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Thursday, Jan 10, 2019 at 06:39 AM EST

Chairman Makes $5B Bid in Last-Ditch Effort to Save Sears

Chairman Makes $5B Bid in Last-Ditch Effort to Save Sears

Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, according to a person familiar with the matter. This latest...

Wednesday, Jan 9, 2019 at 04:21 PM EST

How Much Could Mackenzie Bezos Get in a Divorce?

How Much Could Mackenzie Bezos Get in a Divorce?

Jeff Bezos’ divorce could become the most expensive in history — exactly what he pays out will depend on the complexities of marital law and the value of Amazon. Bezos announced in a tweet Wednesday that he and...

Wednesday, Jan 9, 2019 at 07:23 AM EST

Aspiring Paleontologist Wins National Google Doodle Contest

Aspiring Paleontologist Wins National Google Doodle Contest

An aspiring paleontologist in the second grade has won Google's annual Doodle for Google contest.

Tuesday, Jan 8, 2019 at 02:21 PM EST

Court Gives Sears Chairman New Chance to Save Retailer

Court Gives Sears Chairman New Chance to Save Retailer

Sears is giving Chairman Eddie Lampert another chance to buy the company out of bankruptcy and save roughly 55,000 jobs. Sears on Tuesday had planned to tell the bankruptcy court it had rejected Lampert's offer...

Monday, Jan 7, 2019 at 07:45 PM EST

To Fight Theft, Amazon to Deliver Packages to Your Garage

To Fight Theft, Amazon to Deliver Packages to Your Garage

Amazon has a new way to prevent thieves from stealing packages. In early 2019, Amazon will offer to deliver packages right into your garage, the company announced Monday at CES. The service is called Key for...

Monday, Jan 7, 2019 at 08:22 PM EST

Amazon Emerges as Most Valuable US Firm Amid Market Turmoil

Amazon Emerges as Most Valuable US Firm Amid Market Turmoil

Amazon has eclipsed Microsoft as the most valuable publicly traded company in the U.S. as a see-sawing stock market continues to reshuffle corporate America's pecking order. The shift occurred Monday after...

Monday, Jan 7, 2019 at 03:39 PM EST

No Words: Mastercard to Drop Its Name From Logo

No Words: Mastercard to Drop Its Name From Logo

What's in a name? For MasterCard, not enough to keep it in the logo. The company is removing the word Mastercard from the pair of interlocking red and yellow circles where it has resided for more than 50...

Monday, Jan 7, 2019 at 04:09 AM EST

After Stock Swings, Wall Street Has Plenty to Be Nervous About

After Stock Swings, Wall Street Has Plenty to Be Nervous About

Welcome to the brave new world of investing, where every day in the stock market can feel like bedlam. Investors have been careening from fear to relief and back again as they react to morsels of news about the...

Saturday, Jan 5, 2019 at 02:24 PM EST

Netflix and Chill?: Streaming Is About to Get Complicated

Netflix and Chill?: Streaming Is About to Get Complicated

Streaming TV may never again be as simple, or as affordable, as it is now. Big media companies such as Disney and WarnerMedia are creating their own streaming services in an effort to shoulder aside more...

Friday, Jan 4, 2019 at 04:27 PM EST

Sears Believes Lampert's Bid to Save Company Is Short

Sears Believes Lampert's Bid to Save Company Is Short

Sears' advisors are testing just how much Chairman Eddie Lampert wants to keep the retailer alive. Lampert has put forward a $4.4 billion bid to save Sears and 50,000 jobs by buying it out of bankruptcy through...

 

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