archivesmall business

Amazon plans to buy 26.7 acres of the long-struggling Sunrise Mall property in Massapequa, where the e-commerce giant wants to open an operations facility. “Amazon is exploring options at the ...  Sunrise Mall site in the Town of Oyster Bay with the intent of opening an operations facility in the future. This process is in the early planning stages and additional steps remain," the Seattle-based company said in a statement Thursday afternoon.An operations facility, which is a location where Amazon conducts logistics and fulfillment activities, could include a fulfillment center, sorting center or a last-mile site,...

Investors watching the S&P 500’s plunge this week are processing a mix of signals. Will the threat of tariffs push the economy into a recession or is this simply a retrenchment from the highly valued technology companies that some analysts and investors argued were due for a pullback?There is a different stock index that is flashing a clearer warning sign.The Russell 2000 includes smaller companies that are more sensitive to the whims of the economy. These companies tend to run thinner profit margins that can be more easily eroded in...