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Major Drug Retailers Lose Over USD 12.8 Billion in Value

Major Drug Retailers Lose Over USD 12.8 Billion in Value

Shares of CVS (NYSE: CVS), Walgreens (NYSE: WBA) and Rite-Aid (NYSE: RAD) lost USD 12.8 Billion in value after Amazon.com, Inc. (NASDAQ: AMZN) announced that it had signed an agreement to buy the online pharmacy, PillPack, on Thursday.PillPack organ..

Wall Street Analyst says buy Amazon Despite Trump's Attacks

Wall Street Analyst says buy Amazon Despite Trump's Attacks

U.S. President Donald Trump continued his frenzy of attacks against Amazon.com Inc. (NASDAQ: AMZN) on Tuesday, tweeting that Amazon is costing the United States Post Office massive amounts of money. Trump’s tweets caused Amazon shares to slide..

Walmart to launch Meal Kit Business

Walmart to launch Meal Kit Business

Walmart Inc. (NYSE: WMT) on Monday announced to roll out its meal kits service to more than 2,000 stores this year.The company said the meal will serve two people and range in price from $8 to $15. The new service is now available in more than 250 s..

Healthcare Disrupted by Amazon

Healthcare Disrupted by Amazon

Amazon.com, Inc. (NASDAQ: AMZN) has shifted its gaze to disrupt the healthcare sector. This comes after a month when the online behemoth announced that it is searching for methods to solve the specter of rapidly increasing healthcare expenses for it..

Amazon Takes First Steps Towards Brick-and-Mortar Retailers

Amazon Takes First Steps Towards Brick-and-Mortar Retailers

Amazon.com, Inc. (NASDAQ: AMZN) introduced on Tuesday their new push towards brick-and-mortar retailers. Instant Pickup, a free service offering Prime and Prime Student members a curated selection of daily essentials available for pickup in two minu..

NetEase Reported Second-Quarter Earnings, Beating Expectations

NetEase Reported Second-Quarter Earnings, Beating Expectations

This week, NetEase, Inc. (NASDAQ: NTES), a leading internet and online game services providers in China, announced its financial results for the second quarter, with both earnings and revenue beating estimates. Shares of the company decreased around..

Amazon’s New Refund Policy Will Hurt Sellers

Amazon’s New Refund Policy Will Hurt Sellers

Amazon.com, Inc.(NASDAQ: AMZN) sellers are not happy after the company released an email that they would have to follow the same rules as Amazon’s return policy.Amazon’s email read: “Amazon is simplifying the returns process on ite..