Big Business
Associated Press/Business Wire

Amazon, Best Buy join up to sell TVs

by Lynde Langdon
Posted 4/19/18, 12:02 pm

Amazon and Best Buy have formed a partnership to sell TVs engineered by the online retail giant. Toshiba and Best Buy’s brand, Insignia, will make the TVs, which will be powered by Amazon’s Fire TV software and its Alexa voice-activated assistant. Amazon has made increasing efforts to establish a presence in brick-and-mortar retail stores in recent years by buying the Whole Foods grocery chain and opening more than a dozen bookstores. Best Buy investors welcomed the news, and its stock rose 4 percent Wednesday.

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Armed with information

Business | The data behemoths have great power, but they aren’t invincible
by Janie B. Cheaney
Posted 4/12/18, 10:37 am

In July 1995, Jeff Bezos sold his first book on an internet site called Amazon.com. True to tech-wizard legend, he shipped the volume from his garage in Seattle. Anyone with an ounce of computer savvy could have done the same, and before long many did; what set Bezos apart was his vision for online marketing.

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Associated Press/Photo by Wilfredo Lee (file)

Cigna to buy Express Scripts in latest healthcare merger

by Onize Ohikere
Posted 3/08/18, 10:44 am

Insurance company Cigna on Thursday announced it will buy pharmacy benefits manager Express Scripts for $67 billion. The health companies are the latest to merge in a growing bid to cut down on rising insurance costs. The acquisition includes a $52 billion payment in cash and stock and the assumption of $15 billion in debt.

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