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Business Today: - Democrats in U.S. Congress urge review of Amazon's Whole Foods deal

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Democrats in U.S. Congress urge review of Amazon's Whole Foods deal
WASHINGTON (Reuters) - A group of Democrats in Congress urged the U.S. Department of Justice and Federal Trade Commission in a letter this week to conduct a more in-depth review of online retailer Amazon.com Inc's plan to buy grocer Whole Foods Market Inc.
Wall Street dips as GE, energy shares weigh
NEW YORK (Reuters) - U.S. stocks ticked lower on Friday as weak earnings from industrial giant General Electric weighed, while tech shares retreated from record highs and energy tracked the price of oil lower.
Global pizza brands battle for Russia's far-flung regions
MOSCOW (Reuters) - Global pizza brands Domino's and Papa John's are preparing an assault on Russia's provinces, betting they can turn a profit far from Moscow as online card payments become more widespread and consumers get to know foreign brands better.
Ford to petition to avoid U.S. recall of 2.5 million vehicles
WASHINGTON (Reuters) - Ford Motor Co will petition to avoid a U.S. recall of about 2.5 million vehicles with Takata air-bag inflators that the Japanese auto supplier declared defective last week, U.S. regulators and the automaker said on Friday.
GE shares fall as profit slumps, investors await new CEO's targets
(Reuters) - General Electric Co's shares dropped sharply on Friday after it posted a 59-percent decline in second-quarter profit and put off an expected cut to 2018 earnings targets until November, when new CEO John Flannery will be four months into his job.
India to quiz Philip Morris on marketing of Marlboro
NEW DELHI (Reuters) - India plans to seek an explanation from Philip Morris International Inc about its marketing practices after Reuters reported that the tobacco giant used tactics that government officials say flout the country's law, a health ministry official said on Friday.
Wells Fargo ordered to pay $575,000, reinstate whistleblower
(Reuters) - The U.S. Department of Labor on Friday ordered Wells Fargo & Co to pay $575,000 and to rehire a whistleblower the bank had dismissed in September 2011 after the former employee raised concerns over the opening of customer accounts without their knowledge, the agency said in a statement.
Crimean scandal prompts Siemens to retreat from Russian energy
FRANKFURT/MOSCOW (Reuters) - Germany's Siemens tried to distance itself from a Crimean sanctions scandal on Friday, halting deliveries of power equipment to Russian state-controlled customers and reviewing supply deals.
Honeywell beats profit estimates, lifts full-year forecasts
(Reuters) - Honeywell International Inc reported a better-than-expected quarterly profit, as sales in its aerospace unit and the business that caters to the energy industry were not as bad as it had feared.
U.S. seeks to drop criminal charges in 'London Whale' case
NEW YORK (Reuters) - U.S. prosecutors on Friday said they plan to drop criminal charges against two former JPMorgan Chase & Co derivatives traders over allegations they had a role in the "London Whale" trading scandal that caused $6.2 billion of losses.

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