U.S. automaker General Motors and Korean chemical giant LG Chem will invest $2.3 billion by 2023 in a new joint venture to create battery cells for electric cars in Lordstown, Ohio.
CEO Zac Prince said the decision to build a trading function was a response to feedback from existing users interested in buying and selling crypto assets on the same platform they already keep their funds.
Critics slammed Amazon.com for selling Christmas ornaments, bottle openers and other trinkets that featured scenes of the Auschwitz concentration camp ー all made by a third party seller called "Fcheng."
Offensive trinkets sold on the Amazon Marketplace may be part of a bigger problem facing retailers: the rise of robots using algorithms to generate an endless variety of cheap products--all to entice even one buyer. Juozas Kaziukėnas, founder of e-commerce analysis company Marketplace Pulse, explains how these sellers work.
Expedia's Chief Executive Mark Okerstrom and Chief Financial Officer Alan Pickerill will resign their posts effective immediately. The year has been notable for how many chief executives have resigned, quit, or been forced out.
The San Francisco-based company, led by SoFi's former CEO Mike Cagney, provides fixed-rate Home Equity Lines of Credit (HELOCs) in an all-digital process that promises borrowers decisions in less than five minutes and funding in less than five days.
Geoffroy Van Raemdonick, CEO of Neiman Marcus, told Cheddar that the luxury retailer is embracing a guided online shopping experience with the help of personal shoppers and machine learning.
