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  • Mall CEO clarifies Amazon stores comment Wednesday, 3 Feb 2016 | 4:25 PM ET
    The Amazon Books store in Seattle.

    After suggesting on Tuesday that Amazon may be opening hundreds of physical bookstores, GGP's CEO clarified his statement.

  • Amazon to open hundreds of bookstores Wednesday, 3 Feb 2016 | 5:45 AM ET
    Amazon to open hundreds of bookstores

    The online retailer is planning to open brick-and-mortar bookstores, according to a large mall CEO who spoke to Dow Jones.

  • Such an expansion, which Amazon itself has not confirmed, would position the world's No. 1 online retailer as a competitor to booksellers such as Barnes& Noble Inc. At present, Amazon operates a single bookstore in its home city, Seattle. Amazon recently opened its first bookstore in Seattle's University Village, where visitors can also test-drive Amazon's...

  • Amazon to open 100s of physical bookstores: DJ Tuesday, 2 Feb 2016 | 5:45 PM ET
    A customer uses a Kindle table device at the Amazon Books store in Seattle, Washington.

    Amazon is planning to open hundreds of physical bookstores, according to a large mall CEO who spoke to Dow Jones.

  • CHICAGO, Feb 2- Despite signs of slowing growth and increasing pessimism from many in the corporate world about where the U.S. economy is headed, package delivery company UPS should continue to see growth in 2016 thanks to rising e-commerce sales and a continued focus on improving operations, a top executive said on Tuesday. "If you look at most economic forecasts......

  • Warby Parker: Breaking 'glasses' ceiling Tuesday, 2 Feb 2016 | 9:08 AM ET
    Warby Parker: Breaking 'glasses' ceiling

    Neil Blumenthal, Warby Parker discusses how he is disrupting the eye wear industry without losing sight of philanthropy.

  • E-commerce has huge growth potential: Beat Wittmann Tuesday, 2 Feb 2016 | 2:34 AM ET
    E-commerce has huge growth potential: Beat Wittmann

    Beat Wittmann, partner at Porta Advisors, talks about the prospects of technology companies such as Alphabet and Amazon.

  • BEIJING— Police arrested the maverick founder of China's largest online finance business on suspicion of fleecing 900,000 investors of $7.6 billion, in what could be the biggest financial fraud in Chinese history. State broadcaster CCTV aired purported confessions from two former employees at Ezubao, an Anhui Province outfit that rose from obscurity to...

  • NEW YORK, Jan 29- Inc shares' unusual roller-coaster move before and after the world's No. 1 online retailer reported quarterly results on Thursday helped some traders make money shorting the stock. In between, the stock was all over the place, hitting a Thursday high of $638.06 and falling to a low of $540 in the action after Thursday's close.

  • Jan 28- Inc posted its most profitable quarter ever on Thursday but the world's No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading. Amazon's net profit for the fourth quarter, which includes the holiday shopping season, rose to $482 million, or...

  • Amazon shares fall as earnings miss big Thursday, 28 Jan 2016 | 6:26 PM ET
    An employee collects boxes from a conveyor belt at the Amazon fulfillment center in Madrid, Spain.

    Amazon missed Wall Street's expectations for profitability even as its key cloud computing business continued to grow rapidly.

  • Jan 28- Inc's holiday quarter profit missed Wall Street's estimates by a wide margin as the world's No. 1 online retailer faced rising operating costs and growth slowed in its cloud services business. Fourth-quarter net profit rose to $482 million, or $1.00 per share, in the quarter ended Dec. 31- marking its largest quarterly profit on record- up from...

  • Amazon revenue rises 22 pct in holiday quarter Thursday, 28 Jan 2016 | 4:04 PM ET

    Jan 28- E-commerce giant Inc reported a 21.8 percent rise in quarterly revenue, helped by strong holiday-period shopping and robust growth in its cloud services business. The world's biggest online retailer said its profit rose to $482 million, or $1.00 per share, in the fourth quarter ended Dec.31 from $214 million, or 45 cents per share, a year...

  • Jan 28- Strong holiday sales helped e-commerce giant Alibaba Group Holding Ltd beat forecasts on Thursday with a 32 percent rise in third-quarter revenue, but it was not immune from China's slowdown. Alibaba's U.S.-listed shares fell by 2.1 percent to $68 at 1458 GMT following the results. "Revenue was better than expected," Wedbush Securities analyst Gil Luria...

  • Barbie's new shapes: Tall, petite and curvy Thursday, 28 Jan 2016 | 9:36 AM ET

    Mattel, the maker of Barbie, announced Thursday the iconic doll will now come in three different body types, according to USA Today.

  • Gross merchandise volume, or the total value of goods transacted on its platforms on China retail marketplaces, rose 23 percent to 964 billion yuan, its slowest annual growth rate in more than three years. It offered $3.7 billion to become sole owner of Youku Tudou Inc, known as China's YouTube. But the majority of Alibaba's revenue still comes from China's online...

  • More empty storefronts at the mall Thursday, 28 Jan 2016 | 6:00 AM ET
    More empty storefronts at the mall

    Occupancy at malls is declining for the first time since the recession, according to research by Green Street Advisors.

  • Amazon's strong holiday sales should boost revenues Thursday, 28 Jan 2016 | 5:09 AM ET
    Amazon's strong holiday sales should boost revenues

    CNBC's Landon Dowdy provides a preview of Street expectation for Amazon's first quarter.

  • UPDATE 2-EBay gives disappointing forecast, shares fall Wednesday, 27 Jan 2016 | 5:32 PM ET

    The company forecast full-year adjusted profit of $1.82- $1.87 per share and revenue of $8.5 billion- $8.8 billion. EBay's forecast for first-quarter adjusted profit of 43- 45 cents per share and revenue of $2.05 billion- $2.10 billion also missed analysts' average estimates. Online sales in the United States jumped a better-than-expected 9 percent to $105...

  • EBay fails to post revenue growth in holiday quarter Wednesday, 27 Jan 2016 | 4:48 PM ET
    A sign is posted in front of the eBay headquarters in San Jose.

    EBay reported no growth in revenue in the holiday quarter, during which it faced intense competition from bigger e-commerce rival