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Amazon Prepares to Launch (Another) Grocery Store Chain

6 years 8 months ago
Amazon (NASDAQ: AMZN) owns Whole Foods, so it might seem a bit odd that it's planning to open a second grocery chain. It makes more sense, however, when you consider how much data the online retailer has that it can't use at those upscale stores.

GRAPHIC-Take Five: In sickness and in health

6 years 8 months ago
CHINA ON SICK LEAVE A leap in coronavirus cases in Hubei gave markets pause - for all of 24 hours. Then attention shifted back to the global case-count and the rally resumed. But while investors are focused on containment, the world's second-biggest economy is idling.

Tesla Changes Its Mind on Raising Capital

6 years 8 months ago
Just two weeks ago, Tesla (NASDAQ: TSLA) CEO Elon Musk casually dismissed the idea of raising capital after the electric-car maker reported strong fourth-quarter earnings that included a second consecutive quarter of profits on a GAAP basis. The stock had already started its rec

Stocks Stay Resilient Amid New Coronavirus Cases

6 years 8 months ago
Just when we thought the spread of the coronavirus was waning, news of a spike in cases from China led stocks lower on Thursday. However, the pullback in the major indices was rather modest, leaving stocks still solidly higher for the week heading into Friday. The Dow finish

Here's Why Everyone Should Be Rooting for Shopify

6 years 8 months ago
E-commerce software and support company Shopify (NYSE: SHOP) had another blockbuster year. Total revenue for 2019 grew 47% to $1.58 billion, and adjusted net income was $34.3 million -- including a surprise $50.0 million adjusted net profit during the busy holiday shopping perio
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