Third-party sellers on Amazon account for 58% of gross merchandise volume bought on Amazon’s website. Amazon is willing to sell more items from third-party sellers as it is more profitable and involve less risk for Amazon.Instead, it wants to encourage small vendors to use their third-party selling services. Therefore, Amazon wants to become more like eBay and less like Walmart. As an online marketplace, eBay is merely responsible for bringing contact sellers with the buyers.

According to the terms of the deal, Infineon would pay Cypress $23.85 per share in cash, representing a 46% premium to Cypress’ share price over the last month. The move is in line with Infineon’s target of attaining cost synergies of 180 million euros per year by 2022 and revenue synergies of more than 1.5 billion euros in the long-term.However, the company is confident that cost and revenue synergies mean that the transaction is meaningful. On the other hand, Cypress’ shares rose 27% in pre-market trade. It has also been confirmed that Infineon has paid 4.5 times revenue for Cypress, arguing that the investment has been consistent with its strategy of revenue multiples incomparable within deals in the semiconductor industry. It is expected that the combined entity will facilitate a stronger bond between the real and the digital world.

Google’s privacy woes are set to increase after campaigners on Tuesday filed complaints to data protection regulators in France, Germany and seven other EU countries over the way it deals with data in online advertising.

Democratic presidential front-runner Joe Biden is proposing a $5 trillion-plus climate proposal that he says would lead the U.S. to net zero emission of carbon pollution by 2050. The former vice-president calls for $1.7 trillion in federal spending over 10 years, with the rest of the investments coming from the private sector.Biden proposes covering the taxpayer costs by repealing the corporate tax cuts that President Donald Trump signed in 2017 while eliminating existing subsidies to the fossil fuel industry. "I will lead America and the world, not only to confront the crisis in front us but to seize the opportunity it presents," Biden says in a campaign video posted online.

CVS will offer expanded health services such as nutrition counseling and blood pressure screenings in 1,500 stores by the end of 2021. The company plans to convert a total of 50 stores this year in Houston, Atlanta, Philadelphia, and Tampa, representing about 15% of the stores in each of the markets. The company also said it expects adjusted earnings of over $7 per share in 2020 while reiterating its profit and sales forecast for 2019.Analysts on average expect a profit of $7.22 per share for 2020.

New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in manufacturing activity that could undercut the broader economy.

Italy appears to have lurched further into another political crisis with gusto although Matteo Salvini, the leader of the increasingly powerful Lega party, is insisting that he has no intention of bringing down the government.

President Donald Trump promised the U.K. a “phenomenal trade deal” Tuesday, on the second day of his state visit to Britain. His comments revealed little detail but added to previous assurances from the U.S. president as Britain slowly edges toward an exit from the EU.

Continental Resources announced a new share repurchase program and dividend, sending its shares up +14% Tuesday. The oil & natural gas exploration company will embark on a $1 billion share buyback program from the second quarter of 2019, and will continue through 2020. The company also announced a quarterly dividend of 5 cents per share, payable on November 21, to shareholders of record on November 7.On an annualized basis, the dividend will distribute about $75 million to shareholders. Chairman and CEO Harold Hamm perceives the current value of Continental Resources’ equity to be “unreasonably low” – something that makes share buybacks using excess cash an opportune strategy, as indicated by Hamm.

Netflix shares climbed more than +3% in early trading Tuesday, following a rating upgrade by Loop Capital Markets. Loop analysts raised their rating on Netflix stock to buy from hold,  as they believe the company to be a clear leader in the online video streaming industry.Analyst Alan Gould also mentioned that Netflix’s margins could potentially expand as the company seems to be increasingly engaged in all three aspects - content production, distribution and retail. Loop’s price target for Netflix shares is $425 – which represents a +26% upside from the stock's Monday closing price of $336.63.

