Is Your Industry at Risk of Being ‘Amazoned’?
In a trend most recently referred to as being Amazoned, brick-and-mortar stores have been wiped out by the online giant. As Amazon (NASDAQ:$AMZN) continues to broaden its horizons and enter new sectors, billions of dollars …
Mark Zuckerberg Will Not Have to Testify After Facebook Settles Lawsuit
The results of a class action lawsuit against Facebook (NASDAQ:$FB) determine that CEO Mark Zuckerberg and other Facebook insiders will not be compelled to take the witness stand in the controversial ‘private shares’ Facebook trial. …
T-Mobile and Sprint Close to Merger Deal
It has been reported that the T-Mobile US Inc. (NASDAQ:$TMUS) potential merger with Sprint Corp. (NYSE:$S) is close to coming to agreement on tentative terms. The merger would represent a huge change in the sector …
Uber Loses London Operation License
London could be giving Uber (Privately Traded) the boot, according to Transport for London. According to the group, Uber Technologies Inc. has officially lost its license to operate in London. Specifically, Uber’s private-hire operator’s license …
Shares of Apple are Dropping Despite Release of iPhone 8
Apple’s (NASDAQ:$AAPL) stock traded down to $150.95 today, a drop of 1.69%. Friday is also the first day of availability for the new iPhone 8 and 8 Plus.
This continues the trend that …
Walgreens to Acquire 1,932 Rite Aid Stores
It appears to be yet another big day for the retail sector. On Tuesday, September 19, Walgreens Boots Alliance, Inc. (NASDAQ:$WBA) announced that United States antitrust regulators have given the green light for a slimmed-down …
Kroger Stock Plummets in Response to Amazon Effect
Kroger (NYSE:$KR) has seen its stock plummet by an astonishing 30% since Amazon (NASDAQ:$AMZN) announced its acquisition of Whole Foods (NASDAQ:$WFM). This hit was further increased when Amazon announced it would be cutting prices across …
New Survey Indicates Nike’s Woes are Far From Over as Adidas Continues to Dominate
Nike (NYSE:$NKE) has recently experienced a few hits that have left the company reeling. Competition from its main rival, Adidas (OTCMKTS:$ADDYY), has challenged Nike’s former domination of the athletic shoe market. Adding to Nike’s woes, …
Honda Makes Big Investment and Adds 300 New Jobs
Honda (NYSE:$HMC) has invested $267 million and is creating 300 new jobs. These projects began due to an expected increase in demand for the new 2018 Accord. The new model will be produced at the …
Cities Continue to Compete as Amazon Looks for New Headquarters Location
The $5 million dollar bid to build a new headquarters for Amazon (NASDAQ:$AMZN) has attracted the attention of cities across the US.
While New York has doubled down on its bid, residents in …