#Amazon

  • Footlocker woes continues amid Nike-Amazon deal!

    Foot Locker is down about 20% in premarket trading on Friday after releasing dismal second-quarter results. The sneaker retailer reported earnings of $0.39 a share, much lower than Wall Street’s estimates of $0.89. Revenue was also light, coming in at   $1.7 billion, which was lower than the $1.8 billion that...
  • Trump criticizes Amazon for ‘great damage’ to retailers!!!

    President Trump renewed his attack on Amazon Wednesday, tweeting that the e-commerce giant is “doing great damage to tax paying retailers” and removing jobs in cities. Amazon, which employs about 180,000 in the U.S. and has plans to finish hiring 100,000 more full and part-time jobs by mid-2018, couldn’t...
  • Google Home one-ups Amazon Echo, now lets you call phones

    Google Home can now place phone calls. Google announced that the new feature is rolling out to owners of its Amazon Echo competitor now. Amazon’s product also allows calls, but only to other Echos. With the Google Home, you can call any number in the U.S. or Canada for...
  • Why is Trump going after Amazon???

    President Donald Trump is renewing his attacks on e-commerce giant Amazon, and he says the company is “doing great damage to tax paying retailers.” Trump tweets that “towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” The president has often criticized the company and...
  • President blames Amazon for ‘great damage’ to retailers

    President Donald Trump on Wednesday blamed online retailer Amazon for “great damage” to U.S. retailers, said North Korean leader Kim Jong Un was “wise” to pull back on his plan to launch missiles at Guam and congratulated the top two finishers in Alabama’s Republican Senate primary. TRUMP LASHES OUT...
  • Amazon may have a new plan to take on takeout!!!

    Amazon (NASDAQ: AMZN) already challenges supermarkets in a number of ways, including offering grocery delivery in an ever-growing number of markets through its Fresh service. And, of course, the chain will be stepping up its grocery game when it completes its $13.7 billion purchase of Whole Foods Market, a...
  • Walking Dead creator Robert Kirkman signs deal to develop TV for Amazon

    Amazon has a new overall deal with The Walking Dead comic book series creator Robert Kirkman. Kirkman’s comic provided the inspiration for the hit AMC show of the same name, and now he’ll work with Amazon and his own Skybound Entertainment company to create TV projects designed to air...
  • Office Depot Admits Amazon Is Stealing Its Business and Shares Slide 25%

    Office Depot (ODP, -25.86%) saw shares plummet as it reported weaker-than-expected sales in the quarter ended July 1, but more crucially, admitted that Amazon (AMZN, -0.79%) Business was eating into its corporate services segment. Shares lost 25% of their value on investor fears that the weak quarter was only...
  • This mysterious billionaire just beat out Jeff Bezos to become the second-richest man in the world

    The mysterious founder of Zara just beat out Jeff Bezos to become the second-richest person in the world. Amancio Ortega claimed the No. 2 spot on the list of the world’s richest people on Tuesday, Forbes reported. Amazon founder and CEO Jeff Bezos — who just last week beat...