Coolpad Group Ltd. is counting on its new online store to help sell 20 million smartphones this year and push the Chinese company past Lenovo Group Ltd. as the No. 2 seller in the biggest wireless market.
U.K. retail sales rose more than three times as much as economists forecast in February as Internet sales and spending on food surged, signaling the recovery maintained its momentum in the first quarter.
Adobe Systems Inc. added online subscribers at a faster-than-projected clip in the fiscal first quarter, as the company attempts to return to growth by selling Internet subscriptions for applications such as Photoshop.
The man accused of the Colorado movie-theater shooting amassed his ammunition stockpile with help from a 26-year-old law the National Rifle Association hailed at the time as its “greatest legislative milestone.”
U.S. House Speaker John Boehner said he “probably” won’t support legislation to let states require out-of-state Internet retailers to collect sales taxes, saying it would be too cumbersome to implement.
Adidas AG aims to reach 500 million euros ($687 million) in Internet sales, which are currently growing faster than 10 percent per year, Welt newspaper said, citing comments by Chief Executive Officer Herbert Hainer.