WASHINGTON – Merchant groups are forming a national coalition to campaign for stricter antitrust laws, including measures that could force Amazon.com Inc. to spin off some of its business lines. The effort …
Read More »Tech companies that won the pandemic are acquiring MBAs
Tech companies whose businesses have exploded during the pandemic, like Amazon. com Inc. and Zoom Video Communications Inc. are attracting more MBA talent entering the workforce, helping to offset setbacks in industries …
Read More »ThredUp Shares Jump 30% On Market Debut
Shares in ThredUp Inc. opened 30% above the trading price on its market debut on Friday, an early sign that investors continue to be bullish on online second-hand retail. Shares of the …
Read More »H&M criticized in China for position of forced labor in Xinjiang
HONG KONG – The world’s largest clothing brand, H&M by Hennes & Mauritz AB, is under attack in China, one of its largest markets, for its stance on forced labor in the …
Read More »Amazon faces mounting pressure from workers in shadow of Alabama’s union vote
Amazon. Warehouse workers at com Inc. in Alabama are voting to unionize this month. Whatever the outcome, the e-commerce giant faces pressure from staff around the world to make changes to their …
Read More »Olo, Jowell Global and Sun Country Airlines began operating on Wednesday
Text size Sun Country Airlines raised $ 218 million after selling 9.1 million shares at $ 24 each. Daniel Slim / AFP via Getty Images Three companies: Olo, Jowell Global, Y Sun …
Read More »Pinduoduo founder Colin Huang leaves the company
SINGAPORE: Chinese e-commerce company Pinduoduo Inc.’s PDD -10.31% Founder and chairman Colin Huang resigned from the company on Wednesday, even as the five-year-old company overtook Alibaba Group Holding. Limited. SLIME 2.08% to …
Read More »Fintech Stripe hits the box office at a $ 95 billion valuation
A new round of fundraising for Stripe Inc. has made the fintech company one of the most valuable startups in the world. Stripe said on Sunday it raised $ 600 million from …
Read More »Marco Rubio backs Amazon’s union push and cites the company’s ‘culture wars’
Workers at Amazon warehouses in Alabama got a surprise ally in US Senator Marco Rubio, and the Conservative lawmaker revealed Friday that he supports their efforts to unionize. The Republican senator from …
Read More »Coupang is the Amazon.com of South Korea, but maybe even better.
A Coupang employee unloads an eco-friendly bag carrying fresh food from a delivery truck in Bucheon, South Korea. The e-commerce company has launched its initial public offering. SeongJoon Cho / Bloomberg Text …
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