FedEx shares fall on quarterly revenue miss
FedEx shares fell after the package delivery company's latest quarterly results showed that revenue dropped for a third straight quarter.
Alibaba names new CEO to replace Daniel Zhang in major management reshuffle
Alibaba's current chief executive Daniel Zhang will be replaced, the company announced, amid a major management shuffle in an effort to promote its cloud intelligence services.
Amazon, Target modify deliveries in areas with poor air quality
Amazon is cutting delivery routes short in places affected by poor air quality, while Target's order pickup service may not operate in the most affected areas.
Success of Yellowstone, Boot Barn is 'hidden in plain sight': CEO Jim Conroy
Boot Barn President and CEO Jim Conroy discusses the 'giant consumer market' for Western-style apparel on 'The Claman Countdown.'
Amazon planning conversational AI chatbot for website search
Amazon is looking to overhaul its search functionality to incorporate a conversational chatbot driven by artificial intelligence according to job postings on its website.
Amazon to increase delivery speed while cutting costs
Amazon has made major changes to its logistics operation aiming to reduce travel distance resulting in faster delivery and lower costs.
50k stores could close in five years due to a slowdown in consumer spending, ecommerce demand
UBS predicted that there will be an acceleration of store closures. Over the next five years, analysts project more than 50,000 stores will close.
SoftBank selling off most of its Alibaba stake: report
SoftBank has reportedly been selling most of its remaining shares in the e-commerce company Alibaba amid a market downturn.
US regulators are 'squeezing' crypto, stifling innovation: Christopher Alexander
Liberty Blockchain CCO Christopher Alexander discusses the resiliency of bitcoin and other digital assets after the SVB collapse on 'Mornings with Maria.'
Walmart revamps digital site as demand for e-commerce continues
Walmart announced in a blog post Monday that it is rolling out a new website design that will be more engaging for customers to use as demand for e-commerce continues.
Jack Ma engineered Alibaba’s breakup from overseas
Chinese billionaire and Alibaba founder Jack Ma worked from outside China to orchestra the breakup on ecommerce retailer Alibaba Group.
Alibaba to split into 6 units, explore separate IPOs
News of the restructuring comes one day after Alibaba founder Jack Ma was spotted at a primary school in Hangzhou, marking his first public appearance in mainland China in over a year.
Petco, Freshpet launch subscription pet meal program for dogs
As part of the newly announced partnership, Freshpet and Petco will produce and deliver customized subscription meal plans to pet owners in 15 states before expanding nationwide.
More people are delaying paying up front
Consumers are increasingly relying on Buy Now, Pay Later services in order to cover the costs of their daily expenses amid the uncertain economic environment.
Silicon Valley Bank items hit eBay days after collapse
Days after Silicon Valley Bank, the 16th largest bank in the U.S. collapsed, several listings appeared on eBay for what sellers are calling "authentic" corporate swag.
Amazon, Rivian in talks to end exclusivity part of delivery-van pact
Amazon.com Inc. and Rivian Automotive are revisiting their exclusive electric van deal as the electric truck maker seeks to sell to others, The Wall Street Journal reported exclusively, citing people familiar with the matter.
How Lego beat Barbie and Monopoly
Lego has beaten out Mattel and Hasbro to become the world's largest toy company. The dutch brick maker has used pop culture and media to maintain excitement.
Alibaba posts lackluster growth, hit by China’s pandemic control measures
Alibaba’s quarterly revenue rose 2% from a year earlier as the Chinese tech company recovers from last years zero-covid lockdowns and a recent regulatory crackdown.
Walmart sells Moosejaw to Dick's Sporting Goods
Dick’s Sporting Goods will purchase outdoor outfitter Moosejaw from Walmart for an undisclosed amount.
Amazon stock drop has workers facing pay squeeze
Corporate employees for tech-giant Amazon will see a 15-50% drop in salaries in 2023 due to the stock’s underperformance in 2022.