Editor’s Picks

Amazon To Open First Los Angeles Amazon Fresh Supermarket With Smart Carts

Amazon To Open First Los Angeles Amazon Fresh Supermarket With Smart Carts
Amazon To Open First Los Angeles Amazon Fresh Supermarket With Smart Carts
August 27, 2020  |  Amazon

Ready to do battle with supermarket giants Kroger Co. and Albertsons Cos. Inc. in the $900 billion U.S. grocery industry, Amazon will open a Los Angeles supermarket this...

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Salesforce Orders Some 1,000 Layoffs Despite Great Earnings And Record Stock Price
Salesforce Orders Some 1,000 Layoffs Despite Great Earnings And Record Stock Price
August 26, 2020  |  Economy

Salesforce is cutting around 1,000 jobs, or 2 percent of its workforce, despite a massive earnings report that raised the company’s stock, CNBC reported. The...

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Apple iPhones Won’t Get Fortnite Updates Amid Epic Court Battle
Apple iPhones Won’t Get Fortnite Updates Amid Epic Court Battle
August 26, 2020  |  Legal & Regulation

With the ongoing strife between Apple and Epic Games, iPhones won’t have access to Fortnite updates, Reuters reported. Get the Full Story Complete the form...

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SEC Eases Eligibility Rules For Alternative Investments Like Venture Capital, Hedge Funds
SEC Eases Eligibility Rules For Alternative Investments Like Venture Capital, Hedge Funds
August 26, 2020  |  Legal & Regulation

The Securities and Exchange Commission (SEC) on Wednesday (Aug. 26) made it easier for rank-and-file investors to take the risk – and potentially reap the...

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Bancorp Founder Betsy Cohen To Take New SPAC Public
Bancorp Founder Betsy Cohen To Take New SPAC Public
August 26, 2020  |  IPO

Betsy Cohen, who founded and formerly operated The Bancorp, is planning to take a $750 million shell company public this week. Get the Full Story...

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Survey: WeChat Ban Will Hurt U.S. Businesses
Survey: WeChat Ban Will Hurt U.S. Businesses
August 26, 2020  |  Cybersecurity

President Donald Trump’s executive order to ban WeChat will have the unintended consequences of hurting U.S. businesses in China, according to a new survey. Get...

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Indian Vendors Association Files Antitrust Charges Against Amazon
Indian Vendors Association Files Antitrust Charges Against Amazon
August 26, 2020  |  ANTITRUST

Amazon continues to wind up under the scrutiny of regulators worldwide. The online behemoth now faces renewed complaints in India. Get the Full Story Complete...

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Nordstrom, JCPenney See Continued Revenue Struggles
Nordstrom, JCPenney See Continued Revenue Struggles
August 26, 2020  |  Retail

The department store sector is in the middle of another tough week, as Nordstrom filed disappointing earnings on Tuesday (Aug. 25) and JCPenney investors look...

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