The war of words between top American retailers is hotting up. The Amazon prime debate had its trigger from Amazon boss Jeff Bezos who challenged competitors to match up their worker pay with that of Amazon.
The prevailing uncertainty in the oil market abetted by OPEC production cuts, the U.S. sanctions on Venezuela oil and other factors can snowball into an energy crunch and impact oil price, warned an industry expert.
It is the marriage season in the American banking sector. The good news is that the first time after the financial crisis in 2007-2009, a mega banking merger has been announced. The all stocks merger between SunTrust Bank and BB&T Corp will create America's sixth-biggest commercial bank.
The delivery of Tesla Model 3 in Europe started off nominally on Wednesday with priority for reservation holders who were awaiting the car for long. Some unexpected snags, however, affected the promised delivery to all the buyers invited. More deliveries will happen on Thursday.