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Walmart is retreating from Europe, merging its UK supermarket business Asda with bigger rival Sainsbury's.In return, Walmart will receive £2.97 billion (.1 billion) in cash and a 42% stake in the combined business, the companies said in a statement on Monday.The deal values Asda at £7.3 billion ( billion), and creates a mega retailer with 2,800 stores and combined sales of roughly £51 billion ( billion).The sale of Asda follows Walmart's exit from Germany, its other major outpost in Europe, in 2006.Walmart could use the cash to fuel its expansion in other international markets. The US retailer is reportedly close to agreeing to invest in India's Flipkart, an online retailer that has also attracted attention from Amazon."This proposed merger represents a unique and bold opportunity, consistent with our strategy of looking for new ways to drive international growth," Judith McKenna, the CEO of Walmart International, said in a statement.The combination with Asda will give Sainsbury's more firepower as it confronts digital competitors including Amazon and aggressive discount chains, such as Germany's Lidl and Aldi.It also creates a new UK market leader: Sainsbury's and Asda together control over 31% of the grocery market, according to Kantar Worldpanel. The current industry front runner, Tesco, has nearly 28%.Regulators will have a close look at the deal, but the geographical distribution of Sainsbury and Asda stores could limit concerns over reduced competition.Upmarket Sainsbury's is strong in southern England, while Asda, which tends to have larger stores and lower prices, is well represented in the north. Together, the supermarket chains employ 330,000 people.The UK Competition and Markets Authority last year approved Tesco's takeover of wholesaler Booker, saying the deal would not reduce competition in the sector, which is known for its razor-thin margins and frequent price wars. 1929
WASHINGTON (AP) — In President Donald Trump's former life as a casino owner, he might have cheered Monday's ruling from the Supreme Court that struck down a federal law that barred every state but Nevada from allowing betting on most sporting events.But the Trump administration opposed the outcome reached by the high court at least in part because it could signal trouble in its legal fight against so-called sanctuary states and cities. Seven of the nine justices — five conservatives and two liberals — backed a robust reading of the Constitution's 10th Amendment and a limit on the federal government's power to force the states go along with Washington's wishes.The federal anti-gambling law is unconstitutional because "it unequivocally dictates what a state legislature may and may not do," Justice Samuel Alito wrote in his majority opinion. "It's as if federal officers were installed in state legislative chambers and were armed with the authority to stop legislators from voting on any offending proposals."RELATED: San Diego County Board of Supervisors votes to support sanctuary state lawsuit against CaliforniaThere is a direct link between the court's decision in the sports betting case and the administration's effort to punish local governments that resist Trump's immigration enforcement policies, several legal commentators said."The court ruled definitively that the federal government can't force states to enforce federal law. In the immigration context, this means it can't require state or local officials to cooperate with federal immigration authorities," said Ilya Shapiro, a senior fellow in constitutional studies at the libertarian Cato Institute.Omar Jadwat, director of the ACLU's immigrants' rights project, said the ruling reinforced decisions from the 1990s, including one that struck down part of a federal gun control law that required local police to determine if buyers were fit to own handguns.RELATED: Escondido?City Council votes to support sanctuary policy lawsuit"It reiterates that the real thrust of the 10th Amendment and the principles of law in this area is that the fed government can't tell the states or cities how to legislate," Jadwat said. The amendment says that powers not specifically given to the federal government belong to the states.The gun law decision split the court's conservatives and liberals in 1997, in keeping with conservatives' complaints about the federal government's overreach and the importance of states' rights. But on Monday, Justices Stephen Breyer and Elena Kagan joined their more conservative colleagues.The Justice Department declined to comment on the decision, but it had called on the court to uphold the federal law at issue — the department's usual practice when federal laws are challenged — by arguing that there was no constitutional violation.RELATED: San Diego church becomes 'sanctuary congregation' amid immigration debateIn the most recent ruling about sanctuary cities, the federal appeals court in Chicago held last month that the federal government cannot withhold public safety grants from cities that won't go along with Trump's immigration enforcement policies.In lawsuits challenging the administration, cities argue that turning local police authorities into immigration officers erodes trust with minority communities and discourages residents from reporting crime. The administration says sanctuary jurisdictions allow dangerous criminals back on the street.The administration's efforts to crack down on places that don't comply with immigration authorities have taken several forms. Trump issued an executive order aimed at withholding federal money from recalcitrant jurisdictions. The administration also has sued California over three laws aimed at protecting immigrants in the country illegally. 3834
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
