How the job of Amazon delivery has changed with Rivian’s electric vans and routing software
Now that Rivian vans are delivering in 100 U.S. cities, Amazon drivers say a lot has changed with their experience on the roads. [...]
Jim Cramer’s Investing Club meeting Friday: Overbought market, Wells Fargo, Estee Lauder
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Activist investor Nelson Peltz’s Trian won’t pursue Wendy’s takeover
Nelson Peltz isn't interested in acquiring Wendy's but said in a statement he is confident in the company's ability to drive shareholder value. [...]
South Koreans are the world’s biggest spenders on luxury goods
Morgan Stanley says South Koreans spend more on luxury goods per capita than even American or Chinese nationals. [...]
Nike CEO touts strength in Gen Z China shopper as Covid disruptions dent regional sales
Nike's CEO John Donahoe said the company is "really focused" on Gen Z consumers in China and aims to see inventory levels normalized by the end of the [...]
Rent the Runway to sell secondhand luxury on Amazon as it chases profitability
Rent the Runway began selling its secondhand luxury clothes Thursday on Amazon as the subscription-based startup continues to chase profitability. [...]
Iconic Kobe Bryant jersey up for auction, expected to fetch up to $7 million
A jersey that Kobe Bryant wore for 25 games during his MVP season is being sold at auction by Sotheby's. [...]
Walmart strikes a deal with Salesforce to sell more of its tech to other retailers
Walmart has used its reach and e-commerce growth to make money in new ways. [...]
China’s reopening set to boost Hong Kong’s property market as retail leads the recovery: Colliers
In light of China's reopening and easing of Covid rules, Hong Kong's property market will be on a path to recovery in 2023, according to Colliers Hong [...]
Starbucks CEO Howard Schultz tells corporate workers to return to the office 3 days a week
Starbucks corporate employees will be returning to the office at least three days by the end of the month. [...]