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Amazon targets Etsy with last-minute delivery of craft gifts

Bloomberg Amazon.com Inc. will offer last-minute delivery of pottery, necklaces, candles and other handmade products ordered as late as Christmas Eve in nine US cities, looking to win orders from competing arts-and-crafts marketplace Etsy Inc. The online retailer will offer Amazon Handmade products through its two-hour delivery service Prime Now, which normally carries household convenience items found in drugstores. It’s ...

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Whole Foods prices up again post Amazon takeover

Bloomberg Amazon.com Inc. completed its takeover of Whole Foods with a bang in August, announcing a price-cutting push that generated headlines and boosted store traffic. But in the following months, Amazon hasn’t ushered in a new era of low prices, according to Chuck Grom, an analyst at Gordon Haskett Research Advisors. He found that a basket of 110 items at ...

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Airline earnings to jump 11% as fares rise, cargo rebounds

Bloomberg Global airline earnings this year will top previous forecasts and surge to a record in 2018, spurred by higher fares and burgeoning cargo demand, according to the industry’s main trade group. Net income for 2017 is likely to total $34.5 billion, $3.1 billion higher than forecast in June, the International Air Transport Association said in a statement. The figure ...

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