Many brick-and-mortar and large online retailers are applauding the United States Supreme Court’s decision to overturn the South Dakota v. Wayfair, Inc. ruling.
Despite its enormous size and previous run of strong growth, Amazon has had no problem in delivering another good set of numbers {in its second quarter].
Amazon reported a huge jump in second-quarter earnings amid a 49% increase in sales of its extremely lucrative cloud-computing business and a big increase in North American retail operating profit.
Starbucks Corp.’s third-quarter earnings and sales beat analysts’ estimates, but the company slightly lowered its outlook amid a slowdown in sales in China.
