• China Nov 20, 2019

    Last Campus Protesters Hold out as Hong Kong Schools Reopen

    Hong Kong schools reopened Wednesday after a six-day shutdown, but students and commuters faced transit disruptions as the last anti-government protesters remained holed up on a university campus, surrounded by police. City officials tried to restore a sense of normalcy as primary and secondary classes resumed. Workers began cleaning up debris blocking a major road tunnel, but it was unclear...

  • Amazon Jul 15, 2019

    Don't Make These 6 Common Mistakes and Do Amazon Prime Day Right

    Amazon’s Prime Day kicks off at midnight on Monday, July 15. In recent years, Amazon’s Prime Day has become one of the most anticipated sales events of the year for online shoppers looking for deals — and, maybe, an excuse to splurge. And, for Amazon, the annual event has become successful enough that the e-commerce giant decided to double-down this...

  • China May 13, 2019

    Uber IPO: Ride-Hailing Company Has Rocky Debut on Wall Street

    Highly anticipated Uber IPO closed at 41.42 after opening at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets. Despite his company’s rocky stock market debut, Uber CEO Dara Khosrowshahi says he’s thrilled to complete his company’s IPO.

  • China May 11, 2019

    Uber, Lyft Losses Keep Competitors at Bay

    A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies’ stock: The losses have scared off the competition, giving the leaders a duopoly in almost every American...

  • BOSTON Oct 31, 2018

    CVS Is Testing a Membership Program as Amazon Pushes Into Prescription Drugs

    Free delivery. A membership fee. It’s not Amazon Prime, though it sounds like it. CVS is piloting a program in Boston that includes free delivery on most prescriptions and online purchases, access to a pharmacist helpline, a 20 percent discount on all CVS-branded products and a monthly $10 coupon. Called CarePass, a membership costs $48 annually or $5 monthly, less...

  • United States Sep 4, 2018

    Amazon Falls Off $1 Trillion Market Cap, Leaving Apple the Only Public US Company Above the Benchmark

    Amazon stock briefly hit a $1 trillion market cap Tuesday before falling off and leaving Apple as the only publicly traded U.S. company above the benchmark. Shares of the e-commerce giant rose 1.9 percent to a high of $2,050.50 in morning trading. The stock needed a price of $2,050.27 to reach the $1 trillion mark, based on an outstanding count...

  • China Sep 3, 2018

    Founder of China's JD.com Arrested in US, Returns to Beijing

    A Chinese e-commerce giant says its billionaire founder, Liu Qiangdong, has returned to China after earlier being arrested in the U.S. on suspicion of criminal sexual conduct. Zhang Shuhan, a JD.com official, said Monday by phone that “Liu Qiangdong has been released without charges and he is now back in China.” Also known as Richard Liu, the founder of the...

  • georgia Jan 18, 2018

    Amazon, Georgia: If You Name It, Will Company Come?

    Officials from a recently incorporated city outside Atlanta want to shed some of their new municipality’s land and rename it Amazon, Georgia. Their hope is that the change will spur the e-commerce giant to locate a second headquarters there. The Atlanta Journal-Constitution reports that the Stonecrest City Council voted 4-2 on Monday to de-annex 345 acres (140 hectares) of land...

  • CEO Aug 23, 2017

    Whole Foods Shareholders OK Amazon Takeover Deal

    Whole Foods shareholders and federal regulators approved Amazon’s $13.7 billion acquisition of the organic grocer, a deal that could bring big changes to the supermarket industry and how people order groceries online.

  • NEW YORK Jun 29, 2017

    Blue Apron Delivers Flat First Day on Stock Market

    Wall Street was not hungry for Blue Apron. The meal kit company’s shares ended unchanged Thursday in their first full day on the stock market....
    The stock rose as much as 10 percent after its debut, but it ended Thursday at $10. That’s the same at its initial public offering price....
    On Wednesday, Blue Apron lowered what it expected its shares to...

  • Amazon May 10, 2017

    Amazon Fires Back at Wal-Mart, Lowers Free Shipping Minimum

    Amazon has lowered its free shipping threshold from $35 to $25, undercutting Wal-Mart by $10 and escalating a battle between the the e-commerce giant and the largest big-box retailer, CNBC reported. Earlier this year, the Seattle-based company reduced its minimum order amount required to qualify for free shipping — for non-Prime members — to $35 from $49, price tracker BestBlackFriday...

  • Asher Klein Apr 12, 2017

    Amazon Tool Aims to Help Parents Monitor, Talk to Kids

    Amazon is introducing new tools to help parents see what their kids are doing on the company’s Fire tablets. As a bonus, the e-commerce giant says its service will also help spark discussions about the books kids read and the videos they watch. Parents first have to sign up with Amazon’s FreeTime service, a set of tools for pre-approving how...

  • United States Dec 29, 2016

    Prosecutors Get Warrant for Amazon Echo Data in Arkansas Murder Case

    The Amazon Echo is a voice-activated smart speaker that plays music, gives the weather forecast and updates its owner’s shopping lists, among other everyday tasks. But prosecutors in Arkansas believe one such virtual assistant may hold something far more crucial: data that can help in a murder trial. The case against Bentonville resident James Bates is gaining national attention after...

Contact Us