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Walmart in talks with pharmacy startup for takeover

Bloomberg Walmart Inc. is in early talks about a deal for closely held PillPack, an online startup that could help grow the retail giant’s pharmacy offerings, according to people familiar with the situation. PillPack and Walmart declined to comment. CNBC first reported the talks, and said the price being discussed was less than $1 billion. It’s not clear if the ...

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Here’s why blue jeans making a comeback in a yoga-pants world

Bloomberg From Ralph Lauren to Calvin Klein, America’s biggest fashion labels are pinning their hopes on a blue jean revival. Across the industry, fashion brands are renewing their focus on denim, betting the wardrobe staple can be a major sales driver as jeans battle stretchy pants for supremacy from the waist down. The jeanmaking industry has been just as distressed ...

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Mena to invest $574bn in energy sector by 2022

DAMMAM / WAM The MENA region has committed $345 billion to critical energy projects under execution while an additional $574 billion worth of development is pla- nned over the next five years, bringing total committed and planned investments up to $919 billion to meet growing demand and demographic and urban expansions, according to MENA Energy Investment Outlook, issued by Arab ...

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