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Amazon ripped off sellers, rigged search results to favor its own brands: report

Amazon ripped off its third-party sellers’ products and rigged search results to favor its own products — even as Jeff Bezos told Congress under oath that the company didn’t engage in such practices, according to a new investigation. The knockoff and manipulation campaign occurred in Amazon’s India division with the...

Goldman Sachs profit surges amid flurry of dealmaking

Goldman Sachs reported a 66-percent surge in third-quarter earnings that swept past expectations on Friday, as Wall Street’s biggest investment bank rode a record wave of M&A activity that has also boosted profit for other big US banks. The Wall Street giant headed by Chief Executive David Solomon, which generates...

Domino’s delivers first drop in US sales in more than a decade

Domino’s Pizza posted its first drop in U.S. same-store sales in over a decade on Thursday, as the world’s biggest pizza chain grappled with a slowdown in delivery demand and a tight labor market that created a shortage of drivers. As COVID-19 curbs ease, Americans have started to eat out at restaurants after...