Cyber Monday Sales Rocket to $6.6 Billion
Cyber Monday sales surged almost 17% to more than $6 billion, and total online sales have topped $1 billion every day in November, according to industry research.
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Douglas A. McIntyre
Year-End Gas Prices Expected to Surge
Year-end gasoline prices will be at their highest level since 2014, according to the AAA. This will be the case despite a modest drop in prices from current levels.
Amazon’s 120 ‘Best Sellers’ for Cyber Monday
Amazon.com Inc. (NASDAQ: AMZN) posts its most popular items based on unit sales. It calls the list “Amazon Best Sellers.” The list draws from six primary categories, with the top 20 selling items in…
6 Most Important Things in Business Today
Consumer Financial Protection Bureau chief sues the White House, "Coco" led the box office last weekend, and more important headlines.
Amazon Readies For Cyber Money With 50% Off Some Items
As Thanksgiving Day, Black Friday, and Thanksgiving Saturday and Sunday draw to a close, the online retail world has begun Cyber Monday sales. Cyber Monday is traditionally the day on which e-commerce sites get…
Top 100 Selling Items On Amazon As Record E-Commerce Sales Continue
Adobe, which officially tracks the e-commerce sales from 80 of the 100 largest websites reported that Black Friday sales reached $5.03 billion, up 16.9% from last year. The company’s research shows that every day…
Black Friday Online Sales Officially Pass $5 Billion
Software firm Adobe, which tracks online holiday sales by day, forecast Black Friday e-commerce sales would top $5 billion. They did. According to Adobe’s survey of 80 of the web’s largest online retailers, Black…
What Will Happen To Charlie Rose’s 12,886 Videos?
Charlie Rose has 12,886 videos posted at his website, charlierose.com. Some small number of die-hard fans may continue to watch interviews from the archive. However, traffic to the videos is likely to be very…
Cronkite School Of Journalism Takes Away Charlie Rose’s Award
The Walter Cronkite School of Journalism and Mass Communication, based at the Arizona State University, named for a man many people think is the greatest TV journalist of all time, took away the Walter…
Good Friday Online Spending Explodes Toward $5 Billion
As e-commerce continues to take over holiday shopping, Good Friday activity reached a new level. The sales number for the day was close to $5 million according to data from Adobe. The research showed:…
Most Major Retail Stocks Sell Off The Month Before Black Friday
Traditional retail stocks did not get a break in the month which ended Thanksgiving. There was no renewed optimism they can successfully battle e-commerce this holiday season. The fact among the large department stores…
Postal Service Expects To Deliver 15 Billion Pieces Of Mail Over Holidays
The deeply troubled United States Postal Service will do brisk business over the holidays, despite companies which including Fedex (NYSE: FDX) and UPS (NYSE: UPS) constantly stealing its customers. The USPS released data as…
Thanksgiving Online Spending Tops $1 Billion
According to research from Adobe, every day in November Americans have spent more than $1 billion online. Thanksgiving extended that record The software company tracks daily e-commerce sales: Based on Adobe Analytics data, we’ve…
Rovio Shares Drop 20% On Bad Earnings
Rovio shares are down 20% in trading on the Nasdaq Helsinki. They fell to 9.57 euros. The figure is an all time low for the company which recently completed its IPO. Revenue increased 70%…
Eurozone Growth Reaches Multiyear High
Just as the U.S. economy has hit long and rapid strides in employment, consumer confidence, and GDP growth, the Eurozone has followed suit. According to new data from IHS Markit, PMI and employment indicators…
Cobalt Price May Be Key To Electric Vehicle Growth
ThinkstockSales of electric cars have surged in most developed economies around the world and are expected to be well into the billions per year by the end of the decade. One element which could…
Hyundai Kia Sales Slip Sharply In November
While car sales in the U.S. were fundamentally flat across the industry in November, sales of South Korean brands Hyundai and Kia fell sharply. It continues a tough year for the brands According to…
‘CBS This Morning,’ Dead Last in Ratings, Faces More Problems as Rose Departs
Charlie Rose's firing from 'CBS This Morning' leaves the the network's already troubled morning show with more problems.
6 Most Important Things in Business Today
In business November 22: Meg Whitman will retire from Hewlett Packard; Uber pays off hacker; FCC plans to scrap net neutrality rules; Foxconn may have used illegal student labor to assemble Apple's iPhone X;…
Toys ‘R’ Us Helps Hyundai Sell Cars
Toys “R” Us is helping Hyundai sell its new Sonata. It is one of the novel ways the bankrupt retailer is trying to generate money outside its traditional business. Toys “R” Us has put…