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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

WASHINGTON — Outgoing Attorney General William Barr says he sees “no reason” to appoint a special counsel on potential election fraud or the tax investigation into the son of President-elect Joe Biden. Barr said Monday in his final press conference as Attorney General that the investigation into Hunter Biden's financial dealings was “being handled responsibly and professionally.” “To this point I have not seen a reason to appoint a special counsel and I have no plan to do so before I leave,” Barr said on Monday. Barr is set to leave office on Wednesday.Hunter Biden announced earlier this month he learned from federal prosecutors that his tax affairs are under investigation by the Delaware U.S. Attorney's office. "I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors," the statement from Hunter Biden read at the time.Also at Monday's press conference, Barr said there was "no basis" for the federal government to seize voting machines in order to investigate unsubstantiated allegations.Barr told The Associated Press in a previous interview that he had seen no evidence of widespread voting fraud, despite President Donald Trump’s claims to the contrary. Trump has pushed baseless claims even after the Electoral College formalized Biden’s victory. 1451

VISTA, Calif. (KGTV) - The former NFL player accused of raping a 17-year-old girl while she was unconscious has been bound over for trial. The preliminary hearing is over a 2003 incident in which Winslow Jr. is accused of raping the teen while she was unconscious.Winslow Jr. was 19 years old at the time of the alleged incident, prosecutors said. He pleaded not guilty in the case.RELATED: Kellen Winslow II, the former NFL player accused of rape, kidnapping, ordered to stand trialIn July, the 34-year-old Winslow Jr. was ordered to stand trial in a separate case in which he is accused in the rape and kidnapping of two women -- a 59-year-old and a 54-year-old -- in Encinitas.The son for former Chargers legend Kellen Winslow pleaded not guilty in that case.Winslow Jr. faces life in prison if convicted in the case. 833

Vigorous pyrocumulus growth associated with the #PineGulchFire (seen here via GOES 16) has produced frequent lightning flashes (blue dots in the image) the last few hours. Thunder, lightning and falling ash have all been observed here at the office. Absolutely wild! ??? #COwx pic.twitter.com/F7qIzaoNi7— NWS Grand Junction (@NWSGJT) August 19, 2020 357

WASHINGTON — Speaker of the House Nancy Pelosi announced on Twitter Thursday the House and Senate have sent the bipartisan COVID relief bill to President Donald Trump to sign. The announcement comes after efforts to quickly increase direct payments from 0 to ,000 in the stimulus bill initially seemed to have failed to move forward Thursday. In a tweet, Pelosi stated, "The bipartisan COVID relief & omnibus bill has been enrolled. The House & Senate are now sending this important legislation #ForThePeople to the White House for the President’s signature. We urge him to sign this bill into law to give immediate relief to hard-working families!"Earlier Thursday, Pelosi issued a statement that the House will be back in session on Monday, "where we will hold a recorded vote on our stand-alone bill to increase economic impact payments to ,000."After months of negotiations, Congress agreed on and passed nearly a trillion dollars in relief aid Monday. The package includes up to 0 payments to individuals, in addition to supplemental jobless benefits, help for small businesses and a moratorium on evictions.The relief package was also attached to the overall .4 trillion government funding bill, which included federal spending and priorities for the next fiscal year across all departments and agencies.President Donald Trump, who had not personally been involved in the negotiations but rather had surrogates from the administration participate, tweeted a video Tuesday in which he indicated he may not sign the bill and called for larger checks to Americans, around ,000. The bill has not been signed yet. Democrats supported the president’s call, and moved quickly to increase the direct payments to ,000 in order to secure the president’s signature and pass the relief package into law.The House tried to pass the larger payments addendum during a pro forma session, which is a brief meeting of the chamber where typically only a few members attend. Democrats had hoped to approve the measure by unanimous consent. That did not happen, according to The Hill and CNBC.House Majority Leader Steny Hoyer sought to pass the measure, while Representative Rob Wittman wanted to bring up a competing measure, according to The Hill. The representative presiding over the session Thursday morning shot down both requests, saying that according to guidelines, legislation cannot be considered by unanimous consent unless there is the approval of bipartisan leadership. The Republican House leader Kevin McCarthy said the effort was to "re-examine how we spend taxpayer dollars on foreign aid - as President @realDonaldTrump called for." He then thanked Rep. Wittman for "representing Republicans" in the "fight for the American people." 2769