Amazon.com Inc is facing a tough phase in the recent times amid disappointing quarterly results for more than a year now. The patience of its investors is also on test and the threat of break down is looming large.
NEW YORK, July 28 (Reuters) - New York City's pension funds logged a 17.4 percent return in the fiscal year ended June 30, the comptroller's office said on Monday, bringing its total value to a record $160.5 billion.
LONDON - The British government plans to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008.
Ex-pat Kiwi Greg Foran has been named as head of Wal-Mart's US division. The famous son of the New Zealander taking the helm at retail giant Walmart says his dad was always driven to succeed, and instilled those values in his kids.
Alan �Ace� Greenberg, the man behind both the rise and fall of Bear Stearns, died on Friday. He was 86 years old. Under Greenberg's leadership Bear Stearns saw explosive growth, from a firm of 1000 employees and $46 million in capital in 1978 when ...