Malls are being hollowed out. Shops are closing by the thousands. Retailers are going bankrupt. But it may be too early to declare the death of retail. Americans have started shopping more — in stores. From the garden section at Walmart to the diamond counters at Tiffany & Company, old-school retailers are experiencing some of…
“Venom,” a character from the comic-book world of “Spider-Man,” topped the box office for a second weekend, breathing life into Sony Pictures’ superhero movie plans. The surprise hit, which overcame poor reviews, collected $35.7 million in theaters in the U.S and Canada, ComScore Inc. estimated in an email Sunday. It beat three new movies, including…
The gloves are off, and Facebook's current and former executives are now engaged in an open war of words. The Facebook executive David Marcus published a lengthy blog post on Wednesday attacking his former colleague Brian Acton, calling him "a whole new standard of low-class" and accusing him of working to slow down certain business…
THE CAREER OF China’s biggest property tycoon can be divided into two stages. Xu Jiayin started slowly, focusing on Guangzhou, a southern city. Then came the global financial crisis and the government’s response, a giant economic stimulus, launched a decade ago this month. For Mr Xu it was a signal to become far bolder. His…
Enlarge / Vaping with a satisfying release? The US Food and Drug Administration made clear on Thursday, October 11, that it has a major bone to pick with an electronic-cigarette vendor that illegally pumped prescription erectile dysfunction drugs into unapproved e-liquid products intended for vaping. The cocky company, HelloCig Electronic Technology Co. Ltd, even advertised…
• 2018’s Most Powerful. Fortune launched our 21st annual Most Powerful Women in Business list this morning. The 2018 ranking includes seven newbies; two execs who previously dropped off the list—only to return in grand fashion this year; public company CEOs who collectively control nearly $1 trillion in market cap; and, oh yes, Oprah! But the…
The interior of a Boeing 777F is probably the most unusual place I've seen a new concept car revealed. The light show was rather good. BMW The Vision iNext concept is a small crossover, which should have more mass appeal than the i3 and i8. BMW It's an attractive thing, but some of the more…
The KY-O1L from the front. The KY-O1L from the back. The KY-O1L from two angles. The KY-O1L next to a credit card, for size comparison. The KY-O1L in a user's hand. A marketing image of the KY-O1L in a purse. A marketing image of the KY-O1L next to a MacBook. With Apple and most Android…
NEW YORK (Reuters) - U.S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year’s expected drop in profit growth may be sharper than feared. FILE PHOTO - A sign for the Wall Street subway station is seen in the financial district in New York City, U.S., August 23,…
Customers walk into an Apple Store after Apple's new iPhone XS and XS Max went on sale in Beijing, China September 21, 2018. REUTERS/Jason Lee (Reuters) - Apple Inc (AAPL.O) on Tuesday is expected to unveil updates to its Mac computers and iPads that include facial recognition features that have been available in the iPhone…
