Amazon sales surge after Whole Foods acquisition Amazon sales surge after Whole Foods acquisition: Amazon is winning business from older, big box rivals by delivering virtually any product to customers at a low cost, and at times faster than it takes to buy goods from a physical store. It acquired […]
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U.S. business spending on equipment robust new home sales surge U.S. business spending on equipment robust new home sales surge: New orders for key U.S.-made capital goods increased more than expected in September and shipments rose for an eighth straight month, pointing to robust business spending that should help to […]
Asian stocks flat after Wall Street pullback euro gains before ECB Asian stocks flat after Wall Street pullback euro gains before ECB: MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat. Australian stocks and South Korea’s KOSPI .KS11 both inched down 0.1 percent. Japan’s Nikkei .N225, which had […]
iPhone X demand will be substantial but not exceptional Iphone X demand will be substantial but not exceptional: Days before Apple Inc’s much-awaited iPhone X opens for preorders, a survey by brokerage Bernstein showed that demand for the device will be substantial, but not exceptional, with about a quarter of […]
Target gears up for holidays with free shipping and gifts under $15 Target gears up for holidays with free shipping and gifts under $15: Target, which has promised about 1,700 holiday products including “Star Wars,” LEGO and Netflix merchandise and hundreds of $1 stocking stuffers, said it would offer promotional […]
Oil prices rise on tightening supply strong demand Oil prices rise on tightening supply strong demand: Brent crude futures LCOc1, the international benchmark for oil prices, were at $57.90 at 0131 GMT, up 15 cents, or 0.26 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 […]
Amazon Studios chief resigns after harassment allegations Amazon Studios chief resigns after harassment allegations: Price went on a leave of absence last week and Albert Cheng, the studio’s chief operating officer, remains interim head of the division, the spokeswoman said. Price did not return requests for comment. Many women have […]
Asia oil buyers turn to U.S. in hunt for cheap supply Asia oil buyers turn to U.S. in hunt for cheap supply: As many as 11 tankers, partly or fully laden with U.S. crude, are due to arrive in Asia in November, with another 12 to load oil in the […]
Asian shares conquer 10-year peak oil up on Iraq tensions Asian shares conquer 10-year peak oil up on Iraq tensions: Asian shares advanced to a decade high on Monday, while U.S. oil futures jumped to hover near a six-month top as escalating tensions between the Iraqi government and Kurdish forces […]
Taiwan fines Qualcomm $774 million for antitrust violations Taiwan fines Qualcomm $774 million for antitrust violations: Qualcomm Inc (QCOM.O) faces an antitrust fine in Taiwan, the latest in a years-long streak of regulatory setbacks to its business model that comes as it also fights U.S. regulators and iPhone maker Apple Inc […]
