Amazon tests delivery in Los Angeles, shipping shares sink(Reuters) - Amazon.com Inc is testing a program to ship its sellers' goods, sending shares in FedEx and UPS tumbling even though analysts and the companies played down any near-term threat to the two global delivery businesse…Read More
Wall Street rebounds but posts worst week in two yearsNEW YORK (Reuters) - U.S. stocks ended a wild week with a burst of buying, pushing the S&P 500 up 1.5 percent on Friday, but still recorded their worst week in two years, and investors braced for more volatile trading day…Read More
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