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Business

SoftBank selling off most of its Alibaba stake: report

  Check out what’s clicking on FoxBusiness.com SoftBank is reportedly selling almost all of its remaining shares in Alibaba, limiting its exposure to China and raising cash as its tech investments take a hit in a market downturn. The Japanese group has sold about $7.2 billion worth of Alibaba shares …

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Certain Amazon returns at UPS stores come with fee

Evercore ISI Senior Managing Director Mark Mahaney unveils his new Amazon price target on “Varney & Co.” Certain returns of Amazon orders done at UPS stores could come with a new fee. The Information, a media outlet that follows the tech industry, first reported Monday on the fee, which amounts …

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