Walmart Nails Earnings

February, 20, 2019|

Walmart Has Great Holiday Season

Walmart Inc. strengthened its grip on American shoppers over the winter holidays, posting strong sales growth as the world’s biggest retailer lured customers from shrinking chains and ramped up its online grocery business...

Amazon Says Goodbye to New York

February, 15, 2019|

Amazon Cancels New York Plan

Amazon Inc. abandoned its $2.5 billion plan to build a New York City headquarters, undoing one of the country’s biggest economic-development deals because it said it was troubled by growing political opposition to subsidies to one of the world’s richest companies...

Insider Trading at CBS?

February, 13, 2019|

CBS Insider Trading Suit

Several current and former CBS Corp. executives engaged in insider trading in advance of sexual-harassment allegations against former Chairman and Chief Executive Leslie Moonves becoming public...

Deal or No Deal?

February, 12, 2019|

Deal in Sight?

U.S. congressional negotiators said late on Monday they had reached a tentative deal on border security funding that would avert another partial government shutdown due to start on Saturday but provided no details. "We reached an agreement in principle"...

Softbank’s Vision

February, 7, 2019|

SoftBank Vision Fund

SoftBank Group Corp. has spent at least half of its nearly $100 billion Vision Fund in less than two years, prompting executives to consider how the world’s biggest technology investor will raise more money to keep up...

State of The Union

February, 6, 2019|

The Agenda of the US

President Donald Trump appeared before a divided Congress for the first time on Tuesday to appeal to lawmakers' sense of unity at a moment of deepening partisan spite. His calls for conciliation were met with mostly stone-faced silence from Democrats, who bitterly oppose his agenda...

Google Profits Slip

February, 5, 2019|

Tough Day for Alphabet

Google’s parent company posted a big jump in quarterly revenue but also ever-rising costs outside its core online-advertising business, showing the drag from its efforts to diversify...

Facebook Explodes on Earnings

January, 31, 2019|

Facebook Soars Amid Tough Year

Facebook Inc. posted record quarterly profit despite a drumbeat of negative headlines, prompting CEO Mark Zuckerberg to say the social-media giant has turned a corner and plans to focus this year on building new products...