Jeff Bezos Predicts Amazon Will ‘One Day Fail and Go Bankrupt’; Tells Employees to...

During an all-hands meeting last week in Seattle, Amazon CEO Jeff Bezos reportedly predicted that the company would one day go bankrupt. “Amazon is not...

Hallelujah: Chick-fil-A Announces Nationwide Delivery

Getting Chick-fil-A just got a lot more convenient. The popular fast food joint known for its chicken sandwiches and waffle fries said Tuesday that it'd begin delivering from...

Home Depot Signals That US Housing Demand Slowing

Home Depot Inc (HD.N), the biggest U.S. home improvement chain, suggested on Tuesday that the pace of U.S. home sales was slowing, and said...

Wall Street Gives Up Early Gains as Energy Stocks Drag

NEW YORK (Reuters) - Wall Street struggled for momentum on Tuesday, giving up early gains as a rebound in technology stocks and renewed hope...

Juul Labs to Pull Sweet E-Cigarette Flavors to Curb Use Among Youth

Juul Labs Inc, the U.S. market leader for electronic cigarettes, said Tuesday it will pull popular flavors such as mango, cucumber and fruit from...

Oil Drops 6 Percent, With US Futures Falling to Lows Not Seen in 11...

NEW YORK (Reuters) - Oil’s slide accelerated on Tuesday, with U.S. futures dropping to lows not seen in 11 months due to ongoing worries...

S&P Inches Higher in Trading as Drop in Oil Prices Hits Energy Stocks

The S&P 500 edged higher in choppy trading on Tuesday as a bruised technology sector recovered and industrial stocks gained on hopes of a...

Starbucks to Lay Off 350 Global Corporate Employees

Starbucks Corp (SBUX.O) is laying off about 350 global corporate employees, Chief Executive Officer Kevin Johnson said on Tuesday in a memo to employees,...

Justice Department Settles Antitrust Charges With Six Broadcast Companies

WASHINGTON (Reuters) - The U.S. Justice Department has settled antitrust charges with Sinclair Broadcast Group, Tribune Media Co and four other broadcast companies accused...

Amazon Picks New York City and Virginia for $5 Billion New Headquarters

SAN FRANCISCO (Reuters) - Amazon.com Inc (AMZN.O) picked America’s financial and political capitals for its split new headquarters, saying on Tuesday it will build...

Asian Shares Skid After a Rout in Wall Street Tech Stocks; Drop in Oil...

Asian shares skidded on Tuesday after a rout in tech stocks put Wall Street to the sword, while a sharp drop in oil prices...

Nasdaq Falls 2 Percent as Apple’s Chipmaker Stocks Are Hit by Weak Forecasts

The Nasdaq Composite index fell about 2.5 percent on Monday, hit by a slump in Apple Inc shares after two suppliers cut their forecasts,...

Sears and Kmart Shutting Down Another 40 Stores

Sears Holdings is shutting down another 40 stores as the once dominant player in retail struggles to survive in bankruptcy. Employees at 29 Sears and...
A man carrying a shopping bag walks past holiday decorations along Fifth Avenue in Midtown Manhattan. (Getty Images)

Holiday Sales in U.S. Predicted to Surpass $1 Trillion for First Time This Year

Christmas holiday retail sales in the U.S. are expected to climb above the $1 trillion mark for the first time this year, on the...

Under Armour’s #MeToo Moment: Employees Can No Longer Visit Strip Clubs on Sports Apparel...

Earlier this year, Under Armour upended a longstanding practice of allowing employees to charge strip-club visits to their corporate cards, The Wall Street Journal reported Monday....

Manager of Norway Wealth Fund Says US Should Improve Transparency of Shareholder Votes

U.S. financial regulators should improve the transparency of so-called proxy votes to ensure shareholders’ views are properly reflected, the managers of Norway’s $990 billion...

Citigroup Appoints Philip Drury Head of EMEA Investment Banking

Citigroup Inc (C.N) named Philip Drury to run its London-based banking, capital markets and advisory business across Europe, the Middle East and Africa, according...

Stocks Set to Fall on Monday

World stocks slipped and U.S. shares were set to fall on Monday, halting a four-day recovery rally as anxiety surrounding global trade conditions and...

Goldman Sachs Hosts Dinner With Representatives of Private Equity Firms

The top echelons of Goldman Sachs Group Inc’s investment bank hosted a dinner over the summer with the representatives of almost 20 private equity...
Jeff Bezos (Matthew Staver | Bloomberg | Getty Images)

Amazon Reportedly Selects Northern Virginia for Second Headquarters

Amazon is in the advanced stages of placing its second headquarters in Northern Virginia, The Washington Post reported on Saturday, as the retail giant...