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Best Buy Thought It Could Escape Amazon but Couldn't

It has been a day since Best Buy Co. Inc. (NYSE: BBY) posted moderately poor results. They raised the specter of Amazon.com Inc.’s (NASDAQ: AMZN) relentless cannibalization of Best Buy, which some thought was slowing. 339 more words


5 Most Important Things in Business Today

Amazon.com Inc. (NASDAQ: AMZN) Alexa devices pick up private conversations, raising privacy concerns. According to The Wall Street Journal:

Amazon.com Inc. said that one of its Echo home speakers mistakenly recorded a private conversation and sent it to a person in the owners’ contact list, an incident that raises questions about the security of such voice-operated devices.

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6 Most Important Things in Business Today

Tesla Inc. (NASDAQ: TSLA) dropped the prices of its cars sold in China after the nation cut some auto import tariffs. According to Reuters:

Tesla Inc has slashed up to $14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles, a potential sales boost for the U.S.

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The 18 best perks you get with an Amazon Prime membership (AMZN)

Amazon As a member of Amazon Prime, you get a convenient and well-publicized perk: free two-day shipping on almost any item on Amazon. But the $99-per-year membership actually gets you a lot more than expedited shipping. 24 more words

Amazon Offers More Price Cuts at Whole Foods

When Amazon.com Inc. (NASDAQ: AMZN) bought Whole Foods, other grocery companies worried that America’s largest e-commerce company would use its delivery systems to make groceries more readily available, particularly for home delivery. 380 more words


6 Most Important Things in Business Today

Amazon.com Inc. (NASDAQ: AMZN) Prime members will get special deals from its Whole Foods business. According to Reuters:

Amazon.com Inc and Whole Foods Market are making a surgical strike in the already brutal grocery price war.

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As Apple Heads to $1 Trillion Market Cap, Big New Changes Coming

Apple Inc. (NASDAQ: AAPL) is on the verge of being the first $1 trillion market capitalization company, which is stunning when you consider that at the turn of the century the stock was trading at $1.25, and some thought the company would head into bankruptcy. 551 more words