Amazon’s AMZN, +1.52% $3.9 billion acquisition of One Medical ONEM, +69.45% is the e-commerce giant’s biggest bet on healthcare to date, and it hints at a future in which primary care and streaming op...
Tag: Amazon.com Inc
Amazon is starting to deliver packages with Rivian electric vans
Amazon said Thursday it will begin to start using electric vans developed in partnership with Rivian to make deliveries. Amazon Amazon is beginning to roll out some of the electric delivery vans that ...
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Wednesday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. What Netflix earnings me...
3 reasons why executives are leaving retailers from GameStop to Gap
Shoppers explore a mostly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of departures from retailers’ C-suites to stop anytime soon. Already this yea...
Peloton competitor Tonal cuts 35% of jobs ahead of possible recession, IPO
Tonal in-home fitness. Source: Tonal Tonal, the connected fitness equipment maker that counts tennis superstar Serena Williams and Amazon‘s Alexa fund as backers, is cutting 35% of its workforce...
Canoo Walmart deal for 4,500 vans sends EV stock jumping
Walmart to Purchase 4,500 Canoo Electric Delivery Vehicles to be Used for Last Mile Deliveries in Support of Its Growing eCommerce Business Courtesy: Canoo | Walmart Electric vehicle startup Canoo sai...
GameStop launches NFT marketplace as it hunts for growth online
NurPhoto | NurPhoto | Getty Images GameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, in a bid to reinvent its business and cash in on consu...
Rivian planning layoffs that could target about 5% of staff, report says
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle startup Rivian Automo...
Why deal experts say you might want to skip it
Prime Day prices may not be Amazon’s best-ever offer Just because something is discounted on Prime Day doesn’t mean it’s the best deal you’ll see anywhere, or even all year. Na...
NFL will select new Sunday Ticket partner by fall, Commissioner Roger Goodell says
NFL Commissioner Roger Goodell during the NFL Football match between the Miami Dolphins and Indianapolis Colts on October 3rd, 2021 at Hard Rock Stadium in Miami, FL. Andrew Bershaw | Icon Sportswire ...
GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan
GameStop has fired its Chief Financial Officer, Mike Recupero, and is making staff cuts across departments as part of an aggressive turnaround plan, the videogame retailer announced Thursday. Recupero...
Walmart won’t hold rival event to Amazon Prime Day
Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Walmart ...
Hulu faces existential crisis as Disney decides how to move forward
Signage is seen at the 2019 Deadline Contenders Hulu Reception at Paramount Theater on the Paramount Studios lot on April 07, 2019 in Hollywood, California. Rachel Murray | Getty Images Disney has a H...
Uber, DoorDash, Coinbase and more
Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.3% and DoorDash fell 7.4% on news that...
S&P 500, Nasdaq book 3rd day of gains after Fed minutes point to another big rate increase this month to tackle inflation
U.S. stocks end higher Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big interest rate-hike is likely later this month despite the risk of slowing economic grow...
Uber, DoorDash, Spirit, Altria and more
Check out the companies making headlines before the bell: Uber (UBER), DoorDash (DASH) – Uber fell 3.1% in the premarket while DoorDash tumbled 7.5%, following the news that Amazon (AMZN) struck a dea...
Walmart to respond to Roe v Wade abortion decision, CEO says
Walmart CEO Doug McMillon speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC Walmart CEO Doug McMillon told employees on Friday that the company is weighing how to r...
Kohl’s real estate sale on the table after deal talks fall apart
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not be selling its business after all. But it’s now ...
Walgreens (WBA) Q3 2022 earnings
Walgreens Boots Alliance on Thursday said its quarterly sales declined and profits got hit by waning Covid-19 vaccination demand, heavy investments in its health-care business and an opioid settlement...
Starz could turn into ‘acquisition machine’ after spinoff from Lionsgate
Liberty Media’s John Malone Michael Kovac | Getty Images Written in the Starz? Lionsgate is planning a spinoff of Starz, home of “Outlander” and “Power,” by early next ye...
AWS CEO says the move to cloud computing is only just getting started
Cloud computing is in its beginning stages and will only continue to grow, Amazon Web Services CEO Adam Selipsky told CNBC’s Jim Cramer on Tuesday. “It’s possible that AWS could beco...
CVS to remove purchase limit on Plan B pills, says sales have ‘returned to normal’
Plan B One-step birth control in CVS Pharmacy, Boston, MA. Ucg | Universal Images Group | Getty Images CVS is removing the purchase limit it had put on emergency contraceptive pills following last wee...
Target will cover employees’ travel to other states for abortions
A person walks into a Target store in Washington, DC, on May 18, 2022. Stefani Reynolds | AFP | Getty Images Target will cover employees’ travel if they live in a state where abortion is banned,...
3 trends to watch as retailers prep for back-to-school, holiday shopping
Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021. Christopher Occhicone | Bloomberg | Getty Images Summer vacation season is just getting started, but retailers a...
Companies forced to weigh in on privacy, health care
Pro-choice activists are seen outside of the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginnin...
Intel wins latest race in chip uses for the cloud, says KeyBanc Capital Markets
Chip giant Intel Corp. is leading growth in cloud technology, according to new research from KeyBanc Capital Markets. Intel Corp. INTC, +3.21% is the winner in KeyBanc’s latest monthly data tracking s...
Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers
DK Metcalf, of the Seattle Seahawks, during a Meet & Greet with DIRECTV NFL SUNDAY TICKET subscribers at the DIRECTV NFL SUNDAY TICKET Lounge on Saturday Feb. 1, 2020, in Miami, FL. Peter Barreras...
These 10 stocks in the S&P 500 lost $4.2 trillion of investors’ money during the first half of 2022
The first half of 2022 is over, and good riddance for investors: The S&P 500 Index declined 20.6%. Below are two lists of the worst-performing stocks in the S&P 500 SPX, -0.88% this year. Firs...