18 July, 2018
An afternoon recap of the day's most important business news, delivered weekdays.
As part of Amazon Prime Day 2018, Prime users will be able to save on purchasing the Echo series of devices. Prime Day also lasts six hours longer than a year ago. Shoppers have lots of options because many other chains have offered sales and promotions to try to capitalize on the Prime Day spending. Chains like Macy's, Nordstrom, Best Buy, Walmart and Target to roll out their own promotions, said Charlie O'Shea, lead retail analyst at Moody's.
Amazon created Prime Day in 2015 to mark its 20th anniversary, and its success has inspired other e-commerce companies to invent shopping holidays. If that threshold is achieved, it will make July 17 the biggest shopping day ever for Amazon in terms of revenues, ahead of Cyber Monday 2017. Just don't forget that in order to enjoy Prime Day, you have to be an Amazon Prime member.
Amazon Prime membership has surpassed 100 million members as of April 2018, with many shoppers signing up for a Prime subscription during Prime Day previous year.
Customers reacted to the site issues with anger and confusion, with some even going as far as to threaten to cancel their Prime memberships.
Trump lobs Brexit verbal grenade at May
But 51% again say that the USA president is untrustworthy to negotiate a trade deal with, including 38% who say he is "very untrustworthy".
'Nothing is coming home' - Nigerians react to Belgium win over England
England players look on as Belgium is recognised as the third place winne. "We want to finish the tournament well", he added. Belgium almost doubled its lead in the 35th minute when Youri Tielemans lofted a ball into the area for Toby Alderweireld .
Netflix may soon charge you even more for 4K and HDR
Although the new Netflix Ultra plan is just being tested, it could also become an actual new tier if it's applied to everyone. Tutto Android has obtained leaked Netflix promotional material that suggests the Netflix Premium tier is changing.
So get ready for one of the biggest online shopping days of the year and good luck finding all the deals you're looking for.
Amazon acknowledged the technical glitches in a tweet Monday at 1:59 p.m. PT.
Amazon's annual 36-hour shopathon, an important marketing tool as well as a boost to business, had been expected to drum up US$3.4 billion of spending - up more than 40 per cent from previous year - as bargain-hunters chase promotions and discounts.
The Verdi union also said workers in Spain were staging a three-day strike, while Polish workers were staging a work to rule.
The Ver.di services union said workers at six German sites went on strike Tuesday to protest a lack of health benefits. Currently, Amazon is selling at $1,840 per share.