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Amazon's stock is trading near a 52-week high, up more than five percent Wednesday after the company posted strong second quarter earnings and profits. But Amazon will go higher, say some analysts, because the company has a decided competitive advantage.

The much-awaited tablet from Amazon, possibly an Android-powered Kindle, is expected to challenge iPad's rule in the tablet market and that's good because competition is good.

The postmaster general revealed that over the next decade, half of the 32,000 post offices. More than 200 each post offices will be closed in Texas, Illinois, Missouri and Pennsylvania.

The new MacBook Air products in particular could be a source of upside for Apple Inc. (NASDAQ: AAPL) in the second half of calendar 2011, Barclays Capital said in a note to clients.

Wal-Mart Stores Inc is opening its first small store in Chicago this week in the first true test of a store format the world's largest retailer hopes will let it penetrate urban markets that it so far has had trouble cracking.

The largest Internet retailer benefited from growth in e-commerce, though margins continued to be pressured by heavy spending on distribution, technology and digital content.

The U.S. Postal Service (USPS) announced today a list of nearly 3,700 retail offices to be studied and potentially closed as early as November and replaced by new Village Post Offices in an effort to compensate for losses.

The U.S. Post Office says it is considering closing another 3,700 retail outlets throughout the country. It's time to ask the question: Has the Internet doomed the USPS?

T-Mobile is out and Verizon is in as RadioShack tries to turn around its mobile business.

Netflix's shares drop after analysts question its future following a new price increase.

The United States Postal Service on Tuesday published the list of almost 3,700 post offices across the country being considered for closure or downsizing.

A deal with Books-A-Million to purchase 30 Borders stores has fallen apart. All Borders stores will now close.

Blackberry maker Research in Motion's plan to lay off 10 percent of the company's workforce shines fresh light on desperation within the company to keep up with fierce smartphone competition eroding market share.

So far, there have been 97 reported cases of illness resulting from an outbreak of Salmonella Agona, ten of which involved individuals being hospitalized, the U.S. Food and Drug Administration said.

The Texas company is voluntarily recalling the FDA detected salmonella matching the outbreak strain. Salmonella can cause serious and sometimes fatal infections in children and elderly with weakened immune systems.

New versions of the Mac Mini and MacBook Air have eliminated optical drives used for CDs and DVDs, which signifies the imminent death of tangible media completely as USB connectivity and digital marketplaces become the popular means for file transferring.

Two fake Apple stores shut down in Kunming while three others get to stay open.

U.S. health regulators on Monday warned people not to eat Mexican-grown papayas from Texas distributor Agromod Produce Inc., as they investigate a possible link to a salmonella outbreak in 23 states. So far, the outbreak of Salmonella Agona has resulted in 97 reported cases of illness, ten of which involved individuals being hospitalized, across the country, the U.S. Food and Drug Administration said.

In a crowded multi-storeyed marketplace in downtown Shenzhen, a store owner haggles with a cigarette-smoking customer over the price for a bulk sale.

Investigations are underway as over four retail shops, in the southern Chinese city of Kunming, were discovered to be posing as fake Apple stores. Customers and even staff were fooled by the Apple products, whether they were real or selling fakes counterfeit versions. The store itself has been impressive in terms of decorating and matching furniture to legitimate Apple stores.

The recent news of Chinese counterfeiting Apple stores and products has triggered inspections from Kunming authorities after customers and staff were fooled by fake products. Near perfect replications of Apple devices and stores will make challenging work for those going in to differentiate genuine from counterfeit items. The discovered fake Apple stores covered all the details from furniture display, a Genius Bar, product layout, signage, and staff uniforms.