As Whole Foods opens its 13th Connecticut store in Cheshire, parent company Amazon is scaling back its other grocery formats, highlighting a strategic shift in its brick-and-mortar food retail ambitions.
New state filings reveal Amazon is cutting close to 800 corporate positions across its San Francisco and Silicon Valley offices this spring, part of a broader nationwide downsizing effort.
Banco Santander's acquisition of Webster Financial, valued at $12.3 billion, is set to create a top-10 U.S. retail and commercial bank by assets and significantly bolster its deposit base in the key Northeast market, marking the largest bank deal of the year.
New research uncovers how Amazon's opaque pricing algorithms lead public institutions to overpay for basic supplies, while diverting funds from local businesses.
A disappointing earnings report from industry bellwether Gartner triggered a sharp selloff across the IT services and consulting sector on Thursday, dragging down shares of major players and fueling concerns over a broader growth slowdown.
QuinStreet (QNST) shares tumbled nearly 8% in morning trading, caught in a broader sell-off triggered by Gartner's disappointing Q4 results. The advisory giant's revenue decline has intensified market concerns over a potential slowdown in IT services and consulting, with uncertainty around AI's disruptive impact adding to the pressure.
Shares of major IT services and consulting firms, including Accenture, IBM, and Equifax, fell sharply Thursday after a disappointing earnings report from industry bellwether Gartner reignited fears of a sector-wide slowdown and structural challenges posed by AI.
Disappointing Q4 results from industry bellwether Gartner triggered a broad market selloff in the IT services and consulting sector, with shares of EXL and TransUnion among the notable decliners as investors reassess growth prospects.
The historic Swiss watchmaker Longines has opened a dedicated boutique on Amazon Luxury, marking its first direct-to-consumer partnership with the e-commerce giant and significantly expanding its digital retail footprint in the U.S. market.
Amazon's high-end shopping portal presses forward, signaling its strategic independence after Saks Global moves to exit their curation deal as part of its Chapter 11 restructuring.
Amazon has filed official notice of plans to cut 2,200 corporate roles in Seattle, continuing a trend that is visibly reshaping its historic headquarters footprint. The move comes despite strong recent financial performance and bullish analyst ratings, highlighting the company's intensified focus on cost efficiency and automation.
First Business Financial Services (NASDAQ: FBIZ) announces a dividend increase to $0.34 per share, raising its annual yield to 2.3%. While below the industry average, the bank's strong earnings growth and low payout ratio suggest a sustainable and growing income stream for investors.
Amazon has shattered its own delivery speed records, completing over 13 billion same- or next-day deliveries globally in 2025, intensifying the logistics arms race with Walmart and reshaping consumer expectations for instant fulfillment.
PayPal is expanding beyond online checkouts, launching text-to-pay via Authvia and integrating with tax and gift card services, as it seeks to embed itself deeper into everyday finance despite a prolonged share price decline.
Provident Financial Services reported robust fourth-quarter results, driven by significant organic loan growth and expanding deposits. CEO Anthony Labozzetta pointed to strong commercial lending and improved fee income, while asset quality metrics showed continued strength.
While PACCAR's Q4 truck sales dipped year-over-year, the company surpassed revenue forecasts. Record performances from its parts and financial services divisions helped offset a softer freight market, with management pointing to emissions policies and new tariffs as ongoing challenges.
Title insurance leader Stewart Information Services (NYSE: STC) will release its fourth-quarter financial results Wednesday afternoon, with analysts projecting continued revenue growth despite recent sector headwinds.
Shares of IT staffing and services provider ASGN Incorporated are trading at what some analysts call deeply discounted multiples, sparking a debate on whether the market is overlooking its resilient cash flow and diversified operations.
A federal jury has found Brendan Banfield guilty on multiple counts, including aggravated murder, for the 2023 killings of his wife and a stranger—a crime prosecutors tied to a fabricated BDSM website profile and an affair with the family's au pair.
Liberty Global, Europe's cable and mobile giant, has signed a five-year strategic partnership with Google Cloud to integrate Gemini AI and cloud tools across its operations, aiming to enhance TV platforms, automate services, and explore new revenue streams.
