Amazon, Berkshire Hathaway and JPMorgan Chase aren’t the first employers to join up and use their combined might to figure out how to crack down on health care costs. In 2013, seasoned health executive David Goldsmith was named executive director for an employer consortium called Dossia, which counted AT&T, Applied Materials, Intel, and Walmart among […]

Holiday sales this past year ballooned, but those riches didn’t extend to Toys R Us. The bankrupt toy store missed significantly on every number that mattered, sources say, likely forcing the retailer to renegotiate key lending terms. Sales were down more than hoped as was traffic and the amount of toys in stock it got […]

Apple is seeing red. The world’s largest company is seeing its worst month since September, and is one of only a handful of Dow Jones industrial average names trading in negative territory this year. But, its disappointments could be coming to an end, says Stacey Gilbert, head of derivative strategy at Susquehanna Capital Group. The […]

MobileIron, a provider of mobile security for businesses, jumped as much as 14 percent on Tuesday after announcing a partnership with Google that will allow companies to securely purchase and manage enterprise apps for employees. The stock climbed as high as $4.60 and was trading up 5.2 percent to $4.26 as of Tuesday afternoon. Google […]

Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.” That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like […]

Amazon has made a lot of seemingly unrelated moves in health care over the last year. It put together a team to figure out how to bring down the cost of pharmaceuticals for its own employees. It has 40 to 50 people to figure out how to disrupt the entire drug supply chain. It hired […]

Warren Buffett has admitted missing out on Amazon as an investment and underestimating CEO Jeff Bezos. Now he’s getting another shot. Amazon said on Tuesday that it’s partnering with Buffett’s Berkshire Hathaway and J.P. Morgan Chase in an ambitious effort to cut health-care costs and improve services for U.S. employees. Analysts at Barclays expect it […]

“I ran around my house with joy, and danced with our twin babies to celebrate (we do a lot of dancing together) the impact that I know that donation will have in the world,” says Adam Braun, in a blog post published Tuesday about the moment a $999,999.99 donation from an anonymous bitcoin millionaire hit […]

Amazon‘s connected home devices could be key to the company’s new initiative aimed at lowering U.S. health care costs by improving preventative care, tech investor Roger McNamee said Tuesday. “With Amazon you have a lot of technology that people have around the home that if properly applied can help them be well every day so […]

A new startup that proposes a different spin on autonomous transportation came out of stealth today. The company, called Nuro, was founded by two former lead Google engineers who worked on the famed self-driving car project. Unlike the plethora of self-driving startups out there, Nuro isn’t focused on reconfiguring robot taxis or autonomous trucks, but […]