Amazon to Close Stores and Close All of its Retail Operations in 2018

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 […]

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Google’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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