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Walmart has agreed to buy India's leading online retailer Flipkart, paying billion for a controlling stake of 77%.Flipkart gives Walmart access to a market it has been trying to crack for years. Foreign investment regulations have thus far prevented the Arkansas-based retailer from opening stores in India, restricting it to operating 21 wholesale distribution outlets."India is one of the most attractive retail markets in the world, given its size and growth rate, and our investment is an opportunity to partner with the company that is leading transformation of e-commerce in the market," Walmart CEO Doug McMillon said in a statement.The deal is subject to regulatory approval.SoftBank CEO Masayoshi Son, whose company is one of Flipkart's biggest investors, let news of the deal slip earlier on Wednesday while presenting his company's earnings.SoftBank invested .5 billion in the Bangalore-based company last year. Son said that the sale to Walmart valued SoftBank's stake at billion.Many of Flipkart's other investors will retain stakes in the company, including co-founder Binny Bansal, Chinese tech giant Tencent and Microsoft, Walmart said in a statement. Walmart's interest in investing in the Bangalore-based firm was first reported in 2016, and a deal boosts its firepower in a battle with Amazon in the world's fastest growing major economy.Amazon has long considered India one of its most important overseas markets.Amazon CEO Jeff Bezos has committed to investing at least billion in his company's India business, saying in 2016 that he saw "huge potential" in the country. Amazon has introduced its Prime video and music services in India in its effort to challenge Flipkart, as well as its annual Prime Day blockbuster sale.Flipkart now has an even bigger war chest to fend off Amazon in an e-commerce market that Morgan Stanley estimates will be worth 0 billion by 2026. The Indian firm could also speed up its expansion into groceries, an area that has already pitted Amazon against Walmart in the United States.Amazon may have been trying to spoil Walmart's plans until the very last minute. Indian media reported in early May that it made a counteroffer to buy Flipkart.  2223

VISTA, Calif. (KGTV) -- Certain businesses in Vista will be allowed to take their operations outdoors in light of the state’s COVID-19 pandemic-related restrictions.Vista officials said a Temporary Emergency Order was issued Wednesday “to relax outdoor use for personal care services, salon and barber shop services, and gym and fitness services to temporarily relocate their existing business operations to an adjacent outdoor area during the COVID-19 pandemic.”The city’s order comes as indoor operations across the state shut down -- effective July 15 -- for gyms, houses of worship, non-critical office businesses, hair salons and barber shops, indoor malls and personal care services.Vista businesses that would like to move services outdoors are asked to contact the city’s Economic Development Department at 760-639-6165 or via email at EconDev@CityofVista.com.In a statement, Vista Mayor Judy Ritter said, “It’s a top priority for the City of Vista to do everything we can to support our local businesses during this pandemic and still protect the health and safety of the community. This temporary emergency order will provide the needed support to our Vista businesses so they are able to retain their employees and remain economically viable during this pandemic.” 1283

WASHINGTON — The Trump campaign says it has filed lawsuits Wednesday in Georgia, Pennsylvania and Michigan, and will ask for a recount in Wisconsin.Democratic challenger Joe Biden is projected to win Wisconsin with a roughly 20,000 vote lead. No presidential race winner has been projected for either Pennsylvania, Michigan or Georgia at this time.The lawsuits in Michigan and Pennsylvania both demand better access for campaign observers to locations where ballots are being processed and counted, the campaign says.“In Philadelphia and elsewhere, Democrat officials forced our observers to stay 25 feet or more from the counting process, leaving no meaningful way whatsoever for our observers to do their jobs,” the statement from Justin Clark, Trump’s deputy campaign manager, reads.At a press conference Wednesday afternoon, Trump's personal attorney, Rudy Giuliani, elaborated on the campaign's legal action in Pennsylvania. "Not a single Republican has been able to observe these (absentee) ballots,” Giuliani said, adding speculatively, "Joe Biden could have been able to vote 5,000 times, we don’t know."With about 84 percent of the ballots counted in Pennsylvania, Trump leads Biden by almost 300,000 votes.The Trump campaign said Wednesday they are also seeking to intervene in a state case at the Supreme Court that deals with whether ballots received up to three days after the election can be counted, deputy campaign manager Justin Clark says.In the Michigan suit, election officials are asked to stop absent voter counting boards from counting because they are allegedly not complying with a state statute that 1 election inspector from each major political party be present during counting, according to the lawsuit.It also asks that observers be allowed to view surveillance video of ballot boxes that were in "remote and unattended" locations.In response to news of the lawsuit, demonstrators went to a building in downtown Detroit trying to get inside to challenge votes being counted. Hundreds of challengers are already inside the TCF Center, according to WXYZ in Detroit, and those outside are not being let in. The Detroit Health Department says the building is at capacity, and police are enforcing those capacity rules. Giuliani hinted the Trump campaign may bring a larger lawsuit about issues with observing ballot counting. "We're going to consider a federal lawsuit. Quite possibly we'll do a national lawsuit and reveal the corruption of the Democratic party," he said. Trump tweeted Wednesday afternoon, without supporting data, that he claimed victory in Pennsylvania, Georgia and other states. He also made unsubstantiated claims about "secretly dumped ballots."Michigan Attorney General Dana Nessel's office released a statement asserting the state's elections were "conducted transparently, with access provided for both political parties and the public, and using a robust system of checks and balances to ensure that all ballots are counted fairly and accurately."In Wisconsin, candidates are allowed to ask for a recount if the margin is less than 1 percent. The current margin is roughly .6 percent.The Trump campaign said they would seek a recount. No word on when that will begin.In Georgia, as of Wednesday night, Trump had a slight lead over Biden by 33,000 votes. There are roughly 100,000 votes left to count. The Biden campaign released a statement responding to the lawsuits:"When Donald Trump won Wisconsin in 2016 by roughly the same amount of votes that Joe Biden just did, or won Michigan with fewer votes than Joe Biden is winning it now, he bragged about a 'landslide,' and called recount efforts 'sad.' What makes these charades especially pathetic is that while Trump is demanding recounts in places he has already lost, he's simultaneously engaged in fruitless attempts to halt the counting of votes in other states in which he's on the road to defeat. This is not the behavior of a winning campaign. Plain and simple, Donald Trump has lost Wisconsin, he is losing Michigan, and he is losing the presidency. Put another way, 'It is what it is,” Biden campaign spokesperson Andrew Bates said. 4156

Voice and text services are now restored. Thank you for your patience as we fixed the issues. We sincerely apologize for any and all inconveniences.— Neville (@NevilleRay) June 16, 2020 193

VISTA, Calif. (KGTV) -- The San Diego County Sheriff’s Department is searching for a man who disappeared from a care facility.The department tweeted just after 1 p.m. that 36-year-old Berhane Piong went missing from the facility on the 2220 block of Bosna Place in Vista.Piong has a developmental disability and has the living and decision-making skills of a 12-year-old, authorities say. He will only respond when called by Berhane.Piong was last seen wearing his favorite camouflage hoodie jacket, black sweatpants and blue sneakers.Anyone who spots him is asked to call 911. 586

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