MUMBAI (Reuters Breakingviews) - It all comes back to one person. Mukesh Ambani, India’s richest man, is emerging as a modern John D. Rockefeller. The American industrialist amassed huge wealth and power through the rail-and-energy cartel he built in the 19th century.
Devotees of Amazon's (NASDAQ: AMZN) Audible service will soon have a nearly half-priced budget option for their listening pleasure. Amazon announced Monday that it is previewing a new tier of the service called Audible Plus, which for $7.95 per month provides access to more than
According to a source who spoke to the New York Post today, Amazon (NASDAQ: AMZN) has decided to implement the same cashier-free system at its Whole Foods stores as it recently introduced at Amazon Go locations. The cashier-less checkout will appear at the company's natural and
The long-tenured Amazon (NASDAQ: AMZN) executive often pegged as a potential replacement for CEO Jeff Bezos is stepping down. The company reported in an SEC filing submitted on Friday that Jeffrey Wilke, chief of its worldwide consumer unit, will retire in the first quarter of t
Investors in Amazon.com Inc (Symbol: AMZN) saw new options begin trading today, for the August 2021 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 361 days until expiration the newly trading contracts r
The S&P 500 and the Nasdaq scaled new heights on Monday, boosted by technology mega-caps and U.S. approval for the emergency use of blood plasma in treating COVID-19 patients.
Facebook's French subsidiary has agreed to pay more than 100 million euros ($118 million) in back taxes, including a penalty, after a ten-year audit of its accounts by French tax authorities, the company said on Monday.
If you pay attention to any financial news at all, you've probably seen all the discussion lately about both Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) planning stock splits in the near future. Apple is splitting its stock 4-for-1, while Tesla is doing a 5-for-1 split.
Last week, a California appeals court ruled Amazon (NASDAQ: AMZN) can be held liable for damage or harm done by defective products sold through its website, even if that product is sold by a third-party seller.
Kids are going back to school across the country, and it's obviously really different this time. Parents and students will still be spending money ahead of the new school year, but that money won't be going to the traditional back-to-school winners.
Every investor dreams of finding a groundbreaking stock, riding it to untold riches, and retiring to an island getaway. The problem is that it isn't as easy as it sounds. A multitude of investors have already owned a game-changing stock at some point in their lifetime, only to g
As Foolish investors, we're always looking for companies with competitive advantages, or "economic moats." A favorite characteristic of Warren Buffett, an economic moat is a structural advantage that makes it extremely difficult for competitors to steal away business, giving wid
Many of the most popular stocks on the Robinhood trading platform are indisputably risky. Beleaguered airlines and cruise lines. Speculative biotechs. Shaky energy companies. They're not the kinds of stocks you can buy and rest easy.
Though it can be hard to look past the unprecedented disruption brought on by the coronavirus disease 2019 (COVID-19) pandemic, Americans across the country are just 72 days away from heading to their local voting booths or mailing in their ballots for Election Day. As we learne
It was a pretty big deal when Amazon.com (NASDAQ: AMZN) brought its Prime Video app to Apple (NASDAQ: AAPL) platforms back in 2017. Up to that point, the two tech behemoths had been locked in a standoff, as Amazon had refused to sell the Apple TV set-top box because Apple has st
We're in a weird spot. The economy is coming out of one of the biggest hits to growth in history, but the stock market has already rebounded to record highs. In a rather tumultuous time, it's a tough call on whether it's worth investing more money in the market. Here are a few w
Once again, we have a week of earnings reports filled with retail names. And it's a week in which we see the earnings damage that the pandemic had on brick-and-mortar. Three big names to watch this week are Best Buy (NYSE: BBY), Dick's Sporting Goods (NYSE: DKS), and Dollar Gene
JPMorgan Chase (NYSE: JPM) is apparently going digital across the pond. Citing "technology industry sources," a report from the U.K.'s Sky News says that the big American lender intends to open an online-only bank in that country in the first quarter of 2021. They added that the
In this episode of Industry Focus: Wildcard, Nick Sciple chats with Motley Fool analyst Ben Ra and Rui Ma, co-host of the TechBuzz China podcast to talk about Chinese technology companies coming out of the sector today. They discuss a slew of top Chinese tech companies, IP and p