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Indian govt delivers Amazon, Flipkart a rude shock with new e-comm rule
India was perceived as a fertile ground for e-commerce growth by both Amazon (AMZN) and Walmart-owned local rival...
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Rite Aid stock plunges to 9-year low
Rite Aid (RAD) stock plunged to 9-year lowest of $0.61 on Thursday. Investors remained concerned on the future...
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Drop in US jobless claims reflect strength in labor market
The number of people applying for unemployment benefits in the US dropped close to the lowest level in...
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Energous bounces back from 52-week low after getting FCC approval
After hitting a 52-week low ($4.41) on Wednesday, shares of wireless charging company Energous Corp (Nasdaq: WATT) recovered...
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Apple will rise on the wings of services: Analyst
Apple (AAPL) may have had a difficult year but that’s temporary, feels long-time analyst Gene Munster. Munster on...
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Report says 2018 US holiday season was best in six years
The US retail industry recorded its strongest holiday shopping season in six years, according to a report by...
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Tesla gains after bullish outlook by Wedbush analyst
Tesla Inc. (TSLA) received a bullish projection from Wedbush Securities analyst Daniel Ives who said in a note...
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Amazon sells more items than ever before this holiday season
Amazon (AMZN) on Wednesday said it had a record-breaking holiday season, with the number of orders hitting a...
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Huawei and Apple take hits amid US-China trade spat
The trade tensions between the US and China are affecting technology companies on both sides. Huawei has had...
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Thailand legalizes medical use of cannabis, opens up a new region for pot stocks
After Uruguay and Canada, Thailand has now amended its drug law to legalize marijuana for medical purposes. However,...
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Bed Bath and Beyond stock sinks to 5-year low
Bed Bath and Beyond (BBBY) stock plunged to a new five-year low of $10.46 on Monday as investors...
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A tough task awaits Campbell Soup’s new CEO Mark Clouse
There is a pressing need for the food industry to innovate and adapt to the changing customer tastes....