Canyon bicycles are now available in the U.S., something that may change the bicycle industry and shift the business model online.Read More »
General Motors Co. started its car-sharing service, Maven, just over a year ago, placing Chevrolets and Cadillacs in New York apartment buildings for occupants to rent. Maven is still working with apartment dwellers, but it is also offering hourly and daily rental cars in 17 North American cities. It also offers Maven Gig, a service that lets people rent cars to do odd jobs, like ride-hailing for Lyft or delivering food for GrubHub.
It was good while it lasted. Almost seven months to the day President Donald Trump took office, his “Make America Great Again” agenda has been eclipsed by political turmoil that is threatening to unravel a record-breaking rally in stocks. After a chaotic few days that culminated with the resignation of White House strategist Stephen Bannon, doubts over whether the embattled president will be able to deliver on his business-friendly policies have started to seep into the market. “The country is very divided. The Congress is at war with the president,” said Ian Winer, head of the equities division at Wedbush Securities. “This week opened up the possibility that nothing will happen [on the policy
In the two months since Amazon.com Inc. (AMZN) announced its jaw-dropping $13.7 billion deal to buy Whole Foods Market Inc. (WFM) , there's been plenty of speculation about what types of physical retailers besides grocery stores Amazon will target via bricks-and-mortar initiatives. Between what was announced today and last December's unveiling of the Amazon Go store concept, it's safe to say that convenience stores are high on Amazon's hit list. As with grocery stores, Amazon is taking aim at an industry that to a large degree has been immune to e-commerce's multi-decade onslaught. Amazon just unveiled Instant Pickup, a service that it promises will let Prime members pick up "hundreds of need-it-now items like food, cold drinks, personal care items, technology essentials and Amazon devices" within two minutes of ordering them via the Amazon app.