That was fast! On Monday, Amazon Fresh began selling hundreds of new items from Whole Foods’ house brands, including fancier fare and bath products from Whole Foods Market, staples from 365 Everyday Value, and pet foods from Whole Paws. The influx of new products to Amazon’s e-grocery service spells competition for the fresh food and […]
Read moreWhile the fatal effects of Hurricane Harvey continue to dominate headlines, CNBC’s Jim Cramer pointed out that the storm’s financial impact was not top-of-mind for Wall Street traders. “If you want to talk about the themes that dominated today’s session before this North Korean missile, Harvey’s just not one of them,” the “Mad Money” host […]
Read moreWhile the fatal effects of Hurricane Harvey continue to dominate headlines, CNBC’s Jim Cramer pointed out that the storm’s financial impact was not top-of-mind for Wall Street traders. “If you want to talk about the themes that dominated today’s session before this North Korean missile, Harvey’s just not one of them,” the “Mad Money” host […]
Read moreThe U.S. Securities and Exchange Commission has issued a warning on Monday about potential internet coin offering (ICO) scams and “pump and dump” schemes by public companies. The warning is aimed at alerting investors about the risks of investing in public companies that promote ICOs and deliberately “pump” the prices of their offerings with “new […]
Read moreThis is an updated version of a story that originally ran on June 18. Uber board members and executives say the company is starting fresh — building Uber 2.0. On Sunday, Uber picked Expedia CEO Dara Khosrowhahi to take the helm, though a formal announcement has yet to be made. Travis Kalanick was forced to […]
Read moreWe still don’t know if Dara Khosrowshahi will accept the job of Uber’s boss — leading a company mired in human resources issues. If he does, the Iranian immigrant will walk into a company that’s much less diverse than his current one, Expedia. Expedia, which includes brands like Hotels.com, Orbitz, Trivago, Travelocity, Hotwire and CarRentals.com, […]
Read moreSaying “happy birthday” can be as simple as a few clicks. On Facebook, in fact, “more than 45 million people give birthday wishes” every day, according to the social media website. Now, you can add a dollar amount to those good wishes. A new feature announced Aug. 16 allows your Facebook connections to send you […]
Read moreExpedia confirmed reports on Monday that its CEO Dara Khosrowshahi had been offered the top job at Uber. But board member Barry Diller wrote in regulatory filings that while he’s likely to accept the role, the arrangement has not yet been finalized. Expedia filed the following memo with the Securities and Exchange Commission. To:All Expedia […]
Read moreIt’s a feat deserving of the ultimate bragging rights — to impress Elon Musk. A bunch of students from around the world did just that on Sunday with their engineering innovation for his ultra-high-speed travel Hyperloop initiative. The billionaire Tesla and SpaceX founder and CEO wants to make ultra-high speed travel possible via a Hyperloop, […]
Read moreFacebook CEO Mark Zuckerberg and his wife Priscilla Chan just had their second child, a daughter, named August. Zuckerberg posted a letter to his new daughte on Facebook. In it, he says “childhood is magical” and that August shouldn’t be “worrying too much about the future.” Zuck says he and his wife Priscilla Chan are […]
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