The S&P continues to soar, but a Nobel warns of a bubble and 'the smartest guys in the room' get plenty wrong: This week's market winners and losers.» Read More
The Amazon CEO's plans for using drones and his ownership of The Washington Post may signal a golden era of influence in Washington.
The news that Amazon would deliver by drones generated widespread buzz that spilled over into Cyber Monday, the busiest online shopping day of the year.
The company must clear regulatory and technological hurdles before its vision becomes a reality in the U.S., according to drone specialists.
CNBC's Jon Fortt gives his forecast for Cyber Monday and reports on the record Thanksgiving and Black Friday sales data. Fortt says nearly 1 in 4 online purchases happened on smartphones and tablets.
To compete with each other and powerhouse Amazon.com Inc, many U.S. retailers began offering some of the season's best online deals, which were traditionally reserved for the Monday after Thanksgiving, several days ago.
Amazon is testing a drone delivery service aimed at improving the way customers receive packages, reports CNBC's Jon Fortt.
The U.S. Supreme Court declined to decide whether Internet retailers need to collect sales taxes in states where they have no physical presence.
NEW YORK-- EBay's stock climbed Monday, thanks to strong sales growth over the holiday weekend. The analyst said that eBay's Friday and Saturday performances also topped Amazon.com, which reported 35 percent growth on Friday and a 24 percent increase on Saturday.
WASHINGTON, Dec 2- The U.S. Supreme Court declined on Monday to tackle the long-standing question of whether Internet retailers like Amazon.com Inc should be required to collect sales taxes in states where they have no physical presence.
Consumers are expected to take to the web to get the best deals delivered in time for Christmas on Monday.
The "Squawk on the Street" crew discuss Amazon's testing of a system. Amazon CEO Jeff Bezos says it is working and will have a full rollout.
Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell.
It looks like online shoppers got a big jump on Cyber Monday this weekend. But overall, the holiday buying season got off to a rather tepid start.
U.S. stock index futures pointed to a flat-to-lower open on Monday, ahead of a bumper week of data culminating in Friday's non-farm payrolls.
Some of the names on the move ahead of the open.
Online retailer Amazon.com is testing package delivery using drones, the company's CEO Jeff Bezos told CBS television late Sunday.
Dec 1- Amazon.com Inc is testing delivery packages using drones, CEO Jeff Bezos said Sunday on the CBS television program "60 Minutes." That represents roughly 86 percent of packages that Amazon delivers, he said.
NEW YORK, Dec 1- Heavy discounting took a toll on U.S. retail sales during the Thanksgiving weekend as shoppers spent almost 3 percent less than they did a year earlier, according to data released Sunday by an industry group.
If a smartphone is on your holiday wish list, here is a guide to which device will suit you best.
Investors and Wall Street strategists who follow retail sales provided Reuters with some guidelines to avoid being confused by the deluge of data. They say that it is best to measure or forecast sales over a three-month period- from November to the end of January- rather than just a few days or a few weeks around Thanksgiving or heading into Christmas.