30% increase in fulfillment spending at Amazon

The e-retailer heads into the holiday shopping season behind a 30% increase in fulfillment spending and a widening net loss. North American sales increased 25% in the third quarter.   Amazon.com Inc., No. 1 in the Internet Retailer Top 500 Guide, today posted a third quarter revenue gain of 20.4%. The e-retailer’s net loss widened […]


Web sales dipped for PetMed Express Inc.

Web sales accounted for 80% of the retailer’s sales but decreased 3.6% from the second quarter of fiscal 2014. Web sales dipped for PetMed Express Inc. in the second quarter of fiscal 2015 compared to the same quarter last year, though e-commerce accounted for a higher percentage of the company’s declining sales. PetMed Express sells prescription and non-prescription pet […]


Nokia is finally looking in better shape for investors

Nokia is upbeat about its networking business after reporting strong profit growth in its third quarter, driven by major LTE network deployments in the US and China. Nokia is finally looking in better shape for investors, with the company reporting a non-IFRS operating profit of €457m in its third quarter, up 33 percent year on […]


U.S. securities regulators adopted a rule designed to avert another financial crisis

U.S. securities regulators adopted a rule on Wednesday designed to avert another financial crisis, but two officials dissented, saying it did not do enough to discourage banks from lending to borrowers with shaky credit and then passing the mortgage risk to investors. The Securities and Exchange Commission approved the so-called “risk retention” rule by a […]


shifting mentality about bonuses at the bank:

Top Goldman Sachs Group Inc (GS.N) executives are determined to keep compensation costs under control. And that means even when the bank’s revenue spikes higher, bankers’ bonuses won’t. On Thursday, Goldman reported a 25 percent increase in quarterly revenue, but the money it set aside for compensation and benefits rose only 18 percent from the […]


Professor Ballmer shows up on Tuesday and Thursday mornings

The truth is that Ballmer is a thoughtful man who operates not in one mode but four or five modes. Most of us oscillate among different flavors of our personalities, depending on the situation. Ballmer, I think, has more extreme shifts. There’s the bombastic guy everyone knows: He’s the Ballmer now running the Los Angeles […]


Tesla store on Tmall.com opens today

The Tesla store on Tmall.com opens today, offering a Model S for nearly $170,000.   Oct. 20 (Bloomberg) — Tesla Motors Inc. began taking online orders for its Model S electric car in China today, joining General Motors Co. and Volkswagen AG in selling vehicles through Alibaba Group Holding Ltd.’s online shopping mall. Buyers can place a […]


Venture capitalist Marc Andreessen said he was quitting EBay Inc’s

Venture capitalist Marc Andreessen said he was quitting EBay Inc’s (EBAY.O) board following the online retailer’s decision last month to spin off its electronic payment unit, PayPal. The Silicon Valley pioneer has been involved in a public war of words with activist investor Carl Icahn, one of eBay’s largest shareholders, who convinced the company to […]


Cross border shopping or online?

Online shopping at CanAmShop Looking at the average Canadian going to the U.S. to shop is what we look at here at CanAmShop online shopping.  We have lots of quality products 16,500 and you don’t have to drive to the United States to get it.  However all your purchases will be shipped from Seattle Washington […]