Ecommerce

EBay's profit forecast disappoints, shares fall

EBay warned Wall Street on Wednesday that profit this quarter could fall below analysts' estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade

EBay's profit forecast disappoints, shares fall

EBay warned Wall Street on Wednesday that profit this quarter could fall below analysts' estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade

Blue Apron cuts 6 percent of its workforce

Blue Apron said it had cut about 6% of its total workforce, as the meal-kit delivery company comes under increasing pressure from deep-pocketed rivals such as Amazon.

Mark Zuckerberg apologizes for VR tour of Puerto Rico

FBN’s Lauren Simonetti on President Trump’s push for tax reform, Amazon’s new tool for teens to shop, Facebook CEO Mark Zuckerberg’s apology for his virtual reality ‘tour’ of Puerto Rico and Wall Street.