US Adds 247,000 Jobs in the Private Sector
Money

US Adds 247,000 Jobs in the Private Sector

The new jobs are significantly lower compared to the numbers added in March when nearly 500,000 new private-sector jobs were added.
Recently Leaked Amazon Documents Prove They Copied Products from Competitors
Business

Recently Leaked Amazon Documents Prove They Copied Products from Competitors

There have always been accusations from third-party sellers on Amazon that the e-commerce giant has worked hard to undercut them, but the company has pushed back against this accusation.
The Pandemic is Affecting Global Supply Lines and the Costs of Shipping
Money

The Pandemic is Affecting Global Supply Lines and the Costs of Shipping

Since last year, the cost of shipping from China has increased by 80% due to pandemic-related lockdowns. At a time when consumers are much more likely to spend, supplies are not meeting demands.
Biggest US Retailers Make Their Black Friday Plans Public
Money

Biggest US Retailers Make Their Black Friday Plans Public

With in-store sales expected to drop 35% as a result of the pandemic, major retailers are prolonging the sale to last a few more days and investing heavily in online offers.
Hong Kong Could Enter Recession After Protests Plummet Retail and Scare Tourists
Politics

Hong Kong Could Enter Recession After Protests Plummet Retail and Scare Tourists

Experts warn that the autonomous territory is headed for a recession after weeks of protests destroyed the retail sector and disrupted the booming tourism industry.
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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