Box Inc. beat earnings estimates for the first quarter, but issued weaker-than-expected  full-year outlook – leading to its shares plunging -11% during after-hours trading Monday. The cloud software and file sharing company’s quarterly adjusted loss of -3 cents per share was narrower than analysts’ expectations of a loss of -5 cents (based on  Refinitiv consensus estimates). Revenue of $163 million also came in higher than analysts’ anticipated $161.4 million (based on Refinitiv).Revenue jumped+16% from the year-ago quarter. However, for the full fiscal year, Box expects revenue in the range of $688 million to $692 million, lagging the average analyst forecast of $702 million (based on Refinitiv).

CVS will open 1,500 HealthHUB stores by the end of 2021, the company announced Tuesday ahead of its investor day.

Royal Dutch Shell on Tuesday outlined plans to increase spending and dividends after 2020 in a show of confidence despite an uncertain outlook for oil and gas prices.

The U.S. Federal Aviation Administration says Boeing Co’s more than 300 of the grounded 737 MAX and the prior generation 737 may contain improperly manufactured parts and that the agency will require these parts to be quickly replaced. Up to 148 of the part known as a leading-edge slat track that was manufactured by a Boeing supplier are affected, covering 179 MAX and 133 NG aircraft worldwide.The tracks guide the slats and are built into the wing. In a statement issued after the FAA announcement, Boeing said it has not been informed of any in-service issues related to this batch of slat tracks.

Apple executives showed eager consumers a large set of privacy and speed-focused changes to the company's phone and computer software. Apple CEO Tim Cook previewed one of the original shows Apple is producing for its new video-streaming service, "For All Mankind," set in an alternate history where the Soviets were first to land a man on the moon.  Apple's keynote focused largely on minor feature updates to its flagship software but hinted at its shift toward a service-focused company.

Major automakers on Monday reported better-than-expected U.S. new vehicle sales for May, posting the first monthly increase for 2019 as a strong economy and upbeat consumer sentiment boosted demand.

After rallying almost 50% from its December low, American International Group (NYSE: AIG) seems to have hit resistance at its 104-week moving average.Looking at the weekly chart we see how the stock moved sharply higher in the last month but turned lower in the past week after hitting the trend line.

The latest and one of the biggest victims in U.S. Presidents recent tariff game is likely to be the U.S. denim companies who are heavily depended on Mexico for denim supply. According to analysts, President Donald Trump’s surprise pledge to slap new tariffs on Mexican goods could end up hurting retailers the most, who are already reeling under the pressure of the ongoing tit-for-tat trade war between the U.S. and China. President Trump through his Twitter (TWTR) account on Thursday announced that the U.S. is all set to impose a 5% tariff on all Mexican imports from June 10. One of the biggest victims of this new Mexican tariffs in the retail industry could be jean makers, the reason being Mexico is the biggest supplier of men’s and boy’s jeans to the U.S. – nearly 35% of imports.Further, the country is overall the eighth-largest supplier of apparel and the seventh-largest supplier of footwear to the U.S. market. However, the American Apparel & Footwear Association said in a sta

American multinational conglomerate, General Electric’s French head Hugh Bailey in a media interview published on Sunday in France’s Journal Du Dimanche announced that the company is planning to cut jobs in the range of thousands at its eastern France factory but would not close the factory down. According to the company, the site would continue to remain GE Power’s number one industrial site in Europe, but it would look to explore alternative options for the plant as Belfort's sales of gas turbines halved between 2017 and 2018 as the group struggled to remain competitive. Currently, the Belfort plant handles gas, steam, nuclear and hydro technology but the company is looking into different alternatives like building aeronautical parts.Further this move, according to the company, is aimed at making its operations more resourceful in France in response to a dwindling market for power plants. French industrial group, Alstom, was Belfort’s biggest employer until 2014, but then it

President Donald Trump on Monday called for a boycott of AT&T to force “big changes” at subsidiary CNN, which Trump often accuses of biased and negative coverage of his administration. “I believe that if people stoped using or subscribing to @ATT, they would be forced to make big changes at @CNN, which is dying in the ratings anyway.It is so unfair with such bad, Fake News!” the president tweeted from the U.K., just as he began a state visit, misspelling “stopped.”