Key Words: Jeff Bezos named his role models, and Jamie Dimon is one of them

Key Words: Jeff Bezos named his role models, and Jamie Dimon is one of them

As the head of a vast business empire and the richest person on earth, Amazon Chief Executive Jeff Bezos may well come to mind as an obvious idol for many budding entrepreneurs. But who are the people he seeks to emulate? Bezos was asked that question at a panel held last month at Southern Methodist → Read More

Key Words: Why the end is coming soon for the biggest tech bubble we’ve ever seen

Key Words: Why the end is coming soon for the biggest tech bubble we’ve ever seen

‘Expect to see more dead unicorns.’ No, not the “My Little Pony” kind of unicorn. Keith Wright, a professor at the Villanova School of Business, is referring to unicorns as defined by venture capitalist Aileen Lee back in 2013: Privately-held startups valued at $1 billion or more. According to Wright, the tech bubble is more → Read More

Kohl’s partnership with Amazon is attracting this key demographic

Kohl’s partnership with Amazon is attracting this key demographic

Kohl’s Corp. partnership with Amazon.com Inc. may still be in the pilot stage, but analysts think it’s already giving business a boost, attracting millennial shoppers that may not otherwise have been interested. Kohl’s KSS, -7.00% announced in September 2017 that it would partner with Amazon AMZN, -0.05%  for returns at select stores. Executives offered little → Read More

BJ’s Wholesale IPO: 5 things to know about the Costco competitor

BJ’s Wholesale IPO: 5 things to know about the Costco competitor

The grocery and retail sector is a crowded one with large warehouse outfits like BJ’s Wholesale Club, which filed for an initial public offering on the New York Stock Exchange last week, occupying a section with strong business attributes. BJ’s Wholesale, which will trade under the ticker symbol “BJ,” is a membership-based shopping warehouse chain → Read More

The Tell: Oil shock: Here’s what $100 crude would do to the economy

The Tell: Oil shock: Here’s what $100 crude would do to the economy

The global oil benchmark flirted with the $80-a-barrel level again on Tuesday, underlining concerns that an unexpectedly strong crude rally could eventually begin to weigh on economic growth. The combination of renewed U.S. sanctions on Iran, potential sanctions on Venezuela, a rising geopolitical risk premium, strong demand and other factors have made talk of $100 → Read More

Households lose out on hundreds or thousands of dollars due to slow pay gains

Households lose out on hundreds or thousands of dollars due to slow pay gains

Bloomberg News/Landov Americans can’t believe how slowly their pay is going up. American workers still aren’t cashing in despite a 3.9% unemployment rate and the tightest U.S. labor market in at least 18 years. If wages grew as fast now as they did in the past when unemployment was this low, they’d be rising 3.5% → Read More

Share buyback boom remains in overdrive after tax revamp

Share buyback boom remains in overdrive after tax revamp

The stock buyback boom continued apace in the first-quarter earnings season that is now drawing to a close, with U.S. companies announcing $6.1 billion of buybacks a day, according to Trim Tabs Investment Research. That’s second only to the roughly $6.6 billion-a-day announced with fourth-quarter earnings, and is a strong indicator of exactly what companies → Read More

This gently used royal wedding gift bag has received an eBay bid of $27,400

This gently used royal wedding gift bag has received an eBay bid of $27,400

This is one party favor you might actually be glad to take home — and then sell on eBay. The “Official Royal Wedding Gift Bag,” bestowed upon members of the public who watched the union of Britain’s Prince Harry and Meghan Markle, has received bids on eBay of up to 20,400 British pounds (just over → Read More

Deep Dive: Want to make money off the ‘Fortnite’ video game? Buy this stock

Deep Dive: Want to make money off the ‘Fortnite’ video game? Buy this stock

Even if you’re not interested in video games, you might want to know how to make money off “Fortnite,” one of the fastest-growing games of all time. “Fortnite” is made by Cary, N.C.-based Epic Games, which isn’t publicly traded. But Tencent Holdings 0700, -0.73% TCEHY, -0.46% TCTZF, -0.05%  of Shenzhen, China, has a 40% stake → Read More

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