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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

Virgin Galactic is preparing to land among the stars.On Wednesday, Virgin Galactic said they were working on its final preparations at its base in New Mexico as the VSS Unity is scheduled to launch into space from Spaceport America sometime in the fall.The company said the ship would be crewed by two pilots and several research payloads in the cabin.Virgin Galactic says its top priority is safety, so they want to make sure the pilots are prepared for the task at hand.To do just that, they will be using VMS Eve as an in-flight simulator. The pilots will use Eve to practice the identical approach and landing pattern since it's similar to Unity's, Chief Pilot Dave Mackay stated."The cockpit structure of Eve is almost identical to that of Unity: the same pilot seats and windows, as well as very similar flight controls and instruments," Mackay said in the press release.The company will go through a full, planned rehearsal before the VSS Unity takes flight. 973

VISTA, Calif. (KGTV) - Neighbors in the 700 block of Lemon Avenue in Vista say they were stunned as they watched a landlord pull out a pistol and start shooting at his tenant.Neighbors tell 10News there have been screaming matches at the home in the past. They say the landlord had been trying to evict a tenant who was living in the garage. The neighbors did not wish to share their names out of fear for their family's safety.The watch commander said they received a 9-1-1 call around 6 p.m. when the first shot was fired. Deputies arrived and investigated, then left when they couldn't find the landlord.Around 7:50 p.m. the landlord returned and, according to the watch commander, fired several shots at the tenant.Neighbors said it sounded like fireworks. They said they saw the landlord cocking his pistol, they believed it jammed.A video provided to 10News by neighbors shows deputies with rifles drawn approaching the home.They arrested the landlord and his associate.Details on the man, the associate, the tenant and the charges are not currently known. 1070

WASHINGTON (AP) — A new report shows how warming temperatures in the Arctic transform the region's geography and ecosystems. The National Oceanic and Atmospheric Administration's annual Arctic Report Card was published Tuesday.The report shows that the past year - from October 2019 to September 2020 - was the second warmest on record in the Arctic, the report said.The extent of snow on the ground in June across the Eurasian Arctic was the lowest recorded in 54 years.Satellites recorded the second-lowest end of summer sea ice extent in the ocean since record-keeping began 42 years ago, the report stated.According to the report - from September 2019 to August 2020 - the Greenland ice sheet experienced an ice loss higher than the 1981-2010 average but substantially lower than the 2018-19 record."Abnormal cyclonic atmospheric circulation centered over Greenland promoted normal or colder-than-average conditions for the interior and east, with higher air temperatures in the north, southwest, and many coastal regions," researchers who contributed to the report stated.The report also added that extreme wildfires in the Sakha Republic of northern Russia this year "coincided with unparalleled warm air temperatures and record snow loss in the region."According to the Associated Press, the report from last year included for the first time essays and research contributed by the Arctic's Indigenous communities. But this year, collaboration was not made possible due to COVID-19 travel restrictions. 1516

WASHINGTON (AP) — Human feces, overflowing garbage, illegal off-roading and other damaging behavior in fragile areas were beginning to overwhelm some of the West's iconic national parks, as a partial government shutdown left the areas open to visitors but with little staff on duty."It's a free-for-all," Dakota Snider, 24, who lives and works in Yosemite Valley, said by telephone Monday, as Yosemite National Park officials announced closings of some minimally supervised campgrounds and public areas within the park that are overwhelmed."It's so heartbreaking. There is more trash and human waste and disregard for the rules than I've seen in my four years living here," Snider said.The partial federal government shutdown, now into its 11th day, has forced furloughs of hundreds of thousands of federal government employees. This has left many parks without most of the rangers and others who staff campgrounds and otherwise keep parks running.Unlike shutdowns in some previous administrations, the Trump administration was leaving parks open to visitors despite the staff furloughs, said John Garder, senior budget director of the nonprofit National Parks Conservation Association."We're afraid that we're going to start seeing significant damage to the natural resources in parks and potentially to historic and other cultural artifacts," Garder said. "We're concerned there'll be impacts to visitors' safety.""It's really a nightmare scenario," Garder said.Under the park service's shutdown plan, authorities have to close any area where garbage or other problems become threats to health and safety or to wildlife, spokesman Jeremy Barnum said in an email Monday."At the superintendent's discretion, parks may close grounds/areas with sensitive natural, cultural, historic, or archaeological resources vulnerable to destruction, looting, or other damage that cannot be adequately protected by the excepted law enforcement staff that remain on duty," Barnum said.In the southern Sierra Nevada in Central California, some areas of the Sequoia and Kings Canyon national parks were closed Monday evening. In Sequoia, home to immense and ancient giant sequoias, General Highway was closed because overflowing trash bins were spreading litter and posed a threat to wildlife and the icy, jammed roadway was seeing up to three-hour delays, according to the National Park Service.Also closed was the Grant Tree Trail, a popular hiking spot, because the government shutdown halted maintenance and left the path dangerously slick from ice and snow, with at least one injury reported, the park service said.Campers at Joshua Tree National Park in Southern California's deserts were reporting squabbles as different families laid claims to sites, with no rangers on hand to adjudicate, said Ethan Feltges, who operates the Coyote Corner gift shop outside Joshua Tree.Feltges and other business owners around Joshua Tree had stepped into the gap as much as possible, hauling trailers into the park to empty overflowing trash bins and sweeping and stocking restrooms that were still open, Feltges said.Feltges himself had set up a portable toilet at his store to help the visitors still streaming in and out of the park. He was spending his days standing outside his store, offering tips about the park in place of the rangers who normally would be present."The whole community has come together," Feltges said, also by phone. "Everyone loves the park. And there's a lot of businesses that actually need the park."Some visitors have strung Christmas lights in the twisting Joshua trees, many of which are hundreds of years old, the Los Angeles Times reported.Most visitors were being respectful of the desert wilderness and park facilities, Joshua Tree's superintendent, David Smith, said in a statement.But some are seizing on the shortage of park staffers to off-road illegally and otherwise damage the park, as well as relieving themselves in the open, a park statement said. Joshua Tree said it would begin closing some campgrounds for all but day use.At Yosemite, Snider, the local resident, said crowds of visitors were driving into the park to take advantage of free admission, with only a few park rangers working and a limited number of restrooms open.Visitors were allowing their dogs to run off-leash in an area rich with bears and other wildlife, and scattering bags of garbage along the roads, Snider said."You're looking at Yosemite Falls and in front of you is plastic bottles and trash bags," he said.Officials at Rocky Mountain National Park in Colorado said Monday they were closing restrooms and locking up trash bins in many locations.In Yellowstone National Park, private companies have picked up some of the maintenance normally done by federal workers. The contractors that operate park tours by snowmobile, buses and vans are grooming trails, hauling trash and replacing toilet paper at pit toilets and restrooms along their routes.Nearly all roads inside Yellowstone are normally closed for winter, meaning most visitors at this time of the year access park attractions like Old Faithful or the Grand Canyon of the Yellowstone through guides. Those guides are splitting the cost of grooming the trails used by their vehicles to keep their operations going, said Travis Watt, general manager of See Yellowstone Alpen Guides based in West Yellowstone, Montana.The tour companies can likely keep this system going through the entire winter season if they need to, Watt said."It's definitely not our preference — the park service does a good job doing their thing and we hate to see them out of work," Watt said. "But it's something we can handle."___Gecker reported from San Francisco. Matt Volz contributed from Helena, Montana. 5752

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