Shake Shack’s store overlap won’t hurt long-term growth, SunTrust says

SunTrust reiterated its buy rating on Shake Shack despite existing and planned store overlap that will eat into same-store sales. The burger chain opened nine stores within 15 miles of comparable locations in 2016 and plans to open another 25 in 2017 just as close,...

In 1999, Jeff Bezos made eerily accurate predictions about how the world look today

1. Instead of going to a physical store, people will order the majority of store-bought goods online, including food staples, paper products and cleaning supplies. Bezos accurately predicted what Amazon would grow into. The company, which currently has a market cap of...