MondayDecember 16, 2019
Amazon is delivering half its own packages, as it becomes serious rival to Fedex and UPS
Amazon has been steadily growing its logistics operation over the last decade, and it now delivers more than half of…
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FridayDecember 13, 2019
Jeff Bezos named businessperson of the decade
Almost a third of chief financial officers (CFOs) quizzed in CNBC’s latest Global CFO Council survey picked out Bezos as…
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ThursdayDecember 12, 2019
Apple’s newest Mac Pro costs $52,599 which is 56% higher than the typical U.S. income
To put that in perspective, a decked-out Mac Pro costs about 56% above the median annual U.S. income. The Apple…
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TuesdayDecember 10, 2019
Morgan Stanley is cutting about 1,500 jobs
Morgan Stanley is cutting approximately 1,500 jobs because of concerns about economic uncertainty around the world, a person familiar with…
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MondayDecember 9, 2019
Uber is set to lose $1 billion in market value after it reported 6,000 sexual assault cases
Uber is set to lose just over $1 billion from its market cap after the ride-sharing company said that roughly…
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FridayDecember 6, 2019
Dollar General is opening 1,000 stores next year
Dollar General stock has rallied more than 50% over the last two years. By contrast, Dollar General is entering new…
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Saudi Aramco’s IPO will reportedly value the oil giant at $1.7 trillion, making it the biggest in history
That would make it the largest on record, beating out Alibaba’s $25 billion IPO in 2014. Saudi Aramco is expected…
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ThursdayDecember 5, 2019
Peloton’s market value dropped $942 million in one day after backlash on controversial ad
Shares of Peloton, the buzzy bike startup, fell more than 9% on Tuesday as backlash to a new holiday ad…
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TuesdayDecember 3, 2019
Cyber Monday Totalled 9.2 Billion in Sales with 3 Billion Spent on Smartphones
There has so far been just over $72 billion spent online since the beginning of November. The $3 billion of products purchased via…
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MondayDecember 2, 2019
Millions of Text Messages Exposed in Security Lapse
A massive database storing tens of millions of SMS text messages, most of which were sent by businesses to potential…
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