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Amazon Fire Phone Proves To Be an Expensive Flop

Amazon says it recorded a $170 million write-down in the third quarter largely related to its unsold stockpile of Fire smartphones.

TIME Magazine Online: Top Business Stories 

Nike CEO Hints at Apple Collaboration

The athletic brand and tech giant may come together in the near future

Reuters: Business News 

Three major nations absent as China launches World Bank rival in Asia

SHANGHAI (Reuters) - Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.

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