Amazon is ending retail operations in at least 10 countries in 2018.The retailer said Thursday it will be closing more than 2,000 locations, as part of a restructuring plan that it says will result in a $1.6 billion net loss.Amazon will begin selling fewer items in 2018 and begin to shut down retail operations for a second year in a […]
Categories: InformationGoogle’s stock rises as search engine gains in US market
Reuters Google Inc’s stock surged more than 20% on Thursday after the search giant said it expects to sell its $1.8 billion acquisition of Motorola Mobility Inc for about $1 billion in cash.The company also said it would buy about $8 billion in shares of its other U.S. wireless carrier, Sprint Nextel, for about a $600 million price tag.The news […]
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