In a logistics debut, Amazon acquired order fulfillment company Kiva Systems. So will it add FedEx or United Parcel Service to its list of rivals? The competition has already begun, says Ben Schachter, Internet analyst at McQuarie Securities. Read More
Stifel Nicolaus downgraded UPS in a research note on Tuesday, saying the company’s upside potential is limited in the near-term due to its impending merger with TNT Express. Read More
Remember that YouTube video by a guy who sang a song about United Airlines breaking his guitars? Well, now he’s turned his viral fame into a business — the business of helping other victimized customers get their complaints heard, too. Read More
If your long-term plan is to keep working, investing and living where you are until the day you retire, and then change your lifestyle and financial life, you are practicing what I call “cliff living”—living one way until you abruptly leave the world of work, then leaping to a whole new level of life and finances. Read More