Walmart Inc's Indian e-commerce unit Flipkart said on Monday it would re-apply for a food retail license in India after reports said its earlier proposal was rejected by the government last week.
While still unconfirmed by Amazon (NASDAQ: AMZN), the rumor makes enough sense. The e-commerce giant is spending a fortune making deliveries to customers' homes. Taking the cost of a delivery driver out of the equation could certainly help save the company some money.
U.S. stock index futures slipped on Monday following a strong showing in May, as investors turned cautious after violent protests across the country over race as well as simmering tensions between Washington and Beijing.
(RTTNews) - Apple chief executive officer Tim Cook condemned the killing of an unarmed black man, George Floyd, and called for the creation of a "better, more just world for everyone," according to reports citing a memo to employees.
The novel coronavirus pandemic has led to a surge in internet traffic thanks to the shift toward telecommuting and online education, as well as a bump in video gaming and streaming video demand on account of shelter-in-place orders and lockdowns.
Despite the disruption from the pandemic, it was mostly business as usual for Okta (NASDAQ: OKTA) as the identity-and-access management company delivered another strong quarter.
It goes without saying that two of the very best companies in the world are Amazon.com (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google. In fact, Google and Amazon ranked Nos. 2 and 4, respectively, on this year's Forbes "most valuable bra
The rapid ascent of Shopify's (NYSE: SHOP) stock price has been remarkable. After a monster climb through 2019, the stock is close to doubling again year to date. Investors are more bullish on the company's prospects after it reported another quarter of 47% revenue growth as mor
Investors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of the sector's hardest-hit names.
It's a good thing Warren Buffett focuses on the long term instead of the short term. Because so far this year, his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) stock isn't performing very well. Shares of the conglomerate are down 18%, significantly below the year-to-date retu
Online sales have exploded during the coronavirus pandemic, as consumers try to stay home more. Online sales at Walmart, Target, and Best Buy in the first quarter increased by 74%, 141%, and 155%, respectively. Meanwhile, the 800-pound gorilla that is Amazon (NASDAQ: AMZN) conti
Amazon.com (NASDAQ: AMZN) stock, up 33.2% since the start of the year, has been one of the market winners in 2020. Investors flocked to buy the shares as consumers flocked to the retail giant to buy essentials during the coronavirus pandemic. When most of us think of Amazon and
HBO Max stumbled out of the gate on Wednesday, with large numbers of eligible users unable to access the service on their preferred platform and tepid new subscriber numbers compared to recent successful launches by rival services.