Amazon.com Inc is in talks to buy a 9.9% stake in the retail arm of Indian conglomerate Reliance Industries Ltd, ET Now reported on Thursday, citing sources.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett may be taking some heat for underperforming the benchmark S&P 500 over the last decade, but there are few, if any, investors who can match his performance over the past 55 years. Through the end of 2019, Berksh
The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant.
France's newly-appointed Environment Minister Barbara Pompili said on Thursday she would push to pause the development of warehouses used by online businesses such as Amazon, in a possible setback for the e-commerce giant.
Volkswagen AG, Europe’s largest automaker, is expanding its cloud-based software and data portal, aiming to develop it into an industry-wide marketplace where business customers can buy and sell industrial applications, the company said on Thursday.
India's Flipkart said on Thursday it had acquired parent Walmart Inc's local cash-and-carry business, as the e-commerce firm strengthens its wholesale offerings to compete better with Amazon.com Inc.
NEW YORK (Reuters Breakingviews) - Tesla investors have put the hopes for a world of electric vehicles almost exclusively on Elon Musk’s shoulders. His Palo Alto, California-based car company, which reported a $104 million second-quarter profit on Wednesday afternoon,
Wall Street ended higher on Wednesday after a see-saw session as investors digested mixed quarterly results and contentious stimulus negotiations in Washington.
Republicans on the U.S. House Judiciary Committee said Wednesday they want Twitter chief executive Jack Dorsey to appear at a hearing next week of major technology companies.
In today's episode of Industry Focus: Financials, Fool.com contributor Matt Frankel, CFP, interviews Harit Talwar, global head of consumer banking at Goldman Sachs (NYSE: GS). Talwar discusses how the COVID-19 pandemic has affected the bank's business and future growth plans, gi
Italy's antitrust authority said on Wednesday it had opened an investigation into whether Apple Inc and Amazon Inc had engaged in anti-competitive cooperation in the sale of Apple products and Beats headphones.
The coronavirus pandemic is causing havoc around the world, with cities, states, and countries implemented varying degrees of shutdowns and stay-at-home orders to slow the spread of the virus. Although the effects of these policies have been crippling to most businesses, some co
(RTTNews) - Employees at Amazon-owned Whole Foods filed a lawsuit against the grocery chain alleging punishment for wearing Black Lives Matter or BLM masks.
Long a leader in the gaming processor industry, Nvidia (NASDAQ: NVDA) has been increasingly under pressure from major competitors Intel (NASDAQ: INTC) and AMD (NASDAQ: AMD). Despite the fact that Nvidia still overwhelmingly dominates the discrete GPU sector, this increasing comp
Italy's antitrust authority said on Wednesday it had opened an investigation into whether Apple Inc and Amazon Inc had engaged in anti-competitive cooperation in the sale of Apple products and Beats headphones.