China secretly inserted surveillance microchips in a clandestine military operation that targeted major technology companies including Apple and Amazon and the Department of Defense, Navy warships, and the CIA.
The race is on to become the world’s first trillion-dollar company, with all eyes fixed on tech giants such as Apple, Amazon, Facebook and Alphabet, the parent company of Google.
CVS buys Aetna as Amazon eyes the market. Aetna Inc. Chief Executive Mark T. Bertolini is set to pocket roughly half a billion dollars from the merger.
While the current administration seems unlikely to invest in any jobs programs – especially ones that primarily benefit the working poor – they would create long term benefits by having these workers successfully transition to the new retail economy.
As with other online retailers, the standard way of paying for items on Amazon is via credit or debit card number, that most of us have saved. But Amazon thinks it can do better. The global e-commerce leader recently announced the launch of its new Amazon Cash service, which will allow you to add cash to your Amazon account balance.
J.C. Penney announced that it will close 130 to 140 stores. That represents about 13% to 14% of their total stores. It is a big step for a company that had to pledge inventories to secure a loan a couple of years ago.
It is vital to close unproductive stores, and essential for this company to regain sales and earnings momentum. The recent satisfactory earnings results must have convinced management that it was the right time, financially and strategically, to close some stores.