The Senate continues to work to pass its six-year, $350 billion transportation funding bill, even as it acknowledges it and the House will likely adopt a House-revised $8 billion, three-month funding measure before the August recess. The House is expected to adopt the bill today. The hope is that both chambers can come up with a long-term funding bill in a conference committee after the recess.
Dell could reportedly take its SecureWorks cybersecurity business public, a move that could make the unit worth more than $1 billion, sources say. Dell purchased SecureWorks in 2011 for $612 million.
Wal-Mart and Target saw new CEOs take the helm one year ago, and they have both launched efforts to build momentum for the retailers in a competitive market. Under Greg Foran, Wal-Mart is in the process of boosting its minimum wage and improving operations and fresh foods, while Target has posted a 36% increase in share prices under Brian Cornell following its departure from the Canadian market as it moves forward with updating its merchandise mix with a focus on grocery, style, kids and wellness.
SuperValu will consider creating a separate, publicly-traded company for its Save-A-Lot discount grocery banner, in an effort to find more growth opportunities in a competitive industry, the retailer said Tuesday. The Save-A-Lot chain has more than 1,300 stores nationwide, with plans to open 100 more by early 2016.
Motorola will release a pair of new Moto X and Moto G phones in the U.S. and a third handset that it will limit to overseas sales, the Lenovo unit said Tuesday. The new $399 Moto X Style -- which will be marketed as the Moto X Pure Edition in the U.S. -- will run on any network and feature a 5.7-inch display. A revamped Moto G, Motorola's most popular phone, will cost $180.
American Eagle Outfitters saw a same-store sales increase of 7% in the first quarter and is in the process of shedding its reliance on sales and discounts by improving its inventory management and clothing offerings. "If we don't get clogged up in inventory, then we can really react to what's working, or what's not working," said Chad Kessler, the retailer's global brand president.
Large surfaces such as walls, tables or other areas could serve as displays from mobile and connected devices with technology under development at Fujitsu Laboratories. Multiple users could access the system, displaying images on common spaces as well as individual screens.
Wendy's Bluetooth-enabled mobile ordering application has been launched in Phoenix with a promotion offering a free Frosty to encourage use. The app activates Bluetooth when a customer places an order within range, and the food is prepared for the customer to pick up upon arrival.
New data sources and a constantly expanding range of menu items coupled with a lack of classification can make data seem daunting, writes Food Genius CEO Jason Felger. Felger offers tips for assessing differences between menu items from a data standpoint -- clustering or normalizing of data, organizing the data, and classifying the data to make sense of the mess.
Macy's is launching a national a cappella competition as part of its back-to-school campaign. Schools and colleges will be invited in September to submit online entries, and the three top singing groups will receive $25,000. "For the second year in a row, we are hosting our back-to-school marketing activation on YouTube to reach our target audience where they spend their time," said a spokeswoman.