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Best Buy expands same-day delivery to ward off Amazon

Bloomberg Best Buy Co. is bringing its same-day delivery service to more than a dozen new cities as the biggest US consumer-electronics retailer tries to keep pace with Amazon.com Inc. Starting September 6, the service will expand from 13 to 27 cities, including San Diego, Charlotte, Denver and Best Buy’s hometown region of Minneapolis/St. Paul, according to a company blog ...

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Amazon may cut Whole Foods prices more to beat Wal-Mart

Bloomberg Jeff Bezos will have to trade in his potato peeler for a meat cleaver if he wants to fight a price war with Wal-Mart Stores Inc., his biggest grocery competitor. Despite price reductions on kale, bananas and more after Amazon.com Inc. officially took control of Whole Foods recently, the grocer has long touted the superior quality of its food ...

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Gasoline surges as traders eye Harvey impact on energy assets

Bloomberg Gasoline climbed to the highest level in more than two years as traders assess how quickly key Gulf Coast refineries and pipel- ines are able to return to service following Harvey. Motor-fuel prices jumped 13.5 percent in New York. Harvey has shuttered about 23 percent of US refining capacity since its first landfall on the Texas coast as a ...

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