CBS News LuLaRoe accused of being a pyramid schemeCBS NewsLast Updated Oct 27, 2017 9:19 AM EDT. LuLaRoe, the multilevel marketer that has come under fire for its business practices and the quality of its colorful womens' leggings, now faces a federal lawsuit in California. The company is accused of being an …One Size Fits […]
New York Post CVS reportedly offers over $66B to acquire AetnaNew York PostU.S. pharmacy operator CVS Health Corp has made an offer to acquire No. 3 U.S. health insurer Aetna Inc for more than $200 per share, or over $66 billion, people familiar with the matter said on Thursday. A deal would merge one of […]
Fortune Subaru Is Reportedly Mulling a Recall After Allowing Uncertified Technicians to Inspect VehiclesFortuneSubaru Corp failed to follow proper inspection procedures for vehicles destined for the domestic market at a factory in Japan, two people with knowledge of the matter said on Friday. The revelation follows a similar issue at Nissan Motor (NSANY, +0.94 …Subaru […]
TheStreet.com Amazon's Overseas Momentum Has Reached a Tipping PointTheStreet.comWith Amazon Prime's help, the company's international sales growth rose sharply last quarter. U.S. growth wasn't bad either. ByEric Jhonsa. Oct 26, 2017 9:09 PM EDT. Read as Single Page. What had been the slowest-growing of Amazon.com Inc.'s (AMZN) …Amazon now employs a whopping 542000 people and plans […]
BBC News Amazon and Alphabet report sales surgeBBC NewsTech giants Amazon and Google's parent Alphabet have posted a surge in sales over the last three months. Shares in Alphabet jumped above $1,000 in after-hours trading after the company reported sales up 24% to $27.8bn. Amazon, the world's biggest …Cloud computing drives massive growth for big US […]
NPR Pharmaceutical Founder Arrested In Alleged Nationwide Opioid SchemeNPRBillionaire founder of Insys Therapeutics John Kapoor leaves U.S. District Court after being arrested earlier Thursday in Phoenix. Kapoor and other defendants in the fraud and racketeering case are accused of offering bribes to doctors to write large …Insys founder and Arizona billionaire John Kapoor arrested in […]
Bloomberg Intel's Lingering Reliance on PCs Keeps Sales Growth SubduedBloombergIntel Corp.'s push into new products is helping bolster sales and earnings in the second half of the year, even as the chipmaker's dependence on the lackluster personal-computer and server markets is keeping growth in check. Revenue and profit were …Intel (INTC) Q3 2017 Results – Earnings […]
Business Insider Google's parent company Alphabet beats on earnings, brings in $27.77 billion in Q3Business InsiderGoogle's parent company Alphabet topped Wall Street's Q3 financial targets, as its mobile search advertising business and YouTube video site pushed revenue up 24% from the year before. Shares of Alphabet were up as much 4% in after hours trading […]
CNNMoney Walmart is putting even more robots in its storesCNNMoneyFor the past three years, the company has been testing shelf-scanning robots in some stores in Arkansas, Pennsylvania and California. The machines, which move up and down aisles, look for out-of-stock items and products that are mislabeled or …Robots to help stock shelves at 50 Walmart […]
Seeking Alpha Tesla Must Raise PricesSeeking AlphaLowering prices when wait times already are long is not smart and does not serve the company's mission statement. Tesla must raise its prices in the shorter term. Tesla is making a strategic mistake, again! As a value analyst, I'm a big fan of bottom …Elon Musk camped out […]