Amazon takes on India rivals with low-cost fashion store

Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and Reliance’s Ajio, which have made deeper inroads in the Indian fast-fashion market. The world’s largest e-commerce firm has rolled out the new store on its India Android […]

These stocks oversold amid the sell-off may be due for a bounce

Stocks that have been under pressure this week could be primed for a rebound. The major averages rose on Friday, attempting a comeback from the prior session’s losses and the Dow Jones Industrial Average’s worst day since March 2023. Despite the recovery attempt, all three indexes are tracking for a losing week. Investors grappled with […]

Tesla, Krispy Kreme and more

Check out the companies making headlines in midday trading. Altice USA — The cable television firm tumbled more than 12% after Wells Fargo downgraded the stock to underweight from equal weight. The bank is now skeptical on Altice’s merger and acquisition prospects, analyst Steven Cahall wrote. Tesla — The electric vehicle maker lost nearly 2% […]

Capitol rioters' families draw hope from Trump's promise of pardons

By Bernd Debusmann Jr & Mike Wendling Every night since August 2022, a small crowd has gathered outside the Washington DC Central Jail, through frigid winter nights and under spring rain, to protest against the US justice system. The protesters outside the red-brick buildings of the facility pray, discuss the news, and broadcast telephone calls […]