Amazon Taking Over the World

100 Million for Amazon Prime

More than 100 million people globally are now paying for Amazon Prime, a sign of how Amazon.com Inc. has used the service to evolve from an online marketplace that struggled with profitability into an e-commerce powerhouse. Amazon, which has never disclosed the number of Prime members before, revealed the figure Wednesday in Chief Executive Jeff Bezos’s closely followed annual letter to shareholders...

By | April, 19, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Danielle DiMartino Booth

...It would appear that the word is out that the CRB Commodity Index has soared to the highest since October 2015 though it’s doubtful most thieves have Bloomberg terminals within reach. Nonetheless, the shocking story reminisced of the heady days of the last housing boom when vacated houses would be harvested for scrap metal of any kind...

Big Changes at Volkswagen

Volkswagen Ousts CEO

Volkswagen AG’s board ousted Chief Executive Matthias Müller and replaced him with Herbert Diess, who quietly orchestrated a boardroom coup while he was rebuilding the company’s namesake brand. The move comes nearly three years after Volkswagen admitted to rigging 11 million diesel-powered vehicles to cheat on emissions tests...

Danielle DiMartino Booth

Inflation is up, and the yield curve is flattening? What gives? In bond market nomenclature, much of which is indecipherable by the design of craft fixed income traders, what we are witnessing today is a bull flattening. Long maturity Treasury yields are falling at a faster pace than short rate Treasury yields are decreasing...

Toys ‘R’ Us in Demand

Toys ‘R’ Us Receives Multiple Bids

Toys ‘R’ Us Inc.’s U.S. business is in the midst of a wind-down, but its Asian business may have hope for survival. The toy retailer has received multiple bids of more than $1 billion for a majority stake in its Asian business, the company’s bankruptcy attorney said in court on Wednesday...

By | April, 12, 2018|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Bayer And Monsanto Have a Deal

Justice Department to Allow Monsanto Acquisition

The Justice Department has decided to allow Bayer AG’s megadeal to acquire Monsanto Co., valued at more than $60 billion, after the companies pledged to sell off additional assets to secure government antitrust approval...