Month: April 2019

Amazon launched a new Middle East marketplace on Tuesday, two years after buying the Dubai-based e-commerce company Souq.com for $580 million. With the launch, Amazon said Souq.com will effectively shut down. The Souq.com URL now automatically takes you to Amazon.ae. “We are proud to announce that we are now Amazon.ae,” Amazon wrote in a letter
0 Comments
Barry Sternlicht Cameron Costa | CNBC Questions raised by progressives in the 2020 presidential race about whether capitalism still works for America reflect mistaken beliefs about how prosperity is created, global investor Barry Sternlicht told CNBC on Tuesday. “The left does not understand that companies need to make money in order to invest in new
0 Comments
President Donald Trump gestures as he addresses the 148th National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, April 26, 2019. Lucas Jackson | Reuters U.S. President Donald Trump, three of his children and the Trump Organization sued Deutsche Bank and Capital One, in a bid to block the two from responding to congressional subpoenas,
0 Comments
More and more Democratic presidential hopefuls are adopting a single-payer health care stance, which could be devastating for any player in the health insurance business, CNBC’s Jim Cramer said Monday. Following the lead of Bernie Sanders, the independent Vermont senator who is one of the biggest mouthpieces advocating for “Medicare for All,” about eight candidates
0 Comments