Editor’s Picks

House Judiciary Committee Seeks Testimony Of Amazon CEO Jeff Bezo On Merchant Practices

House Judiciary Committee Seeks Testimony Of Amazon CEO Jeff Bezo On Merchant Practices
House Judiciary Committee Seeks Testimony Of Amazon CEO Jeff Bezo On Merchant Practices
May 01, 2020  |  Amazon

After a report surfaced that Amazon staffers utilized information regarding independent sellers to create rival items, House Judiciary Committee legislators requested that Chairman and CEO...

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J.Crew Joins The Pandemic Bankruptcy Perp Walk
J.Crew Joins The Pandemic Bankruptcy Perp Walk
May 01, 2020  |  Retail

The great retail re-opening is now being called the “great resettling” by many observers and J.Crew is its latest victim. According to several sources the...

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London’s Finablr Finds $1B In Debt Charged To Company
London’s Finablr Finds $1B In Debt Charged To Company
May 01, 2020  |  Cybersecurity

Finablr has uncovered around $1 billion in debt hidden from its board, in the latest news in the scandal that has pushed sister company NMC...

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Big Lenders Process Half-Million PPP Loan Applications Totaling $45.8B
Big Lenders Process Half-Million PPP Loan Applications Totaling $45.8B
May 01, 2020  |  Loans

JPMorgan Chase and Bank of America said they processed almost 500,000 applications totaling roughly $46 billion as part of the Paycheck Protection Program intended to...

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Savings Rate Surges To Highest Level In 39 Years
Savings Rate Surges To Highest Level In 39 Years
May 01, 2020  |  Banking

The shaky coronavirus economy has promoted people to sock money at levels not seen since 1981. Get the Full Story Complete the form to unlock...

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Amazon Expects To Expend All Of Q2’s Profit Fighting COVID-19
Amazon Expects To Expend All Of Q2’s Profit Fighting COVID-19
May 01, 2020  |  Amazon

While Amazon earnings announcements over the years have become somewhat well known for their “expect the unexpected” atmosphere, yesterday’s earnings surprise was a big one. ...

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Consumer Groups Ask DOJ To Look At Google’s Fitbit Acquisition
Consumer Groups Ask DOJ To Look At Google’s Fitbit Acquisition
April 30, 2020  |  ANTITRUST

Public advocacy groups want the government to closer examine the acquisition of Fitbit by Google, due to the former’s potential as a rival in advertising,...

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Walmart Tests $10 Upcharge For 2-Hour Grocery Delivery
Walmart Tests $10 Upcharge For 2-Hour Grocery Delivery
April 30, 2020  |  Delivery

Walmart’s new Express Delivery service will transport items to customers’ doors within two hours for a $10 charge, the company announced Thursday (April 30). Get...

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