Six months negotiations between CBS Corporation (NYSE:CBS) and DISH Network Corporation (NASDAQ:DISH) came to a boiling point this Friday when CBS pulled its stations from the satellite broadcaster’s menu. Fortunately, the two agreed on a new multi-year carriage deal that saw the return of CBS stations to DISH. The 12 hour blackout affected 2 million…
CBS and Dish Network Corporation (DISH) Patch Up Just In Time for Football Action
A twelve-hour blackout of CBS programs on Dish Network Corporation (NASDAQ:DISH) was all that was required for the two giants to find common ground, shake hands and enter into partnership which is likely to last for several years into the future. Spat between the two entities began about two years ago when CBS expressed its…
Amazon.com, Inc. (AMZN) Ready To Tap Online Grocery Market Sales With Amazon Elements
In its latest efforts to regain online market share with new services, Amazon.com, Inc. (NASDAQ:AMZN) launched its premium consumer goods service for its loyalty program members. The online retailer is aiming high-end products with a premium price tag and the service is likely to compete against the likes of Procter & Gamble Co (NYSE:PG) and…
Facebook Inc (FB) Assumes Stance to Beat Its Rivals at Advertising
During a recent interview, Facebook Inc (NASDAQ:FB)’s CEO Mark Zuckerberg defended his company’s advertising advantage in an outspoken comment which is as follows – “A frustration that I have is a lot of people increasingly seem to equate an advertising business model with somehow being out of alignment with your customers. I think it’s the…
Starbucks Corporation (SBUX) Looking To Expand Its Menu With Eatables And Booze
Starbucks Corporation (NASDAQ:SBUX) is planning new menu to drive its slacking growth rate in the American markets. The coffee chain is planning to add beer, wine, and snacks to its domestic cafes while working over a mobile ordering system. The changing consumer taste and shopping habits have affected majority of coffee chains and fast-food restaurants.…
Wal-Mart Stores, Inc. (WMT) CEO: Economy Not Picking Up
Wal-Mart Stores, Inc. (NYSE:WMT) CEO Doug McMillon feels that the economy is not moving that much. In CNBC’s “Squawk Box” on Wednesday, McMillon said that “the 2 percent to 3 percent growth range number” is like “kind of perpetual”. He added that looking forward to the next year, he feels there is no semblance of…
Sprint Corporation (S) Introduces Slashing Price Battle Against Its Major Competitors
Sprint Corporation (NYSE:S) is all set to outmatch its competitors by slashing its prices to half and the carrier organized “Cut Your Wireless Bill in Half Event.” Sprint offered to cut bill plan prices to half for customers migrating from other carriers including Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T). The CEO of Sprint,…
Amazon.com Inc. (AMZN) Still a Startup: Bezos
Amazon.com, Inc. (NASDAQ:AMZN) is still a startup with a lot of volatility as such, according to its CEO Jeff Bezos, in a statement made Tuesday in a New York conference sponsored by The Business Insider blog. Making the comments after Amazon received a downgrade to “negative” from Moody’s, Bezos went on to defend Amazon’s culture…
Tesla Motors Inc (TSLA) Still Falling Short On Production, Share Prices Slashed After Comment From Bayerische Motoren Werke AG (BMW)
Tesla Motors Inc (NASDAQ:TSLA) is certainly among the front-runners in the electric car industry with its large array of luxury electric cars. At the same time, the shares of the electric carmaker fell in excess of 5% after Bayerische Motoren Werke AG (ETR:BMW) declined to have any interest in partnership with the electric carmaker. The…
Alibaba Group Holding Ltd (BABA) Will Burn Local Businesses: U.S. Retailers
Alibaba Group Holding Ltd (NYSE:BABA) have been a target of a weekend TV and radio ad campaign over tax exemption for online sales. Dragging the Chinese giant online merchant into a political issue of tax loopholes is the Alliance for Main Street Fairness, a U.S. retailers group consisting of major chains such as Home Depot…