How Amazon Rattles Other Companies

Amazon’s ambitions have few limits, and the mere specter of its entry into a particular industry can shape markets. When the company has appeared interested in expanding into a new business, it has spooked investors in potential competitors, leading to large sell-offs. The most recent example: Amazon, along with JPMorgan Chase and Berkshire Hathaway, announced…

Venky’s to buy Blackburn Rovers

Blackburn have edged closer to opening up a new frontier in English football by becoming the first Premier League team to have Indian owners. The club confirmed that talks with the Venky’s conglomerate over a £46million deal are close to conclusion and a takeover should be completed next month. The price includes £25m to buy…