Blockbuster was once a retail colossus with more than 9,000 outlets in the US alone back in 2004. Now it is close to oblivion, with only a single store in Bend, Oregon, still operating.
The Democrat Mayor of New York, Bill De Blasio, has blasted the retailer after it reneged on plans to build part of its second headquarters in the city.
Amazon reported revenue of US$72.4 billion for the quarter, slightly beating analyst estimates.
Is this the next great innovation in retail? Amazon has launched a "cooler sized" automated delivery device which will begin transporting packages to customers in Washington state.
Womens' rights group Fawcett Society has joined forces with Let Toys Be Toys to advocate for an end to gender-specific toys this Christmas. There is already some data suggesting consumers are moving away from the gender divides in their gift purchases.
Former Amazon CFO Dave Stephenson will join the home-renting giant in January 2019.
British wine seller Majestic is the latest company to outline its plans to stockpile goods to prepare for a messy exit from the EU, announcing it will reserve an extra £8 million (US$10.3 million) of wine.
Amazon's second and third headquarters will be located in Long Island, New York and Crystal City in Arlington County, Virginia.
The world's wealthiest man's fortune has plunged to US$127.6 billion after Amazon's third-quarter earnings call.
Mike Cannon-Brookes and Scott Farquhar sit jointly at the apex of the Financial Review Young Rich List for the seventh successive year. The pair are worth A$14.2 billion (US$10 billion) thanks to the runaway success of their software company Atlassian.