Sears Holdings Corp's shares soared 20% after the struggling retailer said it would sell its Kenmore home appliances on Amazon.com and integrate the brand's smart gadgets with the online giant's Alexa digital assistant.
Following the results of the lawsuit, the online retailer will no longer be able to sell counterfeit Chanel goods. Chanel will also receive all the money in the accounts of Amazon sellers stocking the fake merchandise.
Amazon.com Inc said on Friday it would buy U.S. grocer Whole Foods Market Inc for $13.7 billion, including debt, marking the internet retailer's largest deal and biggest foray into the brick-and-mortar retail sector.
Apple Inc is expected to announce plans next week to make its Siri voice assistant work with a larger variety of apps, as the technology company looks to counter the runaway success of Amazon's competing Alexa service.