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Amazon just might be retail’s new secret weapon

For years now, it’s been a common view in the retail world that a win for Amazon.com Inc. is a loss for some old-school retailers. But these days, that’s not necessarily the case. Traditional brick-and mortar chains are starting to strike some innovative partnerships with their arch-competitor, turning to unconventional arrangements in the hopes of getting more shoppers back into ...

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There’s a better answer than electric cars

Erich Sixt, chairman and chief executive officer of the Pullach, Germany-based global car rental company that bears his family’s name, recently described electric cars as a “costly political error” given their still inferior range, long charging times and the huge investment necessary to expand the charging infrastructure. It may have been a self-serving statement, but he may also well be ...

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US stocks open higher as intense week kicks off

Bloomberg US equities opened tentatively higher and European stocks rose as investors eased into a hectic week, during which three major central banks set interest rates, President Donald Trump meets North Korea’s leader and Brexit returns to the fore. The S&P 500 Index gained a bit at the start of trading, led by financials, while the dollar rose with Treasury ...

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