Business
Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a slowdown in pandemic-induced online shopping and a huge write-down of its investment in an electric-vehicle startup.
Apr 28, 2022
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28
Business
Multinational sporting goods seller Nike will close its stores in the US, Canada, Western Europe, Australia and New Zealand for 11 days starting Monday in response to the coronavirus pandemic, it said in a statement received ...
Mar 15, 2020
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0
Business
Early data on the 2019 holiday shopping season released Thursday suggest Santa Claus was a bit more generous this year as he shifted more into omnichannel mode.
Dec 26, 2019
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6
Colin Huang, founder of the Chinese e-commerce firm Pinduoduo, stepped down as chairman Wednesday just as the company's annual user base surpassed that of rival Alibaba.
Mar 17, 2021
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4
Business
Amazon's annual "Prime Day" online shopping bonanza racked up more than $11 billion in sales at the e-commerce platform, market tracker Adobe reported on Wednesday.
Jun 23, 2021
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4
Business
Amazon returned to profitability over the summer after two consecutive quarters of losses, but its stock fell sharply in after-hours trading due to weaker-than-expected revenue and disappointing projections for the current ...
Oct 28, 2022
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42
Energy & Green Tech
At a bicycle trade fair in Stuttgart, steep discounts on brand-new models hint at the turmoil roiling the industry now that a pandemic-fueled cycling craze has faded.
Jan 24, 2024
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8
Business
Online sales during Black Friday and Cyber Monday were expected to break records this holiday, and it appears Amazon was one of shoppers' key destinations.
Dec 1, 2020
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Automotive
Tesla has launched sales in Thailand, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China's BYD.
Dec 7, 2022
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5
Business
France will enforce a new digital levy for online technology giants this year, breaking a truce with Washington over the long-running tax fight that could prompt a round of punitive US tariffs on French goods.
Nov 25, 2020
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5
