Daily Archives: June 15, 2019

Amazon’s online market share may be smaller than previously thought

Amazon’s dominance of the U.S. e-commerce landscape may not be as significant as previous estimates suggested, according to a top research firm. Continue Reading Below The Seattle-based retail giant is projected to generate about 38 percent of all U.S. retail e-commerce sales in 2019, according to second-quarter estimates by eMarketer. That figure marks a significant downgrade […]

View Article

PetSmart’s Chewy shares soar during its market debut

PetSmart’s online retailer Chewy's shares opened at an impressive $36 Friday in its public debut after the company priced its initial public offering (IPO) at $22 a share. Continue Reading Below Shares of the online supplies retailer, which is trading under the ticker symbol "CHWY," skyrocketed nearly 63 percent Friday. The market value of the company was $14.35 […]

View Article

Mattel launches ‘Hot Wheels id,’ merging smart tech with classic toy

Mattel is bringing a new digital aspect to the classic Hot Wheels toy. Continue Reading Below The company launched Hot Wheels id on Friday, which offers kids “a Mixed Play experience” through updated cars, a Smart Track and Race Portal, as well as an app, according to a news release. The addition of wireless technology allows the […]

View Article

Don’t run out of money in retirement: 4 tips to protect savings

While Americans are struggling to save, they are also living longer lives, which can put a big strain on retirement savings. Continue Reading Below On average, about half of Americans are on track to experience a potential shortfall covering essential expenses in retirement, according to Fidelity Investments. MORE FROM FOXBUSINESS.COM… SOCIAL SECURITY CAN BOOST YOUR RETIREMENT […]

View Article

T-Mobile, Sprint CEOs lead negotiations as DOJ nears a decision

At the 11th hour of merger talks, T-Mobile US, Inc., CEO John Legere and Sprint, Corp. Executive Chairman CEO Marcelo Claure have taken the lead in negotiating with the Department of Justice as a decision looms on the $26 billion deal, according to sources familiar with the matter. Continue Reading Below Ticker Security Last Change […]

View Article

Oil steadies, but still set for weekly loss on demand fears

Oil prices steadied on Friday but remained on track for a weekly loss on fears that trade disputes will dent global oil demand, though attacks on two oil tankers in the Gulf of Oman this week gave prices a floor. Continue Reading Below Brent crude futures were up 9 cents at $61.40 a barrel by 1139 GMT, having gained 2.2 […]

View Article