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Trading Ideas

Who’s that selling steaks off a truck? It’s Amazon

It was sold by Amazon, which already sells just about anything online but now also hawks discounted seafood, Panini presses and more from what it calls the Treasure Truck. Amazon has also used the trucks to try to bring people into Whole Foods, the grocery chain it bought last year. The inspiration, says Treasure Truck Director Margot Johnson, was the ice cream truck, another store on wheels that pops up unexpectedly. …read more […]

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Trading Ideas

Millennial investors were piling into AT&T in anticipation its big merger with Time Warner would get approved (T)

Data from the free-trading app Robinhood, popular amongst millennials, showed 7,278 investors bought AT&T shares using the app over the past week. It is unclear as to what specific days the transactions occurred, so it is possible the bulk of the purchases came after the deal’s approval was announced. …read more […]

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Business News

Exclusive: Amazon to tap Brazil beauty obsession with cosmetics partners

SAO PAULO (Reuters) – Amazon.com Inc is recruiting major Brazilian cosmetics firms Grupo Boticario and Natura Cosmeticos SA to sell via the logistics platform it is developing in Brazil, three people familiar with talks told Reuters, making an early play for the world’s fourth-largest beauty market.

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