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Walmart Pays $1.4 Billion to Boost Flipkart Stake
Business

Walmart Pays $1.4 Billion to Boost Flipkart Stake

The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link

Apple, Amazon, Starbucks to Report in Packed Earnings Week
Business

Apple, Amazon, Starbucks to Report in Packed Earnings Week

Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest

China-Founded Rivals Ramp Up War for American Shoppers
Business

China-Founded Rivals Ramp Up War for American Shoppers

Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers back in China. Source link

Why Trucking Company Yellow Verges on Collapse
Business

Why Trucking Company Yellow Verges on Collapse

One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it saddled with debt and has

That Cool New Bookstore? It's a Barnes & Noble.
Business

That Cool New Bookstore? It's a Barnes & Noble.

Barnes & Noble used to be the book industry’s villain. Its new CEO wants to make it more like a scrappy indie outpost—596 of them,

Inside Walmart's Warehouse of the Future
Business

Inside Walmart's Warehouse of the Future

Robots handle many functions at a Florida facility, from unloading trucks and scanning boxes to building and shrink-wrapping pallets for delivery. Source link

Gucci-Owner Kering Buys Stake in Valentino
Business

Gucci-Owner Kering Buys Stake in Valentino

The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed. Source link

5 Ways That Buying a Car Has Drastically Changed
Business

5 Ways That Buying a Car Has Drastically Changed

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Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Business

Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO

Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. Source link