Amazon Removes Nazi-Themed Items After Complaints
August 15, 2018

(AP) — Amazon says it has removed items with Nazi or white supremacist symbols from its website after criticism from advocacy groups.

An Amazon executive said the company blocked the accounts of some retailers and might suspend them.

Democratic U.S. Continue reading

Snap Revenue Beats on Mobile-Ad Demand; Alwaleed Takes Stake
August 12, 2018

Snap Inc.’s second-quarter revenue topped analyst projections, signaling a pickup in demand for mobile advertising even as a controversial redesign of the Snapchat mobile app continued to hinder user growth.

Separately, Saudi billionaire Prince Alwaleed Bin Talal said he invested Continue reading

The $300 Billion FAANG Surge Lives Another Week
June 10, 2018

The world’s favorite stocks fought through to their seventh rally in nine weeks, though not without landing a few blows on traders.

For about 24 hours on Thursday and Friday, losses in the FAANG block looked liable to snowball, bringing Continue reading

Sainsbury Considers Buying Asda From Walmart
May 27, 2018

  • Combination of U.K. grocers would create rival to Tesco
  • British retailers seek scale amid online, discount competition

J Sainsbury Plc Chief Executive Officer Mike Coupe is fighting back against Amazon.com Inc. and discount grocers with another big takeover bid — Continue reading

Toys R Us Champion Larian Steps Forward With $100 Million to Save Stores
March 25, 2018

The head of the company that created Bratz dolls and Little Tikes is putting $100 million toward a long-shot bid to save Toys “R” Us.

MGA Entertainment Inc. Chief Executive Officer Isaac Larian is aiming to buy the toy-store company’s Continue reading

Keurig to Take Control of Dr Pepper in $18.7 Billion Deal
February 1, 2018

JAB Holding Co.’s audacious effort to build a food-and-beverage empire, which already includes Krispy Kreme Doughnuts and Caribou Coffee, has taken a surprise turn into soft drinks.

The investment firm’s Keurig Green Mountain Inc. business, known for its single-serve coffee brewers, Continue reading

Amazon Reveals Very Long Short List of 20 Cities for HQ2
January 26, 2018

Amazon.com Inc. narrowed the field of cities for its proposed new headquarters to 20, with New York, Boston, Chicago, Miami and Toronto among the contenders.

Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that’s expected Continue reading

World’s Top-Ranked Crypto Exchange Adds 240,000 Users in One Hour
January 14, 2018

The world’s biggest cryptocurrency exchange keeps getting bigger.

Hong Kong-based Binance.com is adding “a couple of million” registered users every week, with 240,000 people signing up in just an hour on Wednesday, Chief Executive Officer Zhao Changpeng said in an Continue reading