VISTA, Calif. (KGTV) -- Californians are getting ready for a new set of businesses to reopen after June 12, 2020. Last Friday, the state released specific COVID-19 guidelines for several industries, including gyms, bars, and hotels. Vista Fitness owner Brian Belasco is setting up cones in his parking lot to create social distancing spots for his patrons. He's doing this well in advance of the state's gym reopenings on June 12."Being able to reopen means the world to us," Belasco said. Last Friday, Gov. Gavin Newsom released specific guidelines for the next group of industries allowed to reopen with modifications, no sooner than June 12, 2020. They include gyms, schools, film production, professional sports, bars and wineries, hotels, cardrooms, family entertainment, museums, and zoos. Since mid-March, Belasco said his trainers have been successfully teaching online workout classes. "We just finished a virtual challenge," Belasco said. "We had members losing up to 30 pounds in 28 days."But he said he is ready to see his members in person. "It's the camaraderie, especially times like right now, bringing people together that is our specialty," Belasco said. That is why he says he is implementing many of the State's new gym guidelines, which include:Limiting the number of members insideConducting temperature and health screenings upon entryStaggering lockers and machinesProviding disinfecting wipes or gel for hands and equipment No sharing water bottles or towelsWearing masksFor weeks, Belasco has been practicing these guidelines already with his coaches and volunteers. "They get called in one by one, temperature check, foot bath, hand sanitizer, and then they get pointed to their station, and they're all spread out in this room," Belasco said as he pointed at the mat in the middle of the gym. So when June 12 rolls around, Belasco said the new guidelines will seem like old news. "We've been ready. We've been researching. We have all of the supplies, and we are ready to go," Belasco said proudly. All businesses in this category will require the San Diego County Public Health Officer's approval before they can reopen. OPEN NOW:(San Diego County's list of businesses that are open now with modifications)Essential businessesRetailRestaurantsPlaces of WorshipHair Salons / BarbershopsTanning SalonsLandscape gardeningOutdoor museumCar dealers / WashesPet GroomingPeer Support Groups OPEN AFTER JUNE 12, 2020:(State's list of businesses that can reopen after June 12, 2020 with modifications)GymsSchoolsFilm and music productionProfessional Sport (with no spectators)Bars and WineriesHotelsCardrooms / Racetracks (with no spectators)Family entertainment (bowling, arcades)Museums / GalleriesZoos / AquariumsCLOSED:(Industries that still do not have State reopening guidelines available)Community PoolsNail / Facial SalonsSaunas / Steam roomsTattoo ParlorsMassage businessesMovie TheatersConcerts / FestivalsTheme ParksHigher Education 2971
WASHINGTON — Leaders in Congress say they have reached a deal on a 0 billion long-awaited COVID-19 relief package, according to multiple reports. The announcement comes Sunday evening, after months of negotiations. "Moments ago, the four leaders of the Senate and the House finalized an agreement. It will be another major rescue package for the American people," Senate Majority Leader Mitch McConnell, R-Ky., announced on the Senate floor.Exact details are not released yet. It is expected to include 0-a-week in supplemental jobless benefits, direct payments of 0 for individuals, more than 0 billion in small business loans and more than billion for schools, as well as billions for help with vaccine distribution. Nothing is final, though, until the final language of the bill is released. The bill's text must be finalized, then given to the House and Senate for a vote. Then it will head to President Donald Trump to sign. Even though lawmakers are moving the process along quickly, it appears unlikely it will be up for a vote in both houses Sunday night. The pandemic relief package is connected to a larger .4 trillion spending package that must get passed by Congress Sunday to keep the government open Monday morning and fund it through September 30, 2021. Congress passed a two-day government funding bill Friday evening to push the shutdown deadline to Sunday night at midnight.The House is preparing to approve a one-day extension of government funding, according to the Washington Post, to allow the COVID-19 relief package to be finalized so both measures can be voted on together either late Sunday or early Monday morning. The possibility of a relief bill deal happened earlier in the day Sunday, after late-night conversations Saturday over a key sticking point about the role of the Federal Reserve.Republican Senator Pat Toomey had pushed a provision late last week to pull back to the role of the central bank’s emergency lending authority, after it was given some abilities with the CARES ACT earlier this year. He wanted to rescind some of the unused funds from the emergency loan program, as well as stop some of the changes to the Fed approved in the CARES Act.Democrats said the provision would tie the hands of President-elect Biden’s administration and limit options for aid in 2021. Senate Minority Leader Chuck Schumer worked with Toomey late into the night Saturday to work out a compromise. "We're getting very close, very close," Schumer told CNN as he left the Capitol, predicting the House and Senate would vote to approve the package SundayAides said Saturday night the two had reached a deal in principle over the provision.The relief bill is not expected to have money for state and local government aid, something Democrats had been pushing for as municipalities experience sharp declines in tax revenues. However, the measure is expected to extend the deadline for using CARES Act funding from earlier this year. The deadline to use that funding without losing it had been the end of the year, now it will reportedly be pushed off for a few more months.There is also expected to be relief for renters in the measure, according to the Washington Post, however no word yet on how that help will be administered. President Trump has not been involved in recent talks about a relief package, and it is not clear how he will respond to the latest deal. 3415