Amazon Wants to Turn JCPenney and Sears Stores into Fulfillment Centers
Business

Amazon Wants to Turn JCPenney and Sears Stores into Fulfillment Centers

With the advent of online shopping along with retail stores filling for bankrupcy, Amazon seeks to turn unused department stores into fulfillment centers.
Amazon Stock Can Jump Nearly 16% in 2020 as Coronavirus Pandemic Boosts Demand
Business

Amazon Stock Can Jump Nearly 16% in 2020 as Coronavirus Pandemic Boosts Demand

According to analysts, Amazon is expected to continue with its top-line acceleration in the near future and finish 2020 strong, way over expectations.
Amazon is Selling Masks and Hand Sanitizers to Health Workers for No Profit
Business

Amazon is Selling Masks and Hand Sanitizers to Health Workers for No Profit

The company announced that it’s halting the sale of N95 masks to the general public and will instead reserve its stocks for health care workers only
How Amazon Tracks and Fires Workers Based on ‘Productivity’
Business

How Amazon Tracks and Fires Workers Based on ‘Productivity’

A lot of critics have argued that the working conditions in Amazon’s centers are tough, and it’s not hard to see why.
Uber to Buy Its Rival Careem This Week for $3.1 Billion
Business

Uber to Buy Its Rival Careem This Week for $3.1 Billion

The American ride-hailing company will pay $1.4 billion in cash for the Dubai-based company and $1.7 billion in convertible notes, and Careem shareholders will have until Monday to agree with the terms.
Major Retailer Shopko to Close All Its Stores in 2019
Business

Major Retailer Shopko to Close All Its Stores in 2019

Physical retailers have been going bankrupt at an alarming rate, and now it was time for Shopko. The rural retailer was in huge debt and it will shut down its operations by June.

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