Business

Business

Amazon Acquires Whole Foods Market for $13.7 Billion

Amazon rocked businesses around the world on Friday when the company announced plans to buy Whole Foods Markets and enter the grocery retail business....

Snap Stock Price Hits New Low – Shares Drop to $17

Share prices of Snapchat’s parent company Snap continue to fall as the company’s IPO price for the first time since the company made its...

Nike to Cut Over 1000 Jobs As The Company Restructures for...

Nike announced that the company plans to cut approximately 1,400 jobs as part of a plan to revamp their e-commerce and retail sector. On Thursday,...

Uber CEO Takes Time Off Following Corporate Investigation

Since the #DeleteUber campaign went viral, the company’s CEO Travis Kalanick has been in the middle of a controversy with the enterprise and not...

‘Pokemon Go’ Study Finds Only The Mobile App Only Provided Short...

Pokemon Go is an innovative take on a pop cultural hit animation series and mobile gaming applications. It provides challenges and motivates gamers to get...

Ann Taylor, Lane Bryant, and Loft Parent Company to Close Between...

Ascena Retail Group, which owns several major retail stores including Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Maurice and Catherine stores, plans to...

Michael Kors to Close 100 to 125 Stores

While Bitcoin's valuation is surging and the tobacco business is thriving, retail giants are struggling to compete in this new era of business. Retailers are facing...

Facebook’s Sheryl Sandberg Posts Heartfelt Mother’s Day Message

Facebook's chief operating officer Sheryl Sandberg posted a Mother's Day Facebook post on Sunday calling for federal and corporate policies to change and benefit...

A Bitcoin is Now Worth Nearly $2,000

The digital currency, Bitcoin, has a 94% year-to-date gain and is now worth nearly $2000 with estimates giving a single bitcoin the valuation of $1843....

Elon Musk Unveils the Machine that Will Tunnel Under Los Angeles

Elon Musk revealed on Friday via social media that his tunneling company has started construction on a passage underneath Los Angeles, California. Via Instagram...

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