US retail sales rose 0.5% in May, led by online shopping

WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that low unemployment and modest wage gains are encouraging consumers to shop. The Commerce Department...

FedEx will stop air shipments of packages for Amazon

FedEx is dropping a contract for air shipment of packages for Amazon within the United States, reducing its ties with the online retail giant that is already expanding its own delivery business. ...

Lucky Taiwan receipt lottery winner buys NT$8 newspaper, pockets NT$10 million

TAIPEI (Taiwan News) -- A total of 18 people won the NT$10 million (NT$317,000) Special Prize in the March-April issue of the Taiwan receipt lottery, including one person who bought a newspaper for NT...

Amazon says 10 million items now qualify for 1-day delivery

NEW YORK (AP) — Amazon, which has been working to deliver orders faster, says that more than 10 million items now qualify for next-day delivery. The online shopping giant is in the p...

Google's activities under scrutiny by US, Europe regulators

WASHINGTON (AP) — Google, the tech giant known universally for its search engine, also has fingers in a number of other pies, like online advertising, email messaging and video. That gives U.S. antitr...

FedEx to deliver 7 days a week to satisfy online shoppers

FedEx plans to deliver packages seven days a week starting next January as it tries to keep up with the continuing boom in online shopping. The company is also taking back nearly 2 m...

Stocks slide as market seesaws amid trade worries

NEW YORK (AP) — Banks and retailers pushed the market broadly lower in morning trading on Wall Street Wednesday. Stocks have swung between gains and losses all week as investors keep...

Stocks rebound after US eases off China sales restrictions

NEW YORK (AP) — U.S. stocks rallied in morning trading on Wall Street Tuesday after the U.S. government temporarily eased off its proposed restrictions on technology sales to Chinese companies. ...

Business Highlights

___ Mounting tensions with Iran, China leave oil prices in flux NEW YORK (AP) — A rare mix of geopolitical tensions in the Middle East and China is tugging oil pric...

Stocks climb for 3rd day in a row, erasing Monday's plunge

NEW YORK (AP) — Stocks marched higher for the third day in a row Thursday, erasing the big plunge they took on Monday on worries about the worsening trade fight between China and the U.S. ...

Uber, Lyft losses keep competitors at bay

SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one wa...

Regent Taipei & Regent Galleria presents the largest, sweetest and most luxurious dessert fair ever

Regent Taipei and Regent Galleria presents the Regent Sweet Street, bringing in twelve premium dessert brands hailing from New York, Paris, Tokyo, Hong Kong and Taipei, for guests to dine-in or takeaw...

The Latest: Amazon Prime to be 1-day shipping instead of 2

NEW YORK (AP) — The Latest on Amazon's first quarter earnings (all times local): ____ 6:00 p.m. Amazon says its free shipping for Prime members wi...

Amazon's profit more than doubles on cloud computing growth

NEW YORK (AP) — Amazon's push into advertising and cloud computing is paying off, helping the online shopping giant's first quarter profit more than double from a year ago. The Seatt...

Amazon to close its online retail operation in China

TAIPEI (Taiwan News) -- American e-commerce giant Amazon announced on Wednesday (April 17) the company is shutting down its online marketplace that sells Chinese products to local customers. Market...