SAN FRANCISCO (Reuters) - Groupon Inc lost almost a quarter of its market value on Wednesday after the company began to take a smaller cut of revenue on daily deals, sacrificing revenue and profits to attract and keep merchants. "This raises que... [Full Article]
Soft demand for a key industrial pigment and solar energy products, coupled with increased spending on growth initiatives, led to a sharp drop in the DuPont Co.'s fourth-quarter income.But the results ... (Source: Associated Press)... [Full Article]
U.S. stocks wavered between small gains and losses Tuesday as big companies reported their fourth-quarter financial results. (Source: Associated Press)... [Full Article]
U.S. stocks wavered between small gains and losses Tuesday as big companies reported their fourth-quarter financial results. (Source: Associated Press)... [Full Article]
(Reuters) - Groupon Inc's shares fell more than 10 percent, a day after the online daily deals company's board backed founder-CEO Andrew Mason, disappointing investors who hoped for a leadership change. The company's shares, which have... [Full Article]
SAN FRANCISCO (Reuters) - Andrew Mason will remain CEO of Groupon Inc , a company spokesman said on Thursday after the board of directors decided to retain the company co-founder as head of the struggling online marketer of daily deals. Shares of Gro... [Full Article]
NEW YORK (Reuters) - Groupon Inc Chief Executive Andrew Mason, under fire for a plunging share price and tapering growth, said on Wednesday he would fire himself if he ever thought he was the wrong person for the job. Groupon has shed four-fifths of ... [Full Article]
NEW YORK (Reuters) - Groupon Inc CEO Andrew Mason, under fire for a plunging share price and tapering growth, said on Wednesday he would agree to step down if needed, as the struggling company's board prepared to debate on Thursday whether he re... [Full Article]
CHICAGO/SAN FRANCISCO (Reuters) - Groupon and its compatriots in the much-hyped daily deals business were supposed to change the very nature of small-business advertising. Instead, it is the daily deal vendors that are racing to change as evidence mo... [Full Article]