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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

Video of an Arizona guitar hero is wowing people around the country.  The guitarist is Ridge Brown, a senior at Ironwood High School in Glendale, Arizona. He played the national anthem for a school assembly and the video posted by his teacher has gone viral, with thousands of clicks and attention from national news outlets. The reason, Ridge is a student with autism. The performance in front of his classmates was the first time he played in public, and he nailed it. "I was a little nervous, but I always felt excited," Ridge told Scripps station KNXV in Phoenix. "Autism can't hold me back because I'm a real rock star." That's the message his dad, Glen Brown, loves to hear. "There's a very, very smart person inside there, trying to get out," Glen said. Glen's mission in life is unlocking that potential. These days, Glen said Ridge loves talking and interacting with people, but that wasn't always the case. Ridge was nonverbal until age three. Music was the thing that finally freed Ridge from his autistic silence when he started singing with the radio. "It helps me express every emotion I have inside my entire brain," Ridge said. Now, he has plans for an encore."If the Suns wanted me to play the National Anthem at the game I'll be doing that," Ridge said. At the end of Ridge's first performance, a thunderous applause warmed dad's heart. "I broke into tears," Glen said. "You always wonder are people going to accept your child?"This proves they do."That feels great," Ridge said.  1581

WASHINGTON (AP) — Defense Secretary Mark Esper said Monday that President Donald Trump gave him a direct order to allow a Navy SEAL accused of war crimes to retire without losing his SEAL status.Esper told reporters at the Pentagon that Trump’s order was the reason he announced Sunday that Chief Petty Officer Edward Gallagher would be allowed to retire with his Trident Pin, retaining his status as a SEAL.Last week Trump had tweeted that he wanted Gallagher to be allowed to retire as a SEAL, but Esper’s comments Monday revealed that Trump had given the defense secretary a direct order to make this happen.Gallagher was acquitted of murder in the stabbing death of an Islamic State militant captive but convicted of posing with the corpse while in Iraq in 2017.In his remarks, Esper also made the extraordinary accusation that Navy Secretary Richard Spencer last week had secretly offered to the White House to rig the Navy disciplinary process to ensure that Gallagher not lose his Trident. He didn’t say how.RELATED COVERAGE:Trump says Navy won’t remove Gallagher’s SEAL’s designationPentagon chief fires Navy secretary over SEAL controversyNavy to initiate 'Trident Review' of Navy SEAL Edward GallagherChief Edward Gallagher review expected to proceed despite Trump's opposition“No. I asked, and I never got an answer,” Esper said.Esper fired Spencer on Sunday, saying he had lost trust in him. Spencer has not responded to requests for comment on Esper’s accusation. However, in a letter Sunday to Trump acknowledging his firing, Spencer gave a different version of his thinking.Spencer said he could not in good conscience follow an order that he believed would undermine the principle of good order and discipline in the military – suggesting that he had been -- or expected to be -- ordered to stop the peer-review process for Gallagher.Esper said he remains concerned, based on the Gallagher case and other trouble with battlefield behavior by the military, that soldiers, sailors, airmen and Marines are not properly and fully trained in ethical standards. He said he had ordered the Pentagon’s legal office to review how the military educates and trains service members on wartime ethics and the laws of armed conflict. The review also will look at how the services monitor, investigate and adjudicate adherence.In announcing Sunday that he had dismissed Spencer, Esper said he acted after learning of Spencer’s secret plan to guarantee the outcome of the Navy SEAL peer-review board that was scheduled to convene Dec. 2 with the goal of recommending whether Gallagher should be allowed to retain his Trident.Spencer had “proposed a deal whereby if the president allowed the Navy to handle the case, he would guarantee that Eddie Gallagher would be restored to rank, allowed to retain his Trident and permitted to retire,” Esper said.This was “completely contrary” to what Esper and the rest of the Pentagon leadership had agreed to, he said, and contrary to Spencer’s public position that the Navy disciplinary process should be allowed to play out with no interference.Esper said he had previously advocated for allowing the Navy peer-review board go forward Dec. 2. But when Trump gave him a “verbal instruction” Sunday to stop the process, he did so.“The commander in chief has certain constitutional rights and powers which he is free to exercise, as many presidents have done in the past,” Esper said. “Again, these are constitutional powers.”Esper did not say explicitly that he disagreed with Trump’s order.Once Trump gave the order, Esper said he responded, “Roger. I got it.”“I can control what I can control,” he told reporters. The president, he said, “has every right” to issue such an order.Esper said he had been “flabbergasted” when he learned at the White House on Friday that Spencer had gone behind his back to propose a secret deal.The White House did not immediately respond to a request for comment.Esper said that when he called the Navy secretary, “he was completely forthright in admitting what had been going on.”The next day, Saturday, Esper called Trump to tell him that he intended to fire Spencer and Trump supported the decision.On Sunday afternoon Esper called Spencer and told him he was being fired. Spencer “took it in stride” and said he would have a resignation letter to him within 30 minutes – “and he did.”In that letter, Spencer made no mention of what Esper called Spencer’s secret deal with the White House.Esper said it was best, under the extraordinary circumstances set in motion last week, that the Gallagher review board not proceed as planned. He said he believes in the military justice system, but in this case it had become untenable.“As professional as they are,” he said of the board members, “no matter what they would decide, they would be criticized from many sides, which would further drag this issue on, dividing the institution. I want the SEALs and the Navy to move beyond this now, fully 4975

WASHINGTON — In an official update on his health status since contracting COVID-19, President Donald Trump told his personal physician “I feel great” Wednesday morning.In a statement shared on Twitter, Dr. Sean Conley also said the president’s vital signs remain “stable and in the normal range.” He added that Trump has not had a fever in more than four days and has not needed “supplemental oxygen since initial hospitalization.”Meanwhile, the president is remaining inside the White House as he recovers and has no public events scheduled Wednesday. Aides are being told to take extensive precautions to prevent themselves from catching the coronavirus. 664

Wall Street is sending President Trump a message: Don't start a trade war. And lay off Amazon, one of the most important companies in America.The president played a starring role in last year's stock market boom. Now he's getting the blame as Wall Street hits the skids.Trump's fingerprints were all over Monday's market sell-off. The Dow fell 459 points and the Nasdaq plunged almost 3%. 396

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