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The fulfillment center will receive, package and help distribute shipments to its final destination. Amazon will invest $135 million in each state.

Microsoft, one of the biggest supporters and mainstay attraction at CES for years, will cancel its keynote presentation and booth at the show after 2012.

Gold prices in India, the world's top buyer, eased tailing soft overseas prices, but not enough to attract buyers in a traditionally lean demand period, dealers said.

Jefferies said its several checks suggest that online sales rose a solid 15 percent year-over-year in the Nov. 1 to Dec. 18 holiday season period, an acceleration from the pace of growth in the first nine months of the year.

iPhone 4S is the fifth generation of iPhone developed by Apple Inc. The latest smartphone retains the exterior design of its predecessor, the iPhone 4, but featured some important upgrades compared to the previous model.

Don't throw your wallet away yet.

Why not both? Oh, you don't have an extra $600 or $700 lying around, eh? You could wait until March or April next year to buy an iPhone 5 or buy a Samsung Galaxy Nexus this year.

Bank of Nova Scotia has applied to re-establish a presence in Cuba and a report says rival Royal Bank of Canada is considering a similar move in the wake of Cuban reforms and a thawing of the country's icy relationship with the United States.

Late night host Conan O'Brien lampooned the complaints surrounding Amazon's Kindle Fire tablet via a video message from Amazon CEO Jeff Bezos.

Toys R Us and Macy's will keep many of their stores open 24/7 in the days leading up to Christmas Eve, giving last minute shoppers a last-second savior for their tardiness.

Italian designers Domenico Dolce and Stefano Gabbana have openly displayed their disapproval of mass collections and collaborations with fashion retail stores like H&M and Target.

Apple is offering free next-day shipping on the majority of its popular gadgets, including the iPhone and iPad, leading up to Christmas.

Caterpillar Inc said its machine sales rose 30 percent in November compared with a year earlier as growth continued at the pace seen in September and October.

Recently, non-farm employment in New Jersey has been shaky, with employment falling in two of the last three months. Much of the job loss has been in the leisure and hospitality and information sectors, said an economist at Wells Fargo Securities.

For the week ending Dec. 16, more than $6.3 billion was spent on online shopping, according to digital analytics firm comScore. This figure is 15 percent higher than last year.

Two of Canada's biggest labor unions are discussing a merger, Canadian Auto Workers (CAW) National President Ken Lewenza said in an interview on Friday.

The company which created Angry Birds, the world's most popular computer game, is considering a stock market flotation in Hong Kong, joining the many foreign firms who have gone public there.

The company which created Angry Birds, the world's most popular computer game, is considering a stock market flotation in Hong Kong, joining the many foreign firms who have gone public there.

Chinese American designer Vera Wang, known for her couture bridesmaid and wedding gowns, has added a new dimension to her designer range with a men's formalwear line.

The conflict among the councils of fashion capitals New York, London and Milan has intenseified after Paris Fashion Week organizers rejected U.S. designers' new proposal for the 2012 fashion show dates.

Wells Fargo & Co. (NYSE:WFC) was fined $2 million Thursday by the Financial Industry Regulatory Authority, a regulatory group that oversees investment advisers and other finance professionals, for neglecting to discipline an investment manager who became the firm’s top salesman of a certain kind of exotic investment instrument by forcing it on unwilling, elderly clients.