EU After Amazon

September, 20, 2018|

EU to Investigate Amazon

European Union antitrust authorities have begun a preliminary investigation into Inc.’s treatment of other merchants that sell products using its platform, opening a new regulatory front against an American tech giant...

Justice Department Looks Under the Hood

September, 19, 2018|

In Musk We Trust?

Tesla Inc. on Tuesday said the Justice Department has opened an investigation into the company following Chief Executive Elon Musk’s surprise tweet in August that he had secured funding to possibly take the electric-car maker private...

Say Goodbye to Sears

September, 14, 2018|

Sears in Trouble

Sears Holdings on Thursday reported the smallest decline in quarterly same-store sales in more than three years, but its losses widened, as the embattled department store chain continues to trim its fleet of stores...

Alibaba Moving to Russia

September, 12, 2018|

Alibaba Teams Up with Russia

Chinese e-commerce giant Alibaba Group Holding Ltd. agreed to take a 10% stake in one of Russia’s biggest tech players—a commercial tie-up that comes as both countries move to strengthen geopolitical bonds. The stake in Mail.Ru Group Ltd., one of Russia’s earliest and most prominent internet firms, would be worth about $484 million...

Snapped: Strategy Chief Stepping Down

September, 11, 2018|

Snap’s Strategy Chief to Leave Company

Imran Khan, Snap’s chief strategy officer and one of the few executives remaining at the struggling company since its 2017 public offering, is stepping down. On Monday, the company said in a regulatory filing that Mr. Khan would remain at the company until his replacement was hired. Afterward, he is expected to set up a firm that will both help and invest in technology start-ups

Ford Recall

September, 10, 2018|

Ford Recalls Two Million Trucks

Ford has recalled about 2 million F-150 pickup trucks in North America because a seat belt mechanism has started fires. The company said it was aware of 17 reports in the United States where smoke or fires broke out, and another six cases in Canada...

American Express Playing With FX

September, 6, 2018|

FBI Investigating AmEx

The Federal Bureau of Investigation has launched a probe into pricing practices within American Express Co.’s foreign-exchange unit. The investigation is in its early stages and is focused on whether the foreign-exchange international payments department misrepresented pricing to clients in order to win their business...

Just Do It…Mistake?

September, 5, 2018|

Nike Teams Up With Kaepernick

Nike Inc. ventured into charged political territory when it put National Football League quarterback-turned activist Colin Kaepernick at the center of its latest advertising campaign, risking backlash to align itself with a cause that has resonated with young consumers...