Amazon is primed for rapid growth

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Amazon is primed for rapid growth

The company accounts for nearly half of all online retail sales in the United States. It continues expanding its brick-and-mortar retail footprint through Whole Foods, Amazon bookstores and new checkout-free convenience locations.
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South Korean firm backtracks on $130 billion 'treasure ship' gold claims

SEOUL (Reuters) – A South Korean company that claimed to have found the wreck of a Russian warship holding $130 billion in gold said on Thursday it has not verified the existence of any gold, while a financial watchdog said it was probing possible …
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US stocks rally as Trump secures concessions to avert EU-US trade clash

U.S. stocks rallied to the close late in the session Wednesday, with Wall Street equity benchmarks jumping to new heights following the announcement of a pact to ease trade tensions between the U.S.
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Mattel is cutting more than 2200 jobs as revenue falls for fourth straight quarter

Mattel Inc. announced Wednesday that it is slashing more than 2,200 jobs, which the toymaker said represented 22% of its global non-manufacturing workforce.
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Necco wafer factory abruptly shuts down after company is sold to unknown buyer

Necco, the country's oldest continuously operating candy company, shut down operations at its Massachusetts plant Tuesday after being sold to a new company just months after it was purchased at a bankruptcy auction, according to a report.
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