Category : Markets

Amazon is rolling out 30-minute delivery across dozens of U.S. cities, marking its fastest shipping option yet as the retail giant continues to accelerate its push into ultra-fast fulfillment. The new service, called Amazon Now, will deliver thousands of items — including groceries, household essentials and electronics — to customers’......

Passengers aboard Disney Cruise Line’s Disney Adventure say their four-night Singapore sailing was canceled after boarding due to technical issues, leaving families waiting hours for answers before being sent to hotels late at night. Guests had already embarked on the May 7 voyage when the ship’s captain reportedly told them......

Discount retailer Burlington is planning to open more than two dozen stores in 20 states this month as the company continues to expand its footprint with over 1,000 locations around the country. The company in March said that it planned to open 110 net new stores, plus a new distribution......

Discount retailer Burlington is planning to open more than two dozen stores in 20 states this month as the company continues to expand its footprint with over 1,000 locations around the country. The company in March said that it planned to open 110 net new stores, plus a new distribution......

U.S. financial regulators are proposing to switch required filings for publicly traded companies from quarterly reporting to semiannual. The Securities and Exchange Commission on Tuesday released its amended proposal for optional semiannual reporting for companies on Wall Street. SEC officials say the change in frequency of reporting won’t impact the......

A lawyer for Spirit Airlines said Tuesday that the surge in jet fuel prices left the company with “no remaining way out” of bankruptcy and caused it to cease operations last weekend, while it seeks permission to sell assets on an ongoing basis and pay bonuses to remaining employees. Marshall......

Budget airlines are seeking help from the federal government amid the surge in jet fuel prices that prompted Spirit Airlines to cease operations after its bankruptcy exit plan faltered and a possible federal aid package failed to materialize. Spirit on Saturday announced “with great disappointment” that it started an orderly......

President Donald Trump said on Friday that the U.S. gave Spirit Airlines a final bailout proposal to aid the beleaguered carrier. Trump said, “we’re driving a tough deal,” and that “if we could do it, we’d do it. But only if it’s a good deal. He also said an announcement......

Fidelity and Vanguard’s charitable arms have reportedly paused grants to the Southern Poverty Law Center (SPLC) through their donor-advised funds after the group was indicted on federal charges. The Justice Department last week charged the civil rights nonprofit with financial crimes, including wire fraud and money laundering.  In the wake......

Apple CEO Tim Cook says he is stepping down after 15 years as chief executive because three key factors aligned: Apple’s current performance, its product roadmap and the readiness of his successor, John Ternus. Cook said the timing came down to a clear internal assessment of the company’s position and......