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Seattle is Now a Bike-Sharing Industry Leader

Seattle is Now a Bike-Sharing Industry Leader

Seattle, Washington has long been known for its cloudy days and great coffee. However, the city has another new distinction – bike-sharing hotspot. Less than five months ago, the city shut down its struggling bike-sharing system,... 
Analysts Say Victoria’s Secret Is Not Aware of Shoppers’ Wants

Analysts Say Victoria’s Secret Is Not Aware of Shoppers’ Wants

Victoria’s Secret is moving ahead with its plan to introduce more of its padded bras during the 2017 second six months. Parent company L Brands Inc. said Victoria’s Secret was maintaining its plan to push its constructed bras in... 
Walmart Same Store Sales Up, Purchases Online Increase 60%

Walmart Same Store Sales Up, Purchases Online Increase 60%

Walmart reported on Thursday sales and earnings for its second quarter that beat Wall Street expectations, with the big-box retailer continuing to grow its business online. Fresh new digital initiatives along with an increase in the... 
Dick’s Sporting Goods Stock Hit by Poor Sports and Gun Sales

Dick’s Sporting Goods Stock Hit by Poor Sports and Gun Sales

During trading on Tuesday afternoon, Dick’s Sporting Goods shares plunged after the sporting goods retailer came up short of expectations and cut its forecast for earnings. The price of Dick’s shares plunged 18% after gains during... 
Fosun and Shanghai Pharmaceuticals Bid for Arbor Stake

Fosun and Shanghai Pharmaceuticals Bid for Arbor Stake

Shanghai Pharmaceuticals Holding Company and a unit of Fosun Group in China are amongst the bidders to acquire a stake in Arbor Pharmaceuticals LLC a U.S. based specialty drug maker, the companies announced on Monday. The bids have... 
Modest Increase in Consumer Prices Might Delay Rate Hike

Modest Increase in Consumer Prices Might Delay Rate Hike

Consumer prices in the U.S. rose in July just slightly as the cost of food increased but was offset somewhat by dropping prices of a host of other goods, but suggesting the existence of benign inflation that might persuade the U.S.... 
Amazon May Begin Selling Tickets to Events

Amazon May Begin Selling Tickets to Events

Amazon might start selling event tickets, says a new report by an international news agency. The giant in e-commerce has studied the ticket sales space, which for the most part is dominated in the United States by Ticketmaster owned... 
Sales at Macy’s Drop for the Tenth Consecutive Quarter

Sales at Macy’s Drop for the Tenth Consecutive Quarter

On Thursday, iconic department store chain Macy’s announced that is comparable sales had dropped by 2.8% during its second quarter. That marked the tenth straight three-month period of declines for the department store retailer. However,... 
Self-Driving Cars Race Narrowing Due to Doubts Over Profit

Self-Driving Cars Race Narrowing Due to Doubts Over Profit

Daimler and BMW, the world’s two top makers of luxury vehicles, have announced strategic alliances with their suppliers, touting the advantages of having a larger pool of engineers to continue development of an autonomous vehicle. However,... 
Eric Bolling Suspended by Fox News After Alleged Lewd Messages

Eric Bolling Suspended by Fox News After Alleged Lewd Messages

Eric Bolling, a longtime Fox News host was suspended by the network over the weekend pending their investigation into reports that he allegedly sent lewd photographs to three women colleagues using text messages. Fox News found out... 
Dunkin’ Donuts Considering Rebranding to Dunkin’

Dunkin’ Donuts Considering Rebranding to Dunkin’

Popular donut and coffee house Dunkin’ Donuts will unveil a new store in August that will be called Dunkin’. Later in 2017 a few other stores called just Dunkin’ will open. The owner of Dunkin’ Donuts, Dunkin’ Brands said... 
Yelp Shares Soar on Unexpected Profit and Eat24 Sale

Yelp Shares Soar on Unexpected Profit and Eat24 Sale

Shares of Yelp rallied by up to 20% in trading afterhours on Thursday following the announcement it was selling one of its companies to GrubHub and would buy back shares worth $200 million. Yelp will sell its Eat24 business, an online... 
Hollywood Spending by Amazon Surges

Hollywood Spending by Amazon Surges

Amazon.com is ramping up its dollars it is spending on the creating as well as licensing of films and television shows, signaling that the e-commerce giant is planning to stay in show business long term. The issue was at the forefront... 
Apple Asks India Government for Tax Breaks for its Suppliers

Apple Asks India Government for Tax Breaks for its Suppliers

Apple Inc. has asked the government of India to give tax breaks to the iPhone maker’s suppliers if the south Asia country wants to become one of the manufacturing hubs for the iPhone and its many components. Officials in India say...