Business news

What Kroger, Walmart, and Target learned from China’s Alibaba about the future of groceries

Now, after 140 years in business, Cincinnati-based Kroger has speeded up its push into digital retail during the pandemic, and the grocery store chain isn’t looking back. Kroger has adopted an omnichannel strategy, integrating out-of-store or in-store sales with online ordering and logistics. The concept originated in China in 2016 when the founder of e-commerce …

What Kroger, Walmart, and Target learned from China’s Alibaba about the future of groceries Read More »

The dangers and promises of quantum computing are approaching. Here are ways to invest

The stark warning came from one of the tech world’s most prominent CEOs. Alphabet CEO Sundar Pichai told an audience at the World Economic Forum in Davos, Switzerland, three years ago that quantum computing has the potential to change humanity’s understanding of the natural world, enabling scientists to create new drugs and better batteries, among …

The dangers and promises of quantum computing are approaching. Here are ways to invest Read More »

Ether has fallen nearly 20% since the merger. Here’s what happens

It’s been just over a week since Ethereum completed its major technology transition to Proof of Stake – an event hailed as one of the greatest technological breakthroughs in crypto history and celebrated by the crypto community all week long – and yet the price of ether continues to drop. The cryptocurrency has lost 19.3% …

Ether has fallen nearly 20% since the merger. Here’s what happens Read More »

Here’s our plan for Monday after another painful week to own stock

Stocks took a hit this week as the Federal Reserve raised interest rates by another 75 basis points, the third consecutive increase of that size. It wasn’t price action – which the market had expected – but Fed Chairman Jerome Powell’s hawkish comments on Wednesday that hurt stocks. It is now targeting a 4.4% rate …

Here’s our plan for Monday after another painful week to own stock Read More »

Convertibles head into the sunset as automakers invest in electric vehicles

2024 Ford Mustang Source: Ford Convertibles — once a sign of freedom for the outdoors, road trips and summer adventures — are fading out as the auto industry shifts to all-electric cars and powerful SUVs. Sales of traditional drop-top cars like the Chevrolet Camaro and Ford Mustang, as well as roadsters like the Mazda Miata, …

Convertibles head into the sunset as automakers invest in electric vehicles Read More »

Amazon loses effort to exclude Gacy and Bezos from testimony in FTC Prime investigation

Amazon founder Jeff Bezos arrives to meet British Prime Minister Boris Johnson at the British diplomatic headquarters on September 20, 2021 in New York City. Michael M. Santiago | Getty Images News | Getty Images The Federal Trade Commission late Wednesday rejected Amazon’s attempt to exclude CEO Andy Gacy and founder Jeff Bezos from testifying …

Amazon loses effort to exclude Gacy and Bezos from testimony in FTC Prime investigation Read More »

Google CEO Pichai tells employees not to “equal fun with money” in a heated all-hands meeting

Alphabet CEO Sundar Pichai points during a session at the annual meeting of the World Economic Forum (WEF) in Davos, on January 22, 2020. Fabrice Cofferini | AFP | Getty Images As Google tries to navigate an unfamiliar environment of slowing growth, cutting costs and employee dissent over cultural changes, CEO Sundar Pichai finds himself …

Google CEO Pichai tells employees not to “equal fun with money” in a heated all-hands meeting Read More »

‘Avatar’ returns to theaters as Disney tries to rattle fans with its long-awaited sequel

symbol picture Source: Walt Disney Studios Na’vi returns to the big screen this weekend as Disney looks to reignite interest in the newly acquired Avatar franchise, three months before the debut of the long-delayed first installment, “Avatar: The Way of Water.” Bringing the highest-grossing movie ever to theaters has two purposes for Disney: to stir …

‘Avatar’ returns to theaters as Disney tries to rattle fans with its long-awaited sequel Read More »

Is it time to buy Treasurys? Here’s how to customize your wallet, according to the professionals

The final threat to stocks now isn’t any macro risk — it’s rising two-year Treasury yields, according to some fund managers and strategists. Treasury bonds and relatively risk-free short-term funds are back in the spotlight as the two-year Treasury yield continues to rise. On Wednesday it reached 4.1% – the highest level since 2007. As …

Is it time to buy Treasurys? Here’s how to customize your wallet, according to the professionals Read More »

The CEO says Patagonia’s bold move to donate the entire company to fight climate change only works if it remains competitive in the business.

A Patagonia store sign is seen on Green Street on September 14, 2022 in New York City. Yvon Chouinard, founder of Patagonia, his wife and two adult children have announced that they will be giving up ownership of their nearly $3 billion company. The company’s private equity will now be owned by a climate-focused trust …

The CEO says Patagonia’s bold move to donate the entire company to fight climate change only works if it remains competitive in the business. Read More »