- American City Business Journals•36 minutes ago
Amazon introduced its new Pittsburgh office to the public Tuesday, demonstrating strong local ties with Carnegie Mellon University and the local tech community right from the start. The ecommerce giant, with a market capitalization more than $150 billion more than Walmart, held a reception at its new 15,000-square-foot office at the SouthSide Works now formally serving as its Pittsburgh office, incorporating the operations of two local companies it bought here in 2015, Safaba Translation Systems LLC and Shoefitr, at one address. Bill Kaper, a Butler County native who returned to town from the company’s Seattle headquarters to lead the new office, said the office’s focus is working on machine translation, its Alexa service as well as the Amazon web services division of the company.
- Reuters•58 minutes ago
U.S. women's apparel chain The Limited filed for Chapter 11 bankruptcy protection on Tuesday after closing all 250 stores, the latest brick-and-mortar retailer to fall victim to changing tastes and online competitors. Retailers filing for bankruptcy in the past year include Aeropostale Inc, Pacific Sunwear of California Inc , Sports Authority, Vestis Retail Group and American Apparel. In addition, department store chains such as Sears Holdings Corp and Macy's Inc are planning on closing scores of locations this year.
AMZN : Summary for Amazon.com, Inc. - Yahoo Finance
Amazon.com, Inc. (AMZN)
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|Bid||809.51 x 400|
|Ask||809.65 x 200|
|Day's Range||803.44 - 816.00|
|52 Week Range||474.00 - 847.21|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||185.83|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|