The carnage of the last week- even with Wednesday's and Thursday's rebound- has been particularly acute for investors who have seen their overweight positions in companies such as social media site Facebook, pharmaceutical company Valeant, internet retailer Netflix, carmaker Tesla Motors and renewable energy company SunEdison get pummeled in the last...» Read More
While the Dow is down for the week, some stocks, particularly in the jewelry sector, have remained positive.
David Nelson, chief strategist at Belpointe Asset Management, bought shares of Amazon.com this week following a controversial New York Times piece.
SAO PAULO, Aug 19- Online retail sales in Brazil will likely slip in the third quarter from a year ago, according to the country's longest-running e-commerce survey, as a sharp economic downturn hits even sectors accustomed to robust structural growth. A drop in online sales this quarter, which appears likely based on July and August numbers, would be the first in...
CHICAGO, Aug 19- Target Corp on Wednesday reported a larger-than-expected rise in quarterly earnings as revenue got a boost from online sales and a program to narrow its product focus. Excluding special items, earnings rose to $1.22 per share in the second quarter ended on Aug. 1 from $1.01 a year earlier. For the full year, the retailer said it expected earnings of...
MOUNTAIN VIEW, Calif.— Google is introducing a low-priced smartphone in six African countries where most people still can't afford an Internet-connected device. It will be sold in stores in Nigeria and offered by online retailer Jumia in five other countries: Egypt, Ghana, Ivory Coast, Kenya, and Morocco. Infinix worked with Google on the Hot 2 as part of a program...
Aug 17- Apparel retailer Urban Outfitters Inc reported a better-than-expected quarterly profit, helped by strong demand for its Free People line of bohemian and vintage clothing and recovering sales at its flagship brand. Trendy, fashionable clothing, tight inventory controls and investments in e-commerce have helped Urban Outfitters return its...
A critical expose of Amazon's workplace dynamics by The New York Times sparked debate across social media on Monday.
Cross-border shoppers spend twice as much as domestic shoppers, says PayPal VP Dan Leberman. Here's what they want.
A New York Times article regarding the Amazon culture and work environment paints a cruel picture. Re/code's Ed Lee, shares his reaction.
One of the reporters behind the New York Times article called "Inside Amazon: Wrestling Big Ideas in a Bruising Workplace," David Streitfeld, speaks to "Squawk Alley.
After a weekend article by The New York Times described Amazon as a "bruising place to work," Jim Cramer said investors will love the stock even more.
Former Sears Canada CEO Mark Cohen, shares his view of the New York Times piece calling Amazon a "bruising" place to work. He says he is a big fan of what Amazon's created.
A New York Times article describes Amazon as a "bruising" place to work. CNBC's Jon Fortt reports on the reaction online to the piece.
Liberty Interactive buying Zulily for $2.5 billion in cash and stock.
Aug 17- Media mogul John Malone's Liberty Interactive Corp said it would acquire Zulily Inc in a cash-and-stock deal valued at $2.4 billion to tap into the online retailer's younger clientele and its strong mobile presence. Zulily, a website that hosts "flash" sales of clothing primarily for women and children, counts Chinese ecommerce giant Alibaba Group...
John Malone's Liberty Interactive said it would acquire online retailer Zulily in a cash-and-stock deal valued at $2.4 billion.
Liberty Interactive said it would buy Zulily for $18.75 per share, or $9.375 in cash and 0.3098 newly issued share of Liberty Interactive for each Zulily share.
Jeff Bezos writes to staff defending Amazon's human resources policy following a New York Times story claiming back-stabbing practices.
As China's market fell, money managers sold shares of Alibaba and Baidu, two of the largest U.S.-listed Chinese tech companies, the New York Times reports.
Amazon is experimenting with how far it can push white-collar workers, to get them to achieve its ever-expanding ambitions, The NY Times reports.