PetSmart plans to explore a potential sale of the company after several shareholders pressured the pet supply retailer to sell itself.» Read More
With triumphs inevitably comes scrutiny, and Google is the recipient of plenty. Here are five risks the company faces over the next 10 years.
Google's unorthodox auction-style IPO was intended to be the future of companies going public. Then it wasn't. Here's why.
SAN FRANCISCO— Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit.
More than 150,000 smoke alarms that can fail to alert consumers when a fire occurs are among this week's recalled consumer products. The 400 series model numbers include 429 AT, 429 C, 429 CAD, 429 CRT, 429 CST, 429 CT, 429 CTAD, 449 AT, 449 C, 449 CRT, 449 CSRH, 449 CSRT, 449 CST, 449 CSTE, 449 CT and 449 CTE. HOW MANY: About 141,000 in U.S. and 13,000 in Canada.
"Three weeks ago, half the population didn't know what ALS is," ALS Association Development Officer Lance Slaughter tells CNBC. "Now millions of people do."
HONG KONG— The recently acquired film unit of Chinese e-commerce giant Alibaba said Friday that a review has uncovered possible accounting irregularities. The disclosure by Alibaba Pictures Group comes as its parent company readies for what's expected to be a mammoth initial public offering in New York next month.
HONG KONG, Aug 15- Alibaba Pictures Group Ltd, the recently formed film and TV unit of Alibaba Group, said on Friday it had found possible accounting irregularities and asked for its Hong Kong- listed shares to be suspended until further notice.
Traders attempt to decipher whether the bond market or the stock market is sending the right signal, with the release several key reports Friday.
The National Retail Federation expects the average family with school-aged children to spend $669.28 for back to school items, up 5 percent from last year.
The Amazon Fire smartphone doesn't measure up against its competitors, according to Consumer Reports.
Aug 14- With the cost of college textbooks surpassing $1,000 a year for many students, soon-to-be sophomore Matt Schroeder came up with a smart way to trim costs. "My calculus book that usually costs $180, I got for the semester for $10 and a Chick-fil-A biscuit," says Schroeder, 19, who attends Covenant College in Georgia.
Credit cards are in focus after recent data breaches, but a real culprit in ID theft is the SS number, says the chief analytics officer at LifeLock.
Consumer Reports has posted its first review of Amazon's Fire phone. Consumer Reports senior editor Mike Gikas, says the phone is "trapped in Amazon's retail world."
NEW YORK— The literary executor of George Orwell's estate is accusing Amazon.com of committing an Orwellian crime: doublespeak. "I'm both appalled and wryly amused that Amazon's tactics should come straight out of Orwell's own nightmare dystopia,' 1984,'" Hamilton wrote.
WASHINGTON, Aug 14- U.S. regulators' new "net neutrality" rules should classify Internet providers more like public utilities to prevent them from potentially slowing users' access to some Web content, the New York Times said in an editorial in Thursday's newspaper.
Aug 14- Wal-Mart Stores Inc cut its full-year profit forecast, citing higher employee healthcare costs and increased investment in its online business, and the company said heavy discounting was likely to continue into the holiday shopping season.
Wal-Mart reported a 2.8 percent rise in sales, but U.S. same-store sales failed to show growth again.
Jan Kniffen, J. Rogers Kniffen Worldwide CEO, and Gian Fulgoni, comScore executive chairman, discusses Wal-Mart's plan to expand its reach on the Internet and compete with Amazon.
Jan Kniffen, J. Rogers Kniffen Worldwide CEO, and Gian Fulgoni, comScore executive chairman, shares their thoughts on the competition between Internet retailers versus brick and mortar stores.
Aug 14- Wal-Mart Stores Inc cut its full-year profit forecast, citing higher employee healthcare costs and increased investment in its online business. Wal-Mart is yet to make its mark in the U.S. online marketplace, which is dominated by Amazon.com Inc..