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  • Ralph Lauren's net income fell to $41 million, or 49 cents per share, in the quarter ended April 2, from $124 million, or $1.41 per share, a year earlier. Excluding items, the company earned 88 cents per share, above the average analyst estimate of 83 cents, according to Thomson Reuters I/B/E/S. Revenue fell 1 percent to $1.87 billion, but came in above analysts' average...

  • George Zimmerman auctions gun used to kill Trayvon Martin

    The 9-millimeter pistol is being auctions at a starting bid of $5,000.

  • PARIS, May 12- Casino said on Thursday it would spend up to $196 million to take its e-commerce unit Cnova private, nearly two years after listing it on Nasdaq as difficulties in Brazil derailed plans to create a broad e-commerce business. Casino said it would reorganise Cnova's troubled business in Brazil, merging it with another of its units, appliance retailer...

  • Is it game over for traditional retailers?

    Charles Newsome, divisional director at Investec Wealth, talks about how digital disruption by companies like Amazon has put pressure on retailers.

  • SAO PAULO, May 11- Via Varejo SA, Brazil's largest appliance retailer, has formally entered talks to absorb the e-commerce business of CNova NV in the country, a source familiar with the deal said on Wednesday, the latest step in a turnaround plan engineered by their controlling shareholder Casino Guichard Perrachon SA. Reuters reported on April 29 that France's...

  • Boy shops in Payless

    Payless is pulling all of its boys' Jake Lighted Runner light-up shoes from the shelves after being suspected of sparking SUV fire, NBC News reports.

  • Users of Amazon's service will be able to make their videos available in United States, Germany, Austria, the United Kingdom and Japan. The company has also signed up several partners for the service, including Conde Nast Entertainment, the Guardian, tech blog Mashable and toymaker Mattel Inc.. Amazon recently launched a monthly subscription to the program for...

  • May 10- Amazon.com Inc launched a service on Tuesday that allows users to post videos and earn royalties from them, setting up the world's biggest online retailer to compete directly with Alphabet Inc's YouTube. The service, called Amazon Video Direct, will make the uploaded videos available to rent or own, to view free with ads, or be packaged together and offered...

  • BENGALURU/ BEIJING May 9- Chinese online retailer JD.com forecast slower revenue growth for the second quarter on Monday, sending its shares tumbling more than 9 percent even though its expansion in the first three months broadly met expectations. JD.com' s shares fell as much as 9.1 percent to $22.90 in morning trading in New York and were down at $23.00 at 1502...

  • Investors welcomed the higher-than-expected revenue, sending the firm's American Depository shares up 3.7 percent to $78.60 by 1435 GMT. "Whatever they are doing must be working, and most importantly it's a sign that the Chinese consumer may not be weakening quite yet," said Gil Luria of Wedbush Securities. Its online finance affiliate Ant Financial Services...

  • Next big thing in technology

    Social Capital Founder Chamath Palihapitiya says he is watching development in the area of artificial intelligence.

  • World is awash in money: Social Capital founder

    Social Capital Founder Chamath Palihapitiya discusses how low interest rates are impacting returns. In a world like this, you have to be a "good picker," says Palihapitiya. Also Palihapitiya weighs in on politics in Silicon Valley. People feel an "asymmetry," he says.

  • Amazon $1T biz by 2025: Pro

    Social Capital Founder Chamath Palihapitiya discusses his bullish outlook on Amazon and why he thinks CEO Jeff Bezos is building the most durable company in the world.

  • May 5- Alibaba Group Holding Ltd, China's biggest e-commerce company, said fourth-quarter revenue rose 39 percent, beating Wall Street estimates, helped by growth in gross merchandise volume. The company's American Depository shares were up 3.5 percent at $78.48 on Thursday. Revenue rose to 24.2 billion yuan in the quarter ended March 31 from 17.4 billion yuan...

  • Alibaba vs Amazon

    Duncan Clark, author, talks about e-commerce platform Alibaba and the Chinese growth story, and contrasts the company with Amazon.

  • Top VC long Amazon

    Chamath Palihapitiya, Social Capital Founder & Managing Partner, discusses his long position on Amazon and his view on the business model.

  • May 4- Canada's Shopify Inc, a maker of software that helps retailers set up and manage online stores, posted better-than-expected results and raised its full-year revenue forecast. However, the company said it expects a bigger 2016 operating loss of $41 million- $47 million, compared with a previous forecast of $36 million- $42 million, due to higher...

  • When to get in Amazon

    How to trade Amazon after a blowout quarter, with the FMHR traders, and John Spallanzani, GFI Group.

  • Groupon adds nearly 1M new customers in 90 days

    Groupon CEO Rich Williams discusses quarterly earnings and expectations for growth into 2017.

  • Laremy Tunsil's Twitter account hacked on NFL draft night

    Laremy Tunsil appeared to wear a gas mask while smoking marijuana in a photo showing up on Twitter on the night it was announced he was drafted by the Miami Dolphins. Mike Isaac, New York Times tech columnist, reacts.