May 03, 2018 08:24 PM EDT
Last year was a brutal one for brick-and-mortar retailers. Twenty-one major outlets filed for Chapter 11 bankruptcy protection, according to RetailDive. And the industry is on pace to hit that number again in 2018: Six retailers have filed bankruptcy through mid-April.
May 03, 2018 08:19 PM EDT
Payment-processing and financial technology company Square (NYSE:SQ) announced that it has agreed to buy Weebly, a website-building service, for $365 million in a cash and stock deal.
May 03, 2018 08:01 PM EDT
Roughly two-thirds (66%) of Americans dream of opening a small business, according to UPS Stores' Inside Small Business Survey.
May 03, 2018 04:28 PM EDT
Amazon.com (NASDAQ:AMZN)reported powerful first-quarter 2018 results after the market closed on Thursday. As it did last quarter, the e-commerce and cloud-computing giant crushed Wall Street's earnings expectation.
Apr 13, 2017 01:54 PM EDT
China's record oil imports in March helped it top the U.S. as the world's biggest buyer during the first quarter as stockpiling and aggressive buying by refiners coincided with slumping domestic production.
Apr 13, 2017 01:42 PM EDT
Over the course of the last decade, the so-called "gig economy" has rapidly expanded to become one of America's most crucial labor markets. Around one in three American workers are now freelancers, and more than one third of Millennials.
Apr 13, 2017 01:34 PM EDT
The kingdom's sale of Islamic bonds worth $9 billion comes less than six months after the world's biggest oil exporting country tapped global debt markets for the first time by selling $17.5 billion in conventional bonds.
Apr 13, 2017 01:30 PM EDT
European banks may have to plug a capital shortfall of 120 billion euros ($128 billion) if new regulations drawn up by regulators including the Basel Committee on Banking Supervision come into force as they stand, according to McKinsey & Co.