In Another Challenge to Walmart, Amazon Offers Whole Foods Discounts
Amazon has ratcheted up its competitive tactics with a program that will offer some of its Prime members 5% back on Whole Foods purchases.
All Work
Douglas A. McIntyre
6 Most Important Things in Business Today
GM may keep some of its operations in South Korea, Albertsons will buy part of Rite Aid, iPhone sales are weak throughout much of Asia, and other important headlines.
Virgin Group To Build Hyperloop In India, Serve 26 Million People
Richard Branson, head of The Virgin Group, announced the company plans to open a hyperloop in India. It will serve 26 million people and carry as many as 150 million passengers a year. Hyperloops…
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Household debt has risen around the world. According to The Wall Street Journal: A decade after the global financial crisis, household debts are considered by many to be a problem of the past after…
GM Sold Only 1,177 Bolt EV Models In January
GM’s (NYSE: GM) Chevy Bold EV is supposed to be the Tesla (NASDAQ: TSLA) Model 3 killer. However, GM only sold 1,177 Bolt models in January, up from 1,162 in the same month last…
Why Does Amazon Discount Echo Dot To $39
Among the most visibly promoted products at Amazon, the Echo Dot is on sale for 25% off, a big drop. The deal does have strings attached, which is the key to Amazon's discount.
Chevy Tries to Boost Silverado Pickup Sales With $9000 in Incentives
In the ultra-competitive field of full-sized pickups, Chevy has discounted a model of the second best-selling vehicle in America by over $9,000.
Black Panther Brings in $25 Million Thursday, Aims at $200 Million Weekend
The Presidents Day weekend is often where studios place movies they believe will shine. "Black Panther" is no exception.
A New Forecast That Cars Are Going Away
An industry leader recently made comments to support the theory that mainstream cars will disappear, and the warning is starker than most.
Shares of Parent of Smith & Wesson Assault Rifle Maker Crash
The stock of the parent company that owns rifle maker Smith & Wesson has collapsed over the past year. That is the maker of the semi-automatic AR-15 assault rifle used in the Parkland, Florida,…
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One of America's largest newspapers to lay off over 200 people, the movie industry thinks "Black Panther" will be a blockbuster, bitcoin prices climbed back above $10,000, and other important headlines.
Amazon on Its Way to Becoming Second Most Valuable Company
Investor enthusiasm, fueled by the innovation, likely will take Amazon's market cap ahead of Alphabet's.
Why Buffett Quit IBM and CEO Rometty
Warren Buffett's bet on IBM, which he has almost completely abandoned, was based on his belief that its chief executive officer, Ginni Rometty, could turn around the floundering tech company.
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Warren Buffett sold almost all of his IBM shares, Amazon's market cap has passed Microsoft's, an increase in the federal gasoline tax may be used to pay for infrastructure plans, and other important headlines.
Fiat, Chrysler Fall at Bottom of New JD Power Dependability Study
When J.D. Power released its 2018 U.S. Vehicle Dependability Study, Fiat and Chrysler brands took two of the bottom three spots,
New CEO Will Struggle at Chipotle
Taco Bell chief to take up the reins at Chipotle Mexican Grill. He steps into a set of problems he cannot solve.
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Chipotle Mexican Grill has named a new CEO, Walmart announced more employee layoffs, Olympics viewership has been mediocre, and other important headlines.
Barnes & Noble Plans to Fire Staff, Maintain Customer Service at Same Time
Barnes & Noble had bad news for some of its workers, good news for investors and uncertain news for customers.
Once Major Competitors, Amazon and Barnes & Noble Each Lay Off Workers
Barnes & Noble laid off workers because of poor holiday sales. Ironically, Amazon also laid off workers recently.
US to Lead Charge in Global Oil Growth, May Become World’s Largest Producer
The new International Energy Agency (IEA) report on oil supply and demand shows that supply may top demand later this year.