Amazon India posts nearly $1 billion loss

In comparison, Flipkart India, the marketplace unit of the country’s largest e-commerce marketplace, posted a 750% growth in losses to Rs 20.6 billion.Alnoor Peermohamed reports. Amazon Seller Services, the India marketplace arm of US online retail giant Amazon, recorded nearly $1 billion in losses for the year that ended March 2018 even as it saw significant revenue growth in the […]

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1 railroad worker dies, 2nd seriously hurt in Chicago blast

Authorities say one railroad worker has died and another is seriously hurt following what appears to be an accidental explosion near a Chicago station. The Cook County medical examiner's office says one of the men was pronounced dead early Saturday afternoon. Both were taken to a hospital shortly after the blast on the city's northwest side near the Grayland Station. […]

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The Latest: About 1,000 at Google San Francisco protest

This photo shows signage outside the offices of Google in San Francisco with the San Francisco-Oakland Bay Bridge in the background, Wednesday, Oct. 31, 2018. Hundreds of Google employees are expected to temporality leave their jobs Thursday morning in a mass walkout protesting the internet company’s lenient treatment of executives accused of sexual misconduct. The San Francisco office is one […]

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The Red Sea: Dow Loses Over 1,300 Points in 2 Days

This article was originally published on ETFTrends.com. Investors have been seeing nothing but a sea of red with the Dow Jones Industrial Average falling over 500 points on Thursday, amounting to total loss of over 1,300 points the last two trading sessions. Exxon, Chevron, Pfizer and Cisco were some of the top decliners in today’s sell-offs. The Nasdaq Composite finished […]

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Hundreds remain on strike at 10 downtown Chicago hotels

Hundreds of workers remain on strike at 10 downtown Chicago hotels, while workers have reached new contract deals at more than a dozen other hotels. The walkout began nearly a month ago. Members of hotel workers union Unite Here Local 1 rallied outside the Hyatt Regency Chicago on Monday, continuing to press their demand for year-round health insurance for employees […]

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