazon Go doesn't use robots to stock shelves (yet) but Amazon does tap into computer vision and deep learning to power its shopping experience.
That process eliminates the need for a cashier or a full grocery staff almost entirely and makes the shopping experience smoother for consumers who don't need to wait in line.
It's hard to see why Amazon wouldn't do this eventually, but Whole Foods employees can rest safe for now.
Amazon was not immediately available for comment.