Ebay sues Amazon, claims it tried to poach its sellers
Ebay filed a lawsuit against Amazon Wednesday, saying the online retail giant used eBay’s messaging system to steal its sellers.
In the lawsuit, eBay said Amazon representatives signed...
Carl Icahn has taken a stake in Dollar Tree
Carl Icahn is looking for deals at dollar stores again.The billionaire investor is building a significant stake in Dollar Tree, the nation’s biggest dollar-store chain, sources told...
Climate change expected to double the cost of beer
Add beer to chocolate, coffee and wine as some of life’s little pleasures that global warming will make scarcer and costlier, scientists say.
Increasing bouts of extreme heat...
Sears is going bankrupt
The day has finally come: Sears is going bankrupt. The once-dominant retail icon — whose Sears and Kmart chains have shrunk drastically and grown dilapidated after more...
Venture capital investors pour $3B into NYC tech startups
Venture capitalists are flocking to the Big Apple, and they are bringing big cash with them.“Total venture capital investment in New York City during Q2 2018 rose...
Citigroup profit jumps thanks to bond trading growth
Citigroup reported a better-than-expected quarterly profit on Friday, helped by higher bond trading revenue and strength in its consumer banking business in Mexico.The Wall Street bank’s shares...
PayPal cash withdraws are coming to Walmart stores
It’s the first time PayPal users will be able to take cash from their account in-store.PayPal users will soon be able to withdraw and deposit money directly...
Dow plunges more than 800 points as tech stocks take beating
Wall Street got walloped Wednesday as the Dow Jones industrial average suffered its worst day since February. The blue-chip index plunged more than 830 points — or...
Snapchat shares tank 6 percent after ‘woeful’ analyst comment
Snap shares tumbled more than 6 percent to an all-time low Tuesday after a Wall Street analyst said the Snapchat parent was in danger of running out...
UK official cautions Comcast about Sky’s independence
A top UK official is warning US media giant Comcast, the new owner of British satellite TV operator Sky News, to mind the independence gap.
The no-nonsense message...