Some of the names on the move ahead of the open.» Read More
While the recent bird flu outbreak has hit many hard, it has also yielded some winners.
June 5- Shares of DavidsTea Inc, a specialty tea retailer that has grown rapidly in Canada and the United States since its founding in Montreal in 2008, rose as much as 39 percent in their U.S. debut, valuing the company at about $600 million. DavidsTea, which sells more than 150 types of tea through 161 stores in Canada and the United States and its davidstea.com...
CHICAGO, June 5- In a January earnings call with investors, Apple Inc Chief Executive Tim Cook made a confident prediction: "2015 will be the year of Apple Pay," he said. Since then, the company has aggressively courted retailers- and claimed significant success. To assess Apple's progress, Reuters worked from the National Retail Federation's list of the top 100 U.S....
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LONDON, May 26- Amazon's decision to change its tax-efficient European business structure could raise its tax bill by as much as $100 million a year but authorities will have to fight for additional money and any payments will be hidden from public view. The company has historically paid little tax in Europe because its clients did business online with...
Amazon has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg.
BRUSSELS, May 26- The European Commission said on Tuesday it would continue its investigation into Luxembourg's tax treatment of Amazon after reports the online retailer had changed its tax practices in Europe. We are examining the concerns that the tax ruling granted by Luxembourg to Amazon is providing the company with selective advantages, "said...
NEW YORK, May 24- Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg, the Wall Street Journal reported Sunday. European Union antitrust regulators opened an investigation into Amazon's tax-minimizing arrangements with Luxembourg in October.
Music streaming service Spotify will start offering video content with partners that include Comedy Central and Vice News.
Some of the names on the move ahead of the open.
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