ShopRunner is swooping in on Amazon Prime customers upset about the recent $20 hike, by offering a free full year of its shipping service.» Read More
*Alibaba listing is the most anticipated deal since Facebook's IPO in 2012.
The Chinese Internet industry is coming of age, as some of its biggest players prepare to start new chapters as publicly traded companies in the US.
eBay rose$. 16 or. 3 percent, to $56.86. Google fell $6.65 or. 6 percent, to $1182.41. Groupon Inc. rose$. 27 or 3.3 percent, to $8.51.
NEW YORK, March 14- The manager of one of the best performing large-cap growth stock funds over the past five years is a value investor at heart. Dennis Lynch, portfolio manager of the $1.3 billion Morgan Stanley Growth fund, sets out to find what he calls "emerging franchises".
eBay rose$. 14 or. 2 percent, to $56.84. Google fell $8.71 or. 7 percent, to $1180.35. Groupon Inc. rose$. 03 or. 4 percent, to $8.27.
CNBC's Josh Lipton reports Amazon's annual Prime membership fee will jump to $99 from $79. Todd Haselton, Techno Buffalo, provides insight.
Amazon announces a $20 price hike in its Prime service, but rivals shouldn't expect to get any boost.
Amazon Prime raised its membership cost to $99 from $79 per year. Aaron Kessler of Raymond James, discusses his "buy" rating on the stock, and why he thinks this price hike is a good move.
March 13- Amazon.com Inc planned to hike the annual fee for its popular Prime service by $20 to $99 starting next week, a move announced Thursday that could deter potential customers and undermine a feature that has helped drive its business. Amazon had warned of an increase of as much as $40 in January, citing rising fuel and transportation costs.
Take a look at some of Thursday's midday movers: Amazon, Herbalife, Facebook & more.
March 13- Amazon.com Inc said it is hiking the annual fee for its popular Prime service by $20 to $99 starting next week to offset rising costs, but the move could spark a customer revolt that undermines a feature that has helped boost its business.
Amazon.com will raise the price of its Prime membership to $99 a year from $79. Should you bite?
*Latest China data points to slowing economy. *Ukraine tensions continue, Merkel warns Russia. NEW YORK, March 13- U.S. stocks edged lower on Thursday as earlier gains spurred by better-than-expected data on retail sales and the labor market were offset by worries over Ukraine and the health of China's economy.
"Our guess is it's going to lead to extremely modest churn," says Mark Mahaney, RBC capital, lead Internet analyst, discussing how Amazon's Prime price hike will likely impact membership service and its growth in media.
CNBC's Jon Fortt and Jason Del Rey, Re/code, senior editor, discusses Amazon's Prime subscription price hike and the potential impact on future subscriber growth.
*Latest China data points to slowing economy. *Ukraine tensions continue, Merkel warns Russia. NEW YORK, March 13- U.S. stocks edged higher on Thursday, putting the S&P 500 on track for a second day of gains, following better-than-expected data on retail sales and the labor market, though worries about Ukraine and the health of China's economy curbed the advance.
March 13- Amazon.com Inc told customers on Thursday that the annual membership fee for its Prime shipping and media streaming service would go up to $99 from $79 next week, the first time it has increased the price since the service began in 2005..
Amazon.com is hiking prices on Prime, its premium membership tier, to $99 per year from the current $79.
Warren Buffett's Berkshire Hathaway will get a Miami television station as it breaks long-standing ties with the former Washington Post Co.
*Buffett's company and Graham Holdings in $1.1 billion swap. *Berkshire invested in Washington Post Co in 1973. March 12- Warren Buffett's Berkshire Hathaway Inc plans to shed much of its 40- year-old investment in Graham Holdings Co, the former publisher of the Washington Post, and swap most of its shares for a Miami television station and other assets.