consumers

JP Morgan to Cut $200 Million off Chase Sapphire Reserve Cards

JP Morgan to Cut $200 Million off Chase Sapphire Reserve Cards

JP Morgan Chase & Co. (NYSE: JPM) aims to cut costs of about $200 million in the unit that oversees the Sapphire Reserve credit card due to high demand and the card’s generous rewards.Consumers are willing to pay the $450 annual fee for a ..

E-Commerce TaoBao Bidding on Debt

E-Commerce TaoBao Bidding on Debt

China’s biggest e-commerce platform TaoBao is used by millions of Chinese consumers to purchase a range of everything from food to electronics and markets more than 1 billion yuan of assets a day. Owned by e-retailing giant Alibaba Group Holdi..

Nintendo is Gaining Market Share in Game Consoles Market

Nintendo is Gaining Market Share in Game Consoles Market

Nintendo Co., Ltd. (OTC: NTDOY) shares have increased more than 55 percent this year, thanks to the robust sales of its new home video game console Switch.The Japanese consumer electronics and video game company has sold 2.74 million of Switch ..