MEXICO CITY— Online retail giant Amazon has opened its Mexico site for business, offering free delivery on orders of over 599 pesos. A statement posted on the Amazon.com. mx site Tuesday said "we are launching in Mexico with more categories, more items and more functions than any other international Amazon website has featured at launch." Among its Mexico...» Read More
Jim O'Donnell, Chief Investment Officer of Forward Management, attributes the disappointment over Alibaba's revenues to "expectations getting ahead of themselves."
Scott Nations, Chief Investment Officer and President at NationsShares, explains why U.S. markets are "misreading the movements in oil prices" and discusses the tech stocks that he likes.
Cynthia Meng, Managing Director for China and Hong Kong Telecom, Media and Technology Equity Research at Jefferies, attributes Alibaba's quarterly revenue miss to its continued transition to mobile.
CNBC's "Fast Money" traders, like investors in the wider markets, were split on how to play the companies.
Investors are bracing for Amazon’s fourth quarter earnings, which come out after the closing bell on Thursday.
A rare public clash has broken out between Alibaba and Chinese authorities over the authenticity of the goods sold on the e-commerce giant's sites.
WASHINGTON, Jan 27- U.S. states for years have asked Congress for federal legislation easing the way for them to collect sales taxes on Internet purchases, but now that a bill has been drafted, state lawmakers are resisting. The National Conference of State Legislatures on Tuesday released a letter it sent to House of Representatives Speaker John Boehner on...
WASHINGTON, Jan 27- U.S. states for years have asked Congress for federal legislation easing the way for them to collect sales taxes on Internet purchases, but now that a bill has been drafted, state lawmakers are putting up resistance. The National Conference of State Legislatures on Tuesday released a letter it sent to House of Representatives Speaker John...
Sam's Club is already seeing an uptick in spending as its customers spend less on gas, CEO Rosalind Brewer tells CNBC.
EBay reported mixed quarterly earnings and revenue on Wednesday and announced plans to cut some 2,400 positions, or about 7 percent of its workforce.
Jan 21- Online retailer Ebay Inc said it plans to cut about 2,400 positions, or 7 percent of its workforce across eBay marketplaces, PayPal, and eBay enterprise in the current quarter to simplify its organizational structure. The company also said it will explore strategic options for eBay enterprise, including a sale or an IPO. EBay's net income rose to $936...
Jan 19- Amazon.com Inc is getting into the movie business, building on some early successes in TV productions, the latest sign of the Internet retailer's eagerness to build itself into a major Hollywood player. Amazon said on Monday it was aiming to produce close to 12 movies a year for theatrical release which would then be available on its Prime video service...
"We fully expect to travel to Cuba within the year," says Barney Harford, Orbitz Worldwide CEO, discussing what the new Cuba rules mean for U.S. travel to the destination.
Asian fashion e-commerce start-up Zalora is betting big on Southeast Asia as it aims to become a multi-billion-dollar company, its managing director said.
Discussing the pressure being put on Best Buy by retailers like Amazon and Wal-Mart, with Henry Blodget, Business Insider editor-in-chief & CEO, and the "Squawk Alley" crew.
BRUSSELS, Jan 15- European Union antitrust regulators will publish details on Friday of their investigation into online retailer Amazon's tax-minimising arrangements with Luxembourg. The investigation focuses on whether Luxembourg broke EU state aid rules by agreeing a deal which allows Amazon to operate almost tax-free in Europe.
CHICAGO, Jan 14- Strong online buying, an improved job market and falling gas prices boosted 2014 U.S. holiday sales to their highest rate of growth since 2011, according to data released Wednesday by an industry group. The National Retail Federation, which had forecast retail sales to rise 4.1 percent this holiday season, estimated total sales rose 4 percent to...
Boxed co-founder and CEO Chieh Huang, discusses how his mobile wholesale shopping club company differentiates from Costco.
Etsy is mulling a plan to take the company public, Bloomberg reported, citing sources with knowledge of the matter.
LOS ANGELES/ SAN FRANCISCO, Jan 13- Woody Allen will make his first foray onto the small screen, writing and directing an online series for Amazon.com, the latest coup by deep-pocketed cable and streaming companies in luring the biggest names in film to television. Filmmakers such as Martin Scorsese, Steven Soderbergh, David Fincher and Guillermo del Toro have...