Elon Musk, CEO of Tesla Motors, unveils a new all-wheel-drive version of the Model S car on October 9, 2014 in Thorney, California. Lucy Nicholson | Reuters Tesla CEO Elon Musk, who seemed to be rallying behind the epic of Gamestop, tweeted a link to the Reddit board that mostly …
Read More »Poshmark releases S-1 for IPO and shows profit
Rafael Henrik | Lightrocket | Getty Images Poshmark, an online clothing retailer, filed its IPO prospectus on Thursday after making more than $ 30 million in profits in the past two quarters. Founded in 2011, it is an Internet marketplace for poshmarks, second-hand wear, shoes and accessories. Like eBay, Poshmark …
Read More »Walmart hopes to have 20,000 workers during the holiday season
A mart mart worker at the Walmart store in Tetterborough, New Jersey, organizes products for the Christmas season. Eduardo Munoz | Reuters Walmart said it will hire 20,000 seasonal employees, which will help pack and ship purchases online at its fulfillment centers as it expects to move online by purchasing …
Read More »S&P 500 will add three companies called Tesla, sending down shares of the car company
Three new names will be added to the S&P 500 index this month, but none of them are Tesla Inc. The S&P Dow Jones index announced Friday afternoon that it will add three companies to the S&P 500 SPX, -0.81% – Catlant Inc. CTLT, -2.83% , Etsy Inc. ETSY, -3.58% …
Read More »How USPS delays affect Amazon, Etsy and eBay
A US postal worker delivers Amazon boxes outside the New York Stock Exchange (NYSE) on October 11, 2018 in New York City. Spencer Platt | Getty Images In early July, business owner Zach Williams searched for 200 parcels lost in the U.S. Postal Service hub for distribution from Detroit. Normally …
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