The honeymoon may be over for Yahoo! CEO Marissa Mayer. While her streak of beating earnings estimates remained intact, investors focused on problems with the company's core business and promptly punished the stock. Yet Mayer promised that one strategy she has focused on in the past year
If you think Amazon.com Inc. (Nasdaq: AMZN) will do a booming business on Cyber Monday this year, consider that Chinese shoppers will spend more money today with that country's top e-commerce website, Alibaba.com Ltd., than American shoppers will spend on Black Friday and Cyber Monday combined.
The reason is that Nov. 11 is China's "Singles Day," a manufactured holiday similar to Valentine's Day in the U.S.