Amazon Unveils its Answer to Apple Pay

The most likely reason why Amazon (NASDAQ: AMZN) is offering Pay Places is to enable the use of Amazon Pay at Whole Foods (NASDAQ: WFC). Since Amazon is trying to buy Whole foods that sounds logical.

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Will Amazon and Walmart Kill Nordstrom?

These numbers show us that Nordstrom is neither a value investment nor Amazon-proof because it operates at a very narrow margin. All Amazon or Walmart would have to do to seriously damage Nordstrom is take 3% to 5% of its customers away.

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Buying Disney Makes no Sense for Verizon

There is a simple reason why Disney and Verizon do not need each other both companies are making a lot of money without each other. Ycharts data indicates that these companies are doing great on their own.

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Uber and Lyft Killing Credit Unions

That means medallions are still valuable they’re just not as valuable as they used to be. One interesting pool of customers for them in the future might be successful Uber and Lyft drivers trying to branch out to new businesses.

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Whole Foods’ Aldi Clone is a Major Opportunity for Amazon

This means that 365; and not the supermarkets, might be the real reason Amazon bought Whole Foods. Therefore both Whole Foods and the US grocery industry might be changed beyond recognition by Amazon and 365.

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Why are American Healthcare Costs so High?

Is Uncle Warren right would single-payer reduce healthcare costs? Maybe; remember we already have single-payer for seniors in the form of Medicare, and it does a lousy job of controlling costs. One reason for this is that the Centers for Medicare and Medicaid are barred from negotiating for prescription drug prices.

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Basic Income Opponents Need Some Coherent Arguments

If basic income opponents wish to succeed they will need to come up with some good arguments and realistic alternatives. One reason I suppose they do not is that the whole concept of basic income is unsettling. The idea that people might be able to survive; and be happy, without work runs to counter to everything we have been taught.

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A Few Important Things to Learn about History and the Thucydides Trap

China and America are the only nations that might be caught in the Thucydides Trap. Not true it might also ensnare China and Russia, US and Russia, China and India, Iran and Saudi Arabia and even China and France. My view is that conflict between India and China or Russia and China might be more likely because nobody expects it. Many people are aware of the possibility of a Sino-American clash and are working to prevent it. Nobody is trying to stop a Russian-Chinese conflict.

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Hyperloop One Made History on May 12 and Nobody Noticed

Hyperloop may have had its’ “Kitty Hawk moment” on May 12 and nobody noticed. That was the day Hyperloop One tested the first full-sized pod in a tube at its North Las Vegas, Nevada, test track.

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Aldi wants to become Third Largest US Grocer

The German discounter plans to open 2,500 stores nationwide by 2022, Business Insider reported. That would make Aldi, America’s second largest supermarket operator behind Kroger (NYSE: KR) which operated 2,796 supermarkets and supercenters in 2016.

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