FedEx to deliver 7 days a week to satisfy online shoppers

Business 05/30/19, 11:49

FedEx plans to deliver packages seven days a week starting next January as it tries to keep up with the continuing boom in online shopping.The company is also taking back nearly 2 million daily deliveries to homes that are currently handled by the post office.FedEx says shifting SmartPost packages back ...

Amazon’s profit more than doubles on cloud computing growth

Business 04/25/19, 15:37

Amazon's push into advertising and cloud computing is paying off, helping the online shopping giant's first quarter profit more than double from a year ago.The Seattle-based company on Thursday reported net income of $3.56 billion, or $7.09 per share, for the first three months of the year.That beat expectations of ...

How to get the most out of online reviews

Business 04/18/19, 09:24

In the world of online shopping , often buyers will purchase an item only after they see that other people also like it. And the easiest way to find out consumer sentiment? You guessed it: reviews.Many online purchases are based on careful consideration of star ratings and product reviews left ...

Shop online? Ways to reduce damage to the environment

Business 04/17/19, 09:04

Toothpaste delivered in two days is convenient, but not so great for the environment. After you click buy, online orders leave warehouses to be loaded on gas-guzzling jets or trucks. And returns are a problem, too, since the items have to make the trip back to a warehouse.Outside of ditching ...

Amazon’s Jeff Bezos and wife MacKenzie finalize divorce

Business 04/04/19, 13:08

Amazon says founder and CEO Jeff Bezos has finalized his divorce with wife MacKenzie, giving her a separate stake in the online shopping giant.MacKenzie Bezos will get 4% of Amazon when the divorce is approved, which is expected to happen in about 90 days. Before the separation, Jeff Bezos had ...

Amazon has another ‘Prime’ holiday: Profit tops $3 billion

Business 01/31/19, 19:25

Amazon had another strong holiday season: Its quarterly profit topped $3 billion for the first time as revenue grew across many of its businesses, including online shopping, advertising and cloud computing.The company, however, issued an estimate for the current quarter's revenue that was below what Wall Street analysts expected, sending ...

As online shopping surges, so too does Cyber Monday’s riches

Business 11/26/18, 15:22

Like Black Friday, Cyber Monday is spreading out into a week-long shopping fest, with Amazon, Walmart and Target calling it "Cyber Week."Still, Monday is expected to be the biggest online shopping day in U.S. history, according to Adobe Analytics, which tracks online sales at 80 of the top 100 retail ...

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