Back in May, Amazon announced it was toying with the idea of creating its own house brand for everyday items like cereal and diapers. Not content to just stay in your cabinets, the e-commerce giant is apparently on the verge of infiltrating our closets with its own private-label fashion line. [More]
Expanding Its Reach
CVS Buys Nursing Home Pharmacy Chain, Drug Provider OmniCare For $12.7B
By 5.21.15
CVS plans to spend $12.7 billion to buy pharmacy-service provider Omnicare Inc. in order to gain a larger foothold in the quickly expanding long-term care industry and specialty pharmacy market. [More]
LinkedIn Jumping Into The Education Business (Kind Of) With $1.5B Purchase Of Lynda.com
By 4.9.15
Human resources and professional networking site LinkedIn appears to be broadening its horizons by way of a little education. The company announced today that it struck a deal to buy online career-skills education company lynda.com for about $1.5 billion. [More]
