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6 Most Important Things in Business Today

Nordstrom Inc.’s (NYSE: JWN) board ended talks with its founding family, which wants to take it private. According to MarketWatch:

Nordstrom Inc. said late Tuesday the special committee of the board has terminated talks with several Nordstrom family members who wanted to acquire the company and take it private.

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Walmart's Next Move to Fight Against Amazon

FedEx Corp. (NYSE: FDX) and Walmart Inc. (NYSE: WMT) are bringing the fight to Amazon.com Inc. (NASDAQ: AMZN) with a newly expanded deal. FedEx now is planning to put 500 FedEx Office locations in select Walmart stores over the next two years. 332 more words


Amazon's Cross-Border Sellers Boosted Revenues 50% Last Year

International sales by marketplace sellers at Amazon.com Inc. (NASDAQ: AMZN) accounted for more than a quarter of their revenue last year, up by 50% year over year, according to an exclusive report at Reuters. 244 more words


Massive Cloud Growth Has Top Analyst Bullish on Large-Cap Tech

It’s been going on for some time, and many on Wall Street see it continuing. Technology has been the leading sector in the markets, and there is little reason to think that comes to an end anytime soon despite the Monday sell-off. 1,212 more words


Video Streaming Starts to Dominate Media

It was only a matter of time before the huge investments in streaming media made by Amazon.com Inc. (NASDAQ: AMZN), Netflix Inc. (NASDAQ: NFLX) and Apple Inc. 343 more words


The Toys 'R' Us Collapse Is Nearly Complete

The ongoing Toys “R” Us saga appears to be coming to a close. The toy superstore chain announced in U.S. Bankruptcy Court that it must liquidate, meaning that it is incredibly likely that it will be closing the doors for all of its stores and selling off the remainder of its merchandise. 379 more words


In Challenge to Amazon, Walmart Will Deliver Groceries in Over 100 Cities

Game on. Walmart Inc. (NYSE: WMT) will deliver groceries in 100 cites as a challenge to Amazon.com Inc. (NASDAQ: AMZN) and its Whole Foods operation. The decision will also create damaging competition to Kroger Co. 334 more words