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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 — Vice President Mike Pence and other top officials from President Donald Trump’s campaign are slated to attend a Montana fundraiser this month hosted by a couple who are adherents of the QAnon conspiracy theory, according to an event invitation obtained by The Associated Press and a review of social media postings.Republican National Committee chairwoman Ronna McDaniel and finance chair Todd Ricketts are also slated to attend the event. Also invited is Kimberly Guilfoyle, a former Fox News host and a current GOP fundraiser that is dating the president's son, Donald Trump Jr.The QAnon conspiracy theory centers on the baseless belief that Trump is waging a secret campaign against enemies in the “deep state” and a child sex trafficking ring run by satanic pedophiles and cannibals. Its supporters have been linked to acts of violence, including a June 2018 incident where a supporter blocked traffic on the Hoover Dam bridge.The social media accounts of event hosts Caryn and Michael Borland show they have repeatedly shared QAnon memes, or retweeted posts from QAnon accounts.While many Republican politicians have denounced the conspiracy theory, its followers are becoming more and more entrenched in the party. Several Congressional candidates who have expressed support for the conspiracy have won primary races in deep-red districts in the current election cycle.Trump himself failed to fully denounce the conspiracy during a press conference last month, saying that QAnon was “gaining in popularity” and that its supporters “like me very much.”When asked about the conpsiracy theory last month by a CNN anchor, Pence said he "didn't know anything about that conspiracy.""I don't know anything about that. I've heard about it. We dismiss conspiracy theories around here out of hand," Pence said. 1828

Voters were polarized after learning of Brett Kavanaugh's confirmation as a Supreme Court Justice.Both Republicans and Democrats who spoke with 10News on camera said they are frustrated with the way Doctor Christine Blasey?Ford's accusations were handled.READ RELATED:Brett Kavanaugh sworn in as Supreme Court justice"I'm truly just disgusted with the outcome and I'm just really disappointed with in our nation and what we stand for today," College Student Ngozi Egeonu said."It's very disappointing, I think it's very hurtful," Republican Ana Assaf said."He didn't give straight answers to me it seemed, then again I didn't see the whole interview, only saw bits and pieces," San Diegan Melvin Zelaya said.Egeonu said she's now concerned about Dr. Ford, "Now I'm worried about her own safety, and her own image knowing that she put herself out there and knowing this is something very traumatic that she's having to recall."They all agreed the FBI investigation felt rushed and inconclusive."I think it was disrespectful to the ladies who accused him and I don't think the whole, they didn't have enough time to investigate," Assaf said."I was surprised that that wasn't enough for them to be like hey, no we shouldn't nominate him," Zelaya said.Some believe the accusations are false and the timing is inappropriate, calling it a smear campaign. Zelaya says the past is relevant, "I think it is important because you know being on the Supreme Court is a really big deal, you're going to be on there the rest of your life and you're going to be making decisions that affect every citizen in this country's life."With the highly publicized hearings, some hope it will bring change."With this experience maybe he'll be open and fair, but I mean if he's already been sworn in there's nothing we can do now," Assaf said."I don't know if it will be enough to make an impact on how he stands as a person, I wish it would but I don't see that being much of a change for him," Egeonu said.Kavanaugh's confirmation tips the court in favor of Conservatives, concerning some voters. Zelaya said it is better to have an even and fair court. He said he was fond of Antonin Scalia because he was the wild card.An issue many women are concerned about is abortion and how Kavanaugh will vote on those cases."We have all these issues that are recycling from the past and I don't feel like anything is getting better, I hope with this people are able to wake up," Egeonu said.Kavanaugh's first cases are next week and focus on immigration, asbestos and firearms. 2639

Walmart will roll out a new website next month.The nation's largest retailer announced Tuesday that its redesigned site will offer more personalization, include more vibrant colors and a cleaner design, and feature "relatable photography that showcases real-life moments."The homepage will include a new section that showcases top-selling items in a customer's location. It will also offer specialty shopping experiences, such as the Lord & Taylor flagship online store which is launching this spring. That partnership was first announced last fall.Walmart has become one of the major platforms for online sales. It's taken aim at Amazon by offering free shipping without a membership fee for most purchases of or more. Online has become the fast growing part of Walmart's business, with the company forecasting 40% growth in those sales this year. And it has announced plans to bring online grocery delivery to 100 markets by the end of this year.But it has not been without bumps. In the fourth quarter Walmart had much slower growth in online sales because the company ran out of some items at its fulfillment centers during the holiday shopping period, said CEO Doug McMillon."We're learning how to deal with higher volumes and learning how to deal with a higher peak than what we had previously," McMillon said on a call with analysts.  1362

WASHINGTON (AP) — A man suspected of fatally shooting a supporter of a right-wing group in Portland, Oregon, last week was killed as investigators moved in to arrest him. That's according to a senior Justice Department official who spoke to The Associated Press on Thursday. The man, Michael Reinoehl, was killed as a federal task force attempted to apprehend him in Lacey, Washington. The official says Reinoehl was the prime suspect in the killing of 39-year-old Aaron “Jay” Danielson, who was shot in the chest Saturday night. 537